Solarmax Technology Inc. Common Stock

Solarmax Technology Inc. Common Stock

SMXT·NASDAQ

$0.92

-0.87%
EnergySolar

SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential, commercial, and government customers. The Company was incorporated in 2008 and is based in Riverside, California.

At a Glance

Live Snapshot
Market Cap$50.00M
EPS-0.7900
P/E Ratio-1.17
Earnings Date11/14/2025

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.2).

Valuation inputs: P/E -1.2, earnings yield N/A, momentum -0.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +2.3%, ROIC -1.4%).

Profitability stack: net margin -1.5%, ROE +2.3%, ROIC -1.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +139.0%, momentum -0.9%, net margin -1.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

smxt

Solarmax Technology Inc. Common Stock Market vs Earnings Trajectory

SMXT · NASDAQ

Loading price and EPS data...

Solarmax Technology Inc. Common Stock

Solarmax Technology Inc. Common Stock Fair Value Envelope

SMXT · NASDAQ

Our analysis suggests that SMXT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $0.9208, this represents a potential HIDDEN relative to our calculated worth for Solarmax Technology Inc. Common Stock.

Intrinsic Value
Current Price: $0.9208
3Y+1030.0%
5Y+147.0%
10Y+193.0%
3Y-39.0%
5Y-74.0%
10Y-74.0%
3Y+953.0%
5Y+140.0%
10Y+193.0%
3Y+71.0%
5Y-39.0%
10Y+67.0%
3Y+71.0%
5Y-40.0%
10Y+59.0%
3Y-46.0%
5Y-65.0%
10Y-59.0%
Solarmax Technology Inc. Common Stock

Solarmax Technology Inc. Common Stock Profit Bridge

SMXT · NASDAQ
Revenue22.99M
Cost of Goods Sold (20.67M)
Gross Profit2.31M
Operating Expenses (35.42M)
Operating Income-33.10M
Interest Expense (1.57M)
Other Income/Expense-194.96K
Pretax Income-33.30M
Income Tax (1.66M)
Net Income-34.96M
Net Income
-34.96M

Profitability Analysis

Gross Margin

10.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-144.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-152.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

10.07%
Gross Profit Margin
-51%
3Y-36.0%
5Y-2.0%
10Y-15.0%
-144.01%
Operating Profit Margin
-16214%
3Y+777.0%
5Y+1081.0%
10Y+1459.0%
-152.10%
Net Profit Margin
-19039%
3Y+1629.0%
5Y+836.0%
10Y+1033.0%
231.86%
Return on Equity
-8573%
3Y+490.0%
5Y-127.0%
10Y-319.0%
-90.51%
Return on Assets
-10228%
3Y+1863.0%
5Y+588.0%
10Y+621.0%
-140.93%
Return on Invested Capital
-8486%
3Y+986.0%
5Y+771.0%
10Y+1194.0%
SMXT

Solarmax Technology Inc. Common Stock Cash Conversion Engine

SMXT · NASDAQ
Net Income-34.96M
Depreciation & Amortization1.55M
Stock-Based Compensation18.54M
Change in Working Capital-3.99M
Others7.91M
Capital Expenditures0.00
Free Cash Flow-9.13M

Cash Flow Quality Analysis

FCF Conversion Rate

26.1%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

FCF Growth Trend

-341.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$3.99M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

smxt

Solarmax Technology Inc. Common Stock Funding & Solvency Profile

SMXT · NASDAQ
Cash & Cash Equivalents5.72M
Net Receivables25.99M
Inventory1.61M
Other Current Assets3.02M
Total Current Assets42 M
Property, Plant & Equipment2.18M
Goodwill & Intangible Assets0.00
Long-Term Investments10.57M
Other Non-Current Assets3.85M
Total Non-Current Assets17 M
Total Assets
58.66M

Financial Health Analysis

Current Ratio

0.73x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Working Capital

-15442037

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

72% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

smxt

Solarmax Technology Inc. Common Stock Street Expectations Map

SMXT · NASDAQ

No Target Data

No analyst price targets available for smxt.

smxt

Solarmax Technology Inc. Common Stock Insider Positioning

SMXT · NASDAQ

During the last 12 months, there has been no insider trading activity reported for SMXT.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

No Dividend Yield Data

SMXT has not reported any dividend yield values in the available annual periods.

 

smxt Dividend History

SMXT
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%