Solarmax Technology Inc. (SMXT) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Solarmax Technology Inc. $0.87, price $2.16, upside -59.9%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Solarmax Technology Inc. Common Stock for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
31‑month range $0.0023 – $178.92 · fair‑value band $0.4335 – $1.58 · the $2.16 price screens above the $0.8670 fair value. Dashed = 300-day average. As of Sep 27, 2026.
Follow Solarmax Technology Inc. Common Stock in your weekly email
Every Wednesday you see whether Solarmax Technology Inc. Common Stock is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States.
Show more
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation 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 and commercial customers. SolarMax Technology, Inc. was incorporated in 2008 and is based in Riverside, California.
Stock analysis
Solarmax Technology Inc. Common Stock (SMXT) currently trades at $2.16, while our model-based Fair Value estimate is $0.8670, 59.9% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of $0.8300 per share, and 0 of the 5 models we run sit above the $2.16 price.
Bear case: the Multiples group reads lowest at $0.1600, and 5 of the 5 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.4335 (bear) to $1.58 (bull), the price of $2.16 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Solarmax Technology Inc. Common Stock reported revenue of $91.0M in FY2025 versus $37.7M in FY2021, a compound +24.6%/yr. Reported net income was −$6.3M in FY2025.
Key figures
Market cap $22.4M · P/S ratio 0.23 · EPS (TTM) $−0.1100 · Net margin −7.0% · Return on assets (EBIT) −22.9% · Operating margin 0.7% · Revenue (TTM) $98.9M · Revenue growth (YoY) +114%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 83% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −60%, SMXT screens richer than that median.
Fair Value models
Bear $0.4335Fair Value $0.8670Bull $1.58
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.16/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+295.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−7.1%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.3%
’17
’18
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.8% (2020) → −8.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+56.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +52.7% a year for the price.
Compare Solarmax Technology Inc. Common Stock with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Solar · 105 stocks
Beats the industry median on 2/6 measures
Overall it trails its industry peers.
Valuation
Quality Score38 · Below median
Fair Value upside−59.1% · Bottom 25%
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets−4.4% · Bottom 25%
Net margin (TTM)−5.4% · Below median
Operating margin (TTM)0.7% · Above median
Growth and dividend
Revenue growth114.1% · Top 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Solar median · lower = cheaper
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)100· sector 0
PAST (return on equity)0· sector 0
HEALTH (low debt)0· sector 84
DIVIDEND (yield)0· sector 26
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Solarmax Technology Inc. Common Stock Fair Value". https://www.fairvalue-calculator.com/stock/SMXT
Frequently asked questions
Is Solarmax Technology Inc. (SMXT) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of $0.8670 versus a price of $2.16, about −60% upside (overvalued).
What is the fair value of SMXT?
Our model-based fair value for Solarmax Technology Inc. Common Stock is $0.8670 (as of Sep 27, 2026), built from audited fundamentals. The current price: $2.16.
What is the quality score of SMXT?
Solarmax Technology Inc. Common Stock has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Solarmax Technology Inc. (SMXT)?
Our model-based price target is the fair value of $0.8670 (as of Sep 27, 2026) from 5 valuation models. Cautious scenario $0.4335, optimistic scenario $1.58. It is a calculation from audited fundamentals, not an analyst target.
What is the Solarmax Technology Inc. Common Stock stock forecast for 2026?
Our models put fair value at $0.8670, about −60% upside versus a price of $2.16 (overvalued). Cautious scenario $0.4335, optimistic scenario $1.58. The calculation is refreshed regularly with new filings.
What is the revenue of Solarmax Technology Inc. (SMXT)?
Solarmax Technology Inc. Common Stock reported trailing-twelve-month revenue of about $98.9M (latest available figure, as of Sep 27, 2026).
What growth is priced into Solarmax Technology Inc. (SMXT)?
For today's price to be fair in a discounted-cash-flow model, Solarmax Technology Inc. Common Stock would have to grow free cash flow by +56.3 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -7.1 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of SMXT use?
Our models discount Solarmax Technology Inc. Common Stock at 8.5 %: a base by market capitalisation (nano), damped by beta 0.14, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Solarmax Technology Inc. Common Stock that is +56.3 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Solarmax Technology Inc. (SMXT) delivered so far?
Over the past 5 years revenue at Solarmax Technology Inc. Common Stock grew -7.1 % a year. The price currently implies +56.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Solarmax Technology Inc. (SMXT) growing?
The median revenue growth in the sector is +7.3 % a year. That is the yardstick for the growth priced into Solarmax Technology Inc. Common Stock (+56.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Solarmax Technology Inc. (SMXT)?
The free-cash-flow yield on the price is 0.46 %: that much free cash flow Solarmax Technology Inc. Common Stock produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Solarmax Technology Inc. (SMXT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Solarmax Technology Inc. Common Stock it is $0.8670 per share (as of Sep 27, 2026), against a price of $2.16. It is the blended result of 5 valuation models (cash flow, earnings, asset, dividend).
Is Solarmax Technology Inc. Common Stock stock overvalued or undervalued in 2026?
As of Sep 27, 2026, SMXT trades above its calculated fair value: price $2.16, fair value $0.8670, a gap of about −60% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SMXT?
No. The price is what the market pays today ($2.16); the fair value is what the company's own numbers justify ($0.8670). For Solarmax Technology Inc. Common Stock the two are $1.29 per share apart. That gap is exactly why we show both numbers side by side.
How much is Solarmax Technology Inc. Common Stock worth?
The market values Solarmax Technology Inc. Common Stock at about $22.4M (market capitalisation, as of Sep 27, 2026). Per share that is $2.16; our models calculate a fair value of $0.8670 per share.
What do the bullish and bearish scenarios say about SMXT?
Our models span a range for Solarmax Technology Inc. Common Stock: cautious scenario $0.4335, base $0.8670, optimistic $1.58 per share (as of Sep 27, 2026, price $2.16). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Solarmax Technology Inc. (SMXT)?
Balance-sheet figures for Solarmax Technology Inc. Common Stock (as of Sep 27, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is SMXT from its 52-week high?
Solarmax Technology Inc. Common Stock trades at $2.16, about 83% below its 52-week high of $12.96 and 18% above the low of $1.83 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $0.8670 is for.
Which stocks are comparable to Solarmax Technology Inc. Common Stock?
From the same area (Technology) we also value First Solar, Inc, Nextpower Inc, Tongwei Co, Waaree Energies Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Solarmax Technology Inc. Common Stock stock attractive at the current price?
The data as of Sep 27, 2026: price $2.16, calculated fair value $0.8670 (−60%), Quality Score 38/100, from 5 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SMXT calculated?
We run Solarmax Technology Inc. Common Stock through 5 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.8670, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Solarmax Technology Inc. Common Stock itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Solarmax Technology Inc. (SMXT)?
The closing price on Oct 2, 2026 was $2.16. Our model-based fair value is $0.8670, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Solarmax Technology Inc. Common Stock right now?
The price sits above even our optimistic bull case ($1.58). The favourable scenario is already priced in. Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($0.4335 to $1.58). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Solarmax Technology Inc. Common Stock
How large is the market capitalisation of Solarmax Technology Inc. (SMXT)?
The market capitalisation of Solarmax Technology Inc. Common Stock is $22.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Solarmax Technology Inc. (SMXT)?
The price-to-sales ratio of Solarmax Technology Inc. Common Stock is 0.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Solarmax Technology Inc. (SMXT)?
Earnings per share at Solarmax Technology Inc. Common Stock are $−0.1100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Solarmax Technology Inc. (SMXT)?
The net margin of Solarmax Technology Inc. Common Stock is −7.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Solarmax Technology Inc. (SMXT)?
On an EBIT basis the return on assets of Solarmax Technology Inc. Common Stock is −22.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Solarmax Technology Inc. (SMXT)?
The operating margin of Solarmax Technology Inc. Common Stock is 0.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Solarmax Technology Inc. (SMXT)?
Revenue at Solarmax Technology Inc. Common Stock is growing +114% versus a year earlier (3y avg +26.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Solarmax Technology Inc. (SMXT) carry?
The net debt of Solarmax Technology Inc. Common Stock is $19.2M (fiscal year 2025, ≈ 38.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Solarmax Technology Inc. Common Stock in the live analysis
One click puts Solarmax Technology Inc. Common Stock on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 27, 2026