Maxeon Solar Technologies, Ltd. (MAXN) | Investment Case

1. Company Snapshot

1.a. Company Description

Maxeon Solar Technologies, Ltd.designs, manufactures, markets, and sells solar panels and related solar system components worldwide.The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand.

It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers.Maxeon Solar Technologies, Ltd.was incorporated in 2019 and is headquartered in Singapore.

Show Full description

1.b. Last Insights on MAXN

Maxeon Solar Technologies, Ltd.'s recent performance was negatively impacted by intense competition in the solar industry and decreasing demand. Despite a notable partnership with Hardt Electric to power the American College of Chest Physicians' HQ with clean solar energy, the company's growth prospects are challenged. With no recent earnings release available, investors are likely concerned about the company's ability to maintain its market share. According to Bloomberg, the solar industry faces a 10% decline in demand, posing a significant threat to Maxeon's sales.

1.c. Company Highlights

Last Price	2.97
Change Percentage	-0.67%
Open	2.94
Previous Close	2.99
Market Cap ( Millions)	50
Volume	36107
Year High	9.05
Year Low	2.49
M A 50	3.37
M A 200	3.5

FCF Yield	-466.78%
Dividend Yield	0.00%
ROE	194.99%
Debt / Equity	-97.56%
Net Debt / EBIDTA	-59.96%
Price To Book	-0.15
Price Earnings Ratio	-0.09
Price To FCF	-0.21
Price To sales	0.29
EV / EBITDA	-0.7

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Maxeon Solar Technologies and Hardt Electric Enable the American College of Chest Physicians to Power HQ with Clean Solar Energy

Sep -30

Source: prnewswire.com

Maxeon Solar Technologies Announces First Half of 2025 Financial Results

Aug -14

Source: prnewswire.com

Excise tax dropped in Senate bill negative for First Solar, says Mizuho

Jul -01

Source: https://thefly.com

Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2024 Results

Apr -30

Source: prnewswire.com

Maxeon Provides Strategic Business Update

Apr -04

Source: prnewswire.com

Maxeon and Tongwei Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit

Dec -30

Source: prnewswire.com

Renewables to Contribute More to Electricity: MAXN, NXT, FSLR to Gain?

Dec -13

Source: zacks.com

Maxeon Solar Technologies: Messy Picture Continues - Sell

Dec -12

Source: seekingalpha.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (12.20%)

6. Segments

Solar Power Technology

Expected Growth: 12.2%

Growing demand for renewable energy, increasing adoption of solar power, and advancements in high-efficiency solar panels drive the growth of Maxeon Solar Technologies' solar power technology.

7. Detailed Products

Residential Solar Panels

High-efficiency solar panels designed for residential use, providing clean energy for homes.

Commercial Solar Panels

High-performance solar panels designed for commercial use, providing clean energy for businesses.

Solar Inverters

High-efficiency solar inverters that convert DC power from solar panels to AC power for homes and businesses.

Energy Storage Systems

Advanced energy storage systems designed to store excess energy generated by solar panels for later use.

Solar Monitoring and Control Systems

Advanced monitoring and control systems that track and optimize solar energy production and consumption.

Solar Power Systems for Remote Communities

Off-grid solar power systems designed for remote communities and villages, providing reliable and sustainable energy.

8. Maxeon Solar Technologies, Ltd.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Maxeon Solar Technologies, Ltd. is medium due to the presence of alternative energy sources such as wind power and hydroelectric power. However, the cost and efficiency of solar energy make it a competitive option.

Bargaining Power Of Customers

The bargaining power of customers for Maxeon Solar Technologies, Ltd. is low due to the lack of concentration in the customer base and the high switching costs for customers.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Maxeon Solar Technologies, Ltd. is medium due to the presence of multiple suppliers for raw materials and the moderate level of differentiation in the industry.

Threat Of New Entrants

The threat of new entrants for Maxeon Solar Technologies, Ltd. is high due to the low barriers to entry and the high growth potential in the solar energy industry.

Intensity Of Rivalry

The intensity of rivalry for Maxeon Solar Technologies, Ltd. is high due to the high level of competition in the industry and the high stakes of competition in the solar energy market.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

	Value
Debt Weight	91.38%
Debt Cost	5.41%
Equity Weight	8.62%
Equity Cost	12.01%
WACC	5.98%
Leverage	1059.92%

11. Quality Control: Maxeon Solar Technologies, Ltd. passed 4 out of 9 key points

Strong Liquidity

Low Deb

Strong Interest Coverage

Healthy Cash Flow

Operating Efficiency

Strong Return On Equity

Consistent Revenue Growth

Consistent Operating Cash Flow Growth

Margin Improvement

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Maxeon Solar Technologies

A-Score: 4.1/10

Value: 9.6

Growth: 2.7

Quality: 4.9

Yield: 0.0

Momentum: 3.5

Volatility: 4.0

1-Year Total Return ->

Canadian Solar

A-Score: 4.0/10

Value: 9.8

Growth: 2.3

Quality: 4.1

Yield: 0.0

Momentum: 6.5

Volatility: 1.3

1-Year Total Return ->

SMA Solar Technology

A-Score: 3.8/10

Value: 7.8

Growth: 2.8

Quality: 2.5

Yield: 1.9

Momentum: 8.0

Volatility: 0.0

1-Year Total Return ->

Recon Technology

A-Score: 3.8/10

Value: 8.2

Growth: 4.6

Quality: 4.1

Yield: 0.0

Momentum: 3.0

Volatility: 3.0

1-Year Total Return ->

7C Solarparken

A-Score: 3.8/10

Value: 7.7

Growth: 2.8

Quality: 2.9

Yield: 1.9

Momentum: 1.0

Volatility: 6.3

1-Year Total Return ->

Array Technologies

A-Score: 3.8/10

Value: 6.9

Growth: 3.7

Quality: 2.9

Yield: 0.0

Momentum: 8.0

Volatility: 1.0

1-Year Total Return ->

Peers Metrics

12.e Scoring ^Insights

12.f DCF ^BETA

Parameters

Short Term Growth

12.47%

Short term Time

10.0

Long-Term Growth

2.00%

WACC

5.98%

Maxeon Solar Technologies, Ltd. - SGXZ25336314

1. Company Snapshot

1.a. Company Description

1.b. Last Insights on MAXN

1.c. Company Highlights

Weak Momentum

More Volatile

Cheaper

Earnings Beats

Earnings Miss

Revenues Miss

Strong Momentum

Average Yield

Revenues Beats

Medium Volatility

Average Growth

Lower Growth

2. Transcript Summary

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (12.20%)

6. Segments

Solar Power Technology

Expected Growth: 12.2%

7. Detailed Products

Residential Solar Panels

Commercial Solar Panels

Solar Inverters

Energy Storage Systems

Solar Monitoring and Control Systems

Solar Power Systems for Remote Communities

8. Maxeon Solar Technologies, Ltd.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Bargaining Power Of Customers

Bargaining Power Of Suppliers

Threat Of New Entrants

Intensity Of Rivalry

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

11. Quality Control: Maxeon Solar Technologies, Ltd. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

2.97$

Current Price

2.97$

Potential

-0.00%

Expected Cash-Flows

12.e Scoring ^Insights

12.f DCF ^BETA