Solaredge Technologies Inc vs TORM plc — how do they compare? Solaredge Technologies Inc trades at $50.15 (market cap $2.96B), while TORM plc trades at $29.89 (market cap $2.99B). The key difference: Solaredge Technologies Inc and TORM plc are close in size by market cap, and TORM plc pays a 9.62% dividend while Solaredge Technologies Inc pays none. Which is the better fit depends on your goals.
| SEDG | TRMD | |
|---|---|---|
Market Cap | $2.96B | $2.99B |
Sector | Technology | Technology |
52-Week High | $78.51 | $34.87 |
52-Week Low | $24.42 | $17.50 |
Enterprise Value | $2.89B | $3.88B |
Dividend Yield | — | 9.62% |
Trailing returns across standard periods
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
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