Valuation Trading Multiples & Precedent Transactions: Solar and Wind Power Equipment Manufacturers
Valuation benchmarks for Solar and Wind Power Equipment Manufacturers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Solar and Wind Power Equipment Manufacturers Market Context & Valuation Drivers
Companies in this public trading comparables group design and supply equipment that converts renewable resources into electricity, primarily solar PV modules and inverters, battery energy storage systems, and wind turbines. Revenue comes from hardware shipments, turnkey solutions, and service/O&M. They are grouped as valuation benchmarks given shared capital‑equipment models, manufacturing footprints, and demand drivers, with performance tracked by shipments, margins, backlog, and capacity utilization.
Typical capabilities include high‑efficiency photovoltaic cell and module manufacturing, ingot and wafer production, power electronics such as string and central PV inverters, integrated battery energy storage systems, onshore and offshore wind turbine design and assembly, balance‑of‑system components including mounting structures and solar glass, grid integration and smart energy management platforms, as well as EPC, project delivery, and long‑term maintenance services supporting reliable renewable power generation.
Primary customers include utilities and independent power producers, commercial and industrial energy users, and residential solar installers and distributors. End markets span utility‑scale projects and distributed generation. Valuation benchmarks emphasize shipment volumes (MW, modules, turbines), pricing and ASP trends, order backlog and book‑to‑bill, manufacturing utilization, gross and EBITDA margins, and growing service/O&M revenue mix, which together indicate revenue visibility, profitability, and capital efficiency.
2. Valuation Analysis: Public Trading Comps & Multiples for Solar and Wind Power Equipment Manufacturers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Solar and Wind Power Equipment Manufacturers sector
Comparable group 1: Solar and Wind Power Equipment Manufacturers
Jinko Solar
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of photovoltaic modules and energy storage solutions, focusing on manufacturing and distributing high-efficiency solar products for utility, commercial, and residential use across global markets.
- Key Products:
- Photovoltaic Modules: Manufactures high-efficiency solar panels for utility and residential applications
- Energy Storage Solutions: Offers comprehensive storage solutions for solar energy systems
- Solar Cells: Produces silicon-based solar cells for converting sunlight to electricity
- Ingot and Wafer Production: Engages in the production of silicon ingots and wafers for solar applications
- Integrated Solar Solutions: Provides full-service solar solutions, including consulting and installation support.
Trina Solar
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of photovoltaic (PV) modules and smart energy solutions offering solar power products and comprehensive solar systems for residential, commercial, and utility-scale applications worldwide
- Key Products:
- Residential Solar Panels: High-efficiency panels designed for home installations providing reliable energy
- Commercial Solar Modules: Advanced panels for industrial and commercial use offering superior performance
- Utility-Scale Solutions: Comprehensive services for large power plants and solar farms
- Energy Storage Systems: Integrated solutions to store solar energy for continuous supply
- Smart Microgrid Systems: Customized microgrid solutions ensuring energy independence and resilience