JKS vs SEDG vs TOYO Stock Comparison

JinkoSolar Holding, Solaredge Technologies and Toyo Prices as of Nov 2, 2026 Peers: Industry group
TOYO TOYO Co., Ltd
$4.72 +8.0% 1M -36.6% 1Y
Market cap
$178.22M
P/E
2.9x
Revenue (TTM)
$400.07M
Div. yield
–
Solar Equipment Industrials
3 wins

Head to Head

8 decided of 12

Solaredge Technologies leads on 3 of the 12 questions below (Solaredge Technologies 3, Toyo 3, JinkoSolar Holding 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJKSSEDGTOYOLeader
Larger companyMarket capitalisation $493.73M $1.86B $178.22M SEDG
Cheaper on earningsLower P/E, profitable companies only -4.7x -7.0x 2.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 2.3x –
Faster revenue growthRevenue growth, trailing twelve months -14.6% +27.4% — SEDG
More profitableNet margin, trailing twelve months -1.3% -20.4% 12.3% TOYO
Better return on capitalReturn on invested capital 0.0% — 26.6% TOYO
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 15.91% — — –
Better 1-year returnPrice return, last 12 months -62.4% -13.9% -36.6% SEDG
Better 5-year returnAnnualised price return, 5 years -30.1%/yr -38.9%/yr — JKS
Less volatileAnnualised volatility, 1 year 60.7% 98.5% 98.4% JKS
Higher overall scoreMean of the five percentile scores vs peers 51/100 56/100 85/100 TOYO

Percentile Scorecard

JKSSEDGTOYO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJKSSEDGTOYO
Valuation 93 #5 of 62 69 #20 of 62 100 #1 of 62
Growth 22 #46 of 59 66 #21 of 59 –
Profitability 59 #23 of 55 57 #24 of 55 96 #3 of 55
Financial Health 30 #51 of 72 32 #49 of 72 59 #30 of 72
Shareholder Returns – 53 #15 of 31 –
Overall 51 56 85
  • JKS ranked among 72 companies in Clean Energy Equipment
  • SEDG ranked among 72 companies in Clean Energy Equipment
  • TOYO ranked among 72 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJKSSEDGTOYOSPY
1 month +2.8%-8.7%+8.0% -2.3%
3 months -40.0%-33.1%-11.8% -0.7%
6 months -61.0%-27.3%-59.4% +4.8%
Year to date -63.5%+4.7%-19.5% +10.3%
1 year -62.4%-13.9%-36.6% +10.3%
3 years -72.6%-60.1%-56.5% +73.0%
3 years, per year -35.1%-26.4%-24.2% +20.1%
5 years -83.2%-91.4%— +61.9%
5 years, per year -30.1%-38.9%— +10.1%
10 years -38.1%+114.9%— +258.6%
10 years, per year -4.7%+8.0%— +13.6%

Risk

MeasureJKSSEDGTOYOSPY
Volatility, 1Y 60.7%98.5%98.4% 12.8%
Downside volatility, 1Y 61.0%97.2%110.8% 12.8%
Beta vs S&P 500, 1Y 1.582.471.34 1.00
Return / volatility, 1Y -1.03-0.14-0.37 0.80
Max drawdown, 5Y -89.4%-97.2%-86.3% -25.4%
From 52-week high -69.2%-61.5%-72.2% -3.5%
52-week high $30.58$78.51$16.99 $779.14
52-week low $8.02$28.47$3.81 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJKSSEDGTOYO
P/E now vs peer median -4.7xmedian 29.1x -7.0xmedian 29.1x 2.9xmedian 29.1x
P/S now vs peer median 0.1xmedian 2.3x 1.4xmedian 2.3x 0.4xmedian 2.3x
EV/EBITDA now vs peer median —median 18.5x -6.6xmedian 18.5x —median 18.5x
P/FCF now vs peer median —median 28.9x 29.8xmedian 28.9x 6.7xmedian 28.9x
P/B now vs peer median 0.1xmedian 1.8x 4.5xmedian 1.8x 0.8xmedian 1.8x
PEG now vs peer median 0.16median 0.81 0.17median 0.81 —median 0.81

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJKSSEDGTOYO
Revenue $8.13B $1.29B $400.07M
Gross profit $480.41M $267.71M $107.81M
Operating income $156.82M -$221.73M $68.50M
Net income -$1.15B -$270.30M $48.32M
Free cash flow – $62.37M $26.58M
R&D $135.86M $210.44M –
EPS (diluted) $-1.99 $-4.31 $1.62
Cash & equivalents $2.32B $527.26M $103.47M
Total debt $3.00B – $25.67M
Shares (diluted) 52.10M 61.05M 30.33M
Enterprise value -$9.51B -$222.66M -$85.74M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJKSSEDGTOYO
P/E -4.7x -7.0x 2.9x
P/FCF – 29.8x 6.7x
P/Operating cash flow – 16.3x 1.8x
P/S 0.1x 1.4x 0.4x
P/B 0.1x 4.5x 0.8x
P/Tangible book 0.1x 4.6x 0.8x
EV/EBITDA – -6.6x –
EV/EBIT -1.5x -5.9x 1.5x
EV/Revenue 0.1x 1.0x 0.3x
EV/FCF – 21.0x 3.8x
EV/Operating cash flow – 11.5x 1.0x
PEG (3Y EPS CAGR) 0.16 0.17 –

Growth

14 metrics
MetricJKSSEDGTOYO
Revenue growth (1Y) -14.6% 27.4% –
Revenue CAGR (3Y) -20.9% -28.4% –
Gross profit growth (1Y) 63.8% 138.8% –
Gross profit CAGR (3Y) -43.8% -36.0% –
Operating income growth (1Y) 114.8% 85.1% –
Operating income CAGR (3Y) -44.0% -36.3% –
Net income growth (1Y) 4.5% 84.5% –
Net income CAGR (3Y) -46.4% -34.2% –
EPS growth (1Y) 85.8% 85.7% –
EPS CAGR (3Y) -29.5% -41.6% –
Operating cash flow growth (1Y) – 547.3% –
Operating cash flow CAGR (3Y) – 46.8% –
Free cash flow growth (1Y) – 161.0% –
Free cash flow CAGR (3Y) – 34.6% –

Profitability

14 metrics
MetricJKSSEDGTOYO
Gross margin 5.9% 20.8% 26.9%
EBITDA margin – -15.4% –
Operating margin 1.9% -17.2% 17.1%
Pretax margin 1.3% -19.5% 15.3%
Net margin -1.3% -20.4% 12.3%
FCF margin – 4.8% 6.6%
Operating cash flow margin – 8.9% 25.4%
Return on equity -30.8% -63.7% 27.6%
Return on assets -6.6% -11.5% 9.5%
Return on invested capital 0.0% – 26.6%
Return on capital employed -8.4% -16.3% 25.8%
Asset turnover 0.5x 0.6x 0.8x
Cash conversion (OCF / net income) – -0.4x 2.1x
Stock comp / revenue – 6.3% –

Financial Health

11 metrics
MetricJKSSEDGTOYO
Debt / assets 17.4% – 4.8%
Debt / equity 0.8x – 0.1x
Net debt / EBITDA – – –
Debt / FCF – – 1.0x
Liabilities / assets 78.4% 82.1% 61.0%
Equity / assets 21.6% 17.9% 39.0%
Interest coverage -3.6x -12.5x 30.0x
Current ratio 1.1x 2.0x 1.1x
Quick ratio 0.5x 0.9x 0.5x
Cash ratio 0.3x 0.6x 0.4x
Altman Z-score – 0.40 1.91

Shareholder Returns

7 metrics
MetricJKSSEDGTOYO
Dividend yield 15.9% – –
Net buyback yield – -0.2% –
Shareholder yield 15.9% -0.2% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJKSSEDGTOYO
Forward P/E – – 2.3xFY2026
EPS, next fiscal year $-5.57FY2026 $-0.37FY2026 $2.02FY2026
EPS growth, next FY – – +106.1%FY2026
EPS growth, the year after – – +73.8%
Revenue, next fiscal year $9.09BFY2026 $1.38BFY2026 $585.65MFY2026
Revenue growth, next FY -2.9%FY2026 +16.8%FY2026 +37.0%FY2026
Revenue growth, the year after +29.7% +6.0% +71.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJKSSEDGTOYO
Held by institutions 32.8% 95.3% 16.1%
Institutions holding 111 345 48
Change in shares held, QoQ +8.7% -4.6% +1,004.6%
Institutions buying 61 180 44
Institutions selling 30 110 4
Buyers to sellers 2.03 1.64 11.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JKSSEDGTOYO
JKS 1.00 0.39 0.09
SEDG 0.39 1.00 0.14
TOYO 0.09 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JKS, SEDG and TOYO?

Solaredge Technologies (SEDG) is the largest by market capitalisation: JinkoSolar Holding (JKS) $493.73M, Solaredge Technologies (SEDG) $1.86B, Toyo (TOYO) $178.22M.

Which company is growing faster?

Solaredge Technologies (SEDG) grew revenue fastest over the trailing twelve months: JinkoSolar Holding (JKS) -14.6%, Solaredge Technologies (SEDG) +27.4%.

Which company is more profitable?

Toyo (TOYO) has the highest net margin (JinkoSolar Holding (JKS) -1.3%, Solaredge Technologies (SEDG) -20.4%, Toyo (TOYO) 12.3%). On return on invested capital, Toyo (TOYO) leads (JinkoSolar Holding (JKS) 0.0%, Toyo (TOYO) 26.6%).

Which stock has performed better?

Over the past year Solaredge Technologies (SEDG) returned the most: JinkoSolar Holding (JKS) -62.4%, Solaredge Technologies (SEDG) -13.9%, Toyo (TOYO) -36.6%. Over five years, JinkoSolar Holding (JKS) compounded fastest (JinkoSolar Holding (JKS) -30.1%/yr, Solaredge Technologies (SEDG) -38.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: JinkoSolar Holding (JKS) 15.91%. Solaredge Technologies (SEDG) and Toyo (TOYO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, JinkoSolar Holding (JKS) has been the steadiest (JinkoSolar Holding (JKS) 60.7%, Solaredge Technologies (SEDG) 98.5%, Toyo (TOYO) 98.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JKS, SEDG and TOYO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Solaredge Technologies (SEDG) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.