First Solar Inc stock page - price, fundamentals, dividends - iOCharts

Ticker
FSLR

Price
64.25
Stock movement up
+2.85 (4.64%)
Company name
First Solar Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Technology >
Solar
Market cap
6.85B
Ent value
7.05B
Price/Sales
2.75
Price/Book
1.17
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
31.74
Forward P/E
31.19
PEG
1.15
EPS growth
-17.90%
1 year return
-11.48%
3 year return
2.39%
5 year return
12.05%
10 year return
14.27%
Last updated: 2022-05-13

BUSINESS INSIGHT

Shipments (GW)

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Targeted Manufacturing Capacity (GW)

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Average Module conversion efficiency (%)

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Technology comments

First Solar is the only major PV manufacturer that develops and produces CdTe (Cadmium Telluride) solar cells

CdTe is a type of thin film solar cell that has managed to remain cost competitive with silicon-based cells. The technology is advertised to handle high temperatures and humid environments better than other silicon-based modules

The company stopped reporting this metric after 2018, they only report their current module-level verified record efficiency (the best they have been able to manufacture with their technology), which was 19% as of end of year 2020

Segment Revenues ($M)

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Segment comments

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015, hence the steep dropoff in 2015 in the manufacturing business line (Components/Modules)

Geographic Revenues ($M)

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Segment Gross Profit ($M)

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Segment comments

The Components segment is reported as Modules from 2015

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015

Segment Margins (%)

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DIVIDENDS

FSLR does not pay dividends

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E31.74
Price to OCF18.11
Price to FCF-
Price to EBITDA12.07
EV to EBITDA12.42

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.75
Price to Book1.17
EV to Sales2.83

FINANCIALS

Per share

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Per share data
Current share count106.58M
EPS (TTM)2.02
FCF per share (TTM)-2.12

Income statement

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Income statement data
Revenue (TTM)2.49B
Gross profit (TTM)556.65M
Operating income (TTM)276.60M
Net income (TTM)215.77M
EPS (TTM)2.02
EPS (1y forward)2.06

Margins

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Margins data
Gross margin (TTM)22.38%
Operating margin (TTM)11.12%
Profit margin (TTM)8.68%

Balance Sheet

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Balance Sheet data
Cash1.33B
Net receivables322.12M
Total current assets2.99B
Goodwill14.46M
Intangible assets42.77M
Property, plant and equipment0.00
Total assets7.40B
Accounts payable146.23M
Short/Current long term debt252.06M
Total current liabilities734.99M
Total liabilities1.52B
Shareholder's equity5.88B
Net tangible assets5.82B

Cash flow

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Cash flow data
Operating cash flow (TTM)378.20M
Capital expenditures (TTM)604.90M
Free cash flow (TTM)-226.70M
Dividends paid (TTM)0.00

Financial returns

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Financial returns data
Return on Equity3.67%
Return on Assets2.92%
Return on Invested Capital3.52%
Cash Return on Invested Capital-3.70%

STOCK INFORMATION

Stock chart

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Stock price data
Open64.85
Daily high66.01
Daily low63.57
Daily Volume1.60M
All-time high311.14
1y analyst estimate85.18
Beta1.36
EPS (TTM)2.02
Dividend per share-
Ex-div date-
Next earnings date27 Jul 2022

Downside potential

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Downside potential data
FSLRS&P500
Current price drop from All-time high-79.35%-15.91%
Highest price drop-96.22%-56.47%
Date of highest drop1 Jun 20129 Mar 2009
Avg drop from high-68.87%-11.33%
Avg time to new high54 days12 days
Max time to new high3524 days1805 days
COMPANY DETAILS
FSLR (First Solar Inc) company logo
Marketcap
6.85B
Marketcap category
Mid-cap
Description
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
Employees
4800
SEC filings
CEO
James Hughes
Country
USA
City
Tempe
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
Shares of First Solar were surging Friday after the stock received a fresh endorsement from Piper Sandler. Analyst Kashy Harrison upgraded First Solar (ticker: FSLR ) stock to Overweight from Neu...
May 13, 2022
Green energy has been a hot topic as prices climb, and these three stocks stand to benefit First Solar (FSLR): Two major plants will be coming online significantly boosting production Clearway Energy ...
May 13, 2022
The solar industry has felt pressure from a number of sides recently as interest rates rise and commodity and labor costs increase. What First Solar (NASDAQ: FSLR) confirmed with its recent earnings ...
May 6, 2022
Global renewable energy consumption is expected to more than double by 2050, with solar energy contributing a sizable chunk of this growth. In the first quarter of 2022, JinkoSolar's module shipments...
May 3, 2022
First Solar's (FSLR) first-quarter 2022 results came in line with the Zacks Consensus Estimate of a loss of 41 cents per share. The top line also declined 54.3% from the year-ago quarter
April 29, 2022
This call is being webcast live on the Investors section of First Solar's website at investor.firstsolar.com. A copy of the press release and associated presentation are available on First Solar's we...
April 29, 2022
First Solar (FSLR) delivered earnings and revenue surprises of 0% and 35.31%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
April 28, 2022
Net sales of $367 millionNet loss per diluted share of $0.41Cash, restricted cash, and marketable securities of $1.6 billionYTD net bookings of 16.7 GWDC; 11.9 GWDC since prior earnings callRecord exp...
April 28, 2022
DEEP DIVE During a difficult year for technology stocks, the main semiconductor index has fared even worse. This is because investors don’t yet have a handle on how much of a slowdown in growth shou...
April 26, 2022
First Solar's (FSLR) Q1 results are likely to reflect strong volume growth in shipments and solid bookings along with the adverse impacts of higher freight costs.
April 25, 2022
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