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- Ticker
- FSLR
- Price
- 226.05
- Stock movement up
- +0.40 (0.18%)
- Company name
- First Solar Inc
- Exchange
- (NASDAQ ,
- Currency
- USD )
- Sector
- Technology >Solar
- Market cap
- 24.26B
- Ent value
- 25.24B
- Price/Sales
- 4.65
- Price/Book
- 2.54
- Div yield
- -
- Div growth
- -
- Growth years
- -
- FCF payout
- -
- Trailing P/E
- 15.87
- Forward P/E
- 9.39
- PEG
- 0.58
- EPS growth
- 30.65%
- 1 year return (CAGR)
- 40.98%
- 3 year return (CAGR)
- 11.30%
- 5 year return (CAGR)
- 17.29%
- 10 year return (CAGR)
- 13.42%
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
BUSINESS INSIGHT
Shipments (GW)
Manufacturing Capacity (GW)
Average Module conversion efficiency (%)
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 ($M)
Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015
Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015, hence the steep dropoff in 2015 in the manufacturing business line (Components/Modules)
Geographic Revenues ($M)
Segment Gross Profit ($M)
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 (%)
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
DIVIDENDS
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
VALUATION
Valuation Ratios
| Trailing P/E | 15.87 |
| Price to OCF | 11.79 |
| Price to FCF | 20.43 |
| Price to EBITDA | 11.26 |
| EV to EBITDA | 11.72 |
Valuation (Sales/Book Value)
| Price to Sales | 4.65 |
| Price to Book | 2.54 |
| EV to Sales | 4.84 |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
FINANCIALS
Per share
| Current share count | 107.31M |
| EPS (TTM) | 14.19 |
| FCF per share (TTM) | 11.03 |
Income statement
| Revenue (TTM) | 5.22B |
| Gross profit (TTM) | 2.12B |
| Operating income (TTM) | 1.60B |
| Net income (TTM) | 1.53B |
| EPS (TTM) | 14.19 |
| EPS (1y forward) | 24.08 |
Margins
| Gross margin (TTM) | 40.62% |
| Operating margin (TTM) | 30.59% |
| Profit margin (TTM) | 29.28% |
Balance Sheet
| Cash | 2.80B |
| Net receivables | 1.29B |
| Total current assets | 6.03B |
| Goodwill | 31.09M |
| Intangible assets | 51.01M |
| Property, plant and equipment | 8.43B |
| Total assets | 13.32B |
| Accounts payable | 405.77M |
| Short/Current long term debt | 498.57M |
| Total current liabilities | 2.25B |
| Total liabilities | 3.78B |
| Shareholder's equity | 9.54B |
| Net tangible assets | 0.00 |
Cash flow
| Operating cash flow (TTM) | 2.06B |
| Capital expenditures (TTM) | 869.88M |
| Free cash flow (TTM) | 1.19B |
| Dividends paid (TTM) | 0.00 |
Financial returns
| Return on Equity | 16.02% |
| Return on Assets | 11.47% |
| Return on Invested Capital | 15.23% |
| Cash Return on Invested Capital | 11.83% |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
STOCK INFORMATION
Stock chart
| Open | 225.13 |
| Daily high | 228.02 |
| Daily low | 220.46 |
| Daily Volume | 2.16M |
| All-time high | 311.14 |
| 1y analyst estimate | 258.91 |
| Beta | 1.65 |
| EPS (TTM) | 14.19 |
| Dividend per share | 0.00 |
| Ex-div date | - |
| Next earnings date | 3 Mar 2026 |
Downside potential
| FSLR | S&P500 | |
| Current price drop from All-time high | -27.35% | -1.82% |
| Highest price drop | -96.22% | -56.47% |
| Date of highest drop | 1 Jun 2012 | 9 Mar 2009 |
| Avg drop from high | -63.76% | -10.84% |
| Avg time to new high | 66 days | 12 days |
| Max time to new high | 4466 days | 1805 days |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner