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Ticker
FSLR

Price
125.93
Stock movement up
+3.74 (3.06%)
Company name
First Solar Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Technology >
Solar
Market cap
13.48B
Ent value
16.32B
Price/Sales
3.50
Price/Book
1.78
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
10.80
Forward P/E
6.07
PEG
0.39
EPS growth
41.58%
1 year return
-32.04%
3 year return
17.25%
5 year return
27.52%
10 year return
7.47%
Last updated: 2025-04-11

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

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 or no data was received

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E10.80
Price to OCF13.93
Price to FCF-
Price to EBITDA7.76
EV to EBITDA9.39

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.50
Price to Book1.78
EV to Sales4.24

FINANCIALS

Per share

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Per share data
Current share count107.06M
EPS (TTM)11.60
FCF per share (TTM)-5.50

Income statement

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Income statement data
Revenue (TTM)3.85B
Gross profit (TTM)1.79B
Operating income (TTM)1.38B
Net income (TTM)1.25B
EPS (TTM)11.60
EPS (1y forward)20.75

Margins

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Margins data
Gross margin (TTM)46.42%
Operating margin (TTM)35.75%
Profit margin (TTM)32.41%

Balance Sheet

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Balance Sheet data
Cash1.01B
Net receivables904.06M
Total current assets3.82B
Goodwill29.59M
Intangible assets56.65M
Property, plant and equipment7.45B
Total assets11.44B
Accounts payable265.32M
Short/Current long term debt694.14M
Total current liabilities1.78B
Total liabilities3.84B
Shareholder's equity7.59B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)968.11M
Capital expenditures (TTM)1.56B
Free cash flow (TTM)-591.34M
Dividends paid (TTM)0.00

Financial returns

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Financial returns data
Return on Equity16.44%
Return on Assets10.91%
Return on Invested Capital15.24%
Cash Return on Invested Capital-7.22%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open122.97
Daily high126.33
Daily low120.15
Daily Volume2.69M
All-time high311.14
1y analyst estimate270.85
Beta1.48
EPS (TTM)11.60
Dividend per share-
Ex-div date-
Next earnings date29 Apr 2025

Downside potential

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Downside potential data
FSLRS&P500
Current price drop from All-time high-59.53%-12.89%
Highest price drop-96.22%-56.47%
Date of highest drop1 Jun 20129 Mar 2009
Avg drop from high-65.16%-11.07%
Avg time to new high64 days12 days
Max time to new high4254 days1805 days

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COMPANY DETAILS
FSLR (First Solar Inc) company logo
Marketcap
13.48B
Marketcap category
Large-cap
Description
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. 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
6700
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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iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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