(FSLR) First Solar - Ratings and Ratios
Solar Modules, Photovoltaic Systems, Electricity Generation
FSLR EPS (Earnings per Share)
FSLR Revenue
Description: FSLR First Solar
First Solar Inc (NASDAQ:FSLR) is a leading solar technology company that provides photovoltaic (PV) solar energy solutions globally, leveraging its proprietary thin-film semiconductor technology to offer a lower-carbon alternative to traditional crystalline silicon PV modules.
The companys product portfolio includes cadmium telluride solar modules that convert sunlight into electricity, and it also engages in project development, operations, and maintenance services, as well as the sale of PV solar power systems to third-party customers, serving a diverse range of clients including developers, utilities, and commercial entities.
From a financial perspective, key performance indicators (KPIs) such as revenue growth, gross margin, and operating cash flow are crucial in evaluating FSLRs performance. Notably, the companys return on equity (RoE) stands at 16.31%, indicating a strong ability to generate profits from shareholder equity. Additionally, the forward price-to-earnings (P/E) ratio of 10.95 suggests that the stock may be undervalued relative to its expected earnings growth.
To further assess FSLRs investment potential, it is essential to examine its market position, competitive advantages, and growth prospects. As a prominent player in the solar energy sector, FSLRs proprietary technology and vertically integrated business model may provide a competitive edge. Moreover, the increasing demand for renewable energy and the declining costs of solar energy could drive FSLRs growth in the coming years.
From a technical analysis perspective, FSLRs stock price is currently trading at $175.85, with key support and resistance levels identified at $159.7, $140.7, and $129.4, and $216.5, $199.8, and $184.0, respectively. The stocks moving averages, including the 20-day, 50-day, and 200-day SMAs, indicate a positive trend, with the short-term SMAs above the long-term SMA, suggesting a potential buy signal.
FSLR Stock Overview
| Market Cap in USD | 21,805m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 2006-11-17 |
FSLR Stock Ratings
| Growth Rating | 17.6% |
| Fundamental | 69.2% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -26.9% |
| Analyst Rating | 4.27 of 5 |
FSLR Dividends
Currently no dividends paidFSLR Growth Ratios
| Growth Correlation 3m | 90.5% |
| Growth Correlation 12m | -39% |
| Growth Correlation 5y | 73.6% |
| CAGR 5y | 14.23% |
| CAGR/Max DD 3y | 0.24 |
| CAGR/Mean DD 3y | 0.52 |
| Sharpe Ratio 12m | -0.72 |
| Alpha | -14.17 |
| Beta | 0.400 |
| Volatility | 50.45% |
| Current Volume | 1238.7k |
| Average Volume 20d | 2297.2k |
| Stop Loss | 191.7 (-5%) |
| Signal | -0.72 |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (1.26b TTM) > 0 and > 6% of Revenue (6% = 260.6m TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA 4.73pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 59.19% (prev 57.82%; Δ 1.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 298.9m <= Net Income 1.26b (YES >=105%, WARN >=100%) |
| Net Debt (-57.7m) to EBITDA (1.74b) ratio: -0.03 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.90 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (107.4m) change vs 12m ago -0.10% (target <= -2.0% for YES) |
| Gross Margin 42.76% (prev 45.65%; Δ -2.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 36.39% (prev 34.18%; Δ 2.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 35.79 (EBITDA TTM 1.74b / Interest Expense TTM 38.6m) >= 6 (WARN >= 3) |
Altman Z'' 4.94
| (A) 0.20 = (Total Current Assets 5.42b - Total Current Liabilities 2.85b) / Total Assets 12.86b |
| (B) 0.45 = Retained Earnings (Balance) 5.81b / Total Assets 12.86b |
| (C) 0.12 = EBIT TTM 1.38b / Avg Total Assets 11.94b |
| (D) 1.31 = Book Value of Equity 5.65b / Total Liabilities 4.31b |
| Total Rating: 4.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 69.20
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield -1.42% = -0.71 |
| 3. FCF Margin -7.09% = -2.66 |
| 4. Debt/Equity 0.12 = 2.49 |
| 5. Debt/Ebitda 0.57 = 2.26 |
| 6. ROIC - WACC 7.31% = 9.13 |
| 7. RoE 15.57% = 1.30 |
| 8. Rev. Trend 57.67% = 2.88 |
| 9. Rev. CAGR 22.43% = 2.50 |
| 10. EPS Trend 80.41% = 2.01 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of FSLR shares?
Over the past week, the price has changed by -0.74%, over one month by +12.02%, over three months by +15.09% and over the past year by -13.55%.
Is First Solar a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FSLR is around 196.38 USD . This means that FSLR is currently overvalued and has a potential downside of -2.64%.
Is FSLR a buy, sell or hold?
- Strong Buy: 19
- Buy: 11
- Hold: 6
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the FSLR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 220.2 | 9.2% |
| Analysts Target Price | 220.2 | 9.2% |
| ValueRay Target Price | 216.4 | 7.3% |
Last update: 2025-09-13 05:02
FSLR Fundamental Data Overview
CCE Cash And Equivalents = 1.15b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 17.3918
P/E Forward = 8.9366
P/S = 5.0201
P/B = 2.5574
P/EG = 0.3235
Beta = 1.405
Revenue TTM = 4.34b USD
EBIT TTM = 1.38b USD
EBITDA TTM = 1.74b USD
Long Term Debt = 328.0m USD (from longTermDebt, last quarter)
Short Term Debt = 660.8m USD (from shortTermDebt, last quarter)
Debt = 988.8m USD (Calculated: Short Term 660.8m + Long Term 328.0m)
Net Debt = -57.7m USD (from netDebt column, last quarter)
Enterprise Value = 21.64b USD (21.80b + Debt 988.8m - CCE 1.15b)
Interest Coverage Ratio = 35.79 (Ebit TTM 1.38b / Interest Expense TTM 38.6m)
FCF Yield = -1.42% (FCF TTM -308.1m / Enterprise Value 21.64b)
FCF Margin = -7.09% (FCF TTM -308.1m / Revenue TTM 4.34b)
Net Margin = 28.95% (Net Income TTM 1.26b / Revenue TTM 4.34b)
Gross Margin = 42.76% ((Revenue TTM 4.34b - Cost of Revenue TTM 2.49b) / Revenue TTM)
Tobins Q-Ratio = 3.83 (Enterprise Value 21.64b / Book Value Of Equity 5.65b)
Interest Expense / Debt = 0.93% (Interest Expense 9.18m / Debt 988.8m)
Taxrate = 8.13% (114.3m / 1.41b)
NOPAT = 1.27b (EBIT 1.38b * (1 - 8.13%))
Current Ratio = 1.90 (Total Current Assets 5.42b / Total Current Liabilities 2.85b)
Debt / Equity = 0.12 (Debt 988.8m / last Quarter total Stockholder Equity 8.55b)
Debt / EBITDA = 0.57 (Net Debt -57.7m / EBITDA 1.74b)
Debt / FCF = -3.21 (Debt 988.8m / FCF TTM -308.1m)
Total Stockholder Equity = 8.08b (last 4 quarters mean)
RoA = 9.78% (Net Income 1.26b, Total Assets 12.86b )
RoE = 15.57% (Net Income TTM 1.26b / Total Stockholder Equity 8.08b)
RoCE = 16.44% (Ebit 1.38b / (Equity 8.08b + L.T.Debt 328.0m))
RoIC = 14.51% (NOPAT 1.27b / Invested Capital 8.75b)
WACC = 7.20% (E(21.80b)/V(22.79b) * Re(7.49%)) + (D(988.8m)/V(22.79b) * Rd(0.93%) * (1-Tc(0.08)))
Shares Correlation 3-Years: 59.54 | Cagr: 0.07%
Discount Rate = 7.49% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
Fair Price DCF = unknown (Cash Flow -308.1m)
Revenue Correlation: 57.67 | Revenue CAGR: 22.43%
Rev Growth-of-Growth: -9.25
EPS Correlation: 80.41 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -138.6
Additional Sources for FSLR Stock
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