(DQ) Daqo New Energy - Ratings and Ratios
Silicon, Ingots, Wafers, Rods
DQ EPS (Earnings per Share)
DQ Revenue
Description: DQ Daqo New Energy August 13, 2025
Daqo New Energy Corp ADR is a Chinese company operating in the Semiconductor Materials & Equipment sub-industry, listed on the NYSE under the ticker symbol DQ. The companys primary business is related to the production of polysilicon, a critical raw material for the solar photovoltaic industry.
To assess the companys performance, key financial metrics such as revenue growth, gross margin, and operating expenses should be closely monitored. Given the negative Return on Equity (RoE) of -9.62%, it is essential to investigate the underlying causes, such as high operating costs, inefficient capital allocation, or industry-wide challenges.
The forward Price-to-Earnings (P/E) ratio of 21.37 suggests that investors expect the company to generate earnings growth in the future. However, the current P/E ratio is not available, indicating potential losses or irregular earnings. Analyzing the companys earnings per share (EPS) and the trend of EPS growth will provide insights into its profitability and future prospects.
As a player in the solar industry, Daqo New Energy is influenced by key economic drivers such as government policies supporting renewable energy, global demand for solar panels, and the overall cost of polysilicon production. The companys competitive position within the industry, its production capacity, and its ability to manage costs will be crucial in determining its long-term success.
To make informed investment decisions, it is crucial to track key performance indicators (KPIs) such as polysilicon production volume, average selling price, and revenue from different geographic regions. Additionally, monitoring the companys capital expenditure and cash flow will provide insights into its ability to fund future growth initiatives.
DQ Stock Overview
| Market Cap in USD | 2,190m |
| Sub-Industry | Semiconductor Materials & Equipment |
| IPO / Inception | 2010-10-07 |
DQ Stock Ratings
| Growth Rating | -15.7% |
| Fundamental | 8.15% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 29.8% |
| Analyst Rating | 3.78 of 5 |
DQ Dividends
Currently no dividends paidDQ Growth Ratios
| Growth Correlation 3m | 72.6% |
| Growth Correlation 12m | 47.5% |
| Growth Correlation 5y | -86.4% |
| CAGR 5y | -15.73% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.20 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.30 |
| Sharpe Ratio 12m | -0.06 |
| Alpha | 32.16 |
| Beta | 0.602 |
| Volatility | 84.55% |
| Current Volume | 1932.7k |
| Average Volume 20d | 1141.4k |
| Stop Loss | 31.2 (-6.9%) |
| Signal | 1.27 |
Piotroski VR‑10 (Strict, 0-10) 0.0
| Net Income (-343.7m TTM) > 0 and > 6% of Revenue (6% = 38.4m TTM) |
| FCFTA -0.04 (>2.0%) and ΔFCFTA 10.30pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 336.3% (prev 181.6%; Δ 154.7pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.02 (>3.0%) and CFO -111.3m > Net Income -343.7m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 5.65 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (67.5m) change vs 12m ago 1.87% (target <= -2.0% for YES) |
| Gross Margin -34.21% (prev -6.05%; Δ -28.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 9.55% (prev 17.72%; Δ -8.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -2.30 (EBITDA TTM -124.4m / Interest Expense TTM 156.1m) >= 6 (WARN >= 3) |
Altman Z'' 8.82
| (A) 0.34 = (Total Current Assets 2.61b - Total Current Liabilities 462.3m) / Total Assets 6.34b |
| (B) 0.47 = Retained Earnings (Balance) 2.98b / Total Assets 6.34b |
| (C) -0.05 = EBIT TTM -358.5m / Avg Total Assets 6.70b |
| (D) 5.17 = Book Value of Equity 2.57b / Total Liabilities 497.3m |
| Total Rating: 8.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 8.15
| 1. Piotroski 0.0pt = -5.0 |
| 2. FCF Yield -21.67% = -5.0 |
| 3. FCF Margin -41.13% = -7.50 |
| 4. Debt/Equity 0.00 = 2.50 |
| 5. Debt/Ebitda 4.43 = -2.50 |
| 6. ROIC - WACC (= -18.52)% = -12.50 |
| 7. RoE -7.92% = -1.32 |
| 8. Rev. Trend -89.07% = -6.68 |
| 9. EPS Trend -76.97% = -3.85 |
What is the price of DQ shares?
Over the past week, the price has changed by +2.57%, over one month by +18.29%, over three months by +55.16% and over the past year by +48.03%.
Is Daqo New Energy a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DQ is around 31.72 USD . This means that DQ is currently overvalued and has a potential downside of -5.31%.
Is DQ a buy, sell or hold?
- Strong Buy: 2
- Buy: 3
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the DQ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 29.6 | -11.7% |
| Analysts Target Price | 29.6 | -11.7% |
| ValueRay Target Price | 35.3 | 5.3% |
DQ Fundamental Data Overview November 02, 2025
P/E Forward = 21.3675
P/S = 3.427
P/B = 0.4575
P/EG = 0.1738
Beta = 0.602
Revenue TTM = 639.7m USD
EBIT TTM = -358.5m USD
EBITDA TTM = -124.4m USD
Long Term Debt = unknown (none)
Short Term Debt = 6.82m USD (from shortTermDebt, last fiscal year)
Debt = 6.82m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -551.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.21b USD (2.19b + Debt 6.82m - CCE 982.9m)
Interest Coverage Ratio = -2.30 (Ebit TTM -358.5m / Interest Expense TTM 156.1m)
FCF Yield = -21.67% (FCF TTM -263.1m / Enterprise Value 1.21b)
FCF Margin = -41.13% (FCF TTM -263.1m / Revenue TTM 639.7m)
Net Margin = -53.73% (Net Income TTM -343.7m / Revenue TTM 639.7m)
Gross Margin = -34.21% ((Revenue TTM 639.7m - Cost of Revenue TTM 858.5m) / Revenue TTM)
Gross Margin QoQ = 3.95% (prev -108.3%)
Tobins Q-Ratio = 0.19 (Enterprise Value 1.21b / Total Assets 6.34b)
Interest Expense / Debt = 104.8% (Interest Expense 7.15m / Debt 6.82m)
Taxrate = -24.89% (negative due to tax credits) (2.96m / -11.9m)
NOPAT = -447.7m (EBIT -358.5m * (1 - -24.89%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 5.65 (Total Current Assets 2.61b / Total Current Liabilities 462.3m)
Debt / Equity = 0.00 (Debt 6.82m / totalStockholderEquity, last quarter 4.35b)
Debt / EBITDA = 4.43 (negative EBITDA) (Net Debt -551.6m / EBITDA -124.4m)
Debt / FCF = 2.10 (negative FCF - burning cash) (Net Debt -551.6m / FCF TTM -263.1m)
Total Stockholder Equity = 4.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.42% (Net Income -343.7m / Total Assets 6.34b)
RoE = -7.92% (Net Income TTM -343.7m / Total Stockholder Equity 4.34b)
RoCE = -6.10% (EBIT -358.5m / Capital Employed (Total Assets 6.34b - Current Liab 462.3m))
RoIC = -10.31% (negative operating profit) (NOPAT -447.7m / Invested Capital 4.34b)
WACC = 8.20% (E(2.19b)/V(2.20b) * Re(8.23%) + (debt cost/tax rate unavailable))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -7.42%
Fair Price DCF = unknown (Cash Flow -263.1m)
EPS Correlation: -76.97 | EPS CAGR: -80.85% | SUE: 0.91 | # QB: 1
Revenue Correlation: -89.07 | Revenue CAGR: -32.09% | SUE: 0.96 | # QB: 1
Additional Sources for DQ Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle