FTC Solar Statistics
Total Valuation
FTC Solar has a market cap or net worth of $62.84 million. The enterprise value is $47.84 million.
| Market Cap | 62.84M |
| Enterprise Value | 47.84M |
Important Dates
The last earnings date was Friday, May 10, 2024, before market open.
| Earnings Date | May 10, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
FTC Solar has 125.98 million shares outstanding. The number of shares has increased by 17.58% in one year.
| Shares Outstanding | 125.98M |
| Shares Change (YoY) | +17.58% |
| Shares Change (QoQ) | +1.43% |
| Owned by Insiders (%) | 36.86% |
| Owned by Institutions (%) | 21.06% |
| Float | 75.69M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 19.46 |
| PS Ratio | 0.64 |
| Forward PS | 0.31 |
| PB Ratio | 1.14 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.48 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.02.
| Current Ratio | 1.84 |
| Quick Ratio | 1.51 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -143.35 |
Financial Efficiency
Return on equity (ROE) is -69.80% and return on invested capital (ROIC) is -90.71%.
| Return on Equity (ROE) | -69.80% |
| Return on Assets (ROA) | -37.00% |
| Return on Capital (ROIC) | -90.71% |
| Revenue Per Employee | $463,357 |
| Profits Per Employee | -$222,061 |
| Employee Count | 213 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 15.18 |
Taxes
| Income Tax | -480,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -85.33% in the last 52 weeks. The beta is 1.63, so FTC Solar's price volatility has been higher than the market average.
| Beta (1Y) | 1.63 |
| 52-Week Price Change | -85.33% |
| 50-Day Moving Average | 0.49 |
| 200-Day Moving Average | 0.92 |
| Relative Strength Index (RSI) | 51.28 |
| Average Volume (30 Days) | 738,240 |
Short Selling Information
The latest short interest is 10.14 million, so 8.05% of the outstanding shares have been sold short.
| Short Interest | 10.14M |
| Short Previous Month | 9.36M |
| Short % of Shares Out | 8.05% |
| Short % of Float | 13.40% |
| Short Ratio (days to cover) | 20.90 |
Income Statement
In the last 12 months, FTC Solar had revenue of $98.70 million and -$47.30 million in losses. Loss per share was -$0.39.
| Revenue | 98.70M |
| Gross Profit | 4.16M |
| Operating Income | -50.88M |
| Pretax Income | -47.78M |
| Net Income | -47.30M |
| EBITDA | -46.00M |
| EBIT | -47.45M |
| Loss Per Share | -$0.39 |
Balance Sheet
The company has $15.94 million in cash and $934,000 in debt, giving a net cash position of $15.00 million or $0.12 per share.
| Cash & Cash Equivalents | 15.94M |
| Total Debt | 934,000 |
| Net Cash | 15.00M |
| Net Cash Per Share | $0.12 |
| Equity / Book Value | 55.16M |
| Book Value Per Share | 0.44 |
| Working Capital | 45.70M |
Cash Flow
In the last 12 months, operating cash flow was -$56.20 million and capital expenditures -$1.22 million, giving a free cash flow of -$57.42 million.
| Operating Cash Flow | -56.20M |
| Capital Expenditures | -1.22M |
| Free Cash Flow | -57.42M |
| FCF Per Share | -$0.46 |
Margins
Gross margin is 4.22%, with operating and profit margins of -51.55% and -47.92%.
| Gross Margin | 4.22% |
| Operating Margin | -51.55% |
| Pretax Margin | -48.41% |
| Profit Margin | -47.92% |
| EBITDA Margin | -46.61% |
| EBIT Margin | -48.08% |
| FCF Margin | -58.18% |
Dividends & Yields
FTC Solar does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -17.58% |
| Shareholder Yield | -17.58% |
| Earnings Yield | -75.27% |
| FCF Yield | -91.37% |
Analyst Forecast
The average price target for FTC Solar is $1.29, which is 158.57% higher than the current price. The consensus rating is "Buy".
| Price Target | $1.29 |
| Price Target Difference | 158.57% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 33.90% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
FTC Solar has an Altman Z-Score of -3.14 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -3.14 |
| Piotroski F-Score | 3 |