First Solar, Inc. (BMV:FSLR)

First Solar Ratios and Metrics

Market cap in millions MXN. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 8, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Cap	449,329	350,854	342,289	296,942	172,336	194,941
Market Cap Growth	-11.44%	2.50%	15.27%	72.30%	-11.60%	77.66%
Enterprise Value	447,720	324,457	311,823	252,432	142,770	166,875
PE Ratio	18.95	14.66	22.26	-365.34	19.90	26.52
Forward PE	11.04	9.14	14.89	44.67	37.54	26.98
PEG Ratio	-	0.28	0.40	2.56	4.75	1.97
PS Ratio	5.49	4.49	5.55	6.10	3.17	3.87
PB Ratio	2.79	2.37	2.75	2.74	1.56	1.90
P/TBV Ratio	52.97	2.38	2.77	2.74	1.56	1.91
P/FCF Ratio	-	-61.25	-23.46	-528.14	-30.61	-27.62
P/OCF Ratio	79.73	15.49	30.56	18.28	39.01	282.42
EV/Sales Ratio	5.56	4.15	5.05	5.18	2.63	3.31
EV/EBITDA Ratio	12.92	9.60	14.48	-1231.55	10.98	16.30
EV/EBIT Ratio	17.73	12.52	19.72	-48.35	17.47	28.27
EV/FCF Ratio	-25.18	-56.64	-21.38	-448.98	-25.36	-23.65
Debt / Equity Ratio	0.04	0.05	0.07	0.03	0.04	0.04
Debt / EBITDA Ratio	1.19	0.34	0.48	-16.72	0.34	0.51
Debt / FCF Ratio	-0.61	-1.98	-0.71	-6.10	-0.79	-0.74
Asset Turnover	0	0.37	0.36	0.33	0.40	0.37
Inventory Turnover	0	2.47	2.80	3.96	3.56	3.81
Quick Ratio	1.18	1.66	2.62	2.80	3.14	2.41
Current Ratio	1.90	2.45	3.55	3.65	4.39	3.56
Return on Equity (ROE)	0.00%	21.10%	16.13%	-0.02%	11.76%	3.95%
Return on Assets (ROA)	0.00%	13.38%	9.72%	-0.07%	7.15%	2.87%
Return on Capital (ROIC)	0.00%	17.83%	14.50%	-0.11%	10.41%	4.35%
Return on Capital Employed (ROCE)	0.00%	14.59%	10.45%	-4.04%	6.79%	5.10%
Earnings Yield	5.28%	6.82%	4.49%	-0.27%	5.03%	3.77%
FCF Yield	-3.96%	-1.63%	-4.26%	-0.19%	-3.27%	-3.62%
Buyback Yield / Dilution	0.09%	0.11%	0.17%	0.08%	0.17%	0.13%
Total Shareholder Return	-	0.11%	0.17%	0.08%	0.17%	0.13%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.