Canadian Solar Inc. (CSIQ)
NASDAQ: CSIQ · Real-Time Price · USD
11.46
-0.34 (-2.88%)
Nov 21, 2024, 1:14 PM EST - Market open

Canadian Solar Statistics

Total Valuation

Canadian Solar has a market cap or net worth of $754.26 million. The enterprise value is $4.53 billion.

Market Cap 754.26M
Enterprise Value 4.53B

Important Dates

The next confirmed earnings date is Thursday, December 5, 2024, before market open.

Earnings Date Dec 5, 2024
Ex-Dividend Date n/a

Share Statistics

Canadian Solar has 66.16 million shares outstanding. The number of shares has decreased by -2.27% in one year.

Current Share Class 66.16M
Shares Outstanding 66.16M
Shares Change (YoY) -2.27%
Shares Change (QoQ) +0.51%
Owned by Insiders (%) 21.20%
Owned by Institutions (%) 46.07%
Float 42.12M

Valuation Ratios

The trailing PE ratio is 22.10 and the forward PE ratio is 26.62. Canadian Solar's PEG ratio is 1.52.

PE Ratio 22.10
Forward PE 26.62
PS Ratio 0.12
Forward PS 0.45
PB Ratio 0.30
P/TBV Ratio 0.30
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 1.52
Financial Ratio History

Enterprise Valuation

EV / Earnings 123.52
EV / Sales 0.70
EV / EBITDA 7.61
EV / EBIT 22.95
EV / FCF n/a

Financial Position

The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.08.

Current Ratio 1.04
Quick Ratio 0.54
Debt / Equity 1.08
Debt / EBITDA 6.65
Debt / FCF n/a
Interest Coverage 1.51

Financial Efficiency

Return on equity (ROE) is 3.37% and return on invested capital (ROIC) is 1.68%.

Return on Equity (ROE) 3.37%
Return on Assets (ROA) 1.06%
Return on Capital (ROIC) 1.68%
Revenue Per Employee $292,924
Profits Per Employee $1,650
Employee Count 22,234
Asset Turnover 0.56
Inventory Turnover 3.98

Taxes

Income Tax -273,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -45.22% in the last 52 weeks. The beta is 1.34, so Canadian Solar's price volatility has been higher than the market average.

Beta (5Y) 1.34
52-Week Price Change -45.22%
50-Day Moving Average 13.79
200-Day Moving Average 16.19
Relative Strength Index (RSI) 41.15
Average Volume (20 Days) 2,713,305

Short Selling Information

Short Interest 9.96M
Short Previous Month 8.47M
Short % of Shares Out 19.10%
Short % of Float n/a
Short Ratio (days to cover) 3.99

Income Statement

In the last 12 months, Canadian Solar had revenue of $6.51 billion and earned $36.68 million in profits. Earnings per share was $0.53.

Revenue 6.51B
Gross Profit 1.07B
Operating Income 197.39M
Pretax Income 243.29M
Net Income 36.68M
EBITDA 595.43M
EBIT 197.39M
Earnings Per Share (EPS) $0.53
Full Income Statement

Balance Sheet

The company has $1.62 billion in cash and $4.17 billion in debt, giving a net cash position of -$2.55 billion or -$38.48 per share.

Cash & Cash Equivalents 1.62B
Total Debt 4.17B
Net Cash -2.55B
Net Cash Per Share -$38.48
Equity (Book Value) 3.86B
Book Value Per Share 40.00
Working Capital 201.04M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$372.94 million and capital expenditures -$1.70 billion, giving a free cash flow of -$2.08 billion.

Operating Cash Flow -372.94M
Capital Expenditures -1.70B
Free Cash Flow -2.08B
FCF Per Share -$31.39
Full Cash Flow Statement

Margins

Gross margin is 16.47%, with operating and profit margins of 3.03% and 0.56%.

Gross Margin 16.47%
Operating Margin 3.03%
Pretax Margin 1.88%
Profit Margin 0.56%
EBITDA Margin 9.14%
EBIT Margin 3.03%
FCF Margin n/a

Dividends & Yields

Canadian 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 2.27%
Shareholder Yield 2.27%
Earnings Yield 4.70%
FCF Yield -266.05%
Dividend Details

Analyst Forecast

The average price target for Canadian Solar is $20.92, which is 83.51% higher than the current price. The consensus rating is "Hold".

Price Target $20.92
Price Target Difference 83.51%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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

Canadian Solar has an Altman Z-Score of 0.9 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.9
Piotroski F-Score 2