Canadian Solar Statistics
Total Valuation
Canadian Solar has a market cap or net worth of $1.06 billion. The enterprise value is $4.75 billion.
Important Dates
The next estimated earnings date is Tuesday, November 12, 2024, before market open.
| Earnings Date | Nov 12, 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.
| Shares Outstanding | 66.16M |
| Shares Change (YoY) | -2.27% |
| Shares Change (QoQ) | +0.51% |
| Owned by Insiders (%) | 21.20% |
| Owned by Institutions (%) | 43.01% |
| Float | 42.17M |
Valuation Ratios
The trailing PE ratio is 28.31 and the forward PE ratio is 34.11. Canadian Solar's PEG ratio is 1.95.
| PE Ratio | 28.31 |
| Forward PE | 34.11 |
| PS Ratio | 0.15 |
| Forward PS | 0.57 |
| PB Ratio | 0.38 |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.95 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 129.51 |
| EV / Sales | 0.73 |
| EV / EBITDA | 7.98 |
| EV / EBIT | 24.06 |
| 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 -25.76% 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 | -25.76% |
| 50-Day Moving Average | 13.90 |
| 200-Day Moving Average | 16.85 |
| Relative Strength Index (RSI) | 60.84 |
| Average Volume (20 Days) | 2,527,917 |
Short Selling Information
| Short Interest | 8.47M |
| Short Previous Month | 8.20M |
| Short % of Shares Out | 16.24% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 4.43 |
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 StatementBalance 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 SheetCash 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 StatementMargins
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 | 3.67% |
| FCF Yield | -207.63% |
Dividend DetailsAnalyst Forecast
The average price target for Canadian Solar is $22.33, which is 39.91% higher than the current price. The consensus rating is "Hold".
| Price Target | $22.33 |
| Price Target Difference | 39.91% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |