Canadian Solar Inc. (CSIQ)
NASDAQ: CSIQ · IEX Real-Time Price · USD
18.20
+0.54 (3.06%)
At close: May 24, 2024, 4:00 PM
18.15
-0.05 (-0.27%)
After-hours: May 24, 2024, 7:59 PM EDT

Canadian Solar Statistics

Total Valuation

Canadian Solar has a market cap or net worth of $1.20 billion. The enterprise value is $3.48 billion.

Market Cap 1.20B
Enterprise Value 3.48B

Important Dates

The last earnings date was Thursday, May 9, 2024, before market open.

Earnings Date May 9, 2024
Ex-Dividend Date n/a

Share Statistics

Canadian Solar has 66.16 million shares outstanding.

Shares Outstanding 66.16M
Owned by Insiders (%) 28.54%
Owned by Institutions (%) 52.32%
Float 43.20M

Valuation Ratios

The trailing PE ratio is 6.34 and the forward PE ratio is 4.84. Canadian Solar's PEG ratio is 0.19.

PE Ratio 6.34
Forward PE 4.84
PS Ratio 0.17
Forward PS 0.14
PB Ratio 0.48
P/FCF Ratio n/a
PEG Ratio 0.19
Financial Ratio History

Enterprise Valuation

EV / Earnings 17.17
EV / Sales 0.48
EV / EBITDA n/a
EV / EBIT 9.36
EV / FCF n/a

Financial Position

The company has a current ratio of 1.02, with a Debt / Equity ratio of 2.05.

Current Ratio 1.02
Quick Ratio 0.72
Debt / Equity 2.05
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 2.89

Financial Efficiency

Return on equity (ROE) is 8.10% and return on invested capital (ROIC) is 3.86%.

Return on Equity (ROE) 8.10%
Return on Assets (ROA) 1.70%
Return on Capital (ROIC) 3.86%
Revenue Per Employee $325,693
Profits Per Employee $9,122
Employee Count 22,234
Asset Turnover 0.62
Inventory Turnover 3.93

Taxes

In the past 12 months, Canadian Solar has paid $40.46 million in taxes.

Income Tax 40.46M
Effective Tax Rate 16.63%

Stock Price Statistics

The stock price has decreased by -57.93% in the last 52 weeks. The beta is 1.29, so Canadian Solar's price volatility has been higher than the market average.

Beta (1Y) 1.29
52-Week Price Change -57.93%
50-Day Moving Average 17.07
200-Day Moving Average 21.86
Relative Strength Index (RSI) 58.86
Average Volume (30 Days) 1,810,561

Short Selling Information

Short Interest 7.71M
Short Previous Month 7.65M
Short % of Shares Out 14.67%
Short % of Float n/a
Short Ratio (days to cover) 3.89

Income Statement

In the last 12 months, Canadian Solar had revenue of $7.24 billion and earned $202.83 million in profits. Earnings per share was $2.88.

Revenue 7.24B
Gross Profit 1.21B
Operating Income 356.79M
Pretax Income 243.29M
Net Income 202.83M
EBITDA n/a
EBIT 371.81M
Earnings Per Share (EPS) $2.88
Full Income Statement

Balance Sheet

The company has $2.90 billion in cash and $5.18 billion in debt, giving a net cash position of -$2.28 billion or -$34.43 per share.

Cash & Cash Equivalents 2.90B
Total Debt 5.18B
Net Cash -2.28B
Net Cash Per Share -$34.43
Equity / Book Value 2.53B
Book Value Per Share 38.24
Working Capital 139.21M
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 16.77%, with operating and profit margins of 4.93% and 2.80%.

Gross Margin 16.77%
Operating Margin 4.93%
Pretax Margin 3.36%
Profit Margin 2.80%
EBITDA Margin n/a
EBIT Margin 5.13%
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 6.70%
Shareholder Yield 6.70%
Earnings Yield 16.84%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for Canadian Solar is $29.34, which is 61.21% higher than the current price. The consensus rating is "Buy".

Price Target $29.34
Price Target Difference 61.21%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 5.55%
EPS Growth Forecast (5Y) 9.41%
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 0.96 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.96
Piotroski F-Score 2