Canadian Solar Statistics
Total Valuation
Canadian Solar has a market cap or net worth of $931.40 million. The enterprise value is $2.45 billion.
| Market Cap | 931.40M |
| Enterprise Value | 2.45B |
Important Dates
The next confirmed earnings date is Thursday, May 9, 2024, before market open.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Canadian Solar has 64.64 million shares outstanding.
| Shares Outstanding | 64.64M |
| Owned by Insiders (%) | 29.60% |
| Owned by Institutions (%) | 58.13% |
| Float | 47.95M |
Valuation Ratios
The trailing PE ratio is 2.91 and the forward PE ratio is 4.84. Canadian Solar's PEG ratio is 0.19.
| PE Ratio | 2.91 |
| Forward PE | 4.84 |
| PS Ratio | 0.12 |
| Forward PS | 0.11 |
| PB Ratio | 0.36 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.19 |
Enterprise Valuation
| EV / Earnings | 8.94 |
| EV / Sales | 0.32 |
| EV / EBITDA | n/a |
| EV / EBIT | 5.47 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.75.
| Current Ratio | 1.04 |
| Quick Ratio | 0.74 |
| Debt / Equity | 1.75 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 3.92 |
Financial Efficiency
Return on equity (ROE) is 11.50% and return on invested capital (ROIC) is 5.29%.
| Return on Equity (ROE) | 11.50% |
| Return on Assets (ROA) | 2.50% |
| Return on Capital (ROIC) | 5.29% |
| Revenue Per Employee | $413,267 |
| Profits Per Employee | $14,883 |
| Employee Count | 18,423 |
| Asset Turnover | 0.69 |
| Inventory Turnover | 4.69 |
Taxes
In the past 12 months, Canadian Solar has paid $59.50 million in taxes.
| Income Tax | 59.50M |
| Effective Tax Rate | 17.83% |
Stock Price Statistics
The stock price has decreased by -63.87% in the last 52 weeks. The beta is 1.25, so Canadian Solar's price volatility has been higher than the market average.
| Beta (1Y) | 1.25 |
| 52-Week Price Change | -63.87% |
| 50-Day Moving Average | 19.58 |
| 200-Day Moving Average | 24.38 |
| Relative Strength Index (RSI) | 27.56 |
| Average Volume (30 Days) | 1,452,598 |
Short Selling Information
| Short Interest | 6.84M |
| Short Previous Month | 6.92M |
| Short % of Shares Out | 13.43% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 5.04 |
Income Statement
In the last 12 months, Canadian Solar had revenue of $7.61 billion and earned $274.19 million in profits. Earnings per share was $3.87.
| Revenue | 7.61B |
| Gross Profit | 1.28B |
| Operating Income | 453.32M |
| Pretax Income | 333.69M |
| Net Income | 274.19M |
| EBITDA | n/a |
| EBIT | 447.79M |
| Earnings Per Share (EPS) | $3.87 |
Balance Sheet
The company has $2.96 billion in cash and $4.48 billion in debt, giving a net cash position of -$1.52 billion or -$23.51 per share.
| Cash & Cash Equivalents | 2.96B |
| Total Debt | 4.48B |
| Net Cash | -1.52B |
| Net Cash Per Share | -$23.51 |
| Equity / Book Value | 2.56B |
| Book Value Per Share | 39.59 |
| Working Capital | 231.06M |
Cash Flow
In the last 12 months, operating cash flow was $684.62 million and capital expenditures -$1.53 billion, giving a free cash flow of -$840.85 million.
| Operating Cash Flow | 684.62M |
| Capital Expenditures | -1.53B |
| Free Cash Flow | -840.85M |
| FCF Per Share | -$12.86 |
Margins
Gross margin is 16.81%, with operating and profit margins of 5.95% and 3.60%.
| Gross Margin | 16.81% |
| Operating Margin | 5.95% |
| Pretax Margin | 4.38% |
| Profit Margin | 3.60% |
| EBITDA Margin | n/a |
| EBIT Margin | 5.88% |
| FCF Margin | -11.04% |
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 | -1.42% |
| Shareholder Yield | -1.42% |
| Earnings Yield | 29.46% |
| FCF Yield | -90.34% |
Analyst Forecast
The average price target for Canadian Solar is $29.89, which is 107.43% higher than the current price. The consensus rating is "Hold".
| Price Target | $29.89 |
| Price Target Difference | 107.43% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 7.78% |
| EPS Growth Forecast (5Y) | 9.54% |
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 1.04 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.04 |
| Piotroski F-Score | 4 |