First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
199.67
-5.36 (-2.61%)
At close: Oct 29, 2024, 4:00 PM
186.15
-13.52 (-6.77%)
After-hours: Oct 29, 2024, 7:59 PM EDT

First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $21.37 billion. The enterprise value is $20.26 billion.

Market Cap 21.37B
Enterprise Value 20.26B

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date Oct 29, 2024
Ex-Dividend Date n/a

Share Statistics

First Solar has 107.05 million shares outstanding. The number of shares has increased by 0.34% in one year.

Shares Outstanding 107.05M
Shares Change (YoY) +0.34%
Shares Change (QoQ) +0.03%
Owned by Insiders (%) 5.34%
Owned by Institutions (%) 87.56%
Float 101.19M

Valuation Ratios

The trailing PE ratio is 17.20 and the forward PE ratio is 10.12. First Solar's PEG ratio is 0.28.

PE Ratio 17.20
Forward PE 10.12
PS Ratio 5.67
Forward PS 4.26
PB Ratio 2.95
P/FCF Ratio n/a
PEG Ratio 0.28
Financial Ratio History

Enterprise Valuation

EV / Earnings 16.23
EV / Sales 5.26
EV / EBITDA 11.80
EV / EBIT 15.25
EV / FCF n/a

Financial Position

The company has a current ratio of 2.14, with a Debt / Equity ratio of 0.08.

Current Ratio 2.14
Quick Ratio 1.14
Debt / Equity 0.08
Debt / EBITDA 0.34
Debt / FCF n/a
Interest Coverage 37.89

Financial Efficiency

Return on equity (ROE) is 17.96% and return on invested capital (ROIC) is 11.05%.

Return on Equity (ROE) 17.96%
Return on Assets (ROA) 7.90%
Return on Capital (ROIC) 11.05%
Revenue Per Employee $574,748
Profits Per Employee $186,294
Employee Count 6,700
Asset Turnover 0.37
Inventory Turnover 1.81

Taxes

In the past 12 months, First Solar has paid $88.51 million in taxes.

Income Tax 88.51M
Effective Tax Rate 6.62%

Stock Price Statistics

The stock price has increased by +39.38% in the last 52 weeks. The beta is 1.44, so First Solar's price volatility has been higher than the market average.

Beta (5Y) 1.44
52-Week Price Change +39.38%
50-Day Moving Average 223.04
200-Day Moving Average 202.42
Relative Strength Index (RSI) 40.41
Average Volume (20 Days) 2,608,214

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, First Solar had revenue of $3.85 billion and earned $1.25 billion in profits. Earnings per share was $11.61.

Revenue 3.85B
Gross Profit 1.79B
Operating Income 1.33B
Pretax Income 1.30B
Net Income 1.25B
EBITDA 1.72B
EBIT 1.33B
Earnings Per Share (EPS) $11.61
Full Income Statement

Balance Sheet

The company has $1.27 billion in cash and $581.58 million in debt, giving a net cash position of $688.24 million or $6.43 per share.

Cash & Cash Equivalents 1.27B
Total Debt 581.58M
Net Cash 688.24M
Net Cash Per Share $6.43
Equity (Book Value) 7.59B
Book Value Per Share 70.93
Working Capital 2.04B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $968.11 million and capital expenditures -$1.56 billion, giving a free cash flow of -$591.34 million.

Operating Cash Flow 968.11M
Capital Expenditures -1.56B
Free Cash Flow -591.34M
FCF Per Share -$5.52
Full Cash Flow Statement

Margins

Gross margin is 46.54%, with operating and profit margins of 34.49% and 32.41%.

Gross Margin 46.54%
Operating Margin 34.49%
Pretax Margin 34.71%
Profit Margin 32.41%
EBITDA Margin 44.59%
EBIT Margin 34.49%
FCF Margin -5.96%

Dividends & Yields

First 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 -0.34%
Shareholder Yield -0.34%
Earnings Yield 5.84%
FCF Yield -2.77%
Dividend Details

Analyst Forecast

The average price target for First Solar is $288.21, which is 44.34% higher than the current price. The consensus rating is "Strong Buy".

Price Target $288.21
Price Target Difference 44.34%
Analyst Consensus Strong Buy
Analyst Count 25
Revenue Growth Forecast (5Y) 18.55%
EPS Growth Forecast (5Y) 35.00%
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

Altman Z-Score n/a
Piotroski F-Score 5