First Solar Statistics
Total Valuation
First Solar has a market cap or net worth of $19.53 billion. The enterprise value is $18.95 billion.
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 107.06 million shares outstanding. The number of shares has increased by 0.34% in one year.
| Current Share Class | 107.06M |
| Shares Outstanding | 107.06M |
| Shares Change (YoY) | +0.34% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 6.85% |
| Owned by Institutions (%) | 87.81% |
| Float | 99.59M |
Valuation Ratios
The trailing PE ratio is 15.71 and the forward PE ratio is 9.45. First Solar's PEG ratio is 0.31.
| PE Ratio | 15.71 |
| Forward PE | 9.45 |
| PS Ratio | 5.07 |
| Forward PS | 3.55 |
| PB Ratio | 2.57 |
| P/TBV Ratio | 2.60 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 20.17 |
| PEG Ratio | 0.31 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 15.18 |
| EV / Sales | 4.92 |
| EV / EBITDA | 11.04 |
| EV / EBIT | 14.27 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.14, with a Debt / Equity ratio of 0.09.
| Current Ratio | 2.14 |
| Quick Ratio | 1.21 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 0.40 |
| Debt / FCF | n/a |
| Interest Coverage | 37.89 |
Financial Efficiency
Return on equity (ROE) is 17.96% and return on invested capital (ROIC) is 10.97%.
| Return on Equity (ROE) | 17.96% |
| Return on Assets (ROA) | 7.90% |
| Return on Capital (ROIC) | 10.97% |
| Revenue Per Employee | $574,748 |
| Profits Per Employee | $186,294 |
| Employee Count | 6,700 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 1.66 |
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 +5.64% in the last 52 weeks. The beta is 1.46, so First Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.46 |
| 52-Week Price Change | +5.64% |
| 50-Day Moving Average | 196.38 |
| 200-Day Moving Average | 210.64 |
| Relative Strength Index (RSI) | 41.03 |
| Average Volume (20 Days) | 2,240,223 |
Short Selling Information
The latest short interest is 6.35 million, so 5.93% of the outstanding shares have been sold short.
| Short Interest | 6.35M |
| Short Previous Month | 7.36M |
| Short % of Shares Out | 5.93% |
| Short % of Float | 6.37% |
| Short Ratio (days to cover) | 1.70 |
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 StatementBalance Sheet
The company has $1.27 billion in cash and $694.14 million in debt, giving a net cash position of $575.68 million or $5.38 per share.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 694.14M |
| Net Cash | 575.68M |
| Net Cash Per Share | $5.38 |
| Equity (Book Value) | 7.59B |
| Book Value Per Share | 70.93 |
| Working Capital | 2.04B |
Full Balance SheetCash 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 StatementMargins
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 | n/a |
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 | 6.39% |
| FCF Yield | -3.03% |
Dividend DetailsAnalyst Forecast
The average price target for First Solar is $279.00, which is 52.97% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $279.00 |
| Price Target Difference | 52.97% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 25 |
| Revenue Growth Forecast (5Y) | 16.03% |
| EPS Growth Forecast (5Y) | 29.47% |
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
First Solar has an Altman Z-Score of 4.67 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.67 |
| Piotroski F-Score | 5 |