First Solar, Inc. (FSLR)
Total Valuation
First Solar has a market cap or net worth of $18.11 billion. The enterprise value is $16.57 billion.
Market Cap | 18.11B |
Enterprise Value | 16.57B |
Important Dates
The last earnings date was Tuesday, February 28, 2023, after market close.
Earnings Date | Feb 28, 2023 |
Ex-Dividend Date | n/a |
Share Statistics
First Solar has 106.85 million shares outstanding. The number of shares has increased by 0.77% in one year.
Shares Outstanding | 106.85M |
Shares Change (YoY) | +0.77% |
Shares Change (QoQ) | +0.01% |
Owned by Insiders (%) | 5.73% |
Owned by Institutions (%) | 92.12% |
Float | 100.59M |
Valuation Ratios
The trailing PE ratio is 21.81 and the forward PE ratio is 12.22. First Solar's PEG ratio is 0.37.
PE Ratio | 21.81 |
Forward PE | 12.22 |
PS Ratio | 5.46 |
Forward PS | 3.94 |
PB Ratio | 2.71 |
P/FCF Ratio | n/a |
PEG Ratio | 0.37 |
Enterprise Valuation
EV / Earnings | 19.95 |
EV / Sales | 4.99 |
EV / EBITDA | 13.67 |
EV / EBIT | 18.33 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.55, with a Debt / Equity ratio of 0.08.
Current Ratio | 3.55 |
Quick Ratio | 2.12 |
Debt / Equity | 0.08 |
Debt / EBITDA | 0.46 |
Debt / FCF | n/a |
Interest Coverage | 69.75 |
Financial Efficiency
Return on equity (ROE) is 13.30% and return on invested capital (ROIC) is 10.94%.
Return on Equity (ROE) | 13.30% |
Return on Assets (ROA) | 8.90% |
Return on Capital (ROIC) | 10.94% |
Revenue Per Employee | $495,314 |
Profits Per Employee | $123,997 |
Employee Count | 6,700 |
Asset Turnover | 0.35 |
Inventory Turnover | 2.05 |
Taxes
In the past 12 months, First Solar has paid $60.51 million in taxes.
Income Tax | 60.51M |
Effective Tax Rate | 6.79% |
Stock Price Statistics
The stock price has decreased by -19.62% in the last 52 weeks. The beta is 1.41, so First Solar's price volatility has been higher than the market average.
Beta (1Y) | 1.41 |
52-Week Price Change | -19.62% |
50-Day Moving Average | 151.85 |
200-Day Moving Average | 166.00 |
Relative Strength Index (RSI) | 66.61 |
Average Volume (30 Days) | 2,066,498 |
Short Selling Information
The latest short interest is 4.78 million, so 4.48% of the outstanding shares have been sold short.
Short Interest | 4.78M |
Short Previous Month | 5.86M |
Short % of Shares Out | 4.48% |
Short % of Float | 4.76% |
Short Ratio (days to cover) | 1.96 |
Income Statement
In the last 12 months, First Solar had revenue of $3.32 billion and earned $830.78 million in profits. Earnings per share was $7.74.
Revenue | 3.32B |
Gross Profit | 1.30B |
Operating Income | 850.38M |
Pretax Income | 891.29M |
Net Income | 830.78M |
EBITDA | 1.21B |
EBIT | 904.26M |
Earnings Per Share (EPS) | $7.74 |
Balance Sheet
The company has $2.10 billion in cash and $560.31 million in debt, giving a net cash position of $1.54 billion or $14.43 per share.
Cash & Cash Equivalents | 2.10B |
Total Debt | 560.31M |
Net Cash | 1.54B |
Net Cash Per Share | $14.43 |
Equity / Book Value | 6.69B |
Book Value Per Share | 62.59 |
Working Capital | 3.33B |
Cash Flow
In the last 12 months, operating cash flow was $602.26 million and capital expenditures -$1.39 billion, giving a free cash flow of -$784.52 million.
Operating Cash Flow | 602.26M |
Capital Expenditures | -1.39B |
Free Cash Flow | -784.52M |
FCF Per Share | -$7.35 |
Margins
Gross margin is 39.19%, with operating and profit margins of 25.62% and 25.03%.
Gross Margin | 39.19% |
Operating Margin | 25.62% |
Pretax Margin | 26.86% |
Profit Margin | 25.03% |
EBITDA Margin | 36.53% |
EBIT Margin | 27.25% |
FCF Margin | -23.64% |
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 | -0.77% |
Shareholder Yield | -0.77% |
Earnings Yield | 4.59% |
FCF Yield | -4.33% |
Analyst Forecast
The average price target for First Solar is $230.26, which is 36.41% higher than the current price. The consensus rating is "Buy".
Price Target | $230.26 |
Price Target Difference | 36.41% |
Analyst Consensus | Buy |
Analyst Count | 24 |
Revenue Growth Forecast (5Y) | 18.19% |
EPS Growth Forecast (5Y) | 38.26% |
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
First Solar has an Altman Z-Score of 4.48 and a Piotroski F-Score of 5.
Altman Z-Score | 4.48 |
Piotroski F-Score | 5 |