FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
5.51
-0.02 (-0.36%)
At close: Dec 31, 2024, 4:00 PM
5.22
-0.29 (-5.26%)
After-hours: Dec 31, 2024, 5:31 PM EST

FTC Solar Statistics

Total Valuation

FTC Solar has a market cap or net worth of $70.40 million. The enterprise value is $63.90 million.

Market Cap 70.40M
Enterprise Value 63.90M

Important Dates

The last earnings date was Tuesday, November 12, 2024, before market open.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

FTC Solar has 12.78 million shares outstanding. The number of shares has increased by 13.67% in one year.

Current Share Class 12.78M
Shares Outstanding 12.78M
Shares Change (YoY) +13.67%
Shares Change (QoQ) +0.96%
Owned by Insiders (%) 34.42%
Owned by Institutions (%) 7.85%
Float 7.20M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.21
Forward PS 0.79
PB Ratio 2.31
P/TBV Ratio 3.08
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.11
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.33, with a Debt / Equity ratio of 0.06.

Current Ratio 1.33
Quick Ratio 0.80
Debt / Equity 0.06
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -71.54

Financial Efficiency

Return on equity (ROE) is -88.93% and return on invested capital (ROIC) is -53.93%.

Return on Equity (ROE) -88.93%
Return on Assets (ROA) -25.62%
Return on Capital (ROIC) -53.93%
Revenue Per Employee $269,268
Profits Per Employee -$223,230
Employee Count 213
Asset Turnover 0.50
Inventory Turnover 6.59

Taxes

Income Tax -215,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -20.47% in the last 52 weeks. The beta is 1.57, so FTC Solar's price volatility has been higher than the market average.

Beta (5Y) 1.57
52-Week Price Change -20.47%
50-Day Moving Average 4.41
200-Day Moving Average 4.34
Relative Strength Index (RSI) 70.72
Average Volume (20 Days) 263,921

Short Selling Information

The latest short interest is 607,676, so 4.76% of the outstanding shares have been sold short.

Short Interest 607,676
Short Previous Month 6.03M
Short % of Shares Out 4.76%
Short % of Float 8.43%
Short Ratio (days to cover) 2.90

Income Statement

In the last 12 months, FTC Solar had revenue of $57.35 million and -$47.55 million in losses. Loss per share was -$3.82.

Revenue 57.35M
Gross Profit -7.81M
Operating Income -46.72M
Pretax Income -49.42M
Net Income -47.55M
EBITDA -45.78M
EBIT -46.72M
Loss Per Share -$3.82
Full Income Statement

Balance Sheet

The company has $8.26 million in cash and $1.76 million in debt, giving a net cash position of $6.50 million or $0.51 per share.

Cash & Cash Equivalents 8.26M
Total Debt 1.76M
Net Cash 6.50M
Net Cash Per Share $0.51
Equity (Book Value) 30.41M
Book Value Per Share 2.38
Working Capital 18.88M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$24.28 million and capital expenditures -$1.71 million, giving a free cash flow of -$25.99 million.

Operating Cash Flow -24.28M
Capital Expenditures -1.71M
Free Cash Flow -25.99M
FCF Per Share -$2.03
Full Cash Flow Statement

Margins

Gross margin is -13.62%, with operating and profit margins of -81.45% and -82.90%.

Gross Margin -13.62%
Operating Margin -81.45%
Pretax Margin -81.38%
Profit Margin -82.90%
EBITDA Margin -79.82%
EBIT Margin -81.45%
FCF Margin n/a

Dividends & Yields

FTC 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 -13.67%
Shareholder Yield -13.67%
Earnings Yield -67.54%
FCF Yield -36.92%

Analyst Forecast

The average price target for FTC Solar is $8.13, which is 47.55% higher than the current price. The consensus rating is "Buy".

Price Target $8.13
Price Target Difference 47.55%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 29.75%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 2, 2024. It was a reverse split with a ratio of 0.1:1.

Last Split Date Dec 2, 2024
Split Type Reverse
Split Ratio 0.1:1

Scores

FTC Solar has an Altman Z-Score of -5.24 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -5.24
Piotroski F-Score 1