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.
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 |