FTC Solar Statistics
Total Valuation
FTC Solar has a market cap or net worth of $37.79 million. The enterprise value is $22.79 million.
Market Cap | 37.79M |
Enterprise Value | 22.79M |
Important Dates
The next estimated earnings date is Wednesday, August 7, 2024, before market open.
Earnings Date | Aug 7, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
FTC Solar has 125.98 million shares outstanding. The number of shares has increased by 17.58% in one year.
Shares Outstanding | 125.98M |
Shares Change (YoY) | +17.58% |
Shares Change (QoQ) | +1.43% |
Owned by Insiders (%) | 37.31% |
Owned by Institutions (%) | 21.05% |
Float | 74.24M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 0.38 |
Forward PS | 0.23 |
PB Ratio | 0.69 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 0.23 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.02.
Current Ratio | 1.84 |
Quick Ratio | 1.51 |
Debt / Equity | 0.02 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -143.35 |
Financial Efficiency
Return on equity (ROE) is -69.80% and return on invested capital (ROIC) is -90.71%.
Return on Equity (ROE) | -69.80% |
Return on Assets (ROA) | -37.00% |
Return on Capital (ROIC) | -90.71% |
Revenue Per Employee | $463,357 |
Profits Per Employee | -$222,061 |
Employee Count | 213 |
Asset Turnover | 0.77 |
Inventory Turnover | 15.18 |
Taxes
Income Tax | -480,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -90.83% in the last 52 weeks. The beta is 1.68, so FTC Solar's price volatility has been higher than the market average.
Beta (5Y) | 1.68 |
52-Week Price Change | -90.83% |
50-Day Moving Average | 0.46 |
200-Day Moving Average | 0.68 |
Relative Strength Index (RSI) | 30.79 |
Average Volume (20 Days) | 938,174 |
Short Selling Information
The latest short interest is 8.84 million, so 7.01% of the outstanding shares have been sold short.
Short Interest | 8.84M |
Short Previous Month | 8.40M |
Short % of Shares Out | 7.01% |
Short % of Float | 11.90% |
Short Ratio (days to cover) | 20.29 |
Income Statement
In the last 12 months, FTC Solar had revenue of $98.70 million and -$47.30 million in losses. Loss per share was -$0.39.
Revenue | 98.70M |
Gross Profit | 4.16M |
Operating Income | -50.88M |
Pretax Income | -47.78M |
Net Income | -47.30M |
EBITDA | -46.00M |
EBIT | -47.45M |
Loss Per Share | -$0.39 |
Balance Sheet
The company has $15.94 million in cash and $934,000 in debt, giving a net cash position of $15.00 million or $0.12 per share.
Cash & Cash Equivalents | 15.94M |
Total Debt | 934,000 |
Net Cash | 15.00M |
Net Cash Per Share | $0.12 |
Equity (Book Value) | 55.16M |
Book Value Per Share | 0.44 |
Working Capital | 45.70M |
Cash Flow
In the last 12 months, operating cash flow was -$56.20 million and capital expenditures -$1.22 million, giving a free cash flow of -$57.42 million.
Operating Cash Flow | -56.20M |
Capital Expenditures | -1.22M |
Free Cash Flow | -57.42M |
FCF Per Share | -$0.46 |
Margins
Gross margin is 4.22%, with operating and profit margins of -51.55% and -47.92%.
Gross Margin | 4.22% |
Operating Margin | -51.55% |
Pretax Margin | -48.41% |
Profit Margin | -47.92% |
EBITDA Margin | -46.61% |
EBIT Margin | -48.08% |
FCF Margin | -58.18% |
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 | -17.58% |
Shareholder Yield | -17.58% |
Earnings Yield | -125.15% |
FCF Yield | -151.92% |
Analyst Forecast
The average price target for FTC Solar is $1.29, which is 330.00% higher than the current price. The consensus rating is "Buy".
Price Target | $1.29 |
Price Target Difference | 330.00% |
Analyst Consensus | Buy |
Analyst Count | 5 |
Revenue Growth Forecast (5Y) | 33.90% |
EPS Growth Forecast (5Y) | n/a |
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
FTC Solar has an Altman Z-Score of -3.4 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -3.4 |
Piotroski F-Score | 3 |