FTC Solar Statistics
Total Valuation
FTC Solar has a market cap or net worth of $54.05 million. The enterprise value is $44.61 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 127.77 million shares outstanding. The number of shares has increased by 13.67% in one year.
| Current Share Class | 127.77M |
| Shares Outstanding | 127.77M |
| Shares Change (YoY) | +13.67% |
| Shares Change (QoQ) | +0.96% |
| Owned by Insiders (%) | 33.12% |
| Owned by Institutions (%) | 9.17% |
| Float | 73.71M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.88 |
| Forward PS | 0.21 |
| PB Ratio | 1.68 |
| P/TBV Ratio | 2.24 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.78 |
| 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 -22.65% in the last 52 weeks. The beta is 1.80, so FTC Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.80 |
| 52-Week Price Change | -22.65% |
| 50-Day Moving Average | 0.52 |
| 200-Day Moving Average | 0.46 |
| Relative Strength Index (RSI) | 35.87 |
| Average Volume (20 Days) | 1,323,292 |
Short Selling Information
The latest short interest is 5.93 million, so 4.64% of the outstanding shares have been sold short.
| Short Interest | 5.93M |
| Short Previous Month | 5.71M |
| Short % of Shares Out | 4.64% |
| Short % of Float | 8.04% |
| Short Ratio (days to cover) | 4.48 |
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 -$0.38.
| 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 | -$0.38 |
Full Income StatementBalance 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 $0.05 per share.
| Cash & Cash Equivalents | 8.26M |
| Total Debt | 1.76M |
| Net Cash | 6.50M |
| Net Cash Per Share | $0.05 |
| Equity (Book Value) | 30.41M |
| Book Value Per Share | 0.24 |
| Working Capital | 18.88M |
Full Balance SheetCash 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 | -$0.20 |
Full Cash Flow StatementMargins
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 | -50.45% |
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 | -93.04% |
| FCF Yield | -50.86% |
Analyst Forecast
The average price target for FTC Solar is $0.85, which is 100.95% higher than the current price. The consensus rating is "Buy".
| Price Target | $0.85 |
| Price Target Difference | 100.95% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 33.90% |
| EPS Growth Forecast (5Y) | n/a |
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
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 |