FTC Solar Statistics
Total Valuation
FTC Solar has a market cap or net worth of $47.56 million. The enterprise value is $23.45 million.
| Market Cap | 47.56M |
| Enterprise Value | 23.45M |
Important Dates
The next estimated earnings date is Wednesday, May 8, 2024, before market open.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
FTC Solar has 125.01 million shares outstanding. The number of shares has increased by 13.94% in one year.
| Shares Outstanding | 125.01M |
| Shares Change (YoY) | +13.94% |
| Shares Change (QoQ) | +3.34% |
| Owned by Insiders (%) | 38.24% |
| Owned by Institutions (%) | 26.99% |
| Float | 72.74M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 19.46 |
| PS Ratio | 0.37 |
| Forward PS | 0.29 |
| PB Ratio | 0.76 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.18 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.99, with a Debt / Equity ratio of 0.02.
| Current Ratio | 1.99 |
| Quick Ratio | 1.66 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -199.11 |
Financial Efficiency
Return on equity (ROE) is -70.80% and return on invested capital (ROIC) is -79.84%.
| Return on Equity (ROE) | -70.80% |
| Return on Assets (ROA) | -37.50% |
| Return on Capital (ROIC) | -79.84% |
| Revenue Per Employee | $596,254 |
| Profits Per Employee | -$236,103 |
| Employee Count | 213 |
| Asset Turnover | 0.95 |
| Inventory Turnover | 12.59 |
Taxes
| Income Tax | -338,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -85.37% in the last 52 weeks. The beta is 1.62, so FTC Solar's price volatility has been higher than the market average.
| Beta (1Y) | 1.62 |
| 52-Week Price Change | -85.37% |
| 50-Day Moving Average | 0.51 |
| 200-Day Moving Average | 1.23 |
| Relative Strength Index (RSI) | 34.71 |
| Average Volume (30 Days) | 736,480 |
Short Selling Information
The latest short interest is 8.64 million, so 6.91% of the outstanding shares have been sold short.
| Short Interest | 8.64M |
| Short Previous Month | 8.51M |
| Short % of Shares Out | 6.91% |
| Short % of Float | 11.87% |
| Short Ratio (days to cover) | 8.48 |
Income Statement
In the last 12 months, FTC Solar had revenue of $127.00 million and -$50.29 million in losses. Loss per share was -$0.44.
| Revenue | 127.00M |
| Gross Profit | 8.31M |
| Operating Income | -50.78M |
| Pretax Income | -50.63M |
| Net Income | -50.29M |
| EBITDA | -49.00M |
| EBIT | -50.38M |
| Loss Per Share | -$0.44 |
Balance Sheet
The company has $25.24 million in cash and $1.12 million in debt, giving a net cash position of $24.11 million or $0.19 per share.
| Cash & Cash Equivalents | 25.24M |
| Total Debt | 1.12M |
| Net Cash | 24.11M |
| Net Cash Per Share | $0.19 |
| Equity / Book Value | 62.47M |
| Book Value Per Share | 0.50 |
| Working Capital | 53.84M |
Cash Flow
In the last 12 months, operating cash flow was -$52.66 million and capital expenditures -$816,000, giving a free cash flow of -$53.47 million.
| Operating Cash Flow | -52.66M |
| Capital Expenditures | -816,000 |
| Free Cash Flow | -53.47M |
| FCF Per Share | -$0.46 |
Margins
Gross margin is 6.54%, with operating and profit margins of -39.98% and -39.60%.
| Gross Margin | 6.54% |
| Operating Margin | -39.98% |
| Pretax Margin | -39.86% |
| Profit Margin | -39.60% |
| EBITDA Margin | -38.58% |
| EBIT Margin | -39.66% |
| FCF Margin | -42.10% |
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 | -13.94% |
| Shareholder Yield | -13.94% |
| Earnings Yield | -105.73% |
| FCF Yield | -112.42% |
Analyst Forecast
The average price target for FTC Solar is $1.29, which is 239.03% higher than the current price. The consensus rating is "Buy".
| Price Target | $1.29 |
| Price Target Difference | 239.03% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 42.09% |
| 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 -2.73 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -2.73 |
| Piotroski F-Score | 3 |