NASDAQ
FSLR
Last Price
US $223.69
KEY FIGURES
MKT CAP
$24.0B
EPS
TTM
$16.25
EPS Growth (1Y)
18.22%
PEG
TTM
0.45x
P/E
TTM
13.77x
P/S
TTM
4.47x
YIELD
-
GROWTH (5Y CAGR)
Revenue
14.00%
EBITDA
Cash Flow (DCF)
Fair Value
Market $223.69
—
Default assumptions
EBITDA Multiple
Fair Value
Market $223.69
-27.57%
Default assumptions
Valuation
Financial
Performance
Cash flow to debt coverage
First Solar, Inc. cash flow to debt ratio of 412.60% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Free cash flow growth
First Solar, Inc.'s free cash flow has increased -485.37% from $-308.08M last year to $1.19B, signaling increasing performance
Debt-to-equity ratio
First Solar, Inc.'s debt to equity ratio is 0.02, which means that the company's assets are healthy financed, signaling financial stability.
Debt-to-equity trend
First Solar, Inc.'s debt has decreased relative to shareholder equity from 0.09 last year to 0.02 today, signaling strengthened financials
Net debt to EBITDA
First Solar, Inc. has a net cash position, so leverage is healthy.
Interest coverage
First Solar, Inc. earns at least as much interest as it pays. Interest obligations are fully covered.
Profit margin growth
First Solar, Inc.'s profit margin has increased (5.69%) in the last year from 30.72% to 32.47%, signaling increasing performance
Current ratio
First Solar, Inc.'s short-term assets of $6.03B exceed its short-term liabilities of $2.25B
Return on assets
First Solar, Inc.'s return on assets of 13.04% is higher than the 5.00% threshold, indicating efficient asset utilization
Return on equity
First Solar, Inc.'s return on equity of 18.02%, is higher than 15.00%, indicating good performance
Earnings quality
First Solar, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Earnings stability
First Solar, Inc. had positive net income in 4 out of 5 years, indicating stable and consistent earnings
Positive free cash flow
First Solar, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Free cash flow yield
First Solar, Inc. has a free cash flow yield of 4.62%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Earnings growth
First Solar, Inc.'s yearly earnings has increased 18.28% since last year from $1.29B to $1.53B, signaling increasing performance
Revenue growth
First Solar, Inc.'s yearly revenue has increased 24.09% since last year from $4.21B to $5.22B, signaling increasing performance
Return on invested capital
ROIC 15.28% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
3-year revenue CAGR
First Solar, Inc.'s 3-year revenue CAGR of 25.84% is positive, indicating growing revenue over the past 3 years
Revenue consistency
First Solar, Inc. had revenue growth in 4 out of 5 years, indicating consistent revenue performance
Return on equity consistency
First Solar, Inc. had positive ROE in 4 out of 5 years, indicating consistent and reliable returns on equity
Cash Flow Valuation (DCF)
First Solar, Inc. has insufficient data to evaluate this check.
Earnings yield (TTM)
First Solar, Inc. has an earnings yield of 6.79%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
EBITDA Valuation
First Solar, Inc. is overvalued relative to its fair value price of 162.01 based on EBITDA multiple model
EV/EBITDA (FY)
First Solar, Inc. has an EV/EBITDA ratio of 10.85x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
PEG ratio (TTM/FY)
First Solar, Inc. has a PEG-ratio under 1 which is considered undervalued
Price-to-book ratio (FY)
First Solar, Inc. has a price-to-book ratio of 2.49x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Price-to-sales ratio (TTM)
First Solar, Inc. has a price-to-sales ratio of 4.78x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
18.02%
Return on equity
ROIC: 15.28%
Valuation History
13.8X
Price to Earnings
EV/EBITDA: 9.2X
Cash flow
Profit margin
31.39%
Cash flow
-
EARNINGS FV (GRAHAM)
Fair Value
Market $223.69
26.85%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.