FSLR:NSD-First Solar, Inc (USD)

COMMON STOCK | Solar | NSD

Last Closing Price

USD 74.39

Change

+0.57 (+0.77)%

Market Cap

USD 7.85B

Volume

2.42M

Average Target Price

USD 87.95 (+18.23%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. It operates in two segments, Modules and Systems. The Modules segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity to integrators and operators of PV solar power systems. The Systems segment provides power plant solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ENPH Enphase Energy, Inc

-0.95 (-0.74%)

USD16.98B 185.98 174.26
SEDG SolarEdge Technologies, Inc

+0.66 (+0.30%)

USD11.36B 87.96 64.45
RUN Sunrun Inc

-1.56 (-3.59%)

USD8.84B 894.00 699.27
SPWR SunPower Corporation

+0.28 (+1.22%)

USD3.96B 9.27 6.44
ARRY Array Technologies, Inc

-0.66 (-2.58%)

USD3.24B 52.55 31.50
CSIQ Canadian Solar Inc

-0.19 (-0.48%)

USD2.33B 16.36 9.87
BEEM Beam Global

-0.61 (-1.94%)

USD0.31B N/A N/A
SUNW Sunworks, Inc

-0.35 (-3.47%)

USD0.27B N/A N/A
SPI SPI Energy Co., Ltd

-0.16 (-2.47%)

USD0.15B N/A 102.03
VVPR VivoPower International PLC

-0.34 (-4.76%)

USD0.12B 8.30 779.31

ETFs Containing FSLR

Symbol Name Weight Mer Price(Change) Market Cap
FXN First Trust Energy AlphaD.. 0.00 % 0.64 %

+0.28 (+2.75%)

USD0.30B
GEX VanEck Vectors Global Alt.. 0.00 % 0.63 %

N/A

USD0.09B
ICLN iShares Global Clean Ener.. 0.00 % 0.46 %

-0.03 (-0.14%)

USD5.53B
PBW Invesco WilderHill Clean .. 0.00 % 0.70 %

-1.17 (-1.41%)

USD2.49B
TAN Invesco Solar ETF 0.00 % 0.69 %

-0.98 (-1.27%)

USD3.40B
PVAL Principal Contrarian Valu.. 0.00 % 0.29 %

N/A

USD3.40M
DNRG:LSE iShares Global Clean Ener.. 0.00 % 0.65 %

N/A

USD0.33B
IQQH:F iShares Global Clean Ener.. 0.00 % 0.65 %

+0.18 (+1.70%)

USD5.72B
IQQH:XETRA iShares Global Clean Ener.. 0.00 % 0.65 %

+0.17 (+1.64%)

USD5.18B

Market Performance

  Market Performance vs.
Industry/Classification (Solar)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -24.80% 64% D 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -24.80% 64% D 11% F
Trailing 12 Months  
Capital Gain 72.52% 20% F 62% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 72.52% 20% F 61% D-
Trailing 5 Years  
Capital Gain 43.61% 22% F 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 43.61% 22% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 28.10% 20% F 76% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 28.10% 20% F 76% C
Risk Return Profile  
Volatility (Standard Deviation) 51.33% 100% A+ 34% F
Risk Adjusted Return 54.75% 50% F 74% C
Market Capitalization 7.85B 73% C 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Solar)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.25 75% C 58% F
Price/Book Ratio 1.43 100% A+ 75% C
Price / Cash Flow Ratio 211.42 9% F 3% F
EV/EBITDA 12.07 78% C+ 66% D
Management Effectiveness  
Return on Equity 9.52% 70% C- 72% C-
Return on Invested Capital 7.47% 73% C 75% C
Return on Assets 4.10% 82% B- 79% C+
Debt to Equity Ratio 4.31% 80% B- 81% B-
Technical Ratios  
Short Ratio 4.45 18% F 29% F
Short Percent 9.49% 55% F 23% F
Beta 1.38 64% D 36% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector