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FSLR First Solar Inc

Price (delayed)

$166.34

Market cap

$17.84B

P/E Ratio

14.08

Dividend/share

N/A

EPS

$11.81

Enterprise value

$17.53B

First Solar, Inc. is an American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services that include finance, construction, maintenance and end-of-life panel recycling. ...

Highlights
The P/E is 79% below the 5-year quarterly average of 66.4 and 16% below the last 4 quarters average of 16.7
FSLR's gross profit is up by 21% YoY
The company's net income rose by 23% YoY but it fell by 2.1% QoQ
The company's EPS rose by 23% YoY but it fell by 2.2% QoQ
FSLR's quick ratio is down by 30% YoY and by 29% QoQ

Key stats

What are the main financial stats of FSLR
Market
Shares outstanding
107.24M
Market cap
$17.84B
Enterprise value
$17.53B
Valuations
Price to earnings (P/E)
14.08
Price to book (P/B)
2.18
Price to sales (P/S)
4.19
EV/EBIT
12.46
EV/EBITDA
9.39
EV/Sales
4.12
Earnings
Revenue
$4.26B
Gross profit
$1.86B
Operating income
$1.37B
Net income
$1.26B
EBIT
$1.41B
EBITDA
$1.87B
Free cash flow
-$976.29M
Per share
EPS
$11.81
EPS diluted
$11.77
Free cash flow per share
-$9.11
Book value per share
$76.47
Revenue per share
$39.74
TBVPS
$112.34
Balance sheet
Total assets
$12.12B
Total liabilities
$3.93B
Debt
$525.14M
Equity
$8.19B
Working capital
$2.2B
Liquidity
Debt to equity
0.06
Current ratio
1.93
Quick ratio
1.05
Net debt/EBITDA
-0.17
Margins
EBITDA margin
43.8%
Gross margin
43.6%
Net margin
29.7%
Operating margin
32.2%
Efficiency
Return on assets
10.8%
Return on equity
16.3%
Return on invested capital
15.9%
Return on capital employed
14.4%
Return on sales
33.1%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

FSLR stock price

How has the First Solar stock price performed over time
Intraday
0.52%
1 week
-2.45%
1 month
3.86%
1 year
-26.15%
YTD
-5.62%
QTD
0.48%

Financial performance

How have First Solar's revenue and profit performed over time
Revenue
$4.26B
Gross profit
$1.86B
Operating income
$1.37B
Net income
$1.26B
Gross margin
43.6%
Net margin
29.7%

FSLR financials

The operating income has increased by 28% year-on-year
The company's net income rose by 23% YoY but it fell by 2.1% QoQ
FSLR's gross profit is up by 21% YoY
The revenue has increased by 19% year-on-year

Price vs fundamentals

How does FSLR's price correlate with its fundamentals

FSLR Price vs fundamentals

FSLR Earnings waterfall

FSLR Price vs fair value

Growth

What is First Solar's growth rate over time

FSLR growth chart

Valuation

What is First Solar stock price valuation
P/E
14.08
P/B
2.18
P/S
4.19
EV/EBIT
12.46
EV/EBITDA
9.39
EV/Sales
4.12

Valuation vs average

Price to earnings (P/E)

The P/E is 79% below the 5-year quarterly average of 66.4 and 16% below the last 4 quarters average of 16.7
The company's EPS rose by 23% YoY but it fell by 2.2% QoQ

Price to book (P/B)

FSLR's P/B is 20% below its last 4 quarters average of 2.7 and 6% below its 5-year quarterly average of 2.3
First Solar's equity has increased by 19% YoY and by 2.6% QoQ

Price to sales (P/S)

FSLR's price to sales (P/S) is 22% less than its last 4 quarters average of 5.3 and 11% less than its 5-year quarterly average of 4.7
The revenue has increased by 19% year-on-year

Efficiency

How efficient is First Solar business performance
FSLR's ROIC is down by 6% from the previous quarter but it is up by 6% YoY
The ROE has contracted by 6% from the previous quarter but it has grown by 3.2% YoY
First Solar's ROA has decreased by 5% from the previous quarter but it has increased by 4.9% YoY
The company's return on sales rose by 4.1% YoY but it fell by 3.8% QoQ

Dividends

What is FSLR's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for FSLR.

Financial health

How did First Solar financials performed over time

Assets vs liabilities

FSLR's quick ratio is down by 30% YoY and by 29% QoQ
The current ratio has declined by 21% since the previous quarter and by 20% year-on-year

Debt vs equity

First Solar's debt is 94% less than its equity
First Solar's debt to equity has decreased by 33% YoY and by 25% from the previous quarter
First Solar's equity has increased by 19% YoY and by 2.6% QoQ

Balance sheet

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.