FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - BIT:1FSLR - US3364331070 - Common Stock
207.75 EUR
+7.65 (+3.82%)
1FSLR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 58 industry peers in the Semiconductors & Semiconductor Equipment industry. 1FSLR has only an average score on both its financial health and profitability. 1FSLR is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
1FSLR had positive earnings in the past year.
In the past year 1FSLR had a positive cash flow from operations.
1FSLR had positive earnings in 4 of the past 5 years.
Each year in the past 5 years 1FSLR had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 9.78%, 1FSLR perfoms like the industry average, outperforming 52.54% of the companies in the same industry.
The Return On Equity of 1FSLR (14.71%) is comparable to the rest of the industry.
1FSLR has a Return On Invested Capital of 9.82%. This is comparable to the rest of the industry: 1FSLR outperforms 52.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.78% | ||
| ROE | 14.71% | ||
| ROIC | 9.82% |
ROA(3y)6.05%
ROA(5y)6.01%
ROE(3y)9.29%
ROE(5y)8.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
1FSLR has a Profit Margin of 28.95%. This is amongst the best in the industry. 1FSLR outperforms 81.36% of its industry peers.
In the last couple of years the Profit Margin of 1FSLR has grown nicely.
With a decent Operating Margin value of 31.35%, 1FSLR is doing good in the industry, outperforming 79.66% of the companies in the same industry.
1FSLR's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.76%, 1FSLR perfoms like the industry average, outperforming 44.07% of the companies in the same industry.
1FSLR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.35% | ||
| PM (TTM) | 28.95% | ||
| GM | 42.76% |
OM growth 3Y30.14%
OM growth 5Y38.22%
PM growth 3Y24.2%
PM growth 5YN/A
GM growth 3Y20.94%
GM growth 5Y19.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1FSLR is destroying value.
1FSLR has about the same amout of shares outstanding than it did 1 year ago.
1FSLR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1FSLR has an improved debt to assets ratio.
2.2 Solvency
1FSLR has an Altman-Z score of 5.16. This indicates that 1FSLR is financially healthy and has little risk of bankruptcy at the moment.
1FSLR has a Altman-Z score (5.16) which is in line with its industry peers.
1FSLR has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
1FSLR has a better Debt to Equity ratio (0.09) than 72.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.16 |
ROIC/WACC0.85
WACC11.53%
2.3 Liquidity
A Current Ratio of 1.90 indicates that 1FSLR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.90, 1FSLR is not doing good in the industry: 64.41% of the companies in the same industry are doing better.
1FSLR has a Quick Ratio of 1.41. This is a normal value and indicates that 1FSLR is financially healthy and should not expect problems in meeting its short term obligations.
1FSLR has a worse Quick ratio (1.41) than 67.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.30% over the past year.
1FSLR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 52.90% yearly.
1FSLR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.39%.
1FSLR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.55% yearly.
EPS 1Y (TTM)8.3%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%-2.15%
Revenue 1Y (TTM)15.39%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%8.58%
3.2 Future
Based on estimates for the next years, 1FSLR will show a very strong growth in Earnings Per Share. The EPS will grow by 22.03% on average per year.
The Revenue is expected to grow by 12.57% on average over the next years. This is quite good.
EPS Next Y24.68%
EPS Next 2Y36.83%
EPS Next 3Y31.89%
EPS Next 5Y22.03%
Revenue Next Year25.86%
Revenue Next 2Y21.82%
Revenue Next 3Y18.79%
Revenue Next 5Y12.57%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.88, 1FSLR is valued on the expensive side.
Based on the Price/Earnings ratio, 1FSLR is valued a bit cheaper than the industry average as 77.97% of the companies are valued more expensively.
1FSLR is valuated rather cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.35, which indicates a very decent valuation of 1FSLR.
Based on the Price/Forward Earnings ratio, 1FSLR is valued cheaper than 94.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 1FSLR to the average of the S&P500 Index (22.55), we can say 1FSLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.88 | ||
| Fwd PE | 10.35 |
4.2 Price Multiples
1FSLR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.69 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
1FSLR has a very decent profitability rating, which may justify a higher PE ratio.
1FSLR's earnings are expected to grow with 31.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)0.38
EPS Next 2Y36.83%
EPS Next 3Y31.89%
5. Dividend
5.1 Amount
No dividends for 1FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1FSLR (10/16/2025, 7:00:00 PM)
207.75
+7.65 (+3.82%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners106.4%
Inst Owner ChangeN/A
Ins Owners5.34%
Ins Owner ChangeN/A
Market Cap22.28B
Revenue(TTM)4.34B
Net Income(TTM)1.26B
Analysts82.17
Price Target191.49 (-7.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.93%
Min EPS beat(2)-23.4%
Max EPS beat(2)17.54%
EPS beat(4)2
Avg EPS beat(4)-6.25%
Min EPS beat(4)-23.86%
Max EPS beat(4)17.54%
EPS beat(8)6
Avg EPS beat(8)2.86%
EPS beat(12)8
Avg EPS beat(12)1.19%
EPS beat(16)10
Avg EPS beat(16)-22.2%
Revenue beat(2)1
Avg Revenue beat(2)1.53%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)4.39%
Revenue beat(4)2
Avg Revenue beat(4)-3.69%
Min Revenue beat(4)-19.01%
Max Revenue beat(4)4.39%
Revenue beat(8)4
Avg Revenue beat(8)-3.08%
Revenue beat(12)5
Avg Revenue beat(12)-4.82%
Revenue beat(16)6
Avg Revenue beat(16)-7.24%
PT rev (1m)0.05%
PT rev (3m)15.43%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-3.8%
EPS NY rev (1m)-0.5%
EPS NY rev (3m)1.51%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)10.44%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)4.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.88 | ||
| Fwd PE | 10.35 | ||
| P/S | 5.96 | ||
| P/FCF | N/A | ||
| P/OCF | 86.57 | ||
| P/B | 3.03 | ||
| P/tB | 3.06 | ||
| EV/EBITDA | 13.69 |
EPS(TTM)10.45
EY5.03%
EPS(NY)20.07
Fwd EY9.66%
FCF(TTM)-7.57
FCFYN/A
OCF(TTM)2.4
OCFY1.16%
SpS34.88
BVpS68.62
TBVpS67.96
PEG (NY)0.81
PEG (5Y)0.38
Graham Number127.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.78% | ||
| ROE | 14.71% | ||
| ROCE | 13.61% | ||
| ROIC | 9.82% | ||
| ROICexc | 11.04% | ||
| ROICexgc | 11.14% | ||
| OM | 31.35% | ||
| PM (TTM) | 28.95% | ||
| GM | 42.76% | ||
| FCFM | N/A |
ROA(3y)6.05%
ROA(5y)6.01%
ROE(3y)9.29%
ROE(5y)8.59%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y23.05%
ROICexgc growth 5Y27.37%
ROICexc growth 3Y23.15%
ROICexc growth 5Y27.62%
OM growth 3Y30.14%
OM growth 5Y38.22%
PM growth 3Y24.2%
PM growth 5YN/A
GM growth 3Y20.94%
GM growth 5Y19.76%
F-Score3
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 255.41% | ||
| Cap/Sales | 28.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 16.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 5.16 |
F-Score3
WACC11.53%
ROIC/WACC0.85
Cap/Depr(3y)381.88%
Cap/Depr(5y)306.48%
Cap/Sales(3y)37.52%
Cap/Sales(5y)29.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.3%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%-2.15%
EPS Next Y24.68%
EPS Next 2Y36.83%
EPS Next 3Y31.89%
EPS Next 5Y22.03%
Revenue 1Y (TTM)15.39%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%8.58%
Revenue Next Year25.86%
Revenue Next 2Y21.82%
Revenue Next 3Y18.79%
Revenue Next 5Y12.57%
EBIT growth 1Y6.46%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year50.42%
EBIT Next 3Y37.57%
EBIT Next 5Y25.4%
FCF growth 1Y-87.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.64%
OCF growth 3Y72.43%
OCF growth 5Y47.54%
FIRST SOLAR INC / 1FSLR.MI FAQ
Can you provide the ChartMill fundamental rating for FIRST SOLAR INC?
ChartMill assigns a fundamental rating of 5 / 10 to 1FSLR.MI.
What is the valuation status of FIRST SOLAR INC (1FSLR.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST SOLAR INC (1FSLR.MI). This can be considered as Fairly Valued.
What is the profitability of 1FSLR stock?
FIRST SOLAR INC (1FSLR.MI) has a profitability rating of 6 / 10.
What is the valuation of FIRST SOLAR INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST SOLAR INC (1FSLR.MI) is 19.88 and the Price/Book (PB) ratio is 3.03.
What is the expected EPS growth for FIRST SOLAR INC (1FSLR.MI) stock?
The Earnings per Share (EPS) of FIRST SOLAR INC (1FSLR.MI) is expected to grow by 24.68% in the next year.