27.13 USD
+2.64 (+10.78%)
27.2125 USD
+0.08 (+0.3%)
Taking everything into account, CSIQ scores 2 out of 10 in our fundamental rating. CSIQ was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of CSIQ have multiple concerns. While showing a medium growth rate, CSIQ is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CSIQ has reported negative net income.
In the past year CSIQ has reported a negative cash flow from operations.
In the past 5 years CSIQ has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: CSIQ reported negative operating cash flow in multiple years.
1.2 Ratios
CSIQ has a Return On Assets of 0.11%. This is comparable to the rest of the industry: CSIQ outperforms 50.44% of its industry peers.
CSIQ's Return On Equity of 0.56% is in line compared to the rest of the industry. CSIQ outperforms 50.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.11% | ||
| ROE | 0.56% | ||
| ROIC | N/A |
ROA(3y)1.74%
ROA(5y)1.75%
ROE(3y)8.12%
ROE(5y)7.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.27%, CSIQ is in line with its industry, outperforming 50.44% of the companies in the same industry.
In the last couple of years the Profit Margin of CSIQ has declined.
The Gross Margin of CSIQ (18.97%) is worse than 81.42% of its industry peers.
CSIQ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.27% | ||
| GM | 18.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.67%
PM growth 5Y-35.43%
GM growth 3Y-1.09%
GM growth 5Y-5.77%
2. Health
2.1 Basic Checks
CSIQ does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CSIQ has been increased compared to 1 year ago.
The number of shares outstanding for CSIQ has been increased compared to 5 years ago.
CSIQ has a worse debt/assets ratio than last year.
2.2 Solvency
CSIQ has an Altman-Z score of 0.64. This is a bad value and indicates that CSIQ is not financially healthy and even has some risk of bankruptcy.
CSIQ has a Altman-Z score of 0.64. This is in the lower half of the industry: CSIQ underperforms 73.45% of its industry peers.
CSIQ has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CSIQ (1.60) is worse than 91.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACCN/A
WACC5.46%
2.3 Liquidity
A Current Ratio of 1.07 indicates that CSIQ should not have too much problems paying its short term obligations.
CSIQ has a worse Current ratio (1.07) than 90.27% of its industry peers.
CSIQ has a Quick Ratio of 1.07. This is a bad value and indicates that CSIQ is not financially healthy enough and could expect problems in meeting its short term obligations.
CSIQ's Quick ratio of 0.86 is on the low side compared to the rest of the industry. CSIQ is outperformed by 89.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
CSIQ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27000.00%.
The earnings per share for CSIQ have been decreasing by -28.29% on average. This is quite bad
Looking at the last year, CSIQ shows a decrease in Revenue. The Revenue has decreased by -4.46% in the last year.
CSIQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.37% yearly.
EPS 1Y (TTM)-27000%
EPS 3Y-26.92%
EPS 5Y-28.29%
EPS Q2Q%66.67%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y4.33%
Revenue growth 5Y13.37%
Sales Q2Q%-1.34%
3.2 Future
CSIQ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.21% yearly.
Based on estimates for the next years, CSIQ will show a small growth in Revenue. The Revenue will grow by 7.23% on average per year.
EPS Next Y9.35%
EPS Next 2Y62.85%
EPS Next 3Y43.37%
EPS Next 5Y52.21%
Revenue Next Year-6.68%
Revenue Next 2Y10.13%
Revenue Next 3Y11.06%
Revenue Next 5Y7.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSIQ. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 28.90, which means the current valuation is very expensive for CSIQ.
Based on the Price/Forward Earnings ratio, CSIQ is valued a bit cheaper than the industry average as 67.26% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.01, CSIQ is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.9 |
4.2 Price Multiples
CSIQ's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CSIQ is cheaper than 86.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.53 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as CSIQ's earnings are expected to grow with 43.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.85%
EPS Next 3Y43.37%
5. Dividend
5.1 Amount
CSIQ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
27.13
+2.64 (+10.78%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners40.77%
Inst Owner Change0.09%
Ins Owners21.18%
Ins Owner ChangeN/A
Market Cap1.82B
Revenue(TTM)5.90B
Net Income(TTM)16.11M
Analysts50.59
Price Target21.53 (-20.64%)
Short Float %22.38%
Short Ratio1.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.47%
Min EPS beat(2)-104.86%
Max EPS beat(2)85.92%
EPS beat(4)2
Avg EPS beat(4)-350.99%
Min EPS beat(4)-1389.64%
Max EPS beat(4)85.92%
EPS beat(8)3
Avg EPS beat(8)-35.82%
EPS beat(12)6
Avg EPS beat(12)-13.19%
EPS beat(16)9
Avg EPS beat(16)13.65%
Revenue beat(2)1
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-14.75%
Max Revenue beat(2)6.7%
Revenue beat(4)2
Avg Revenue beat(4)-1.53%
Min Revenue beat(4)-14.75%
Max Revenue beat(4)7.03%
Revenue beat(8)4
Avg Revenue beat(8)-2.31%
Revenue beat(12)5
Avg Revenue beat(12)-3.16%
Revenue beat(16)6
Avg Revenue beat(16)-3.56%
PT rev (1m)31.78%
PT rev (3m)67.57%
EPS NQ rev (1m)-14.76%
EPS NQ rev (3m)-8.38%
EPS NY rev (1m)-33.68%
EPS NY rev (3m)-1263.41%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)-12.26%
Revenue NY rev (1m)-1.48%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.9 | ||
| P/S | 0.31 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.63 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 12.53 |
EPS(TTM)-2.69
EYN/A
EPS(NY)0.94
Fwd EY3.46%
FCF(TTM)-25.95
FCFYN/A
OCF(TTM)-1.81
OCFYN/A
SpS88.09
BVpS42.83
TBVpS42.35
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.11% | ||
| ROE | 0.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.27% | ||
| GM | 18.97% | ||
| FCFM | N/A |
ROA(3y)1.74%
ROA(5y)1.75%
ROE(3y)8.12%
ROE(5y)7.8%
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 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.67%
PM growth 5Y-35.43%
GM growth 3Y-1.09%
GM growth 5Y-5.77%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.55 | ||
| Cap/Depr | 322.43% | ||
| Cap/Sales | 27.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.64 |
F-Score5
WACC5.46%
ROIC/WACCN/A
Cap/Depr(3y)379.19%
Cap/Depr(5y)289.93%
Cap/Sales(3y)19.88%
Cap/Sales(5y)15.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27000%
EPS 3Y-26.92%
EPS 5Y-28.29%
EPS Q2Q%66.67%
EPS Next Y9.35%
EPS Next 2Y62.85%
EPS Next 3Y43.37%
EPS Next 5Y52.21%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y4.33%
Revenue growth 5Y13.37%
Sales Q2Q%-1.34%
Revenue Next Year-6.68%
Revenue Next 2Y10.13%
Revenue Next 3Y11.06%
Revenue Next 5Y7.23%
EBIT growth 1Y-120.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year432.83%
EBIT Next 3Y105.82%
EBIT Next 5Y64.05%
FCF growth 1Y-227.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-229.32%
OCF growth 3YN/A
OCF growth 5YN/A
CANADIAN SOLAR INC / CSIQ FAQ
Can you provide the ChartMill fundamental rating for CANADIAN SOLAR INC?
ChartMill assigns a fundamental rating of 2 / 10 to CSIQ.
What is the valuation status for CSIQ stock?
ChartMill assigns a valuation rating of 2 / 10 to CANADIAN SOLAR INC (CSIQ). This can be considered as Overvalued.
What is the profitability of CSIQ stock?
CANADIAN SOLAR INC (CSIQ) has a profitability rating of 2 / 10.
What is the expected EPS growth for CANADIAN SOLAR INC (CSIQ) stock?
The Earnings per Share (EPS) of CANADIAN SOLAR INC (CSIQ) is expected to grow by 9.35% in the next year.
Can you provide the dividend sustainability for CSIQ stock?
The dividend rating of CANADIAN SOLAR INC (CSIQ) is 0 / 10 and the dividend payout ratio is 0%.