27.09 USD
+2.07 (+8.27%)
27.3792 USD
+0.29 (+1.07%)
We assign a fundamental rating of 2 out of 10 to CSIQ. CSIQ was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. CSIQ may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, CSIQ is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CSIQ had negative earnings in the past year.
In the past year CSIQ has reported a negative cash flow from operations.
CSIQ had positive earnings in each of the past 5 years.
In multiple years CSIQ reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.11%, CSIQ is in line with its industry, outperforming 51.79% of the companies in the same industry.
Looking at the Return On Equity, with a value of 0.56%, CSIQ is in line with its industry, outperforming 51.79% of the companies in the same industry.
| 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 51.79% of the companies in the same industry.
CSIQ's Profit Margin has declined in the last couple of years.
CSIQ's Gross Margin of 18.97% is on the low side compared to the rest of the industry. CSIQ is outperformed by 82.14% of its industry peers.
In the last couple of years the Gross Margin of CSIQ has declined.
| 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.
Compared to 1 year ago, CSIQ has more shares outstanding
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
Based on the Altman-Z score of 0.64, we must say that CSIQ is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.64, CSIQ is doing worse than 73.21% of the companies in the same industry.
CSIQ has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
CSIQ has a Debt to Equity ratio of 1.60. This is amonst the worse of the industry: CSIQ underperforms 91.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACCN/A
WACC5.44%
2.3 Liquidity
CSIQ has a Current Ratio of 1.07. This is a normal value and indicates that CSIQ is financially healthy and should not expect problems in meeting its short term obligations.
CSIQ's Current ratio of 1.07 is on the low side compared to the rest of the industry. CSIQ is outperformed by 89.29% 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 has a worse Quick ratio (0.86) than 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for CSIQ have decreased strongly by -27000.00% in the last year.
The earnings per share for CSIQ have been decreasing by -28.29% on average. This is quite bad
The Revenue has decreased by -4.46% in the past 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
Based on estimates for the next years, CSIQ will show a very strong growth in Earnings Per Share. The EPS will grow by 52.21% on average per year.
CSIQ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.23% yearly.
EPS Next Y32.19%
EPS Next 2Y49.02%
EPS Next 3Y48.9%
EPS Next 5Y52.21%
Revenue Next Year-5.27%
Revenue Next 2Y8.64%
Revenue Next 3Y9.77%
Revenue Next 5Y7.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
CSIQ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 85.24, the valuation of CSIQ can be described as expensive.
Based on the Price/Forward Earnings ratio, CSIQ is valued a bit more expensive than 62.50% of the companies in the same industry.
CSIQ is valuated expensively when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 85.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSIQ is valued cheaper than 83.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CSIQ does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CSIQ's earnings are expected to grow with 48.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y49.02%
EPS Next 3Y48.9%
5. Dividend
5.1 Amount
No dividends for CSIQ!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.09
+2.07 (+8.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners40.48%
Inst Owner Change0.09%
Ins Owners21.18%
Ins Owner ChangeN/A
Market Cap1.81B
Revenue(TTM)5.90B
Net Income(TTM)16.11M
Analysts55.29
Price Target16.34 (-39.68%)
Short Float %22.9%
Short Ratio2.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)29.21%
PT rev (3m)18.69%
EPS NQ rev (1m)-227.92%
EPS NQ rev (3m)-44.67%
EPS NY rev (1m)-14.66%
EPS NY rev (3m)-970.26%
Revenue NQ rev (1m)-14.29%
Revenue NQ rev (3m)-18.48%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-8.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 85.24 | ||
| P/S | 0.31 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.63 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 12.6 |
EPS(TTM)-2.69
EYN/A
EPS(NY)0.32
Fwd EY1.17%
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
WACC5.44%
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 Y32.19%
EPS Next 2Y49.02%
EPS Next 3Y48.9%
EPS Next 5Y52.21%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y4.33%
Revenue growth 5Y13.37%
Sales Q2Q%-1.34%
Revenue Next Year-5.27%
Revenue Next 2Y8.64%
Revenue Next 3Y9.77%
Revenue Next 5Y7.23%
EBIT growth 1Y-120.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year412.66%
EBIT Next 3Y104.12%
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 32.19% 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%.