242.11 USD
-1.62 (-0.66%)
242.1 USD
-0.01 (0%)
FSLR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While FSLR has a great profitability rating, there are some minor concerns on its financial health. FSLR is growing strongly while it also seems undervalued. This is an interesting combination With these ratings, FSLR could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
- FSLR had positive earnings in the past year.
- FSLR had a positive operating cash flow in the past year.
- FSLR had positive earnings in 4 of the past 5 years.
- In the past 5 years FSLR always reported a positive cash flow from operatings.
1.2 Ratios
- FSLR has a Return On Assets of 10.41%. This is in the better half of the industry: FSLR outperforms 79.65% of its industry peers.
- With a decent Return On Equity value of 15.53%, FSLR is doing good in the industry, outperforming 78.76% of the companies in the same industry.
- FSLR has a Return On Invested Capital of 11.26%. This is amongst the best in the industry. FSLR outperforms 84.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.41% | ||
| ROE | 15.53% | ||
| ROIC | 11.26% |
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
- With an excellent Profit Margin value of 27.73%, FSLR belongs to the best of the industry, outperforming 84.96% of the companies in the same industry.
- In the last couple of years the Profit Margin of FSLR has grown nicely.
- Looking at the Operating Margin, with a value of 29.81%, FSLR belongs to the top of the industry, outperforming 89.38% of the companies in the same industry.
- FSLR's Operating Margin has improved in the last couple of years.
- FSLR has a Gross Margin of 40.05%. This is comparable to the rest of the industry: FSLR outperforms 42.48% of its industry peers.
- In the last couple of years the Gross Margin of FSLR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.81% | ||
| PM (TTM) | 27.73% | ||
| GM | 40.05% |
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 just above the Cost of Capital (WACC), so FSLR is still creating some value.
- FSLR has about the same amout of shares outstanding than it did 1 year ago.
- FSLR has more shares outstanding than it did 5 years ago.
- FSLR has a better debt/assets ratio than last year.
2.2 Solvency
- FSLR has an Altman-Z score of 5.18. This indicates that FSLR is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of FSLR (5.18) is comparable to the rest of the industry.
- The Debt to FCF ratio of FSLR is 1.28, which is an excellent value as it means it would take FSLR, only 1.28 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of FSLR (1.28) is better than 72.57% of its industry peers.
- A Debt/Equity ratio of 0.06 indicates that FSLR is not too dependend on debt financing.
- The Debt to Equity ratio of FSLR (0.06) is better than 61.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 5.18 |
ROIC/WACC1.05
WACC10.77%
2.3 Liquidity
- FSLR has a Current Ratio of 1.91. This is a normal value and indicates that FSLR is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.91, FSLR is doing worse than 75.22% of the companies in the same industry.
- A Quick Ratio of 1.55 indicates that FSLR should not have too much problems paying its short term obligations.
- The Quick ratio of FSLR (1.55) is worse than 74.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
- FSLR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.05%, which is quite good.
- FSLR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 52.90% yearly.
- The Revenue has grown by 31.16% in the past year. This is a very strong growth!
- The Revenue has been growing slightly by 6.55% on average over the past years.
EPS 1Y (TTM)8.05%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%26.57%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
3.2 Future
- FSLR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.14% yearly.
- The Revenue is expected to grow by 13.30% on average over the next years. This is quite good.
EPS Next Y19.73%
EPS Next 2Y35.69%
EPS Next 3Y32.43%
EPS Next 5Y25.14%
Revenue Next Year21.88%
Revenue Next 2Y21.26%
Revenue Next 3Y18.79%
Revenue Next 5Y13.3%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 18.60, FSLR is valued on the expensive side.
- FSLR's Price/Earnings ratio is rather cheap when compared to the industry. FSLR is cheaper than 92.92% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.94, FSLR is valued a bit cheaper.
- Based on the Price/Forward Earnings ratio of 10.56, the valuation of FSLR can be described as reasonable.
- Based on the Price/Forward Earnings ratio, FSLR is valued cheaper than 98.23% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of FSLR to the average of the S&P500 Index (23.94), we can say FSLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.6 | ||
| Fwd PE | 10.56 |
4.2 Price Multiples
- 88.50% of the companies in the same industry are more expensive than FSLR, based on the Enterprise Value to EBITDA ratio.
- FSLR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FSLR is cheaper than 76.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.28 | ||
| EV/EBITDA | 12.21 |
4.3 Compensation for Growth
- FSLR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- FSLR has a very decent profitability rating, which may justify a higher PE ratio.
- FSLR's earnings are expected to grow with 32.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.94
PEG (5Y)0.35
EPS Next 2Y35.69%
EPS Next 3Y32.43%
5. Dividend
5.1 Amount
- No dividends for FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
242.11
-1.62 (-0.66%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-23 2026-02-23/amc
Inst Owners104.86%
Inst Owner Change0.42%
Ins Owners5.3%
Ins Owner Change-0.65%
Market Cap25.98B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts80.43
Price Target284.51 (17.51%)
Short Float %9.7%
Short Ratio4.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)7.64%
Min EPS beat(2)-2.26%
Max EPS beat(2)17.54%
EPS beat(4)1
Avg EPS beat(4)-8%
Min EPS beat(4)-23.86%
Max EPS beat(4)17.54%
EPS beat(8)5
Avg EPS beat(8)0.2%
EPS beat(12)8
Avg EPS beat(12)6.46%
EPS beat(16)10
Avg EPS beat(16)-20.46%
Revenue beat(2)2
Avg Revenue beat(2)2.29%
Min Revenue beat(2)0.18%
Max Revenue beat(2)4.39%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)4.39%
Revenue beat(8)5
Avg Revenue beat(8)-1.53%
Revenue beat(12)6
Avg Revenue beat(12)-3.33%
Revenue beat(16)7
Avg Revenue beat(16)-6.2%
PT rev (1m)4.06%
PT rev (3m)27.11%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)-10.39%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-4.65%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-12.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.6 | ||
| Fwd PE | 10.56 | ||
| P/S | 5.14 | ||
| P/FCF | 42.28 | ||
| P/OCF | 15.98 | ||
| P/B | 2.88 | ||
| P/tB | 2.91 | ||
| EV/EBITDA | 12.21 |
EPS(TTM)13.02
EY5.38%
EPS(NY)22.92
Fwd EY9.47%
FCF(TTM)5.73
FCFY2.37%
OCF(TTM)15.15
OCFY6.26%
SpS47.07
BVpS84.01
TBVpS83.25
PEG (NY)0.94
PEG (5Y)0.35
Graham Number156.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.41% | ||
| ROE | 15.53% | ||
| ROCE | 14.52% | ||
| ROIC | 11.26% | ||
| ROICexc | 13.96% | ||
| ROICexgc | 14.09% | ||
| OM | 29.81% | ||
| PM (TTM) | 27.73% | ||
| GM | 40.05% | ||
| FCFM | 12.17% |
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-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 197.21% | ||
| Cap/Sales | 20.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.56% | ||
| Profit Quality | 43.88% | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 5.18 |
F-Score5
WACC10.77%
ROIC/WACC1.05
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)8.05%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%26.57%
EPS Next Y19.73%
EPS Next 2Y35.69%
EPS Next 3Y32.43%
EPS Next 5Y25.14%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year21.88%
Revenue Next 2Y21.26%
Revenue Next 3Y18.79%
Revenue Next 5Y13.3%
EBIT growth 1Y13.37%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year43.76%
EBIT Next 3Y37.78%
EBIT Next 5Y26.95%
FCF growth 1Y215.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y94.43%
OCF growth 3Y72.43%
OCF growth 5Y47.54%
FIRST SOLAR INC / FSLR FAQ
Can you provide the ChartMill fundamental rating for FIRST SOLAR INC?
ChartMill assigns a fundamental rating of 6 / 10 to FSLR.
What is the valuation status for FSLR stock?
ChartMill assigns a valuation rating of 8 / 10 to FIRST SOLAR INC (FSLR). This can be considered as Undervalued.
Can you provide the profitability details for FIRST SOLAR INC?
FIRST SOLAR INC (FSLR) has a profitability rating of 7 / 10.
What is the financial health of FIRST SOLAR INC (FSLR) stock?
The financial health rating of FIRST SOLAR INC (FSLR) is 5 / 10.
What is the expected EPS growth for FIRST SOLAR INC (FSLR) stock?
The Earnings per Share (EPS) of FIRST SOLAR INC (FSLR) is expected to grow by 19.73% in the next year.