218.73 USD
-15.63 (-6.67%)
At close: Feb 6, 2026
218.52 USD
-0.21 (-0.1%)
After Hours: 2/6/2026, 8:00:00 PM
Taking everything into account, FSLR scores 6 out of 10 in our fundamental rating. FSLR was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. FSLR scores excellent on profitability, but there are some minor concerns on its financial health. FSLR is evaluated to be cheap and growing strongly. This does not happen too often! These ratings would make FSLR suitable for value and growth investing!
1. Profitability
1.1 Basic Checks
- FSLR had positive earnings in the past year.
- In the past year FSLR had a positive cash flow from operations.
- Of the past 5 years FSLR 4 years were profitable.
- Each year in the past 5 years FSLR had a positive operating cash flow.
1.2 Ratios
- FSLR's Return On Assets of 10.41% is amongst the best of the industry. FSLR outperforms 80.53% of its industry peers.
- FSLR has a Return On Equity of 15.53%. This is in the better half of the industry: FSLR outperforms 78.76% of its industry peers.
- With an excellent Return On Invested Capital value of 11.26%, FSLR belongs to the best of the industry, outperforming 84.07% of the companies in the same industry.
| 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
- The Profit Margin of FSLR (27.73%) is better than 84.96% of its industry peers.
- In the last couple of years the Profit Margin of FSLR has grown nicely.
- The Operating Margin of FSLR (29.81%) is better than 89.38% of its industry peers.
- FSLR's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 40.05%, FSLR is in line with its industry, outperforming 42.48% of the companies in the same industry.
- 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
- FSLR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, FSLR has about the same amount of shares outstanding.
- FSLR has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for FSLR has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.82 indicates that FSLR is not in any danger for bankruptcy at the moment.
- FSLR has a Altman-Z score (4.82) which is in line with its industry peers.
- FSLR has a debt to FCF ratio of 1.28. This is a very positive value and a sign of high solvency as it would only need 1.28 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.28, FSLR is in the better half of the industry, outperforming 72.57% of the companies in the same industry.
- A Debt/Equity ratio of 0.06 indicates that FSLR is not too dependend on debt financing.
- FSLR has a better Debt to Equity ratio (0.06) than 61.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 4.82 |
ROIC/WACC1.02
WACC10.99%
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.
- FSLR's Current ratio of 1.91 is on the low side compared to the rest of the industry. FSLR is outperformed by 76.11% of its industry peers.
- FSLR has a Quick Ratio of 1.55. This is a normal value and indicates that FSLR is financially healthy and should not expect problems in meeting its short term obligations.
- FSLR has a Quick ratio of 1.55. This is in the lower half of the industry: FSLR underperforms 74.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.05% over the past year.
- Measured over the past years, FSLR shows a very strong growth in Earnings Per Share. The EPS has been growing by 52.90% on average per year.
- The Revenue has grown by 31.16% in the past year. This is a very strong growth!
- Measured over the past years, FSLR shows a small growth in Revenue. The Revenue has been growing by 6.55% on average per year.
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
- The Earnings Per Share is expected to grow by 25.14% on average over the next years. This is a very strong growth
- Based on estimates for the next years, FSLR will show a quite strong growth in Revenue. The Revenue will grow by 13.30% on average per year.
EPS Next Y19.76%
EPS Next 2Y35.65%
EPS Next 3Y32.21%
EPS Next 5Y25.14%
Revenue Next Year21.81%
Revenue Next 2Y20.97%
Revenue Next 3Y18.73%
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
- The Price/Earnings ratio is 16.80, which indicates a correct valuation of FSLR.
- Based on the Price/Earnings ratio, FSLR is valued cheaply inside the industry as 93.81% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of FSLR to the average of the S&P500 Index (27.93), we can say FSLR is valued slightly cheaper.
- FSLR is valuated reasonably with a Price/Forward Earnings ratio of 9.55.
- FSLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FSLR is cheaper than 97.35% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.77, FSLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.8 | ||
| Fwd PE | 9.55 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FSLR is valued cheaper than 91.15% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, FSLR is valued cheaply inside the industry as 81.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.2 | ||
| EV/EBITDA | 10.89 |
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.
- The decent profitability rating of FSLR may justify a higher PE ratio.
- FSLR's earnings are expected to grow with 32.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)0.32
EPS Next 2Y35.65%
EPS Next 3Y32.21%
5. Dividend
5.1 Amount
- No dividends for FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
218.73
-15.63 (-6.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-24 2026-02-24/amc
Inst Owners104.86%
Inst Owner Change-2.33%
Ins Owners5.3%
Ins Owner Change-0.65%
Market Cap23.47B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts80.43
Price Target281.25 (28.58%)
Short Float %8.33%
Short Ratio3.98
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)2.13%
PT rev (3m)17.55%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)-8.48%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-12.25%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.8 | ||
| Fwd PE | 9.55 | ||
| P/S | 4.65 | ||
| P/FCF | 38.2 | ||
| P/OCF | 14.43 | ||
| P/B | 2.6 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 10.89 |
EPS(TTM)13.02
EY5.95%
EPS(NY)22.91
Fwd EY10.47%
FCF(TTM)5.73
FCFY2.62%
OCF(TTM)15.15
OCFY6.93%
SpS47.07
BVpS84.01
TBVpS83.25
PEG (NY)0.85
PEG (5Y)0.32
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 | 4.82 |
F-Score5
WACC10.99%
ROIC/WACC1.02
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 Y19.76%
EPS Next 2Y35.65%
EPS Next 3Y32.21%
EPS Next 5Y25.14%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year21.81%
Revenue Next 2Y20.97%
Revenue Next 3Y18.73%
Revenue Next 5Y13.3%
EBIT growth 1Y13.37%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year43.7%
EBIT Next 3Y37.73%
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 19.76% in the next year.