238.07 USD
-8.19 (-3.33%)
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 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FSLR has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make FSLR a good candidate 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.
Of the past 5 years FSLR 4 years were profitable.
FSLR had a positive operating cash flow in each of the past 5 years.
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.
The Return On Equity of FSLR (15.53%) is better than 78.76% of its industry peers.
FSLR has a better Return On Invested Capital (11.26%) than 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
FSLR has a better Profit Margin (27.73%) than 84.96% of its industry peers.
FSLR's Profit Margin has improved in the last couple of years.
The Operating Margin of FSLR (29.81%) is better than 89.38% of its industry peers.
In the last couple of years the Operating Margin of FSLR has grown nicely.
FSLR has a Gross Margin (40.05%) which is comparable to the rest of the 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.
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
An Altman-Z score of 5.22 indicates that FSLR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.22, FSLR is in line with its industry, outperforming 58.41% of the companies in the same 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.
With a decent Debt to FCF ratio value of 1.28, FSLR is doing good in the industry, outperforming 72.57% of the companies in the same industry.
FSLR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.06, FSLR is doing good in the industry, outperforming 61.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 5.22 |
ROIC/WACC1.04
WACC10.85%
2.3 Liquidity
A Current Ratio of 1.91 indicates that FSLR should not have too much problems paying 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.
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.
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
The Earnings Per Share is expected to grow by 25.29% 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 13.24% on average per year.
EPS Next Y19.75%
EPS Next 2Y35.88%
EPS Next 3Y31.82%
EPS Next 5Y25.29%
Revenue Next Year21.88%
Revenue Next 2Y21.5%
Revenue Next 3Y18.93%
Revenue Next 5Y13.24%
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
The Price/Earnings ratio is 18.28, which indicates a rather expensive current valuation of FSLR.
FSLR's Price/Earnings ratio is rather cheap when compared to the industry. FSLR is cheaper than 92.04% of the companies in the same industry.
FSLR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.00.
With a Price/Forward Earnings ratio of 10.36, the valuation of FSLR can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSLR indicates a rather cheap valuation: FSLR is cheaper than 98.23% of the companies listed in the same industry.
FSLR is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 10.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSLR is valued cheaper than 87.61% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSLR indicates a somewhat cheap valuation: FSLR is cheaper than 75.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.57 | ||
| EV/EBITDA | 12.35 |
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.
FSLR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FSLR's earnings are expected to grow with 31.82% in the coming years.
PEG (NY)0.93
PEG (5Y)0.35
EPS Next 2Y35.88%
EPS Next 3Y31.82%
5. Dividend
5.1 Amount
FSLR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:FSLR (1/9/2026, 2:57:04 PM)
238.07
-8.19 (-3.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners104.86%
Inst Owner Change0.08%
Ins Owners5.3%
Ins Owner Change-0.65%
Market Cap25.55B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts80.43
Price Target275.38 (15.67%)
Short Float %9.61%
Short Ratio4.57
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)0.72%
PT rev (3m)23.77%
EPS NQ rev (1m)-0.46%
EPS NQ rev (3m)-9.79%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-4.64%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-11.37%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 10.36 | ||
| P/S | 5.06 | ||
| P/FCF | 41.57 | ||
| P/OCF | 15.71 | ||
| P/B | 2.83 | ||
| P/tB | 2.86 | ||
| EV/EBITDA | 12.35 |
EPS(TTM)13.02
EY5.47%
EPS(NY)22.99
Fwd EY9.65%
FCF(TTM)5.73
FCFY2.41%
OCF(TTM)15.15
OCFY6.37%
SpS47.07
BVpS84.01
TBVpS83.25
PEG (NY)0.93
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 | 5.22 |
F-Score5
WACC10.85%
ROIC/WACC1.04
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 Y19.75%
EPS Next 2Y35.88%
EPS Next 3Y31.82%
EPS Next 5Y25.29%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year21.88%
Revenue Next 2Y21.5%
Revenue Next 3Y18.93%
Revenue Next 5Y13.24%
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 19.75% in the next year.