FTC SOLAR INC (FTCI) Fundamental Analysis & Valuation

NASDAQ:FTCI • US30320C3016

Current stock price

4.66 USD
+0.2 (+4.48%)
At close:
4.7999 USD
+0.14 (+3%)
After Hours:

This FTCI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

0

1. FTCI Profitability Analysis

1.1 Basic Checks

  • In the past year FTCI has reported negative net income.
  • In the past year FTCI has reported a negative cash flow from operations.
  • In the past 5 years FTCI always reported negative net income.
  • In the past 5 years FTCI always reported negative operating cash flow.
FTCI Yearly Net Income VS EBIT VS OCF VS FCFFTCI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 -20M -40M -60M -80M -100M

1.2 Ratios

  • FTCI's Return On Assets of -68.79% is on the low side compared to the rest of the industry. FTCI is outperformed by 75.82% of its industry peers.
Industry RankSector Rank
ROA -68.79%
ROE N/A
ROIC N/A
ROA(3y)-54.57%
ROA(5y)-56.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FTCI Yearly ROA, ROE, ROICFTCI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 -2K -4K -6K -8K

1.3 Margins

  • FTCI's Gross Margin of 1.13% is on the low side compared to the rest of the industry. FTCI is outperformed by 73.63% of its industry peers.
  • In the last couple of years the Gross Margin of FTCI has declined.
  • FTCI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 1.13%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-10.04%
FTCI Yearly Profit, Operating, Gross MarginsFTCI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 -20 -40 -60 -80 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. FTCI Health Analysis

2.1 Basic Checks

  • FTCI does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for FTCI has been increased compared to 1 year ago.
  • The number of shares outstanding for FTCI has been increased compared to 5 years ago.
  • Compared to 1 year ago, FTCI has a worse debt to assets ratio.
FTCI Yearly Shares OutstandingFTCI Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
FTCI Yearly Total Debt VS Total AssetsFTCI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

2.2 Solvency

  • Based on the Altman-Z score of -4.91, we must say that FTCI is in the distress zone and has some risk of bankruptcy.
  • FTCI's Altman-Z score of -4.91 is on the low side compared to the rest of the industry. FTCI is outperformed by 76.92% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -4.91
ROIC/WACCN/A
WACC7.99%
FTCI Yearly LT Debt VS Equity VS FCFFTCI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M -100M

2.3 Liquidity

  • A Current Ratio of 1.30 indicates that FTCI should not have too much problems paying its short term obligations.
  • The Current ratio of FTCI (1.30) is worse than 60.44% of its industry peers.
  • A Quick Ratio of 1.17 indicates that FTCI should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.17, FTCI is in line with its industry, outperforming 53.85% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 1.17
FTCI Yearly Current Assets VS Current LiabilitesFTCI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. FTCI Growth Analysis

3.1 Past

  • FTCI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.06%, which is quite impressive.
  • Looking at the last year, FTCI shows a very strong growth in Revenue. The Revenue has grown by 110.51%.
  • Measured over the past years, FTCI shows a very negative growth in Revenue. The Revenue has been decreasing by -11.86% on average per year.
EPS 1Y (TTM)38.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%78.75%
Revenue 1Y (TTM)110.51%
Revenue growth 3Y-6.79%
Revenue growth 5Y-11.86%
Sales Q2Q%148.91%

3.2 Future

  • Based on estimates for the next years, FTCI will show a very strong growth in Earnings Per Share. The EPS will grow by 20.19% on average per year.
  • FTCI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 35.80% yearly.
EPS Next Y97.96%
EPS Next 2Y52.52%
EPS Next 3Y33.08%
EPS Next 5Y20.19%
Revenue Next Year86.32%
Revenue Next 2Y59.39%
Revenue Next 3Y58.71%
Revenue Next 5Y35.8%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FTCI Yearly Revenue VS EstimatesFTCI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200M 400M 600M
FTCI Yearly EPS VS EstimatesFTCI Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -2 -4 -6

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Find the best growth stocksShow best growing peers

1

4. FTCI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FTCI. In the last year negative earnings were reported.
  • Also next year FTCI is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FTCI Price Earnings VS Forward Price EarningsFTCI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FTCI Per share dataFTCI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6

4.3 Compensation for Growth

  • A more expensive valuation may be justified as FTCI's earnings are expected to grow with 33.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y52.52%
EPS Next 3Y33.08%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. FTCI Dividend Analysis

5.1 Amount

  • FTCI does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FTCI Fundamentals: All Metrics, Ratios and Statistics

FTC SOLAR INC

NASDAQ:FTCI (3/16/2026, 7:55:49 PM)

After market: 4.7999 +0.14 (+3%)

4.66

+0.2 (+4.48%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)03-05
Earnings (Next)04-29
Inst Owners11.58%
Inst Owner Change118.92%
Ins Owners14.03%
Ins Owner Change-0.32%
Market Cap69.62M
Revenue(TTM)99.69M
Net Income(TTM)-76.92M
Analysts80
Price Target14.66 (214.59%)
Short Float %8.86%
Short Ratio7.6
Dividend
Industry RankSector 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)2
Avg EPS beat(2)30.01%
Min EPS beat(2)23.08%
Max EPS beat(2)36.94%
EPS beat(4)2
Avg EPS beat(4)8.62%
Min EPS beat(4)-17.65%
Max EPS beat(4)36.94%
EPS beat(8)3
Avg EPS beat(8)3.16%
EPS beat(12)4
Avg EPS beat(12)-0.6%
EPS beat(16)6
Avg EPS beat(16)-4.53%
Revenue beat(2)1
Avg Revenue beat(2)9.83%
Min Revenue beat(2)-1.19%
Max Revenue beat(2)20.85%
Revenue beat(4)2
Avg Revenue beat(4)5.2%
Min Revenue beat(4)-7.22%
Max Revenue beat(4)20.85%
Revenue beat(8)4
Avg Revenue beat(8)1.86%
Revenue beat(12)6
Avg Revenue beat(12)-1.08%
Revenue beat(16)7
Avg Revenue beat(16)-2.68%
PT rev (1m)0%
PT rev (3m)35.29%
EPS NQ rev (1m)-53.06%
EPS NQ rev (3m)1.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-2333.5%
Revenue NQ rev (1m)-22.66%
Revenue NQ rev (3m)-23.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-22.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.7
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-2.23
EYN/A
EPS(NY)-0.05
Fwd EYN/A
FCF(TTM)-2.31
FCFYN/A
OCF(TTM)-2.24
OCFYN/A
SpS6.67
BVpS-2.7
TBVpS-3.2
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -68.79%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 1.13%
FCFM N/A
ROA(3y)-54.57%
ROA(5y)-56.34%
ROE(3y)N/A
ROE(5y)N/A
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-10.04%
F-Score4
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 88.55%
Cap/Sales 1.13%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.3
Quick Ratio 1.17
Altman-Z -4.91
F-Score4
WACC7.99%
ROIC/WACCN/A
Cap/Depr(3y)82.11%
Cap/Depr(5y)160.83%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%78.75%
EPS Next Y97.96%
EPS Next 2Y52.52%
EPS Next 3Y33.08%
EPS Next 5Y20.19%
Revenue 1Y (TTM)110.51%
Revenue growth 3Y-6.79%
Revenue growth 5Y-11.86%
Sales Q2Q%148.91%
Revenue Next Year86.32%
Revenue Next 2Y59.39%
Revenue Next 3Y58.71%
Revenue Next 5Y35.8%
EBIT growth 1Y36.75%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year77.18%
EBIT Next 3Y42.98%
EBIT Next 5Y29.61%
FCF growth 1Y4.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.62%
OCF growth 3YN/A
OCF growth 5YN/A

FTC SOLAR INC / FTCI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of FTC SOLAR INC (FTCI) stock?

ChartMill assigns a fundamental rating of 2 / 10 to FTCI.


What is the valuation status for FTCI stock?

ChartMill assigns a valuation rating of 1 / 10 to FTC SOLAR INC (FTCI). This can be considered as Overvalued.


Can you provide the profitability details for FTC SOLAR INC?

FTC SOLAR INC (FTCI) has a profitability rating of 0 / 10.


How financially healthy is FTC SOLAR INC?

The financial health rating of FTC SOLAR INC (FTCI) is 1 / 10.