Canadian Solar Inc. (CSIQ)
Canadian Solar Statistics
Share Statistics
Canadian Solar has 66.17M shares outstanding. The number of shares has increased by 2.38% in one year.
| Shares Outstanding | 66.17M |
| Shares Change (YoY) | 2.38% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 46.75% |
| Shares Floating | 47.03M |
| Failed to Deliver (FTD) Shares | 7.66K |
| FTD / Avg. Volume | 0.45% |
Short Selling Information
The latest short interest is 10.36M, so 15.65% of the outstanding shares have been sold short.
| Short Interest | 10.36M |
| Short % of Shares Out | 15.65% |
| Short % of Float | 21.91% |
| Short Ratio (days to cover) | 3.8 |
Valuation Ratios
The PE ratio is 6.25 and the forward PE ratio is 14.76. Canadian Solar's PEG ratio is 0.43.
| PE Ratio | 6.25 |
| Forward PE | 14.76 |
| PS Ratio | 0.23 |
| Forward PS | 0.1 |
| PB Ratio | 0.67 |
| P/FCF Ratio | -2.04 |
| PEG Ratio | 0.43 |
Enterprise Valuation
Canadian Solar Inc. has an Enterprise Value (EV) of 3.25B.
| EV / Earnings | 11.86 |
| EV / Sales | 0.43 |
| EV / EBITDA | 3.92 |
| EV / EBIT | 7.17 |
| EV / FCF | -3.87 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.75.
| Current Ratio | 1.04 |
| Quick Ratio | 0.84 |
| Debt / Equity | 1.75 |
| Total Debt / Capitalization | 63.62 |
| Cash Flow / Debt | 0.15 |
| Interest Coverage | 3.97 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 4.73%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 4.73% |
| Revenue Per Employee | $342,431.68 |
| Profits Per Employee | $12,331.88 |
| Employee Count | 22,234 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 5.37 |
Taxes
| Income Tax | 59.5M |
| Effective Tax Rate | 0.15 |
Stock Price Statistics
The stock price has increased by -53.29% in the last 52 weeks. The beta is 1.34, so Canadian Solar's price volatility has been higher than the market average.
| Beta | 1.34 |
| 52-Week Price Change | -53.29% |
| 50-Day Moving Average | 10.27 |
| 200-Day Moving Average | 12.98 |
| Relative Strength Index (RSI) | 39.8 |
| Average Volume (20 Days) | 1.7M |
Income Statement
In the last 12 months, Canadian Solar had revenue of 7.61B and earned 274.19M in profits. Earnings per share was 4.27.
| Revenue | 7.61B |
| Gross Profit | 1.28B |
| Operating Income | 453.32M |
| Net Income | 274.19M |
| EBITDA | 829.66M |
| EBIT | 453.32M |
| Earnings Per Share (EPS) | 4.27 |
Balance Sheet
The company has 1.94B in cash and 4.48B in debt, giving a net cash position of -2.54B.
| Cash & Cash Equivalents | 1.94B |
| Total Debt | 4.48B |
| Net Cash | -2.54B |
| Retained Earnings | 1.55B |
| Total Assets | 13.78B |
| Working Capital | 369.06M |
Cash Flow
In the last 12 months, operating cash flow was 684.62M and capital expenditures -1.53B, giving a free cash flow of -840.85M.
| Operating Cash Flow | 684.62M |
| Capital Expenditures | -1.53B |
| Free Cash Flow | -840.85M |
| FCF Per Share | -12.86 |
Margins
Gross margin is 16.81%, with operating and profit margins of 5.95% and 3.6%.
| Gross Margin | 16.81% |
| Operating Margin | 5.95% |
| Pretax Margin | 5.37% |
| Profit Margin | 3.6% |
| EBITDA Margin | 10.9% |
| EBIT Margin | 5.95% |
| FCF Margin | -11.04% |
Dividends & Yields
CSIQ does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 46.26% |
| FCF Yield | -137.66% |
Analyst Forecast
The average price target for CSIQ is $14.15, which is 53.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.15 |
| Price Target Difference | 53.3% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 0.62 |
| Piotroski F-Score | 3 |