First Solar Inc. (FSLR)
First Solar Statistics
Share Statistics
First Solar has 107.06M shares outstanding. The number of shares has increased by 0.02% in one year.
Shares Outstanding | 107.06M |
Shares Change (YoY) | 0.02% |
Shares Change (QoQ) | 0% |
Owned by Institutions (%) | 88.19% |
Shares Floating | 101.15M |
Failed to Deliver (FTD) Shares | 4.21K |
FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 7.51M, so 7.01% of the outstanding shares have been sold short.
Short Interest | 7.51M |
Short % of Shares Out | 7.01% |
Short % of Float | 7.53% |
Short Ratio (days to cover) | 4.44 |
Valuation Ratios
The PE ratio is 14.6 and the forward PE ratio is 7.55. First Solar's PEG ratio is 0.26.
PE Ratio | 14.6 |
Forward PE | 7.55 |
PS Ratio | 4.48 |
Forward PS | 1.9 |
PB Ratio | 2.36 |
P/FCF Ratio | -61.22 |
PEG Ratio | 0.26 |
Enterprise Valuation
First Solar has an Enterprise Value (EV) of 17.96B.
EV / Sales | 4.27 |
EV / EBITDA | 9.61 |
EV / EBIT | 14.74 |
EV / FCF | -58.29 |
Financial Position
The company has a current ratio of 2.45, with a Debt / Equity ratio of 0.09.
Current Ratio | 2.45 |
Quick Ratio | 1.93 |
Debt / Equity | 0.09 |
Debt / EBITDA | 0.38 |
Debt / FCF | -2.33 |
Interest Coverage | 35.87 |
Financial Efficiency
Return on Equity is 16.2% and Return on Invested Capital is 12.44%.
Return on Equity | 16.2% |
Return on Assets | 10.66% |
Return on Invested Capital | 12.44% |
Revenue Per Employee | $519.29K |
Profits Per Employee | $159.51K |
Employee Count | 8,100 |
Asset Turnover | 0.35 |
Inventory Turnover | 2.17 |
Taxes
Income Tax | 114.29M |
Effective Tax Rate | 8.13% |
Stock Price Statistics
The stock price has increased by -20.55% in the last 52 weeks. The beta is 1.52, so First Solar's price volatility has been higher than the market average.
Beta | 1.52 |
52-Week Price Change | -20.55% |
50-Day Moving Average | 146.52 |
200-Day Moving Average | 195.99 |
Relative Strength Index (RSI) | 50.8 |
Average Volume (20 Days) | 2.83M |
Income Statement
In the last 12 months, First Solar had revenue of 4.21B and earned 1.29B in profits. Earnings per share was 12.07.
Revenue | 4.21B |
Gross Profit | 1.86B |
Operating Income | 1.39B |
Net Income | 1.29B |
EBITDA | 1.87B |
EBIT | 1.45B |
Earnings Per Share (EPS) | 12.07 |
Balance Sheet
The company has 1.62B in cash and 718.8M in debt, giving a net cash position of 902.57M.
Cash & Cash Equivalents | 1.62B |
Total Debt | 718.8M |
Net Cash | 902.57M |
Retained Earnings | 0 |
Total Assets | 12.12B |
Working Capital | 3.01B |
Cash Flow
In the last 12 months, operating cash flow was 1.22B and capital expenditures -1.53B, giving a free cash flow of -308.08M.
Operating Cash Flow | 1.22B |
Capital Expenditures | -1.53B |
Free Cash Flow | -308.08M |
FCF Per Share | -2.88 |
Margins
Gross margin is 44.17%, with operating and profit margins of 33.15% and 30.72%.
Gross Margin | 44.17% |
Operating Margin | 33.15% |
Pretax Margin | 33.43% |
Profit Margin | 30.72% |
EBITDA Margin | 44.43% |
EBIT Margin | 33.15% |
FCF Margin | -7.32% |
Dividends & Yields
FSLR 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 | 6.85% |
FCF Yield | -1.63% |
Analyst Forecast
The average price target for FSLR is $259.5, which is 90.5% higher than the current price. The consensus rating is "Buy".
Price Target | $259.5 |
Price Target Difference | 90.5% |
Analyst Consensus | Buy |
Analyst Count | 25 |
Scores
Altman Z-Score | 3.01 |
Piotroski F-Score | 5 |