First Solar Inc. (FSLR)
First Solar Statistics
Share Statistics
First Solar has 107.06M shares outstanding. The number of shares has increased by 0.2% in one year.
| Shares Outstanding | 107.06M |
| Shares Change (YoY) | 0.2% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 83.3% |
| Shares Floating | 99.67M |
| Failed to Deliver (FTD) Shares | 73 |
| FTD / Avg. Volume | < 0.01% |
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 | 1.8 |
| PB Ratio | 2.36 |
| P/FCF Ratio | -61.22 |
| PEG Ratio | 0.26 |
Enterprise Valuation
First Solar Inc. has an Enterprise Value (EV) of 17.08B.
| EV / Earnings | 13.22 |
| EV / Sales | 4.06 |
| EV / EBITDA | 9.14 |
| EV / EBIT | 12.25 |
| EV / FCF | -55.43 |
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 |
| Total Debt / Capitalization | 8.27 |
| Cash Flow / Debt | 1.69 |
| Interest Coverage | 35.87 |
Financial Efficiency
Return on equity (ROE) is 0.16% and return on capital (ROIC) is 14.73%.
| Return on Equity (ROE) | 0.16% |
| Return on Assets (ROA) | 0.11% |
| Return on Capital (ROIC) | 14.73% |
| Revenue Per Employee | $519,294.94 |
| Profits Per Employee | $159,511.6 |
| Employee Count | 8,100 |
| Asset Turnover | 0.35 |
| Inventory Turnover | 2.17 |
Taxes
| Income Tax | 114.29M |
| Effective Tax Rate | 0.08 |
Stock Price Statistics
The stock price has increased by -18.6% 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 | -18.6% |
| 50-Day Moving Average | 171.42 |
| 200-Day Moving Average | 210.2 |
| Relative Strength Index (RSI) | 25.67 |
| Average Volume (20 Days) | 2.36M |
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 | 1.39B |
| 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 | 9.46% |
| FCF Yield | -2.26% |
Analyst Forecast
The average price target for FSLR is $263.5, which is 106.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $263.5 |
| Price Target Difference | 106.6% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
Scores
| Altman Z-Score | 3.46 |
| Piotroski F-Score | 5 |