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) | n/a |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 99.72M |
| Failed to Deliver (FTD) Shares | 5.86K |
| FTD / Avg. Volume | 0.21% |
Short Selling Information
The latest short interest is 8.10M, so 7.57% of the outstanding shares have been sold short.
| Short Interest | 8.10M |
| Short % of Shares Out | 7.57% |
| Short % of Float | 8.13% |
| Short Ratio (days to cover) | 3.31 |
Valuation Ratios
The PE ratio is 22.15 and the forward PE ratio is 8.74. First Solar 's PEG ratio is 0.07.
| PE Ratio | 22.15 |
| Forward PE | 8.74 |
| PS Ratio | 5.54 |
| Forward PS | 3 |
| PB Ratio | 2.75 |
| P/FCF Ratio | -23.45 |
| PEG Ratio | 0.07 |
Enterprise Valuation
First Solar Inc. has an Enterprise Value (EV) of 17.08B.
| EV / Earnings | 20.55 |
| EV / Sales | 5.15 |
| EV / EBITDA | 14.09 |
| EV / EBIT | 19.92 |
| EV / FCF | -21.77 |
Financial Position
The company has a current ratio of 3.55, with a Debt / Equity ratio of 0.08.
| Current Ratio | 3.55 |
| Quick Ratio | 2.92 |
| Debt / Equity | 0.08 |
| Total Debt / Capitalization | 7.73 |
| Cash Flow / Debt | 1.07 |
| Interest Coverage | 66.12 |
Financial Efficiency
Return on equity (ROE) is 0.12% and return on capital (ROIC) is 10.93%.
| Return on Equity (ROE) | 0.12% |
| Return on Assets (ROA) | 0.08% |
| Return on Capital (ROIC) | 10.93% |
| Revenue Per Employee | 495.31K |
| Profits Per Employee | 124.00K |
| Employee Count | 6.70K |
| Asset Turnover | 0.32 |
| Inventory Turnover | 2.46 |
Taxes
| Income Tax | 60.51M |
| Effective Tax Rate | 0.07 |
Stock Price Statistics
The stock price has increased by 14.79% in the last 52 weeks. The beta is 1.48, so First Solar 's price volatility has been higher than the market average.
| Beta | 1.48 |
| 52-Week Price Change | 14.79% |
| 50-Day Moving Average | 193.07 |
| 200-Day Moving Average | 211.99 |
| Relative Strength Index (RSI) | 51.8 |
| Average Volume (20 Days) | 2.77M |
Income Statement
In the last 12 months, First Solar had revenue of 3.32B and earned 830.78M in profits. Earnings per share was 7.78.
| Revenue | 3.32B |
| Gross Profit | 1.30B |
| Operating Income | 857.27M |
| Net Income | 830.78M |
| EBITDA | 1.21B |
| EBIT | 857.27M |
| Earnings Per Share (EPS) | 7.78 |
Balance Sheet
The company has 1.95B in cash and 624.39M in debt, giving a net cash position of 1.32B.
| Cash & Cash Equivalents | 1.95B |
| Total Debt | 624.39M |
| Net Cash | 1.32B |
| Retained Earnings | 3.97B |
| Total Assets | 11.44B |
| Working Capital | 2.04B |
Cash Flow
In the last 12 months, operating cash flow was 602.26M and capital expenditures -1.39B, giving a free cash flow of -784.51M.
| Operating Cash Flow | 602.26M |
| Capital Expenditures | -1.39B |
| Free Cash Flow | -784.51M |
| FCF Per Share | -7.35 |
Margins
Gross margin is 3.92K%, with operating and profit margins of 2.58K% and 2.50K%.
| Gross Margin | 3.92K% |
| Operating Margin | 2.58K% |
| Pretax Margin | 2.69K% |
| Profit Margin | 2.50K% |
| EBITDA Margin | 36.53% |
| EBIT Margin | 25.83% |
| FCF Margin | -23.64% |
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 | 4.08% |
| FCF Yield | -3.84% |
Analyst Forecast
The average price target for FSLR is $269, which is 41.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $269 |
| Price Target Difference | 41.1% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
Scores
| Altman Z-Score | 4.65 |
| Piotroski F-Score | 5 |