FTC Solar Inc. (FTCI)
FTC Solar Statistics
Share Statistics
FTC Solar has 12.85M shares outstanding. The number of shares has increased by 2.25% in one year.
| Shares Outstanding | 12.85M |
| Shares Change (YoY) | 2.25% |
| Shares Change (QoQ) | 0.35% |
| Owned by Institutions (%) | 0.01% |
| Shares Floating | 7.38M |
| Failed to Deliver (FTD) Shares | 587 |
| FTD / Avg. Volume | 0.5% |
Short Selling Information
The latest short interest is 835.33K, so 6.5% of the outstanding shares have been sold short.
| Short Interest | 835.33K |
| Short % of Shares Out | 6.5% |
| Short % of Float | 11.31% |
| Short Ratio (days to cover) | 4.15 |
Valuation Ratios
The PE ratio is -15.92 and the forward PE ratio is -2.22. FTC Solar's PEG ratio is 0.29.
| PE Ratio | -15.92 |
| Forward PE | -2.22 |
| PS Ratio | 6.3 |
| Forward PS | 0.1 |
| PB Ratio | 12.82 |
| P/FCF Ratio | -14.97 |
| PEG Ratio | 0.29 |
Enterprise Valuation
FTC Solar Inc. has an Enterprise Value (EV) of 56.68M.
| EV / Earnings | -1.13 |
| EV / Sales | 0.45 |
| EV / EBITDA | -1.16 |
| EV / EBIT | -1.12 |
| EV / FCF | -1.06 |
Financial Position
The company has a current ratio of 1.98, with a Debt / Equity ratio of 0.03.
| Current Ratio | 1.98 |
| Quick Ratio | 1.91 |
| Debt / Equity | 0.03 |
| Total Debt / Capitalization | 2.9 |
| Cash Flow / Debt | -28.25 |
| Interest Coverage | -200.7 |
Financial Efficiency
Return on equity (ROE) is -0.81% and return on capital (ROIC) is -78.4%.
| Return on Equity (ROE) | -0.81% |
| Return on Assets (ROA) | -0.41% |
| Return on Capital (ROIC) | -78.4% |
| Revenue Per Employee | $596,253.52 |
| Profits Per Employee | $-236,103.29 |
| Employee Count | 213 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 30.4 |
Taxes
| Income Tax | -338K |
| Effective Tax Rate | 0.01 |
Stock Price Statistics
The stock price has increased by -48.79% in the last 52 weeks. The beta is 1.26, so FTC Solar's price volatility has been higher than the market average.
| Beta | 1.26 |
| 52-Week Price Change | -48.79% |
| 50-Day Moving Average | 3.62 |
| 200-Day Moving Average | 4.02 |
| Relative Strength Index (RSI) | 36.7 |
| Average Volume (20 Days) | 118.31K |
Income Statement
In the last 12 months, FTC Solar had revenue of 127M and earned -50.29M in profits. Earnings per share was -0.44.
| Revenue | 127M |
| Gross Profit | 8.31M |
| Operating Income | -50.78M |
| Net Income | -50.29M |
| EBITDA | -49M |
| EBIT | -50.78M |
| Earnings Per Share (EPS) | -0.44 |
Balance Sheet
The company has 25.23M in cash and 1.86M in debt, giving a net cash position of 23.37M.
| Cash & Cash Equivalents | 25.23M |
| Total Debt | 1.86M |
| Net Cash | 23.37M |
| Retained Earnings | -299.13M |
| Total Assets | 91.69M |
| Working Capital | 18.88M |
Cash Flow
In the last 12 months, operating cash flow was -52.66M and capital expenditures -816K, giving a free cash flow of -53.47M.
| Operating Cash Flow | -52.66M |
| Capital Expenditures | -816K |
| Free Cash Flow | -53.47M |
| FCF Per Share | -0.46 |
Margins
Gross margin is 6.54%, with operating and profit margins of -39.98% and -39.6%.
| Gross Margin | 6.54% |
| Operating Margin | -39.98% |
| Pretax Margin | -39.86% |
| Profit Margin | -39.6% |
| EBITDA Margin | -38.58% |
| EBIT Margin | -39.98% |
| FCF Margin | -42.1% |
Dividends & Yields
FTCI 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 | -16% |
| FCF Yield | -151.27% |
Analyst Forecast
The average price target for FTCI is $10, which is 263.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $10 |
| Price Target Difference | 263.6% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Dec 2, 2024. It was a backward split with a ratio of 1:10.
| Last Split Date | Dec 2, 2024 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | -5.6 |
| Piotroski F-Score | 2 |