First Solar, Inc. Logo

First Solar, Inc.

FSLR

(1.5)
Stock Price

182,39 USD

11.02% ROA

17.56% ROE

20.07x PER

Market Cap.

24.154.085.080,00 USD

7.85% DER

0% Yield

32.41% NPM

First Solar, Inc. Stock Analysis

First Solar, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First Solar, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (9%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

ROE in an average range (7.88%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (5%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (2.63x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-6.945) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

First Solar, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First Solar, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

First Solar, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First Solar, Inc. Revenue
Year Revenue Growth
2001 0
2002 490.000 100%
2003 3.210.000 84.74%
2004 13.522.000 76.26%
2005 48.063.000 71.87%
2006 134.974.000 64.39%
2007 503.976.000 73.22%
2008 1.246.301.000 59.56%
2009 2.066.200.000 39.68%
2010 2.563.515.000 19.4%
2011 2.766.207.000 7.33%
2012 3.368.545.000 17.88%
2013 3.308.989.000 -1.8%
2014 3.391.814.000 2.44%
2015 3.578.995.000 5.23%
2016 2.951.328.000 -21.27%
2017 2.941.324.000 -0.34%
2018 2.244.044.000 -31.07%
2019 3.063.117.000 26.74%
2020 2.711.332.000 -12.97%
2021 2.923.377.000 7.25%
2022 2.619.319.000 -11.61%
2023 3.204.360.000 18.26%
2023 3.318.602.000 3.44%
2024 4.041.928.000 17.9%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First Solar, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 3.766.000
2002 6.029.000 37.54%
2003 0 0%
2004 1.240.000 100%
2005 2.372.000 47.72%
2006 6.361.000 62.71%
2007 15.107.000 57.89%
2008 33.517.000 54.93%
2009 78.161.000 57.12%
2010 94.797.000 17.55%
2011 140.523.000 32.54%
2012 132.460.000 -6.09%
2013 134.300.000 1.37%
2014 143.969.000 6.72%
2015 130.593.000 -10.24%
2016 124.762.000 -4.67%
2017 88.573.000 -40.86%
2018 84.472.000 -4.85%
2019 96.611.000 12.56%
2020 93.738.000 -3.06%
2021 99.115.000 5.43%
2022 112.804.000 12.14%
2023 164.760.000 31.53%
2023 152.307.000 -8.18%
2024 207.748.000 26.69%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First Solar, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First Solar, Inc. EBITDA
Year EBITDA Growth
2001 -25.726.000
2002 -22.202.000 -15.87%
2003 3.210.000 791.65%
2004 -14.947.000 121.48%
2005 -71.000 -20952.11%
2006 5.627.000 101.26%
2007 161.000.000 96.5%
2008 494.404.000 67.44%
2009 689.350.000 28.28%
2010 763.278.000 9.69%
2011 398.458.000 -91.56%
2012 445.307.000 10.52%
2013 467.256.000 4.7%
2014 427.180.000 -9.38%
2015 533.678.000 19.96%
2016 381.647.000 -39.84%
2017 274.701.000 -38.93%
2018 139.638.000 -96.72%
2019 267.646.000 47.83%
2020 328.116.000 18.43%
2021 445.960.000 26.42%
2022 53.450.000 -734.35%
2023 1.490.872.000 96.41%
2023 1.262.489.000 -18.09%
2024 1.992.300.000 36.63%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First Solar, Inc. Gross Profit
Year Gross Profit Growth
2001 -14.271.000
2002 -6.517.000 -118.98%
2003 3.210.000 303.02%
2004 -5.329.000 160.24%
2005 16.580.000 132.14%
2006 54.244.000 69.43%
2007 251.403.000 78.42%
2008 678.393.000 62.94%
2009 1.044.582.000 35.06%
2010 1.184.846.000 11.84%
2011 971.751.000 -21.93%
2012 852.749.000 -13.96%
2013 862.754.000 1.16%
2014 827.105.000 -4.31%
2015 919.267.000 10.03%
2016 703.979.000 -30.58%
2017 548.947.000 -28.24%
2018 392.177.000 -39.97%
2019 549.212.000 28.59%
2020 680.673.000 19.31%
2021 729.954.000 6.75%
2022 69.858.000 -944.91%
2023 1.504.700.000 95.36%
2023 1.300.679.000 -15.69%
2024 1.981.192.004 34.35%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First Solar, Inc. Net Profit
Year Net Profit Growth
2001 -27.134.000
2002 -26.224.000 -3.47%
2003 -28.043.000 6.49%
2004 -16.771.000 -67.21%
2005 -6.462.000 -159.53%
2006 3.974.000 262.61%
2007 158.354.000 97.49%
2008 348.330.000 54.54%
2009 640.138.000 45.59%
2010 664.201.000 3.62%
2011 -39.493.000 1781.82%
2012 -96.338.000 59.01%
2013 353.038.000 127.29%
2014 396.918.000 11.06%
2015 546.421.000 27.36%
2016 -357.964.000 252.65%
2017 -165.615.000 -116.14%
2018 144.326.000 214.75%
2019 -114.649.000 225.89%
2020 398.355.000 128.78%
2021 468.693.000 15.01%
2022 -44.166.000 1161.21%
2023 1.073.592.000 104.11%
2023 830.777.000 -29.23%
2024 1.397.424.000 40.55%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First Solar, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -1
2002 0 0%
2003 -1 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 2 100%
2008 4 50%
2009 8 42.86%
2010 8 0%
2011 0 0%
2012 -1 100%
2013 4 133.33%
2014 4 0%
2015 5 40%
2016 -3 266.67%
2017 -2 -200%
2018 1 200%
2019 -1 200%
2020 4 133.33%
2021 4 25%
2022 0 0%
2023 10 100%
2023 8 -42.86%
2024 13 46.15%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First Solar, Inc. Free Cashflow
Year Free Cashflow Growth
2001 -15.420.000
2004 -22.918.000 32.72%
2005 -37.441.000 38.79%
2006 -153.726.000 75.64%
2007 -36.420.000 -322.09%
2008 3.796.000 1059.43%
2009 395.252.000 99.04%
2010 116.578.000 -239.05%
2011 -765.277.000 115.23%
2012 382.981.000 299.82%
2013 573.550.000 33.23%
2014 423.440.000 -35.45%
2015 -527.357.000 180.29%
2016 -22.699.000 -2223.26%
2017 826.320.000 102.75%
2018 -1.066.647.000 177.47%
2019 -494.516.000 -115.7%
2020 -379.515.000 -30.3%
2021 -302.732.000 -25.36%
2022 -30.236.000 -901.23%
2023 -120.780.000 74.97%
2023 -784.515.000 84.6%
2024 -172.148.000 -355.72%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First Solar, Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 -15.420.000
2004 -15.185.000 -1.55%
2005 5.040.000 401.29%
2006 -576.000 975%
2007 205.951.000 100.28%
2008 463.067.000 55.52%
2009 675.193.000 31.42%
2010 705.492.000 4.29%
2011 -33.463.000 2208.27%
2012 762.209.000 104.39%
2013 856.126.000 10.97%
2014 680.989.000 -25.72%
2015 -360.919.000 288.68%
2016 206.753.000 274.57%
2017 1.340.677.000 84.58%
2018 -326.809.000 510.23%
2019 174.201.000 287.6%
2020 37.120.000 -369.29%
2021 237.559.000 84.37%
2022 873.369.000 72.8%
2023 165.427.000 -427.95%
2023 602.260.000 72.53%
2024 193.014.000 -212.03%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First Solar, Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 0
2004 7.733.000 100%
2005 42.481.000 81.8%
2006 153.150.000 72.26%
2007 242.371.000 36.81%
2008 459.271.000 47.23%
2009 279.941.000 -64.06%
2010 588.914.000 52.46%
2011 731.814.000 19.53%
2012 379.228.000 -92.97%
2013 282.576.000 -34.2%
2014 257.549.000 -9.72%
2015 166.438.000 -54.74%
2016 229.452.000 27.46%
2017 514.357.000 55.39%
2018 739.838.000 30.48%
2019 668.717.000 -10.64%
2020 416.635.000 -60.5%
2021 540.291.000 22.89%
2022 903.605.000 40.21%
2023 286.207.000 -215.72%
2023 1.386.775.000 79.36%
2024 365.162.000 -279.77%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First Solar, Inc. Equity
Year Equity Growth
2001 -17.414.000
2002 -43.628.000 60.09%
2004 22.641.000 292.69%
2005 13.129.000 -72.45%
2006 411.440.000 96.81%
2007 1.097.267.000 62.5%
2008 1.513.042.000 27.48%
2009 2.652.787.000 42.96%
2010 3.454.945.000 23.22%
2011 3.643.863.000 5.18%
2012 3.605.526.000 -1.06%
2013 4.503.117.000 19.93%
2014 5.027.487.000 10.43%
2015 5.548.487.000 9.39%
2016 5.212.687.000 -6.44%
2017 5.098.697.000 -2.24%
2018 5.212.403.000 2.18%
2019 5.096.767.000 -2.27%
2020 5.520.928.000 7.68%
2021 5.959.551.000 7.36%
2022 5.836.055.000 -2.12%
2023 6.687.469.000 12.73%
2023 6.302.376.000 -6.11%
2024 7.255.397.000 13.14%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First Solar, Inc. Assets
Year Assets Growth
2001 9.634.000
2002 14.377.000 32.99%
2004 41.765.000 65.58%
2005 101.884.000 59.01%
2006 578.510.000 82.39%
2007 1.371.312.000 57.81%
2008 2.114.502.000 35.15%
2009 3.349.512.000 36.87%
2010 4.380.403.000 23.53%
2011 5.777.614.000 24.18%
2012 6.348.692.000 9%
2013 6.883.502.000 7.77%
2014 6.724.439.000 -2.37%
2015 7.316.331.000 8.09%
2016 6.867.213.000 -6.54%
2017 6.864.501.000 -0.04%
2018 7.121.362.000 3.61%
2019 7.515.689.000 5.25%
2020 7.108.931.000 -5.72%
2021 7.413.746.000 4.11%
2022 8.251.228.000 10.15%
2023 10.365.132.000 20.39%
2023 9.582.645.000 -8.17%
2024 11.014.255.000 13%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First Solar, Inc. Liabilities
Year Liabilities Growth
2001 27.048.000
2002 58.005.000 53.37%
2004 19.124.000 -203.31%
2005 88.755.000 78.45%
2006 167.070.000 46.88%
2007 274.045.000 39.04%
2008 601.460.000 54.44%
2009 696.725.000 13.67%
2010 925.458.000 24.72%
2011 2.133.751.000 56.63%
2012 2.743.166.000 22.22%
2013 2.380.385.000 -15.24%
2014 1.696.952.000 -40.27%
2015 1.767.844.000 4.01%
2016 1.654.526.000 -6.85%
2017 1.765.804.000 6.3%
2018 1.908.959.000 7.5%
2019 2.418.922.000 21.08%
2020 1.588.003.000 -52.32%
2021 1.454.195.000 -9.2%
2022 2.415.173.000 39.79%
2023 3.677.663.000 34.33%
2023 3.280.269.000 -12.11%
2024 3.758.858.000 12.73%

First Solar, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
35.17
Net Income per Share
11.24
Price to Earning Ratio
20.07x
Price To Sales Ratio
6.42x
POCF Ratio
20.34
PFCF Ratio
-107.61
Price to Book Ratio
3.33
EV to Sales
6.13
EV Over EBITDA
13.64
EV to Operating CashFlow
19.43
EV to FreeCashFlow
-102.76
Earnings Yield
0.05
FreeCashFlow Yield
-0.01
Market Cap
24,15 Bil.
Enterprise Value
23,06 Bil.
Graham Number
130.95
Graham NetNet
-8.44

Income Statement Metrics

Net Income per Share
11.24
Income Quality
0.99
ROE
0.18
Return On Assets
0.11
Return On Capital Employed
0.14
Net Income per EBT
0.93
EBT Per Ebit
0.97
Ebit per Revenue
0.36
Effective Tax Rate
0.07

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.46
Operating Profit Margin
0.36
Pretax Profit Margin
0.35
Net Profit Margin
0.32

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
11.09
Free CashFlow per Share
-2.1
Capex to Operating CashFlow
1.19
Capex to Revenue
0.38
Capex to Depreciation
4.02
Return on Invested Capital
0.16
Return on Tangible Assets
0.11
Days Sales Outstanding
76.59
Days Payables Outstanding
41.19
Days of Inventory on Hand
183.38
Receivables Turnover
4.77
Payables Turnover
8.86
Inventory Turnover
1.99
Capex per Share
13.19

Balance Sheet

Cash per Share
16,34
Book Value per Share
67,78
Tangible Book Value per Share
66.96
Shareholders Equity per Share
67.78
Interest Debt per Share
5.6
Debt to Equity
0.08
Debt to Assets
0.05
Net Debt to EBITDA
-0.64
Current Ratio
2.23
Tangible Asset Value
7,17 Bil.
Net Current Asset Value
0,19 Bil.
Invested Capital
7528213000
Working Capital
2,18 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,88 Bil.
Average Payables
0,24 Bil.
Average Inventory
999371500
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First Solar, Inc. Dividends
Year Dividends Growth

First Solar, Inc. Profile

About First Solar, Inc.

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

CEO
Mr. Mark R. Widmar
Employee
6.700
Address
350 West Washington Street
Tempe, 85281

First Solar, Inc. Executives & BODs

First Solar, Inc. Executives & BODs
# Name Age
1 Mr. Georges J. Antoun
Chief Commercial Officer
70
2 Mr. Michael Koralewski
Chief Supply Chain Officer
70
3 Mr. Alexander R. Bradley
Chief Financial Officer
70
4 Mr. Byron Michael Jeffers
Chief Accounting Officer
70
5 Mr. Markus Gloeckler
Chief Technology Officer
70
6 Mr. Kuntal Kumar Verma
Chief Manufacturing Officer
70
7 Mr. Jason E. Dymbort
Executive Vice President, General Counsel & Secretary
70
8 Richard Romero
Vice President of Investor Relations & Treasurer
70
9 Ms. Caroline Stockdale
Chief People & Communications Officer
70
10 Mr. Mark R. Widmar
Chief Executive Officer & Director
70

First Solar, Inc. Competitors