FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FSLR - US3364331070 - Common Stock
215.3 EUR
-20.7 (-8.77%)
1FSLR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 57 industry peers in the Semiconductors & Semiconductor Equipment industry. 1FSLR has an average financial health and profitability rating. 1FSLR has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! With these ratings, 1FSLR could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
1FSLR had positive earnings in the past year.
1FSLR had a positive operating cash flow in the past year.
Of the past 5 years 1FSLR 4 years were profitable.
In the past 5 years 1FSLR always reported a positive cash flow from operatings.
1.2 Ratios
1FSLR's Return On Assets of 10.41% is fine compared to the rest of the industry. 1FSLR outperforms 60.66% of its industry peers.
1FSLR has a Return On Equity (15.53%) which is comparable to the rest of the industry.
The Return On Invested Capital of 1FSLR (10.69%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.41% | ||
| ROE | 15.53% | ||
| ROIC | 10.69% |
ROA(3y)6.05%
ROA(5y)6.01%
ROE(3y)9.29%
ROE(5y)8.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
1FSLR has a better Profit Margin (27.73%) than 77.05% of its industry peers.
1FSLR's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 29.81%, 1FSLR is doing good in the industry, outperforming 75.41% of the companies in the same industry.
1FSLR's Operating Margin has improved in the last couple of years.
The Gross Margin of 1FSLR (40.05%) is worse than 65.57% of its industry peers.
In the last couple of years the Gross Margin of 1FSLR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.81% | ||
| PM (TTM) | 27.73% | ||
| GM | 40.05% |
OM growth 3Y30.14%
OM growth 5Y38.22%
PM growth 3Y24.2%
PM growth 5YN/A
GM growth 3Y20.94%
GM growth 5Y19.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1FSLR is still creating some value.
Compared to 1 year ago, 1FSLR has about the same amount of shares outstanding.
1FSLR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for 1FSLR has been reduced compared to a year ago.
2.2 Solvency
1FSLR has an Altman-Z score of 5.32. This indicates that 1FSLR is financially healthy and has little risk of bankruptcy at the moment.
1FSLR has a Altman-Z score (5.32) which is in line with its industry peers.
The Debt to FCF ratio of 1FSLR is 1.28, which is an excellent value as it means it would take 1FSLR, only 1.28 years of fcf income to pay off all of its debts.
1FSLR has a better Debt to FCF ratio (1.28) than 67.21% of its industry peers.
1FSLR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.06, 1FSLR belongs to the best of the industry, outperforming 83.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 5.32 |
ROIC/WACC1.01
WACC10.63%
2.3 Liquidity
A Current Ratio of 1.91 indicates that 1FSLR should not have too much problems paying its short term obligations.
1FSLR's Current ratio of 1.91 is on the low side compared to the rest of the industry. 1FSLR is outperformed by 67.21% of its industry peers.
A Quick Ratio of 1.55 indicates that 1FSLR should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.55, 1FSLR is not doing good in the industry: 65.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
1FSLR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.05%, which is quite good.
1FSLR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 52.90% yearly.
1FSLR shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.16%.
1FSLR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.55% yearly.
EPS 1Y (TTM)8.05%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%26.57%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
3.2 Future
Based on estimates for the next years, 1FSLR will show a very strong growth in Earnings Per Share. The EPS will grow by 25.29% on average per year.
The Revenue is expected to grow by 13.24% on average over the next years. This is quite good.
EPS Next Y19.75%
EPS Next 2Y35.88%
EPS Next 3Y31.82%
EPS Next 5Y25.29%
Revenue Next Year21.88%
Revenue Next 2Y21.5%
Revenue Next 3Y18.93%
Revenue Next 5Y13.24%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.48 indicates a rather expensive valuation of 1FSLR.
85.25% of the companies in the same industry are more expensive than 1FSLR, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.92. 1FSLR is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.04, the valuation of 1FSLR can be described as very reasonable.
1FSLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 91.80% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 1FSLR to the average of the S&P500 Index (23.46), we can say 1FSLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
72.13% of the companies in the same industry are more expensive than 1FSLR, based on the Enterprise Value to EBITDA ratio.
1FSLR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1FSLR is cheaper than 62.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.32 | ||
| EV/EBITDA | 12.75 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of 1FSLR may justify a higher PE ratio.
A more expensive valuation may be justified as 1FSLR's earnings are expected to grow with 31.82% in the coming years.
PEG (NY)0.99
PEG (5Y)0.37
EPS Next 2Y35.88%
EPS Next 3Y31.82%
5. Dividend
5.1 Amount
No dividends for 1FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:1FSLR (12/15/2025, 7:00:00 PM)
215.3
-20.7 (-8.77%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners104.73%
Inst Owner ChangeN/A
Ins Owners5.3%
Ins Owner ChangeN/A
Market Cap23.10B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts80.43
Price Target227.02 (5.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.64%
Min EPS beat(2)-2.26%
Max EPS beat(2)17.54%
EPS beat(4)1
Avg EPS beat(4)-8%
Min EPS beat(4)-23.86%
Max EPS beat(4)17.54%
EPS beat(8)5
Avg EPS beat(8)0.2%
EPS beat(12)8
Avg EPS beat(12)6.46%
EPS beat(16)10
Avg EPS beat(16)-20.46%
Revenue beat(2)2
Avg Revenue beat(2)2.29%
Min Revenue beat(2)0.18%
Max Revenue beat(2)4.39%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)4.39%
Revenue beat(8)5
Avg Revenue beat(8)-1.53%
Revenue beat(12)6
Avg Revenue beat(12)-3.33%
Revenue beat(16)7
Avg Revenue beat(16)-6.2%
PT rev (1m)13.4%
PT rev (3m)18.61%
EPS NQ rev (1m)-0.71%
EPS NQ rev (3m)-9.79%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-4.44%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-11.37%
Revenue NY rev (1m)-0.97%
Revenue NY rev (3m)-3.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 11.04 | ||
| P/S | 5.39 | ||
| P/FCF | 44.32 | ||
| P/OCF | 16.75 | ||
| P/B | 3.02 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 12.75 |
EPS(TTM)11.05
EY5.13%
EPS(NY)19.5
Fwd EY9.06%
FCF(TTM)4.86
FCFY2.26%
OCF(TTM)12.86
OCFY5.97%
SpS39.93
BVpS71.28
TBVpS70.63
PEG (NY)0.99
PEG (5Y)0.37
Graham Number133.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.41% | ||
| ROE | 15.53% | ||
| ROCE | 14.52% | ||
| ROIC | 10.69% | ||
| ROICexc | 13.25% | ||
| ROICexgc | 13.38% | ||
| OM | 29.81% | ||
| PM (TTM) | 27.73% | ||
| GM | 40.05% | ||
| FCFM | 12.17% |
ROA(3y)6.05%
ROA(5y)6.01%
ROE(3y)9.29%
ROE(5y)8.59%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y23.05%
ROICexgc growth 5Y27.37%
ROICexc growth 3Y23.15%
ROICexc growth 5Y27.62%
OM growth 3Y30.14%
OM growth 5Y38.22%
PM growth 3Y24.2%
PM growth 5YN/A
GM growth 3Y20.94%
GM growth 5Y19.76%
F-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 197.21% | ||
| Cap/Sales | 20.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.56% | ||
| Profit Quality | 43.88% | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 5.32 |
F-Score5
WACC10.63%
ROIC/WACC1.01
Cap/Depr(3y)381.88%
Cap/Depr(5y)306.48%
Cap/Sales(3y)37.52%
Cap/Sales(5y)29.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.05%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%26.57%
EPS Next Y19.75%
EPS Next 2Y35.88%
EPS Next 3Y31.82%
EPS Next 5Y25.29%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year21.88%
Revenue Next 2Y21.5%
Revenue Next 3Y18.93%
Revenue Next 5Y13.24%
EBIT growth 1Y13.37%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year43.76%
EBIT Next 3Y37.78%
EBIT Next 5Y26.95%
FCF growth 1Y215.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y94.43%
OCF growth 3Y72.43%
OCF growth 5Y47.54%
FIRST SOLAR INC / 1FSLR.MI FAQ
Can you provide the ChartMill fundamental rating for FIRST SOLAR INC?
ChartMill assigns a fundamental rating of 6 / 10 to 1FSLR.MI.
What is the valuation status of FIRST SOLAR INC (1FSLR.MI) stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST SOLAR INC (1FSLR.MI). This can be considered as Undervalued.
What is the profitability of 1FSLR stock?
FIRST SOLAR INC (1FSLR.MI) has a profitability rating of 6 / 10.
What is the valuation of FIRST SOLAR INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST SOLAR INC (1FSLR.MI) is 19.48 and the Price/Book (PB) ratio is 3.02.
What is the expected EPS growth for FIRST SOLAR INC (1FSLR.MI) stock?
The Earnings per Share (EPS) of FIRST SOLAR INC (1FSLR.MI) is expected to grow by 19.75% in the next year.