FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FSLR - US3364331070 - Common Stock
236 EUR
+2.7 (+1.16%)
We assign a fundamental rating of 6 out of 10 to 1FSLR. 1FSLR was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of 1FSLR get a neutral evaluation. Nothing too spectacular is happening here. 1FSLR is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make 1FSLR suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year 1FSLR was profitable.
In the past year 1FSLR had a positive cash flow from operations.
1FSLR had positive earnings in 4 of the past 5 years.
In the past 5 years 1FSLR always reported a positive cash flow from operatings.
1.2 Ratios
1FSLR has a Return On Assets of 10.41%. This is in the better half of the industry: 1FSLR outperforms 64.52% of its industry peers.
The Return On Equity of 1FSLR (15.53%) is better than 62.90% of its industry peers.
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
The Profit Margin of 1FSLR (27.73%) is better than 82.26% 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 79.03% of the companies in the same industry.
1FSLR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.05%, 1FSLR is doing worse than 62.90% of the companies in the same industry.
1FSLR's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1FSLR is destroying value.
The number of shares outstanding for 1FSLR remains at a similar level compared to 1 year ago.
Compared to 5 years ago, 1FSLR has more shares outstanding
Compared to 1 year ago, 1FSLR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.63 indicates that 1FSLR is not in any danger for bankruptcy at the moment.
1FSLR has a Altman-Z score of 5.63. This is comparable to the rest of the industry: 1FSLR outperforms 48.39% of 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 66.13% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that 1FSLR is not too dependend on debt financing.
1FSLR has a better Debt to Equity ratio (0.06) than 82.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 5.63 |
ROIC/WACC1
WACC10.73%
2.3 Liquidity
1FSLR has a Current Ratio of 1.91. This is a normal value and indicates that 1FSLR is financially healthy and should not expect problems in meeting its short term obligations.
1FSLR has a Current ratio of 1.91. This is in the lower half of the industry: 1FSLR underperforms 66.13% of its industry peers.
A Quick Ratio of 1.55 indicates that 1FSLR should not have too much problems paying its short term obligations.
1FSLR has a Quick ratio of 1.55. This is in the lower half of the industry: 1FSLR underperforms 61.29% of its industry peers.
| 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%.
The Revenue has been growing slightly by 6.55% on average over the past years.
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.
1FSLR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.02% yearly.
EPS Next Y20.89%
EPS Next 2Y36.43%
EPS Next 3Y32.59%
EPS Next 5Y25.29%
Revenue Next Year23.08%
Revenue Next 2Y21.26%
Revenue Next 3Y18.94%
Revenue Next 5Y13.02%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 21.11, 1FSLR is valued on the expensive side.
Based on the Price/Earnings ratio, 1FSLR is valued a bit cheaper than 72.58% of the companies in the same industry.
1FSLR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 11.86 indicates a reasonable valuation of 1FSLR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1FSLR indicates a rather cheap valuation: 1FSLR is cheaper than 93.55% of the companies listed in the same industry.
1FSLR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
1FSLR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1FSLR is cheaper than 61.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1FSLR is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.98 | ||
| EV/EBITDA | 13.86 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1FSLR has a very decent profitability rating, which may justify a higher PE ratio.
1FSLR's earnings are expected to grow with 32.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)0.4
EPS Next 2Y36.43%
EPS Next 3Y32.59%
5. Dividend
5.1 Amount
No dividends for 1FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1FSLR (11/6/2025, 7:00:00 PM)
236
+2.7 (+1.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners106.4%
Inst Owner ChangeN/A
Ins Owners5.34%
Ins Owner ChangeN/A
Market Cap25.31B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts81.28
Price Target200.2 (-15.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)4.55%
PT rev (3m)6.62%
EPS NQ rev (1m)-8.46%
EPS NQ rev (3m)-10%
EPS NY rev (1m)-3.73%
EPS NY rev (3m)-1.57%
Revenue NQ rev (1m)-11.5%
Revenue NQ rev (3m)-12.22%
Revenue NY rev (1m)-2.45%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 11.86 | ||
| P/S | 5.84 | ||
| P/FCF | 47.98 | ||
| P/OCF | 18.13 | ||
| P/B | 3.27 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 13.86 |
EPS(TTM)11.18
EY4.74%
EPS(NY)19.89
Fwd EY8.43%
FCF(TTM)4.92
FCFY2.08%
OCF(TTM)13.02
OCFY5.52%
SpS40.43
BVpS72.17
TBVpS71.51
PEG (NY)1.01
PEG (5Y)0.4
Graham Number134.73
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 | 5.63 |
F-Score5
WACC10.73%
ROIC/WACC1
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 Y20.89%
EPS Next 2Y36.43%
EPS Next 3Y32.59%
EPS Next 5Y25.29%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year23.08%
Revenue Next 2Y21.26%
Revenue Next 3Y18.94%
Revenue Next 5Y13.02%
EBIT growth 1Y13.37%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year50.42%
EBIT Next 3Y37.57%
EBIT Next 5Y26.64%
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 5 / 10 to 1FSLR.MI.
What is the valuation status of FIRST SOLAR INC (1FSLR.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to FIRST SOLAR INC (1FSLR.MI). This can be considered as Fairly Valued.
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 21.11 and the Price/Book (PB) ratio is 3.27.
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 20.89% in the next year.