FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis

BIT:1FSLR • US3364331070

184.5 EUR
-2.58 (-1.38%)
Last: Feb 12, 2026, 07:00 PM
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to 1FSLR. 1FSLR was compared to 66 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. An interesting combination arises when we look at growth and value: 1FSLR is growing strongly while it also seems undervalued. These ratings would make 1FSLR suitable for value and growth investing!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year 1FSLR was profitable.
  • 1FSLR had a positive operating cash flow in the past year.
  • Of the past 5 years 1FSLR 4 years were profitable.
  • 1FSLR had a positive operating cash flow in each of the past 5 years.
1FSLR.MI Yearly Net Income VS EBIT VS OCF VS FCF1FSLR.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

1.2 Ratios

  • 1FSLR has a Return On Assets of 10.41%. This is in the better half of the industry: 1FSLR outperforms 60.61% of its industry peers.
  • 1FSLR's Return On Equity of 15.53% is in line compared to the rest of the industry. 1FSLR outperforms 51.52% of its industry peers.
  • The Return On Invested Capital of 1FSLR (10.69%) is comparable to the rest of the industry.
Industry RankSector 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
1FSLR.MI Yearly ROA, ROE, ROIC1FSLR.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

  • 1FSLR has a better Profit Margin (27.73%) than 77.27% of its industry peers.
  • In the last couple of years the Profit Margin of 1FSLR has grown nicely.
  • 1FSLR has a better Operating Margin (29.81%) than 72.73% of its industry peers.
  • 1FSLR's Operating Margin has improved in the last couple of years.
  • 1FSLR has a Gross Margin of 40.05%. This is in the lower half of the industry: 1FSLR underperforms 68.18% of its industry peers.
  • 1FSLR's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
1FSLR.MI Yearly Profit, Operating, Gross Margins1FSLR.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30 40

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1FSLR is destroying value.
  • Compared to 1 year ago, 1FSLR has about the same amount of shares outstanding.
  • The number of shares outstanding for 1FSLR has been increased compared to 5 years ago.
  • 1FSLR has a better debt/assets ratio than last year.
1FSLR.MI Yearly Shares Outstanding1FSLR.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
1FSLR.MI Yearly Total Debt VS Total Assets1FSLR.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 4.79 indicates that 1FSLR is not in any danger for bankruptcy at the moment.
  • 1FSLR has a Altman-Z score (4.79) which is comparable to the rest of the industry.
  • 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 Debt to FCF ratio of 1.28. This is in the better half of the industry: 1FSLR outperforms 71.21% of its industry peers.
  • A Debt/Equity ratio of 0.06 indicates that 1FSLR is not too dependend on debt financing.
  • 1FSLR's Debt to Equity ratio of 0.06 is amongst the best of the industry. 1FSLR outperforms 86.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 1.28
Altman-Z 4.79
ROIC/WACC1
WACC10.73%
1FSLR.MI Yearly LT Debt VS Equity VS FCF1FSLR.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

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 74.24% of its industry peers.
  • 1FSLR has a Quick Ratio of 1.55. This is a normal value and indicates that 1FSLR is financially healthy and should not expect problems in meeting its short term obligations.
  • 1FSLR's Quick ratio of 1.55 is on the low side compared to the rest of the industry. 1FSLR is outperformed by 71.21% of its industry peers.
Industry RankSector Rank
Current Ratio 1.91
Quick Ratio 1.55
1FSLR.MI Yearly Current Assets VS Current Liabilites1FSLR.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

7

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.
  • Looking at the last year, 1FSLR shows a very strong growth in Revenue. 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

  • The Earnings Per Share is expected to grow by 25.14% on average over the next years. This is a very strong growth
  • 1FSLR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.30% yearly.
EPS Next Y19.76%
EPS Next 2Y35.65%
EPS Next 3Y32.21%
EPS Next 5Y25.14%
Revenue Next Year21.81%
Revenue Next 2Y20.97%
Revenue Next 3Y18.73%
Revenue Next 5Y13.3%

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.
1FSLR.MI Yearly Revenue VS Estimates1FSLR.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B
1FSLR.MI Yearly EPS VS Estimates1FSLR.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 10 20 30

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 16.65, the valuation of 1FSLR can be described as correct.
  • 1FSLR's Price/Earnings ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 92.42% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of 1FSLR to the average of the S&P500 Index (26.99), we can say 1FSLR is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 9.47, the valuation of 1FSLR can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 1FSLR indicates a rather cheap valuation: 1FSLR is cheaper than 95.45% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, 1FSLR is valued rather cheaply.
Industry RankSector Rank
PE 16.65
Fwd PE 9.47
1FSLR.MI Price Earnings VS Forward Price Earnings1FSLR.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 1FSLR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 81.82% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1FSLR indicates a rather cheap valuation: 1FSLR is cheaper than 81.82% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 37.87
EV/EBITDA 10.79
1FSLR.MI Per share data1FSLR.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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 32.21% in the coming years.
PEG (NY)0.84
PEG (5Y)0.31
EPS Next 2Y35.65%
EPS Next 3Y32.21%

0

5. Dividend

5.1 Amount

  • No dividends for 1FSLR!.
Industry RankSector Rank
Dividend Yield 0%

FIRST SOLAR INC

BIT:1FSLR (2/12/2026, 7:00:00 PM)

184.5

-2.58 (-1.38%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-30
Earnings (Next)02-24
Inst Owners104.86%
Inst Owner ChangeN/A
Ins Owners5.3%
Ins Owner ChangeN/A
Market Cap19.80B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts80.43
Price Target228.22 (23.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)0.53%
PT rev (3m)19.18%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)-8.69%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-12.45%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-3.22%
Valuation
Industry RankSector Rank
PE 16.65
Fwd PE 9.47
P/S 4.61
P/FCF 37.87
P/OCF 14.31
P/B 2.58
P/tB 2.6
EV/EBITDA 10.79
EPS(TTM)11.08
EY6.01%
EPS(NY)19.49
Fwd EY10.56%
FCF(TTM)4.87
FCFY2.64%
OCF(TTM)12.89
OCFY6.99%
SpS40.05
BVpS71.48
TBVpS70.83
PEG (NY)0.84
PEG (5Y)0.31
Graham Number133.49
Profitability
Industry RankSector 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 RankSector 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 4.79
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 Y19.76%
EPS Next 2Y35.65%
EPS Next 3Y32.21%
EPS Next 5Y25.14%
Revenue 1Y (TTM)31.16%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%79.67%
Revenue Next Year21.81%
Revenue Next 2Y20.97%
Revenue Next 3Y18.73%
Revenue Next 5Y13.3%
EBIT growth 1Y13.37%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year43.7%
EBIT Next 3Y37.73%
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 for 1FSLR stock?

ChartMill assigns a valuation rating of 8 / 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.


Can you provide the PE and PB ratios for 1FSLR stock?

The Price/Earnings (PE) ratio for FIRST SOLAR INC (1FSLR.MI) is 16.65 and the Price/Book (PB) ratio is 2.58.