FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:1FSLR • US3364331070
187.08 EUR
-20.92 (-10.06%)
Last: Jan 29, 2026, 07:00 PM
1FSLR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 63 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 evaluated to be cheap and growing strongly. This does not happen too often! These ratings would make 1FSLR suitable for value and growth investing!
1. Profitability
1.1 Basic Checks
- 1FSLR had positive earnings in the past year.
- In the past year 1FSLR had a positive cash flow from operations.
- 1FSLR had positive earnings in 4 of the past 5 years.
- 1FSLR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- 1FSLR's Return On Assets of 10.41% is fine compared to the rest of the industry. 1FSLR outperforms 61.11% of its industry peers.
- 1FSLR's Return On Equity of 15.53% is in line compared to the rest of the industry. 1FSLR outperforms 56.94% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.69%, 1FSLR is in the better half of the industry, outperforming 61.11% of the companies in the same 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 80.56% 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 75.00% of the companies in the same industry.
- 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 66.67% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1FSLR is destroying value.
- The number of shares outstanding for 1FSLR remains at a similar level compared to 1 year ago.
- 1FSLR has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, 1FSLR has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.15 indicates that 1FSLR is not in any danger for bankruptcy at the moment.
- 1FSLR's Altman-Z score of 5.15 is in line compared to the rest of the industry. 1FSLR outperforms 51.39% 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.
- Looking at the Debt to FCF ratio, with a value of 1.28, 1FSLR is in the better half of the industry, outperforming 65.28% of the companies in the same industry.
- 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 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 5.15 |
ROIC/WACC0.98
WACC10.89%
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 69.44% 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 has a Quick ratio of 1.55. This is in the lower half of the industry: 1FSLR underperforms 66.67% 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%.
- 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 25.14% on average per year.
- Based on estimates for the next years, 1FSLR will show a quite strong growth in Revenue. The Revenue will grow by 13.30% on average per year.
EPS Next Y19.75%
EPS Next 2Y35.88%
EPS Next 3Y31.82%
EPS Next 5Y25.14%
Revenue Next Year21.88%
Revenue Next 2Y21.26%
Revenue Next 3Y18.79%
Revenue Next 5Y13.3%
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
- The Price/Earnings ratio is 16.69, which indicates a correct valuation of 1FSLR.
- Based on the Price/Earnings ratio, 1FSLR is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. 1FSLR is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 9.46, which indicates a very decent valuation of 1FSLR.
- 1FSLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 95.83% of the companies in the same industry.
- 1FSLR is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.69 | ||
| Fwd PE | 9.46 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1FSLR indicates a somewhat cheap valuation: 1FSLR is cheaper than 79.17% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, 1FSLR is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.95 | ||
| EV/EBITDA | 12.1 |
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.
- 1FSLR's earnings are expected to grow with 31.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)0.32
EPS Next 2Y35.88%
EPS Next 3Y31.82%
5. Dividend
5.1 Amount
- No dividends for 1FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 16.69 and the Price/Book (PB) ratio is 2.59.