FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FSLR - US3364331070 - Common Stock
236 EUR
+2.7 (+1.16%)
1FSLR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 62 industry peers in the Semiconductors & Semiconductor Equipment industry. 1FSLR has an average financial health and profitability rating. 1FSLR is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, 1FSLR could be worth investigating further 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.
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 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.
With a Return On Invested Capital value of 10.69%, 1FSLR perfoms like the industry average, outperforming 59.68% 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's Profit Margin of 27.73% is amongst the best of the industry. 1FSLR outperforms 82.26% of its industry peers.
In the last couple of years the Profit Margin of 1FSLR has grown nicely.
1FSLR has a Operating Margin of 29.81%. This is in the better half of the industry: 1FSLR outperforms 79.03% of its industry peers.
In the last couple of years the Operating Margin of 1FSLR has grown nicely.
With a Gross Margin value of 40.05%, 1FSLR is not doing good in the industry: 62.90% of the companies in the same industry are doing better.
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.
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.
Compared to 1 year ago, 1FSLR has an improved debt to assets ratio.
2.2 Solvency
1FSLR has an Altman-Z score of 5.63. This indicates that 1FSLR is financially healthy and has little risk of bankruptcy at the moment.
1FSLR's Altman-Z score of 5.63 is in line compared to the rest of the industry. 1FSLR outperforms 48.39% of its industry peers.
1FSLR has a debt to FCF ratio of 1.28. This is a very positive value and a sign of high solvency as it would only need 1.28 years to pay back of 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 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.
With a Current ratio value of 1.91, 1FSLR is not doing good in the industry: 66.13% of the companies in the same industry are doing better.
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 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
1FSLR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.29% yearly.
Based on estimates for the next years, 1FSLR will show a quite strong growth in Revenue. The Revenue will grow by 13.02% on average per year.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.11, the valuation of 1FSLR can be described as rather expensive.
1FSLR's Price/Earnings ratio is a bit cheaper when compared to the industry. 1FSLR is cheaper than 72.58% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. 1FSLR is around the same levels.
Based on the Price/Forward Earnings ratio of 11.86, the valuation of 1FSLR can be described as reasonable.
93.55% of the companies in the same industry are more expensive than 1FSLR, based on the Price/Forward Earnings ratio.
1FSLR is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
61.29% of the companies in the same industry are more expensive than 1FSLR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 1FSLR is valued a bit cheaper than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.98 | ||
| EV/EBITDA | 13.86 |
4.3 Compensation for Growth
1FSLR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 32.59% in the coming years.
PEG (NY)1.01
PEG (5Y)0.4
EPS Next 2Y36.43%
EPS Next 3Y32.59%
5. Dividend
5.1 Amount
1FSLR does not give a dividend.
| 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.