FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FSLR - US3364331070 - Common Stock
215.3 EUR
-18 (-7.72%)
Overall 1FSLR gets a fundamental rating of 6 out of 10. We evaluated 1FSLR against 65 industry peers in the Semiconductors & Semiconductor Equipment industry. 1FSLR has only an average score on both its financial health and profitability. 1FSLR has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make 1FSLR a good candidate 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.
1FSLR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.41%, 1FSLR is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
1FSLR has a better Return On Equity (15.53%) than 62.90% of its industry peers.
1FSLR has a Return On Invested Capital (10.69%) which is in line with its industry peers.
| 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.
The Operating Margin of 1FSLR (29.81%) is better than 79.03% of its industry peers.
1FSLR's Operating Margin has improved in the last couple of years.
1FSLR's Gross Margin of 40.05% is on the low side compared to the rest of the industry. 1FSLR is outperformed by 62.90% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1FSLR is destroying value.
1FSLR has about the same amout of shares outstanding than it did 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
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.
The Altman-Z score of 1FSLR (5.63) 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.
Looking at the Debt to FCF ratio, with a value of 1.28, 1FSLR is in the better half of the industry, outperforming 66.13% of the companies in the same industry.
1FSLR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
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
A Current Ratio of 1.91 indicates that 1FSLR should not have too much problems paying 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.
A Quick Ratio of 1.55 indicates that 1FSLR should not have too much problems paying 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 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.
Measured over the past years, 1FSLR shows a very strong growth in Earnings Per Share. The EPS has been growing by 52.90% on average per year.
Looking at the last year, 1FSLR shows a very strong growth in Revenue. The Revenue has grown by 31.16%.
Measured over the past years, 1FSLR shows a small growth in Revenue. The Revenue has been growing by 6.55% on average per year.
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
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
With a Price/Earnings ratio of 19.26, 1FSLR is valued on the expensive side.
72.58% of the companies in the same industry are more expensive than 1FSLR, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.43, 1FSLR is valued a bit cheaper.
The Price/Forward Earnings ratio is 10.82, which indicates a very decent valuation of 1FSLR.
Based on the Price/Forward Earnings ratio, 1FSLR is valued cheaply inside the industry as 93.55% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of 1FSLR to the average of the S&P500 Index (23.66), we can say 1FSLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.26 | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1FSLR is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
61.29% of the companies in the same industry are more expensive than 1FSLR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.77 | ||
| EV/EBITDA | 13.86 |
4.3 Compensation for Growth
1FSLR's 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 32.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.92
PEG (5Y)0.36
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 (12/15/2025, 7:00:00 PM)
215.3
-18 (-7.72%)
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 Cap23.09B
Revenue(TTM)5.05B
Net Income(TTM)1.40B
Analysts81.28
Price Target200.2 (-7.01%)
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 | 19.26 | ||
| Fwd PE | 10.82 | ||
| P/S | 5.33 | ||
| P/FCF | 43.77 | ||
| P/OCF | 16.54 | ||
| P/B | 2.98 | ||
| P/tB | 3.01 | ||
| EV/EBITDA | 13.86 |
EPS(TTM)11.18
EY5.19%
EPS(NY)19.89
Fwd EY9.24%
FCF(TTM)4.92
FCFY2.28%
OCF(TTM)13.02
OCFY6.05%
SpS40.43
BVpS72.17
TBVpS71.51
PEG (NY)0.92
PEG (5Y)0.36
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 19.26 and the Price/Book (PB) ratio is 2.98.
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.