FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - BIT:1FSLR - US3364331070 - Common Stock
207.75 EUR
+7.65 (+3.82%)
Taking everything into account, 1FSLR scores 5 out of 10 in our fundamental rating. 1FSLR was compared to 59 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 growing strongly while it is still valued neutral. This is a good combination!
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.
1FSLR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 9.78%, 1FSLR perfoms like the industry average, outperforming 52.54% of the companies in the same industry.
1FSLR has a Return On Equity of 14.71%. This is comparable to the rest of the industry: 1FSLR outperforms 50.85% of its industry peers.
1FSLR's Return On Invested Capital of 9.82% is in line compared to the rest of the industry. 1FSLR outperforms 52.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.78% | ||
| ROE | 14.71% | ||
| ROIC | 9.82% |
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 28.95% is amongst the best of the industry. 1FSLR outperforms 81.36% of its industry peers.
In the last couple of years the Profit Margin of 1FSLR has grown nicely.
1FSLR has a better Operating Margin (31.35%) than 79.66% of its industry peers.
1FSLR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 42.76%, 1FSLR is in line with its industry, outperforming 44.07% of the companies in the same industry.
1FSLR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.35% | ||
| PM (TTM) | 28.95% | ||
| GM | 42.76% |
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
1FSLR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
The debt/assets ratio for 1FSLR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.15 indicates that 1FSLR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.15, 1FSLR is in line with its industry, outperforming 49.15% of the companies in the same industry.
1FSLR has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.09, 1FSLR is doing good in the industry, outperforming 72.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.15 |
ROIC/WACC0.86
WACC11.47%
2.3 Liquidity
1FSLR has a Current Ratio of 1.90. This is a normal value and indicates that 1FSLR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of 1FSLR (1.90) is worse than 62.71% of its industry peers.
1FSLR has a Quick Ratio of 1.41. This is a normal value and indicates that 1FSLR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.41, 1FSLR is doing worse than 66.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.30% over the past year.
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 quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.39%.
The Revenue has been growing slightly by 6.55% on average over the past years.
EPS 1Y (TTM)8.3%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%-2.15%
Revenue 1Y (TTM)15.39%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%8.58%
3.2 Future
1FSLR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.03% yearly.
Based on estimates for the next years, 1FSLR will show a quite strong growth in Revenue. The Revenue will grow by 12.57% on average per year.
EPS Next Y25.57%
EPS Next 2Y37.91%
EPS Next 3Y32.31%
EPS Next 5Y22.03%
Revenue Next Year26.16%
Revenue Next 2Y22.27%
Revenue Next 3Y18.9%
Revenue Next 5Y12.57%
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
1FSLR is valuated rather expensively with a Price/Earnings ratio of 19.86.
Based on the Price/Earnings ratio, 1FSLR is valued a bit cheaper than the industry average as 77.97% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.83, 1FSLR is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.17 indicates a reasonable valuation of 1FSLR.
1FSLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 94.92% of the companies 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 22.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1FSLR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.67 |
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.
1FSLR has a very decent profitability rating, which may justify a higher PE ratio.
1FSLR's earnings are expected to grow with 32.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)0.38
EPS Next 2Y37.91%
EPS Next 3Y32.31%
5. Dividend
5.1 Amount
No dividends for 1FSLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1FSLR (10/16/2025, 7:00:00 PM)
207.75
+7.65 (+3.82%)
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 Cap22.28B
Revenue(TTM)4.34B
Net Income(TTM)1.26B
Analysts82.17
Price Target191.49 (-7.83%)
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)-2.93%
Min EPS beat(2)-23.4%
Max EPS beat(2)17.54%
EPS beat(4)2
Avg EPS beat(4)-6.25%
Min EPS beat(4)-23.86%
Max EPS beat(4)17.54%
EPS beat(8)6
Avg EPS beat(8)2.86%
EPS beat(12)8
Avg EPS beat(12)1.19%
EPS beat(16)10
Avg EPS beat(16)-22.2%
Revenue beat(2)1
Avg Revenue beat(2)1.53%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)4.39%
Revenue beat(4)2
Avg Revenue beat(4)-3.69%
Min Revenue beat(4)-19.01%
Max Revenue beat(4)4.39%
Revenue beat(8)4
Avg Revenue beat(8)-3.08%
Revenue beat(12)5
Avg Revenue beat(12)-4.82%
Revenue beat(16)6
Avg Revenue beat(16)-7.24%
PT rev (1m)0.73%
PT rev (3m)7.73%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)-3.03%
EPS NY rev (1m)0.21%
EPS NY rev (3m)2.24%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)11.21%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)4.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 10.17 | ||
| P/S | 5.95 | ||
| P/FCF | N/A | ||
| P/OCF | 86.43 | ||
| P/B | 3.02 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 13.67 |
EPS(TTM)10.46
EY5.03%
EPS(NY)20.42
Fwd EY9.83%
FCF(TTM)-7.58
FCFYN/A
OCF(TTM)2.4
OCFY1.16%
SpS34.93
BVpS68.73
TBVpS68.07
PEG (NY)0.78
PEG (5Y)0.38
Graham Number127.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.78% | ||
| ROE | 14.71% | ||
| ROCE | 13.61% | ||
| ROIC | 9.82% | ||
| ROICexc | 11.04% | ||
| ROICexgc | 11.14% | ||
| OM | 31.35% | ||
| PM (TTM) | 28.95% | ||
| GM | 42.76% | ||
| FCFM | N/A |
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-Score3
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 255.41% | ||
| Cap/Sales | 28.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 16.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 5.15 |
F-Score3
WACC11.47%
ROIC/WACC0.86
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)8.3%
EPS 3Y56.95%
EPS 5Y52.9%
EPS Q2Q%-2.15%
EPS Next Y25.57%
EPS Next 2Y37.91%
EPS Next 3Y32.31%
EPS Next 5Y22.03%
Revenue 1Y (TTM)15.39%
Revenue growth 3Y12.89%
Revenue growth 5Y6.55%
Sales Q2Q%8.58%
Revenue Next Year26.16%
Revenue Next 2Y22.27%
Revenue Next 3Y18.9%
Revenue Next 5Y12.57%
EBIT growth 1Y6.46%
EBIT growth 3Y46.92%
EBIT growth 5Y47.27%
EBIT Next Year50.42%
EBIT Next 3Y37.57%
EBIT Next 5Y25.4%
FCF growth 1Y-87.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.64%
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 6 / 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 19.86 and the Price/Book (PB) ratio is 3.02.
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 25.57% in the next year.