FIRST SOLAR INC (1FSLR.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FSLR - US3364331070 - Common Stock
236 EUR
+2.7 (+1.16%)
Taking everything into account, 1FSLR scores 6 out of 10 in our fundamental rating. 1FSLR was compared to 65 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 not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, 1FSLR could be worth investigating further for 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.
1FSLR had positive earnings in 4 of the past 5 years.
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.
1FSLR has a better Return On Equity (15.53%) than 62.90% of its industry peers.
1FSLR's Return On Invested Capital of 10.69% is in line compared to the rest of the industry. 1FSLR outperforms 59.68% of 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 has a Profit Margin of 27.73%. This is amongst the best in the industry. 1FSLR outperforms 82.26% of its industry peers.
1FSLR's Profit Margin has improved in the last couple of years.
The Operating Margin of 1FSLR (29.81%) is better than 79.03% of its industry peers.
In the last couple of years the Operating Margin of 1FSLR has grown nicely.
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.
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
1FSLR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
The debt/assets ratio for 1FSLR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.63 indicates that 1FSLR is not in any danger for 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.
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 better Debt to FCF ratio (1.28) than 66.13% of its industry peers.
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.
1FSLR's Current ratio of 1.91 is on the low side compared to the rest of the industry. 1FSLR is outperformed by 66.13% of its industry peers.
A Quick Ratio of 1.55 indicates that 1FSLR should not have too much problems paying its short term obligations.
The Quick ratio of 1FSLR (1.55) is worse than 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.
1FSLR shows a strong growth in Revenue. In the last year, 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
1FSLR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.29% yearly.
The Revenue is expected to grow by 13.02% on average over the next years. This is quite good.
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.
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
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.
When comparing the Price/Earnings ratio of 1FSLR to the average of the S&P500 Index (26.49), we can say 1FSLR is valued slightly cheaper.
1FSLR is valuated reasonably with a Price/Forward Earnings ratio of 11.86.
1FSLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1FSLR is cheaper than 93.55% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 1FSLR to the average of the S&P500 Index (23.69), we can say 1FSLR is valued slightly cheaper.
| 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.
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 | 47.98 | ||
| EV/EBITDA | 13.86 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1FSLR has a very decent profitability rating, which 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.