19.38 USD
-0.01 (-0.05%)
19.45 USD
+0.07 (+0.36%)
CSIQ gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. CSIQ has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, CSIQ is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CSIQ has reported negative net income.
In the past year CSIQ has reported a negative cash flow from operations.
Each year in the past 5 years CSIQ has been profitable.
In multiple years CSIQ reported negative operating cash flow during the last 5 years.
1.2 Ratios
CSIQ's Return On Assets of 0.11% is in line compared to the rest of the industry. CSIQ outperforms 51.33% of its industry peers.
CSIQ has a Return On Equity of 0.56%. This is comparable to the rest of the industry: CSIQ outperforms 51.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.11% | ||
| ROE | 0.56% | ||
| ROIC | N/A |
ROA(3y)1.74%
ROA(5y)1.75%
ROE(3y)8.12%
ROE(5y)7.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.27%, CSIQ perfoms like the industry average, outperforming 50.44% of the companies in the same industry.
In the last couple of years the Profit Margin of CSIQ has declined.
Looking at the Gross Margin, with a value of 18.97%, CSIQ is doing worse than 81.42% of the companies in the same industry.
CSIQ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.27% | ||
| GM | 18.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.67%
PM growth 5Y-35.43%
GM growth 3Y-1.09%
GM growth 5Y-5.77%
2. Health
2.1 Basic Checks
CSIQ does not have a ROIC to compare to the WACC, probably because it is not profitable.
CSIQ has more shares outstanding than it did 1 year ago.
CSIQ has more shares outstanding than it did 5 years ago.
CSIQ has a worse debt/assets ratio than last year.
2.2 Solvency
CSIQ has an Altman-Z score of 0.63. This is a bad value and indicates that CSIQ is not financially healthy and even has some risk of bankruptcy.
CSIQ's Altman-Z score of 0.63 is on the low side compared to the rest of the industry. CSIQ is outperformed by 73.45% of its industry peers.
CSIQ has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
CSIQ has a worse Debt to Equity ratio (1.60) than 89.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.63 |
ROIC/WACCN/A
WACC4.71%
2.3 Liquidity
A Current Ratio of 1.07 indicates that CSIQ should not have too much problems paying its short term obligations.
CSIQ has a worse Current ratio (1.07) than 90.27% of its industry peers.
CSIQ has a Quick Ratio of 1.07. This is a bad value and indicates that CSIQ is not financially healthy enough and could expect problems in meeting its short term obligations.
CSIQ has a Quick ratio of 0.86. This is amonst the worse of the industry: CSIQ underperforms 89.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
CSIQ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27000.00%.
Measured over the past years, CSIQ shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -28.29% on average per year.
CSIQ shows a decrease in Revenue. In the last year, the revenue decreased by -4.46%.
The Revenue has been growing by 13.37% on average over the past years. This is quite good.
EPS 1Y (TTM)-27000%
EPS 3Y-26.92%
EPS 5Y-28.29%
EPS Q2Q%66.67%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y4.33%
Revenue growth 5Y13.37%
Sales Q2Q%-1.34%
3.2 Future
The Earnings Per Share is expected to grow by 52.21% on average over the next years. This is a very strong growth
CSIQ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.23% yearly.
EPS Next Y9.35%
EPS Next 2Y62.85%
EPS Next 3Y43.37%
EPS Next 5Y52.21%
Revenue Next Year-6.68%
Revenue Next 2Y10.13%
Revenue Next 3Y11.06%
Revenue Next 5Y7.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSIQ. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 20.64, the valuation of CSIQ can be described as rather expensive.
85.84% of the companies in the same industry are more expensive than CSIQ, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.92. CSIQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CSIQ indicates a rather cheap valuation: CSIQ is cheaper than 90.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.82 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CSIQ's earnings are expected to grow with 43.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.85%
EPS Next 3Y43.37%
5. Dividend
5.1 Amount
No dividends for CSIQ!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
19.38
-0.01 (-0.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners40.01%
Inst Owner Change-0.55%
Ins Owners21.18%
Ins Owner ChangeN/A
Market Cap1.30B
Revenue(TTM)5.90B
Net Income(TTM)16.11M
Analysts51.76
Price Target21.53 (11.09%)
Short Float %22.45%
Short Ratio1.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.47%
Min EPS beat(2)-104.86%
Max EPS beat(2)85.92%
EPS beat(4)2
Avg EPS beat(4)-350.99%
Min EPS beat(4)-1389.64%
Max EPS beat(4)85.92%
EPS beat(8)3
Avg EPS beat(8)-35.82%
EPS beat(12)6
Avg EPS beat(12)-13.19%
EPS beat(16)9
Avg EPS beat(16)13.65%
Revenue beat(2)1
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-14.75%
Max Revenue beat(2)6.7%
Revenue beat(4)2
Avg Revenue beat(4)-1.53%
Min Revenue beat(4)-14.75%
Max Revenue beat(4)7.03%
Revenue beat(8)4
Avg Revenue beat(8)-2.31%
Revenue beat(12)5
Avg Revenue beat(12)-3.16%
Revenue beat(16)6
Avg Revenue beat(16)-3.56%
PT rev (1m)0%
PT rev (3m)70.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-52.36%
EPS NY rev (1m)-53.63%
EPS NY rev (3m)-10.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.64 | ||
| P/S | 0.22 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.45 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 11.82 |
EPS(TTM)-2.69
EYN/A
EPS(NY)0.94
Fwd EY4.84%
FCF(TTM)-25.95
FCFYN/A
OCF(TTM)-1.81
OCFYN/A
SpS88.09
BVpS42.83
TBVpS42.35
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.11% | ||
| ROE | 0.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.27% | ||
| GM | 18.97% | ||
| FCFM | N/A |
ROA(3y)1.74%
ROA(5y)1.75%
ROE(3y)8.12%
ROE(5y)7.8%
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 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.67%
PM growth 5Y-35.43%
GM growth 3Y-1.09%
GM growth 5Y-5.77%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.55 | ||
| Cap/Depr | 322.43% | ||
| Cap/Sales | 27.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.63 |
F-Score5
WACC4.71%
ROIC/WACCN/A
Cap/Depr(3y)379.19%
Cap/Depr(5y)289.93%
Cap/Sales(3y)19.88%
Cap/Sales(5y)15.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27000%
EPS 3Y-26.92%
EPS 5Y-28.29%
EPS Q2Q%66.67%
EPS Next Y9.35%
EPS Next 2Y62.85%
EPS Next 3Y43.37%
EPS Next 5Y52.21%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y4.33%
Revenue growth 5Y13.37%
Sales Q2Q%-1.34%
Revenue Next Year-6.68%
Revenue Next 2Y10.13%
Revenue Next 3Y11.06%
Revenue Next 5Y7.23%
EBIT growth 1Y-120.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year432.83%
EBIT Next 3Y105.82%
EBIT Next 5Y64.05%
FCF growth 1Y-227.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-229.32%
OCF growth 3YN/A
OCF growth 5YN/A
CANADIAN SOLAR INC / CSIQ FAQ
Can you provide the ChartMill fundamental rating for CANADIAN SOLAR INC?
ChartMill assigns a fundamental rating of 2 / 10 to CSIQ.
What is the valuation status of CANADIAN SOLAR INC (CSIQ) stock?
ChartMill assigns a valuation rating of 3 / 10 to CANADIAN SOLAR INC (CSIQ). This can be considered as Overvalued.
What is the profitability of CSIQ stock?
CANADIAN SOLAR INC (CSIQ) has a profitability rating of 2 / 10.
How financially healthy is CANADIAN SOLAR INC?
The financial health rating of CANADIAN SOLAR INC (CSIQ) is 0 / 10.