FTC SOLAR INC (FTCI)
US30320C1036 - Common Stock
We assign a fundamental rating of 2 out of 10 to FTCI. FTCI was compared to 89 industry peers in the Electrical Equipment industry. FTCI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FTCI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FTCI has reported negative net income.
FTCI had a negative operating cash flow in the past year.
In the past 5 years FTCI always reported negative net income.
In the past 5 years FTCI reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of FTCI (-51.86%) is worse than 75.00% of its industry peers.
Looking at the Return On Equity, with a value of -156.37%, FTCI is doing worse than 73.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -51.86% | ||
| ROE | -156.37% | ||
| ROIC | N/A |
ROA(3y)-52.95%
ROA(5y)-44.21%
ROE(3y)-101.62%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FTCI does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FTCI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FTCI has been reduced compared to 1 year ago.
FTCI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of -5.48, we must say that FTCI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -5.48, FTCI is doing worse than 84.09% of the companies in the same industry.
FTCI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -5.48 |
ROIC/WACCN/A
WACC11.1%
2.3 Liquidity
FTCI has a Current Ratio of 1.33. This is a normal value and indicates that FTCI is financially healthy and should not expect problems in meeting its short term obligations.
FTCI has a worse Current ratio (1.33) than 75.00% of its industry peers.
A Quick Ratio of 1.07 indicates that FTCI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.07, FTCI is not doing good in the industry: 60.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The earnings per share for FTCI have decreased strongly by -12.50% in the last year.
Looking at the last year, FTCI shows a very negative growth in Revenue. The Revenue has decreased by -55.88% in the last year.
FTCI shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -12.16% yearly.
EPS 1Y (TTM)-12.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
Revenue 1Y (TTM)-55.88%
Revenue growth 3Y-12.16%
Revenue growth 5YN/A
Sales Q2Q%-66.82%
3.2 Future
FTCI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.53% yearly.
The Revenue is expected to grow by 33.84% on average over the next years. This is a very strong growth
EPS Next Y-1122.24%
EPS Next 2Y-148.1%
EPS Next 3Y5.79%
EPS Next 5Y36.53%
Revenue Next Year-63.75%
Revenue Next 2Y4.28%
Revenue Next 3Y23.72%
Revenue Next 5Y33.84%
3.3 Evolution
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
The Price/Earnings Ratio is negative for FTCI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for FTCI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-148.1%
EPS Next 3Y5.79%
5. Dividend
5.1 Amount
No dividends for FTCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FTC SOLAR INC
NASDAQ:FTCI (1/10/2025, 9:43:05 AM)
4.51
-0.33 (-6.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners16.1%
Inst Owner Change0%
Ins Owners17.14%
Ins Owner Change17.21%
Market Cap57.64M
Analysts78.33
Price Target9.01 (99.78%)
Short Float %N/A
Short Ratio0.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.31%
Min EPS beat(2)-15%
Max EPS beat(2)-1.62%
EPS beat(4)0
Avg EPS beat(4)-6.35%
Min EPS beat(4)-15%
Max EPS beat(4)-1.62%
EPS beat(8)2
Avg EPS beat(8)-6.17%
EPS beat(12)3
Avg EPS beat(12)-12.3%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-6.81%
Min Revenue beat(2)-14.04%
Max Revenue beat(2)0.43%
Revenue beat(4)1
Avg Revenue beat(4)-4.74%
Min Revenue beat(4)-14.04%
Max Revenue beat(4)0.43%
Revenue beat(8)4
Avg Revenue beat(8)-5.2%
Revenue beat(12)5
Avg Revenue beat(12)-3.15%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)919.19%
PT rev (3m)1030.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-559.81%
EPS NY rev (1m)-932.17%
EPS NY rev (3m)-1007.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-80.47%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)-34.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.9 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.36
EYN/A
EPS(NY)-1.78
Fwd EYN/A
FCF(TTM)-2.03
FCFYN/A
OCF(TTM)-1.9
OCFYN/A
SpS4.49
BVpS2.38
TBVpS1.79
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -51.86% | ||
| ROE | -156.37% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-52.95%
ROA(5y)-44.21%
ROE(3y)-101.62%
ROE(5y)N/A
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 106.67% | ||
| Cap/Sales | 2.98% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | -5.48 |
F-Score3
WACC11.1%
ROIC/WACCN/A
Cap/Depr(3y)205.72%
Cap/Depr(5y)228.41%
Cap/Sales(3y)0.61%
Cap/Sales(5y)0.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
EPS Next Y-1122.24%
EPS Next 2Y-148.1%
EPS Next 3Y5.79%
EPS Next 5Y36.53%
Revenue 1Y (TTM)-55.88%
Revenue growth 3Y-12.16%
Revenue growth 5YN/A
Sales Q2Q%-66.82%
Revenue Next Year-63.75%
Revenue Next 2Y4.28%
Revenue Next 3Y23.72%
Revenue Next 5Y33.84%
EBIT growth 1Y13.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year7.43%
EBIT Next 3Y28.39%
EBIT Next 5Y26.81%
FCF growth 1Y71.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y72.88%
OCF growth 3YN/A
OCF growth 5YN/A