First Solar is the world leader in thin-film solar panel technology. Following the exit from its development business in recent years, the company is a pureplay manufacturer of solar panels.
First Solar’s balance sheet strength has enabled the company to persist through solar cycles when competitors have failed.
First Solar competes in the fiercely competitive and highly commoditized solar module industry.
|
Metric
|
FSLR
|
SHLS
|
ENPH
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.92 | 11.95 | 24.81 |
Price/Book Value | 2.78 | 2.56 | 15.06 |
Price/Sales | 5.64 | 2.76 | 6.83 |
Price/Cash Flow | 16.58 | 8.86 | 23.02 |
|
Metric
|
FSLR
|
SHLS
|
ENPH
|
|---|---|---|---|
Quick Ratio | 2.69 | 1.83 | 4.02 |
Current Ratio | 3.55 | 2.45 | 4.59 |
Interest Coverage | 62.21 | 3.28 | 51.17 |
|
Metric
|
FSLR
|
SHLS
|
ENPH
|
|---|---|---|---|
Return on Assets (Normalized) | 9.73% | 14.25% | 18.18% |
Return on Equity (Normalized) | 14.49% | 23.22% | 64.33% |
Return on Invested Capital (Normalized) | 12.31% | 18.64% | 24.93% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ENPH
| Enphase Energy Inc | Bjqbhzlzw | Lxjr | $15.2 Bil | |
XNYIF
| Xinyi Solar Holdings Ltd | — | Zhjhdv | $6.2 Bil | |
XISHY
| Xinyi Solar Holdings Ltd ADR | — | Yyvxph | $6.1 Bil | |
NXT
| NEXTracker Inc Ordinary Shares - Class A | Jtkpnrjmj | Xhl | $6.1 Bil | |
GCPEF
| GCL Technology Holdings Ltd | — | Pyzz | $3.8 Bil | |
SEDG
| SolarEdge Technologies Inc | Ygltfry | Xrlm | $3.3 Bil | |
RUN
| Sunrun Inc | Dzgjzdn | Fpcm | $2.2 Bil | |
SHLS
| Shoals Technologies Group Inc Ordinary Shares - Class A | Tylpvftf | Zkqt | $1.4 Bil | |
SPWR
| SunPower Corp | Rdfzs | Bmqrt | $396.6 Mil |
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