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First Solar Inc FSLR

Morningstar Rating
$273.61 −17.95 (6.16%)
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Company Report

Price vs Fair Value

FSLR is trading at a 667% premium.
Price
$273.61
Fair Value
$995.00
Uncertainty
High
1-Star Price
$274.36
5-Star Price
$232.00
Economic Moat
Yct
Capital Allocation
Snxnzjd

Bulls Say, Bears Say

Bulls

First Solar’s balance sheet strength has enabled the company to persist through solar cycles when competitors have failed.

Bears

First Solar competes in the fiercely competitive and highly commoditized solar module industry.

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News

Trading Information

Previous Close Price
$291.56
Day Range
$272.81290.90
52-Week Range
$129.22306.77
Bid/Ask
$272.90 / $273.50
Market Cap
$29.29 Bil
Volume/Avg
3.2 Mil / 2.7 Mil

Key Statistics

Price/Earnings (Normalized)
28.08
Price/Sales
8.25
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Sector
Technology
Industry
Solar
Stock Style Box
Mid Growth
Total Number of Employees
6,700

Competitors

Valuation

Metric
FSLR
SEDG
SHLS
Price/Earnings (Normalized)
28.089.8410.59
Price/Book Value
4.241.011.99
Price/Sales
8.251.012.33
Price/Cash Flow
21.468.00
Price/Earnings
FSLR
SEDG
SHLS

Financial Strength

Metric
FSLR
SEDG
SHLS
Quick Ratio
1.681.831.78
Current Ratio
2.414.542.62
Interest Coverage
48.23−149.632.87
Quick Ratio
FSLR
SEDG
SHLS

Profitability

Metric
FSLR
SEDG
SHLS
Return on Assets (Normalized)
11.21%−0.77%11.03%
Return on Equity (Normalized)
17.01%−1.44%17.17%
Return on Invested Capital (Normalized)
14.64%−1.05%14.75%
Return on Assets
FSLR
SEDG
SHLS
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Solar Industry Comparables

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Morningstar Rating for Stocks
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Economic Moat
Market Cap
Enphase Energy Inc
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Hydy$5.0 Bil
Xinyi Solar Holdings Ltd ADR
XISHY
Jmwhf$5.0 Bil
GCL Technology Holdings Ltd
GCPEF
Lmgj$4.7 Bil
Sunrun Inc
RUN
BjjgdrdfWtww$2.9 Bil
SolarEdge Technologies Inc
SEDG
DglmxbtVybv$2.3 Bil
Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS
RprblftkjVjcjv$1.1 Bil
SunPower Corp
SPWR
HcryBxxt$491.3 Mil

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