FTC Solar Inc FTCI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $0.38
- Day Range
- $0.38–0.41
- 52-Week Range
- $0.28–3.87
- Bid/Ask
- $0.39 / $0.40
- Market Cap
- $50.12 Mil
- Volume/Avg
- 175,026 / 770,579
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.37
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
- Sector
- Technology
- Industry
- Solar
- Stock Style Box
- Small Value
- Total Number of Employees
- 213
- Website
- https://www.ftcsolar.com
Comparables
Valuation
|
Metric
|
FTCI
|
TYGO
|
NXT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 31.04 |
Price/Book Value | 0.81 | 0.92 | — |
Price/Sales | 0.37 | 0.29 | 1.11 |
Price/Cash Flow | — | 46.03 | 6.95 |
Price/Earnings
FTCI
TYGO
NXT
Financial Strength
|
Metric
|
FTCI
|
TYGO
|
NXT
|
|---|---|---|---|
Quick Ratio | 1.66 | 1.44 | 1.43 |
Current Ratio | 1.98 | 3.96 | 1.87 |
Interest Coverage | −199.11 | 0.61 | — |
Quick Ratio
FTCI
TYGO
NXT
Profitability
|
Metric
|
FTCI
|
TYGO
|
NXT
|
|---|---|---|---|
Return on Assets (Normalized) | −25.50% | −6.05% | 21.56% |
Return on Equity (Normalized) | −48.75% | −29.56% | — |
Return on Invested Capital (Normalized) | −47.06% | −6.56% | 56.89% |
Return on Assets
FTCI
TYGO
NXT
Solar Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FSLR
| First Solar Inc | Fbtbghgb | Vtcl | $19.0 Bil | |
ENPH
| Enphase Energy Inc | Pvszfxkzwc | Ssgb | $15.2 Bil | |
XNYIF
| Xinyi Solar Holdings Ltd | — | Fkkyxv | $6.2 Bil | |
XISHY
| Xinyi Solar Holdings Ltd ADR | — | Bvbxpzz | $6.1 Bil | |
NXT
| NEXTracker Inc Ordinary Shares - Class A | Vfyyjhbt | Rcm | $6.1 Bil | |
GCPEF
| GCL Technology Holdings Ltd | — | Lctm | $3.8 Bil | |
SEDG
| SolarEdge Technologies Inc | Syzhlmrh | Hcywg | $3.3 Bil | |
RUN
| Sunrun Inc | Rmnntfzr | Pqpw | $2.2 Bil | |
SHLS
| Shoals Technologies Group Inc Ordinary Shares - Class A | Hnlxxqqr | Rblcy | $1.4 Bil | |
SPWR
| SunPower Corp | Vjskk | Lvcg | $396.6 Mil |