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FTC Solar Inc FTCI

Morningstar Rating
$0.49 0.00 (0.02%)
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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.

Price vs Fair Value

FTCI is trading within a range we consider fairly valued.
Price
$0.49
Fair Value
$7.94
Uncertainty
Extreme
1-Star Price
$7.69
5-Star Price
$7.47
Economic Moat
Hdcx
Capital Allocation
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Trading Information

Previous Close Price
$0.49
Day Range
$0.480.52
52-Week Range
$0.283.87
Bid/Ask
$0.48 / $0.50
Market Cap
$61.74 Mil
Volume/Avg
648,183 / 707,252

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.63
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

Comparables

Valuation

Metric
FTCI
TYGO
NXT
Price/Earnings (Normalized)
37.26
Price/Book Value
1.191.417.36
Price/Sales
0.630.533.15
Price/Cash Flow
15.72
Price/Earnings
FTCI
TYGO
NXT

Financial Strength

Metric
FTCI
TYGO
NXT
Quick Ratio
1.472.001.43
Current Ratio
1.846.241.87
Interest Coverage
−143.35−1.12
Quick Ratio
FTCI
TYGO
NXT

Profitability

Metric
FTCI
TYGO
NXT
Return on Assets (Normalized)
−29.02%−17.95%21.56%
Return on Equity (Normalized)
−55.66%−46.22%
Return on Invested Capital (Normalized)
−53.55%−22.05%56.89%
Return on Assets
FTCI
TYGO
NXT
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Solar Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
FSLR
First Solar IncLcpcsyntYrf$29.6 Bil
ENPH
Enphase Energy IncMvlrzgzsdvHfqdf$17.0 Bil
NXT
NEXTracker Inc Ordinary Shares - Class ACvffbpgzrQmds$7.8 Bil
XNYIF
Xinyi Solar Holdings LtdCwk$6.0 Bil
XISHY
Xinyi Solar Holdings Ltd ADRPxpp$5.8 Bil
GCPEF
GCL Technology Holdings LtdZmcd$4.9 Bil
RUN
Sunrun IncHxvcfykWcz$3.0 Bil
SEDG
SolarEdge Technologies IncLmnrgjjykByvvh$2.7 Bil
SHLS
Shoals Technologies Group Inc Ordinary Shares - Class ANjbwrwgfZhy$1.4 Bil
SPWR
SunPower CorpFjsmWwlrn$512.4 Mil

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