FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 251.75

Change

+39.64 (+18.69)%

Market Cap

USD 3.08B

Volume

0.01B

Analyst Target

USD 68.74
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

First Solar Inc is a provider of solar energy solutions. It designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. It also manufactures crystalline silicon solar modules.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Solar

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NXT Nextracker Inc. Class A Common..

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RUN Sunrun Inc

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SEDG SolarEdge Technologies Inc

-3.41 (-7.88%)

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ARRY Array Technologies Inc

-0.56 (-4.31%)

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SHLS Shoals Technologies Group Inc

-0.31 (-4.57%)

USD 1.16B
CSIQ Canadian Solar Inc

-1.03 (-5.70%)

USD 1.15B
SPWR SunPower Corporation

-0.31 (-9.82%)

USD 0.58B
SMXT Solarmax Technology Inc. Commo..

-0.61 (-11.60%)

USD 0.27B
ZEO Zeo Energy Corp

+0.18 (+4.04%)

USD 0.18B

ETFs Containing FSLR

RAYS:LSE Invesco Solar Energy UCIT.. 17.35 % 0.00 %

-24.80 (-1.89%)

USD 0.07B
ISUN:LSE Invesco Solar Energy UCIT.. 16.66 % 0.00 %

-0.45 (-1.89%)

USD 0.07B
S0LR:F Invesco Solar Energy UCIT.. 15.87 % 0.00 %

-0.35 (-1.89%)

USD 0.07B
S0LR:XETRA Invesco Solar Energy UCIT.. 15.87 % 0.00 %

-0.28 (-1.89%)

USD 0.07B
SOLR:SW Invesco Solar Energy UCIT.. 15.87 % 0.00 %

-0.61 (-1.89%)

USD 0.07B
QCLN First Trust NASDAQ® Clea.. 12.88 % 0.60 %

-1.30 (-1.89%)

USD 0.79B
QCLN:F First Trust Nasdaq Clean .. 12.77 % 0.00 %

-0.70 (-1.89%)

USD 0.01B
QCLN:XETRA First Trust Nasdaq Clean .. 12.77 % 0.00 %

-0.35 (-1.89%)

USD 0.02B
RAYG:LSE Global X Solar UCITS ETF .. 11.28 % 0.00 %

-0.04 (-1.89%)

USD 3.48M
RAYZ:LSE Global X Solar UCITS ETF .. 11.28 % 0.00 %

-0.11 (-1.89%)

USD 3.48M
CTEG:LSE Global X CleanTech UCITS .. 10.79 % 0.00 %

-0.10 (-1.89%)

USD 2.63M
RAYS Global X Solar ETF 10.55 % 0.00 %

-0.28 (-1.89%)

USD 6.39M
RA7Z:XETRA Global X Solar UCITS ETF .. 10.09 % 0.00 %

-0.07 (-1.89%)

USD 3.23M
RAYZ:SW Global X Solar UCITS ETF .. 10.09 % 0.00 %

-0.14 (-1.89%)

USD 3.48M
TANN:AU BetaShares Solar ETF 9.85 % 0.00 %

-0.07 (-1.89%)

N/A
CTEK:SW Global X CleanTech UCITS .. 9.51 % 0.00 %

-0.18 (-1.89%)

USD 2.63M
RNEW VanEck Green Infrastructu.. 9.02 % 0.00 %

-0.49 (-1.89%)

USD 1.76M
NRJU:LSE Lyxor MSCI New Energy ESG.. 8.01 % 0.00 %

-0.55 (-1.89%)

USD 0.81B
D6RD:XETRA Deka Future Energy ESG UC.. 8.00 % 0.00 %

-1.00 (-1.89%)

N/A
NRJL:LSE Lyxor MSCI New Energy ESG.. 7.98 % 0.00 %

-0.27 (-1.89%)

USD 0.81B
XCLN:CA iShares Global Clean Ener.. 7.75 % 0.00 %

-1.22 (-1.89%)

CAD 8.46M
INRG:SW iShares Global Clean Ener.. 7.73 % 0.00 %

-0.13 (-1.89%)

USD 3.29B
INRE:PA iShares Global Clean Ener.. 7.73 % 0.00 %

-0.21 (-1.89%)

N/A
CT3C:XETRA Global X CleanTech UCITS .. 7.08 % 0.00 %

-0.13 (-1.89%)

USD 2.37M
PWER Macquarie Energy Transiti.. 6.64 % 0.00 %

-0.54 (-1.89%)

USD 5.74M
FNRG:LSE Fidelity Clean Energy UCI.. 6.29 % 0.00 %

-0.02 (-1.89%)

USD 9.29M
CLNE:AU VanEck Global Clean Energ.. 5.94 % 0.00 %

-0.06 (-1.89%)

USD 0.09B
FNRG:XETRA Fidelity Clean Energy UCI.. 5.73 % 0.00 %

-0.03 (-1.89%)

USD 9.29M
LYNRJ:SW Amundi MSCI New Energy ES.. 5.55 % 0.00 %

N/A

USD 0.81B
NRJC:PA Lyxor MSCI New Energy ESG.. 5.55 % 0.00 %

-0.26 (-1.89%)

N/A
XDG7:XETRA Xtrackers MSCI Global SDG.. 5.25 % 0.00 %

-0.25 (-1.89%)

USD 0.01B
ZERO:PA 4.72 % 0.00 %

N/A

N/A
ZERP:LSE 4.53 % 0.00 %

N/A

N/A
ZERO:LSE 4.53 % 0.00 %

N/A

N/A
XSD SPDR® S&P Semiconductor .. 4.49 % 0.35 %

-4.28 (-1.89%)

USD 1.59B
RENW:LSE L&G Clean Energy UCITS ET.. 4.42 % 0.00 %

-0.15 (-1.89%)

USD 0.28B
ZER0:XETRA 4.38 % 0.00 %

N/A

N/A
TANN:LSE 4.00 % 0.00 %

N/A

N/A
TANP:LSE 4.00 % 0.00 %

N/A

N/A
CTEX ProShares S&P Kensho Clea.. 3.99 % 0.00 %

-0.84 (-1.89%)

USD 3.56M
RENW:XETRA L&G Clean Energy UCITS ET.. 3.96 % 0.00 %

-0.09 (-1.89%)

USD 0.21B
SOLR Guinness Atkinson Funds 3.91 % 0.00 %

-0.81 (-1.89%)

USD 5.23M
CCSO Tidal ETF Trust II - Carb.. 3.76 % 0.00 %

-0.28 (-1.89%)

USD 0.03B
NXTE Investment Managers Serie.. 3.71 % 0.00 %

-0.53 (-1.89%)

USD 0.06B
TANN:XETRA 3.45 % 0.00 %

N/A

N/A
TANN:PA 3.45 % 0.00 %

N/A

N/A
ERTH:AU BetaShares Climate Change.. 3.10 % 0.00 %

N/A

USD 0.11B
WRNW:XETRA WisdomTree Renewable Ener.. 2.95 % 0.00 %

-0.23 (-1.89%)

USD 1.19M
PBW Invesco WilderHill Clean .. 2.89 % 0.70 %

-0.80 (-1.89%)

USD 0.35B
RENW:SW L&G Clean Energy UCITS ET.. 2.85 % 0.00 %

-0.18 (-1.89%)

USD 0.25B
RSPT Invesco S&P 500® Equal.. 2.61 % 0.00 %

-0.16 (-1.89%)

USD 3.97B
XG12:XETRA Xtrackers MSCI Global SDG.. 2.57 % 0.00 %

-0.20 (-1.89%)

USD 4.52M
XG12:SW Xtrackers MSCI Global SDG.. 2.57 % 0.00 %

-0.43 (-1.89%)

USD 4.52M
QQJG Invesco ESG NASDAQ Next G.. 2.48 % 0.00 %

-0.31 (-1.89%)

USD 5.45M
EQQJ:LSE Invesco NASDAQ Next Gener.. 2.14 % 0.00 %

-0.39 (-1.89%)

USD 0.04B
EQJS:LSE Invesco NASDAQ Next Gener.. 2.14 % 0.00 %

-17.75 (-1.89%)

USD 0.04B
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.13 % 0.00 %

+0.01 (+-1.89%)

USD 0.01B
EQQJ:SW Invesco NASDAQ Next Gener.. 2.02 % 0.00 %

N/A

N/A
LVNG:LSE Rize Environmental Impact.. 1.82 % 0.00 %

-3.33 (-1.89%)

USD 0.09B
TMFX Motley Fool Next Index ET.. 1.73 % 0.00 %

-0.20 (-1.89%)

USD 0.02B
CLMP:LSE iClima Global Decarbonisa.. 1.69 % 0.00 %

-7.53 (-1.89%)

USD 0.03B
CLMA:LSE iClima Global Decarbonisa.. 1.69 % 0.00 %

N/A

USD 0.03B
ENVR:SW Rize Environmental Impact.. 1.66 % 0.00 %

-0.10 (-1.89%)

USD 0.09B
CLMA:SW iClima Global Decarbonisa.. 1.60 % 0.00 %

-0.22 (-1.89%)

USD 0.03B
G1CE:XETRA Invesco Markets II plc - .. 1.46 % 0.00 %

-0.17 (-1.89%)

USD 0.04B
G1CE:F Invesco Markets II Plc - .. 1.46 % 0.00 %

N/A

USD 0.04B
GCLE:SW Invesco Markets II plc - .. 1.46 % 0.00 %

-0.98 (-1.89%)

USD 0.04B
ABCS Alpha Blue Capital US Sma.. 1.41 % 0.00 %

-0.31 (-1.89%)

USD 9.55M
GCED:LSE Invesco Markets II plc - .. 1.38 % 0.00 %

N/A

USD 1.51M
GCEX:LSE Invesco Markets II plc - .. 1.38 % 0.00 %

-55.60 (-1.89%)

USD 1.51M
SPHB Invesco S&P 500® High Be.. 1.36 % 0.25 %

-0.86 (-1.89%)

USD 0.64B
PBD Invesco Global Clean Ener.. 1.31 % 0.75 %

-0.10 (-1.89%)

USD 0.12B
HIBL Direxion Daily S&P 500® .. 0.98 % 0.00 %

-1.35 (-1.89%)

USD 0.05B
FLDZ 0.62 % 0.00 %

N/A

N/A
IUSF:LSE iShares IV Public Limited.. 0.44 % 0.00 %

-1.13 (-1.89%)

USD 0.18B
IUSZ:LSE iShares Edge MSCI USA Siz.. 0.44 % 0.00 %

-0.07 (-1.89%)

USD 0.18B
BLES Inspire Global Hope ETF 0.40 % 0.62 %

-0.30 (-1.89%)

USD 0.11B
IUSZ:SW iShares Edge MSCI USA Siz.. 0.40 % 0.00 %

N/A

N/A
SPEX:LSE Invesco S&P 500 Equal Wei.. 0.37 % 0.00 %

+2.00 (+-1.89%)

USD 0.20B
SPED:LSE Invesco S&P 500 Equal Wei.. 0.36 % 0.00 %

-0.28 (-1.89%)

USD 0.08B
SPEQ:LSE Invesco S&P 500 Equal Wei.. 0.36 % 0.00 %

-0.30 (-1.89%)

USD 0.20B
SPES:LSE Invesco S&P 500 Equal Wei.. 0.36 % 0.00 %

+6.75 (+-1.89%)

USD 0.08B
ISPE:LSE iShares S&P 500 Equal Wei.. 0.35 % 0.00 %

-0.03 (-1.89%)

USD 0.42B
XEWG:LSE Xtrackers S&P 500 Equal W.. 0.35 % 0.00 %

-0.04 (-1.89%)

USD 0.06B
EWSP:LSE iShares S&P 500 Equal Wei.. 0.34 % 0.00 %

N/A

USD 1.31B
EUSA iShares MSCI USA Equal We.. 0.23 % 0.15 %

-0.57 (-1.89%)

USD 0.73B
EWSP:SW iShares S&P 500 Equal Wei.. 0.22 % 0.00 %

-0.01 (-1.89%)

USD 1.31B
IWFS:LSE iShares MSCI World Size F.. 0.18 % 0.00 %

-12.00 (-1.89%)

USD 0.24B
GEX 0.00 % 0.63 %

N/A

N/A
PZD 0.00 % 0.68 %

N/A

N/A
CNRG SPDR® Kensho Clean Power.. 0.00 % 0.00 %

-1.86 (-1.89%)

USD 0.20B
SMOG VanEck Low Carbon Energy .. 0.00 % 0.00 %

-2.06 (-1.89%)

USD 0.14B
RSP Invesco S&P 500® Equal W.. 0.00 % 0.20 %

-1.05 (-1.89%)

USD 55.39B
RYT 0.00 % 0.40 %

N/A

N/A
TAN Invesco Solar ETF 0.00 % 0.65 %

-1.32 (-1.89%)

USD 1.20B
XT iShares Exponential Techn.. 0.00 % 0.47 %

-0.46 (-1.89%)

USD 3.36B
INRG:LSE iShares Global Clean Ener.. 0.00 % 0.00 %

-7.25 (-1.89%)

USD 3.24B
DNRG:LSE 0.00 % 0.00 %

N/A

N/A
XDEW:LSE Xtrackers S&P 500 Equal W.. 0.00 % 0.00 %

-0.47 (-1.89%)

USD 5.73B
XDWE:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

+2.50 (+-1.89%)

USD 5.78B
NRJ:PA Multi Units France - Lyxo.. 0.00 % 0.00 %

-0.35 (-1.89%)

USD 0.81B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.00 %

-0.34 (-1.89%)

USD 0.77B
HCLN:CA Harvest Clean Energy ETF .. 0.00 % 0.00 %

-0.16 (-1.89%)

CAD 0.03B
BNE Blue Horizon BNE ETF 0.00 % 0.00 %

-0.42 (-1.89%)

USD 5.12M
QQQJ Invesco NASDAQ Next Gen 1.. 0.00 % 0.00 %

-0.34 (-1.89%)

USD 0.66B
QQQN VictoryShares Nasdaq Next.. 0.00 % 0.00 %

-0.35 (-1.89%)

USD 0.02B
CTEC Global X CleanTech ETF 0.00 % 0.00 %

-0.26 (-1.89%)

USD 0.05B
ACES ALPS Clean Energy 0.00 % 0.00 %

-0.88 (-1.89%)

USD 0.22B
DTEC ALPS Disruptive Technolog.. 0.00 % 0.00 %

-0.38 (-1.89%)

USD 0.10B
ERTH Invesco MSCI Sustainable .. 0.00 % 0.00 %

-0.78 (-1.89%)

USD 0.18B
CLMT:CA 0.00 % 0.00 %

N/A

N/A
DXET:CA Dynamic Active Energy Evo.. 0.00 % 0.00 %

N/A

CAD 2.37M
MVPS Amplify Thematic All-Star.. 0.00 % 0.00 %

-0.15 (-1.89%)

USD 2.66M
RENG:LSE L&G Clean Energy UCITS ET.. 0.00 % 0.00 %

-8.10 (-1.89%)

USD 0.28B

Market Performance

  Market Performance vs. Industry/Classification (Solar) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 46.13% 90% A- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 46.13% 90% A- 90% A-
Trailing 12 Months  
Capital Gain 26.79% 94% A 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 26.79% 94% A 77% C+
Trailing 5 Years  
Capital Gain 339.28% 90% A- 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 339.28% 90% A- 94% A
Average Annual (5 Year Horizon)  
Capital Gain 44.75% 71% C- 89% A-
Dividend Return 44.75% 71% C- 89% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 61.48% 59% D- 26% F
Risk Adjusted Return 72.78% 100% F 90% A-
Market Capitalization 3.08B 100% F 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Solar) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.00 50% 46%
Price/Book Ratio 2.92 30% 35%
Price / Cash Flow Ratio 33.96 18% 8%
Price/Free Cash Flow Ratio 14.89 32% 18%
Management Effectiveness  
Return on Equity 16.05% 77% 86%
Return on Invested Capital 12.01% 84% 81%
Return on Assets 7.18% 87% 91%
Debt to Equity Ratio 6.94% 75% 74%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector