FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 225.46

Change

-24.46 (-9.79)%

Market Cap

USD 3.08B

Volume

6.09M

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)

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Relative Returns (From:    To: 2024-06-28 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
ENPH Enphase Energy Inc

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RUN Sunrun Inc

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SEDG SolarEdge Technologies Inc

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CSIQ Canadian Solar Inc

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ARRY Array Technologies Inc

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SHLS Shoals Technologies Group Inc

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CSLR Complete Solaria, Inc. Common ..

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USD 0.19B
MAXN Maxeon Solar Technologies Ltd

N/A

USD 0.13B
TYGO Tigo Energy Inc.

N/A

USD 0.09B
FTCI FTC Solar Inc

N/A

USD 0.08B

ETFs Containing FSLR

RAYS Global X Solar ETF 11.04 % 0.00 %

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USD 7.10M
RAYG:LSE Global X Solar UCITS ETF .. 10.63 % 0.00 %

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USD 3.04M
CTEG:LSE Global X CleanTech UCITS .. 10.41 % 0.00 %

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USD 2.15M
CT3C:XETRA Global X CleanTech UCITS .. 9.97 % 0.00 %

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USD 2.37M
RA7Z:XETRA Global X Solar UCITS ETF .. 9.89 % 0.00 %

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USD 3.23M
RAYZ:SW Global X Solar UCITS ETF .. 9.89 % 0.00 %

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USD 3.04M
RAYS:LSE Invesco Solar Energy UCIT.. 9.88 % 0.00 %

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USD 0.06B
ISUN:LSE Invesco Solar Energy UCIT.. 9.87 % 0.00 %

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USD 0.06B
CTEK:SW Global X CleanTech UCITS .. 9.67 % 0.00 %

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SOLR:SW Invesco Solar Energy UCIT.. 9.35 % 0.00 %

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RAYZ:LSE Global X Solar UCITS ETF .. 9.28 % 0.00 %

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S0LR:F Invesco Solar Energy UCIT.. 9.27 % 0.00 %

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USD 0.07B
S0LR:XETRA Invesco Solar Energy UCIT.. 9.27 % 0.00 %

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USD 0.07B
VCLN Virtus Duff & Phelps Clea.. 9.07 % 0.00 %

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USD 5.43M
QCLN First Trust NASDAQ® Clea.. 8.87 % 0.60 %

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USD 0.69B
TANN:AU BetaShares Solar ETF 8.17 % 0.00 %

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XCLN:CA iShares Global Clean Ener.. 7.67 % 0.00 %

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CAD 9.68M
IQQH:XETRA iShares Global Clean Ener.. 7.66 % 0.00 %

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USD 3.34B
INRG:SW iShares Global Clean Ener.. 7.66 % 0.00 %

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USD 2.93B
INRE:PA iShares Global Clean Ener.. 7.66 % 0.00 %

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ICLN iShares Global Clean Ener.. 7.65 % 0.46 %

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USD 2.15B
QCLN:LSE First Trust Nasdaq Clean .. 7.48 % 0.00 %

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USD 0.01B
QCLU:LSE First Trust Nasdaq® Clea.. 7.48 % 0.00 %

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USD 0.01B
ZCLN:CA BMO Clean Energy Index ET.. 7.37 % 0.00 %

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CAD 0.07B
D6RD:XETRA Deka Future Energy ESG UC.. 7.29 % 0.00 %

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QCLN:XETRA First Trust Nasdaq Clean .. 7.13 % 0.00 %

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USD 0.02B
NRJL:LSE Lyxor MSCI New Energy ESG.. 6.54 % 0.00 %

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USD 0.72B
NRJ:PA Multi Units France - Lyxo.. 6.32 % 0.00 %

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USD 0.73B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 6.32 % 0.00 %

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USD 0.77B
LYNRJ:SW Amundi MSCI New Energy ES.. 6.32 % 0.00 %

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USD 0.72B
NRJC:PA Lyxor MSCI New Energy ESG.. 6.32 % 0.00 %

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NRJU:LSE Lyxor MSCI New Energy ESG.. 5.93 % 0.00 %

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CLNE:AU VanEck Global Clean Energ.. 5.75 % 0.00 %

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PWER Macquarie ETF Trust 5.74 % 0.00 %

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USD 5.74M
MINF:CA Middlefield Sustainable I.. 5.55 % 0.00 %

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CAD 0.03B
ERTH Invesco MSCI Sustainable .. 5.37 % 0.00 %

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USD 0.18B
DXET:CA Dynamic Active Energy Evo.. 5.07 % 0.00 %

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CAD 2.26M
XDG7:XETRA Xtrackers MSCI Global SDG.. 5.02 % 0.00 %

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USD 0.01B
ACES ALPS Clean Energy 4.79 % 0.00 %

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USD 0.19B
ZERO:PA 4.72 % 0.00 %

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ZERP:LSE 4.53 % 0.00 %

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ZERO:LSE 4.53 % 0.00 %

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FNRG:LSE Fidelity Clean Energy UCI.. 4.49 % 0.00 %

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USD 0.01B
ERTH:AU BetaShares Climate Change.. 4.44 % 0.00 %

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ZER0:XETRA 4.38 % 0.00 %

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CTEX ProShares S&P Kensho Clea.. 4.03 % 0.00 %

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USD 3.40M
TANN:LSE 4.00 % 0.00 %

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TANP:LSE 4.00 % 0.00 %

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WRNW:XETRA WisdomTree Renewable Ener.. 3.97 % 0.00 %

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USD 1.63M
FNRG:XETRA Fidelity Clean Energy UCI.. 3.90 % 0.00 %

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SMOG VanEck Low Carbon Energy .. 3.76 % 0.00 %

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USD 0.15B
RENG:LSE L&G Clean Energy UCITS ET.. 3.66 % 0.00 %

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USD 0.24B
RENW:LSE L&G Clean Energy UCITS ET.. 3.66 % 0.00 %

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USD 0.24B
CCSO Tidal ETF Trust II - Carb.. 3.64 % 0.00 %

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SOLR Guinness Atkinson Funds 3.59 % 0.00 %

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USD 5.36M
RENW:XETRA L&G Clean Energy UCITS ET.. 3.55 % 0.00 %

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USD 0.21B
RENW:SW L&G Clean Energy UCITS ET.. 3.55 % 0.00 %

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USD 0.24B
CLMA:LSE iClima Global Decarbonisa.. 3.53 % 0.00 %

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USD 0.02B
TANN:XETRA 3.45 % 0.00 %

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TANN:PA 3.45 % 0.00 %

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XG12:XETRA Xtrackers MSCI Global SDG.. 3.22 % 0.00 %

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USD 4.75M
XG12:SW Xtrackers MSCI Global SDG.. 3.22 % 0.00 %

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USD 4.75M
NXTE Investment Managers Serie.. 3.21 % 0.00 %

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QQQN VictoryShares Nasdaq Next.. 2.67 % 0.00 %

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USD 0.03B
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.47 % 0.00 %

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USD 0.02B
QQJG Invesco ESG NASDAQ Next G.. 2.11 % 0.00 %

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USD 5.90M
QQJE:CA Invesco ESG NASDAQ Next G.. 1.98 % 0.00 %

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CAD 0.98M
JNDQ:AU BETAJNDQ ETF UNITS 1.83 % 0.00 %

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QQQJ Invesco NASDAQ Next Gen 1.. 1.78 % 0.00 %

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USD 0.68B
EQJS:LSE Invesco NASDAQ Next Gener.. 1.71 % 0.00 %

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USD 0.05B
EQQJ:SW Invesco NASDAQ Next Gener.. 1.65 % 0.00 %

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EQQJ:XETRA Invesco NASDAQ Next Gener.. 1.65 % 0.00 %

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USD 0.05B
BNE Blue Horizon BNE ETF 1.46 % 0.00 %

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USD 5.12M
CLMA:SW iClima Global Decarbonisa.. 1.42 % 0.00 %

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CLMP:LSE iClima Global Decarbonisa.. 1.27 % 0.00 %

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GCLE:SW Invesco Markets II plc - .. 1.13 % 0.00 %

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

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USD 2.85B
GEX 0.00 % 0.63 %

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PZD 0.00 % 0.68 %

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SDG iShares MSCI Global Impac.. 0.00 % 0.49 %

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USD 0.24B
RYT 0.00 % 0.40 %

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TAN Invesco Solar ETF 0.00 % 0.65 %

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INRG:LSE iShares Global Clean Ener.. 0.00 % 0.00 %

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DNRG:LSE 0.00 % 0.00 %

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CTEC Global X CleanTech ETF 0.00 % 0.00 %

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USD 0.04B
CLMT:CA 0.00 % 0.00 %

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QCLN:F First Trust Nasdaq Clean .. 0.00 % 0.00 %

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USD 0.01B

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 30.87% 95% A 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 30.87% 95% A 87% B+
Trailing 12 Months  
Capital Gain 18.61% 100% F 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.61% 100% F 76% C+
Trailing 5 Years  
Capital Gain 243.27% 90% A- 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 243.27% 90% A- 92% A
Average Annual (5 Year Horizon)  
Capital Gain 46.34% 71% C- 90% A-
Dividend Return 46.34% 71% C- 90% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 60.52% 59% D- 27% F
Risk Adjusted Return 76.56% 100% F 91% A-
Market Capitalization 3.08B 100% F 97% 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 42% 35%
Price/Book Ratio 2.92 32% 35%
Price / Cash Flow Ratio 45.53 14% 6%
Price/Free Cash Flow Ratio 14.89 33% 18%
Management Effectiveness  
Return on Equity 16.05% 76% 86%
Return on Invested Capital 12.01% 84% 81%
Return on Assets 7.18% 86% 91%
Debt to Equity Ratio 6.94% 76% 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