FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 228.57

Change

-6.85 (-2.91)%

Market Cap

USD 3.08B

Volume

1.09M

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)

Compare
Relative Returns (From:    To: 2024-08-28 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
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RUN Sunrun Inc

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SEDG SolarEdge Technologies Inc

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ARRY Array Technologies Inc

+0.14 (+2.10%)

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SHLS Shoals Technologies Group Inc

-0.13 (-2.01%)

USD 0.97B
CSIQ Canadian Solar Inc

+0.08 (+0.58%)

USD 0.83B
MAXN Maxeon Solar Technologies Ltd

N/A

USD 0.11B
CSLR Complete Solaria, Inc. Common ..

+0.01 (+0.48%)

USD 0.11B
TYGO Tigo Energy Inc.

+0.05 (+3.47%)

USD 0.07B
BEEM Beam Global

+0.02 (+0.38%)

USD 0.07B

ETFs Containing FSLR

ISUN:LSE Invesco Solar Energy UCIT.. 10.07 % 0.00 %

+0.10 (+1.07%)

USD 0.06B
RAYS:LSE Invesco Solar Energy UCIT.. 10.07 % 0.00 %

+0.60 (+1.07%)

USD 0.06B
RAYG:LSE Global X Solar UCITS ETF .. 9.89 % 0.00 %

-0.08 (1.07%)

USD 3.11M
CTEG:LSE Global X CleanTech UCITS .. 9.80 % 0.00 %

+0.06 (+1.07%)

USD 2.13M
CTEK:SW Global X CleanTech UCITS .. 9.67 % 0.00 %

+0.06 (+1.07%)

N/A
TANN:AU BetaShares Solar ETF 9.55 % 0.00 %

-0.05 (1.07%)

N/A
SOLR:SW Invesco Solar Energy UCIT.. 9.35 % 0.00 %

+0.36 (+1.07%)

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

-0.03 (1.07%)

N/A
RAYS Global X Solar ETF 9.27 % 0.00 %

-0.05 (1.07%)

USD 6.12M
RA7Z:XETRA Global X Solar UCITS ETF .. 9.22 % 0.00 %

-0.09 (1.07%)

USD 3.23M
RAYZ:SW Global X Solar UCITS ETF .. 9.22 % 0.00 %

-0.01 (1.07%)

USD 3.03M
CT3C:XETRA Global X CleanTech UCITS .. 9.10 % 0.00 %

+0.08 (+1.07%)

USD 2.37M
S0LR:F Invesco Solar Energy UCIT.. 8.64 % 0.00 %

-0.36 (1.07%)

USD 0.07B
S0LR:XETRA Invesco Solar Energy UCIT.. 8.64 % 0.00 %

+0.06 (+1.07%)

USD 0.07B
VCLN Virtus Duff & Phelps Clea.. 8.12 % 0.00 %

+0.21 (+1.07%)

USD 5.06M
IQQH:XETRA iShares Global Clean Ener.. 7.66 % 0.00 %

+0.08 (+1.07%)

USD 3.34B
QCLN:LSE First Trust Nasdaq Clean .. 7.60 % 0.00 %

+7.30 (+1.07%)

USD 0.01B
QCLU:LSE First Trust Nasdaq® Clea.. 7.60 % 0.00 %

+0.17 (+1.07%)

USD 0.01B
XCLN:CA iShares Global Clean Ener.. 7.38 % 0.00 %

N/A

CAD 9.38M
INRG:SW iShares Global Clean Ener.. 7.37 % 0.00 %

+0.13 (+1.07%)

USD 2.91B
INRE:PA iShares Global Clean Ener.. 7.37 % 0.00 %

+0.16 (+1.07%)

N/A
ZCLN:CA BMO Clean Energy Index ET.. 7.37 % 0.00 %

+0.21 (+1.07%)

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

+0.43 (+1.07%)

N/A
DXET:CA Dynamic Active Energy Evo.. 7.24 % 0.00 %

N/A

CAD 2.07M
QCLN:XETRA First Trust Nasdaq Clean .. 6.51 % 0.00 %

+0.10 (+1.07%)

USD 0.02B
NRJL:LSE Lyxor MSCI New Energy ESG.. 6.22 % 0.00 %

+0.22 (+1.07%)

USD 0.71B
NRJ:PA Multi Units France - Lyxo.. 6.09 % 0.00 %

+0.32 (+1.07%)

USD 0.70B
LYNRJ:SW Amundi MSCI New Energy ES.. 6.09 % 0.00 %

N/A

USD 0.70B
NRJC:PA Lyxor MSCI New Energy ESG.. 6.09 % 0.00 %

-0.07 (1.07%)

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

+0.44 (+1.07%)

N/A
CLNE:AU VanEck Global Clean Energ.. 5.75 % 0.00 %

N/A

N/A
PWER Macquarie ETF Trust 5.44 % 0.00 %

+0.28 (+1.07%)

USD 5.74M
MINF:CA Middlefield Sustainable I.. 5.43 % 0.00 %

N/A

CAD 0.03B
ERTH Invesco MSCI Sustainable .. 4.83 % 0.00 %

+0.42 (+1.07%)

USD 0.16B
XDG7:XETRA Xtrackers MSCI Global SDG.. 4.78 % 0.00 %

+0.15 (+1.07%)

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
ACES ALPS Clean Energy 4.47 % 0.00 %

+0.33 (+1.07%)

USD 0.18B
ERTH:AU BetaShares Climate Change.. 4.44 % 0.00 %

-0.02 (1.07%)

N/A
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
FNRG:XETRA Fidelity Clean Energy UCI.. 3.90 % 0.00 %

+0.05 (+1.07%)

N/A
RENG:LSE L&G Clean Energy UCITS ET.. 3.72 % 0.00 %

+11.60 (+1.07%)

USD 0.23B
RENW:LSE L&G Clean Energy UCITS ET.. 3.72 % 0.00 %

+0.21 (+1.07%)

USD 0.23B
CTEX ProShares S&P Kensho Clea.. 3.68 % 0.00 %

+0.52 (+1.07%)

USD 3.07M
WRNW:XETRA WisdomTree Renewable Ener.. 3.65 % 0.00 %

+0.08 (+1.07%)

USD 1.59M
CCSO Tidal ETF Trust II - Carb.. 3.64 % 0.00 %

+0.28 (+1.07%)

N/A
SMOG VanEck Low Carbon Energy .. 3.59 % 0.00 %

+0.80 (+1.07%)

USD 0.14B
FNRG:LSE Fidelity Clean Energy UCI.. 3.53 % 0.00 %

+0.04 (+1.07%)

USD 0.01B
TANN:XETRA 3.45 % 0.00 %

N/A

N/A
TANN:PA 3.45 % 0.00 %

N/A

N/A
RENW:XETRA L&G Clean Energy UCITS ET.. 3.33 % 0.00 %

+0.14 (+1.07%)

USD 0.21B
RENW:SW L&G Clean Energy UCITS ET.. 3.33 % 0.00 %

+0.06 (+1.07%)

USD 0.23B
SOLR Guinness Atkinson Funds 3.27 % 0.00 %

+0.43 (+1.07%)

USD 4.82M
NXTE Investment Managers Serie.. 3.21 % 0.00 %

+0.52 (+1.07%)

N/A
XG12:XETRA Xtrackers MSCI Global SDG.. 3.11 % 0.00 %

+0.26 (+1.07%)

USD 4.52M
XG12:SW Xtrackers MSCI Global SDG.. 3.11 % 0.00 %

+0.19 (+1.07%)

USD 4.52M
QQQN VictoryShares Nasdaq Next.. 2.50 % 0.00 %

+0.52 (+1.07%)

USD 0.03B
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.40 % 0.00 %

+0.25 (+1.07%)

USD 0.02B
QQJE:CA Invesco ESG NASDAQ Next G.. 1.95 % 0.00 %

N/A

CAD 0.92M
QQJG Invesco ESG NASDAQ Next G.. 1.95 % 0.00 %

+0.34 (+1.07%)

USD 5.48M
JNDQ:AU BETAJNDQ ETF UNITS 1.83 % 0.00 %

-0.02 (1.07%)

N/A
EQQJ:SW Invesco NASDAQ Next Gener.. 1.65 % 0.00 %

+0.63 (+1.07%)

N/A
EQJS:LSE Invesco NASDAQ Next Gener.. 1.65 % 0.00 %

+30.25 (+1.07%)

USD 0.04B
EQQJ:XETRA Invesco NASDAQ Next Gener.. 1.60 % 0.00 %

+0.22 (+1.07%)

USD 0.05B
QQQJ Invesco NASDAQ Next Gen 1.. 1.59 % 0.00 %

+0.40 (+1.07%)

USD 0.63B
BNE Blue Horizon BNE ETF 1.46 % 0.00 %

+0.30 (+1.07%)

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

+0.07 (+1.07%)

N/A
CLMP:LSE iClima Global Decarbonisa.. 1.27 % 0.00 %

+7.40 (+1.07%)

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

N/A

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

+0.11 (+1.07%)

USD 1.65B
GEX 0.00 % 0.63 %

N/A

N/A
ICLN iShares Global Clean Ener.. 0.00 % 0.46 %

+0.18 (+1.07%)

USD 2.18B
PZD 0.00 % 0.68 %

N/A

N/A
QCLN First Trust NASDAQ® Clea.. 0.00 % 0.60 %

+0.47 (+1.07%)

USD 0.64B
SDG iShares MSCI Global Impac.. 0.00 % 0.49 %

+0.68 (+1.07%)

USD 0.24B
RYT 0.00 % 0.40 %

N/A

N/A
TAN Invesco Solar ETF 0.00 % 0.65 %

+0.54 (+1.07%)

N/A
INRG:LSE iShares Global Clean Ener.. 0.00 % 0.00 %

+5.50 (+1.07%)

N/A
DNRG:LSE 0.00 % 0.00 %

N/A

N/A
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.00 %

+0.33 (+1.07%)

USD 0.77B
CTEC Global X CleanTech ETF 0.00 % 0.00 %

+0.04 (+1.07%)

USD 0.04B
CLMT:CA 0.00 % 0.00 %

N/A

N/A
QCLN:F First Trust Nasdaq Clean .. 0.00 % 0.00 %

+0.06 (+1.07%)

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 32.67% 84% B 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 32.67% 84% B 86% B+
Trailing 12 Months  
Capital Gain 23.58% 94% A 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 23.58% 94% A 76% C+
Trailing 5 Years  
Capital Gain 268.25% 89% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 268.25% 89% A- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 46.88% 72% C 90% A-
Dividend Return 46.88% 72% C 90% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 60.10% 56% F 29% F
Risk Adjusted Return 78.00% 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 50% 45%
Price/Book Ratio 3.47 29% 31%
Price / Cash Flow Ratio 41.84 11% 7%
Price/Free Cash Flow Ratio 14.29 37% 25%
Management Effectiveness  
Return on Equity 18.11% 100% 89%
Return on Invested Capital 12.01% 90% 81%
Return on Assets 7.99% 100% 92%
Debt to Equity Ratio 6.94% 75% 76%

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