FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 228.79

Change

0.00 (0.00)%

Market Cap

USD 3.08B

Volume

2.18M

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: 2024-09-14 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
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RUN Sunrun Inc

+0.97 (+5.02%)

USD 4.30B
SEDG SolarEdge Technologies Inc

+0.57 (+2.60%)

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ARRY Array Technologies Inc

+0.23 (+3.30%)

USD 1.06B
SHLS Shoals Technologies Group Inc

+0.16 (+2.54%)

USD 0.97B
CSIQ Canadian Solar Inc

+0.40 (+2.93%)

USD 0.93B
MAXN Maxeon Solar Technologies Ltd

+0.01 (+7.63%)

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

+0.22 (+8.91%)

USD 0.11B
BEEM Beam Global

+0.07 (+1.31%)

USD 0.08B
TYGO Tigo Energy Inc.

+0.01 (+0.63%)

USD 0.07B

ETFs Containing FSLR

CTEG:LSE Global X CleanTech UCITS .. 10.54 % 0.00 %

+0.11 (+1.28%)

USD 2.10M
RAYG:LSE Global X Solar UCITS ETF .. 10.49 % 0.00 %

+0.13 (+1.28%)

USD 3.04M
ISUN:LSE Invesco Solar Energy UCIT.. 10.07 % 0.00 %

+0.48 (+1.28%)

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

+39.20 (+1.28%)

USD 0.06B
CT3C:XETRA Global X CleanTech UCITS .. 9.97 % 0.00 %

+0.12 (+1.28%)

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

+0.12 (+1.28%)

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

+0.05 (+1.28%)

USD 3.03M
CTEK:SW Global X CleanTech UCITS .. 9.67 % 0.00 %

+0.04 (+1.28%)

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

N/A

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

+0.14 (+1.28%)

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

+0.13 (+1.28%)

USD 6.12M
S0LR:F Invesco Solar Energy UCIT.. 9.27 % 0.00 %

N/A

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

+0.43 (+1.28%)

USD 0.07B
TANN:AU BetaShares Solar ETF 8.17 % 0.00 %

-0.01 (1.28%)

N/A
VCLN Virtus Duff & Phelps Clea.. 8.12 % 0.00 %

+0.18 (+1.28%)

USD 5.06M
XCLN:CA iShares Global Clean Ener.. 7.67 % 0.00 %

+0.27 (+1.28%)

CAD 9.72M
IQQH:XETRA iShares Global Clean Ener.. 7.66 % 0.00 %

+0.07 (+1.28%)

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

+0.09 (+1.28%)

USD 2.92B
INRE:PA iShares Global Clean Ener.. 7.66 % 0.00 %

+0.23 (+1.28%)

N/A
ICLN iShares Global Clean Ener.. 7.65 % 0.46 %

+0.11 (+1.28%)

USD 2.12B
QCLN First Trust NASDAQ® Clea.. 7.61 % 0.60 %

+0.48 (+1.28%)

USD 0.66B
QCLN:LSE First Trust Nasdaq Clean .. 7.60 % 0.00 %

+31.90 (+1.28%)

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

+0.39 (+1.28%)

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

+0.23 (+1.28%)

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

+1.82 (+1.28%)

N/A
QCLN:F First Trust Nasdaq Clean .. 7.13 % 0.00 %

+0.21 (+1.28%)

USD 0.01B
QCLN:XETRA First Trust Nasdaq Clean .. 7.13 % 0.00 %

+0.33 (+1.28%)

USD 0.02B
NRJL:LSE Lyxor MSCI New Energy ESG.. 6.80 % 0.00 %

+0.51 (+1.28%)

USD 0.70B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 6.32 % 0.00 %

+0.46 (+1.28%)

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

N/A

USD 0.70B
NRJC:PA Lyxor MSCI New Energy ESG.. 6.32 % 0.00 %

+0.09 (+1.28%)

N/A
NRJ:PA Multi Units France - Lyxo.. 6.09 % 0.00 %

+0.41 (+1.28%)

USD 0.70B
NRJU:LSE Lyxor MSCI New Energy ESG.. 5.93 % 0.00 %

+0.56 (+1.28%)

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

-0.05 (1.28%)

N/A
PWER Macquarie ETF Trust 5.74 % 0.00 %

+0.35 (+1.28%)

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

+0.02 (+1.28%)

CAD 0.03B
DXET:CA Dynamic Active Energy Evo.. 5.07 % 0.00 %

+0.23 (+1.28%)

CAD 2.18M
ERTH Invesco MSCI Sustainable .. 4.83 % 0.00 %

+0.41 (+1.28%)

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

+0.28 (+1.28%)

USD 0.01B
ZERO:PA 4.72 % 0.00 %

N/A

N/A
ACES ALPS Clean Energy 4.63 % 0.00 %

+0.48 (+1.28%)

USD 0.20B
ZERP:LSE 4.53 % 0.00 %

N/A

N/A
ZERO:LSE 4.53 % 0.00 %

N/A

N/A
ERTH:AU BetaShares Climate Change.. 4.44 % 0.00 %

N/A

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

+0.25 (+1.28%)

USD 1.59M
FNRG:XETRA Fidelity Clean Energy UCI.. 3.90 % 0.00 %

+0.07 (+1.28%)

N/A
SMOG VanEck Low Carbon Energy .. 3.85 % 0.00 %

+1.06 (+1.28%)

USD 0.14B
RENG:LSE L&G Clean Energy UCITS ET.. 3.72 % 0.00 %

+14.10 (+1.28%)

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

+0.17 (+1.28%)

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

+0.57 (+1.28%)

USD 3.07M
CLMA:LSE iClima Global Decarbonisa.. 3.65 % 0.00 %

+0.14 (+1.28%)

USD 0.02B
CCSO Tidal ETF Trust II - Carb.. 3.64 % 0.00 %

+0.15 (+1.28%)

N/A
FNRG:LSE Fidelity Clean Energy UCI.. 3.64 % 0.00 %

+0.06 (+1.28%)

USD 0.01B
RENW:XETRA L&G Clean Energy UCITS ET.. 3.55 % 0.00 %

+0.21 (+1.28%)

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

+0.16 (+1.28%)

USD 0.23B
TANN:XETRA 3.45 % 0.00 %

N/A

N/A
TANN:PA 3.45 % 0.00 %

N/A

N/A
SOLR Guinness Atkinson Funds 3.27 % 0.00 %

+0.38 (+1.28%)

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

+0.18 (+1.28%)

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

+0.41 (+1.28%)

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

+0.33 (+1.28%)

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

+0.26 (+1.28%)

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

+0.25 (+1.28%)

USD 0.02B
QQJE:CA Invesco ESG NASDAQ Next G.. 1.98 % 0.00 %

N/A

CAD 0.96M
QQJG Invesco ESG NASDAQ Next G.. 1.95 % 0.00 %

+0.22 (+1.28%)

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

-0.07 (1.28%)

N/A
EQJS:LSE Invesco NASDAQ Next Gener.. 1.74 % 0.00 %

+47.00 (+1.28%)

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

N/A

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

+0.49 (+1.28%)

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

+0.21 (+1.28%)

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

+0.13 (+1.28%)

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

+0.12 (+1.28%)

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

+11.80 (+1.28%)

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 %

+0.03 (+1.28%)

USD 2.77B
GEX 0.00 % 0.63 %

N/A

N/A
PZD 0.00 % 0.68 %

N/A

N/A
RYT 0.00 % 0.40 %

N/A

N/A
TAN Invesco Solar ETF 0.00 % 0.65 %

+0.89 (+1.28%)

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

+8.88 (+1.28%)

N/A
DNRG:LSE 0.00 % 0.00 %

N/A

N/A
CTEC Global X CleanTech ETF 0.00 % 0.00 %

+0.12 (+1.28%)

USD 0.04B
CLMT:CA 0.00 % 0.00 %

N/A

N/A

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 32.80% 89% A- 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 32.80% 89% A- 86% B+
Trailing 12 Months  
Capital Gain 31.45% 100% F 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 31.45% 100% F 79% B-
Trailing 5 Years  
Capital Gain 260.64% 89% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 260.64% 89% A- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 46.91% 72% C 89% A-
Dividend Return 46.91% 72% C 89% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 60.09% 56% F 30% F
Risk Adjusted Return 78.07% 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 55% 45%
Price/Book Ratio 3.38 31% 31%
Price / Cash Flow Ratio 40.67 11% 7%
Price/Free Cash Flow Ratio 13.87 33% 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 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.