CSIQ:NSD-Canadian Solar Inc (USD)

COMMON STOCK | Solar |

Last Closing

USD 11.12

Change

+0.08 (+0.72)%

Market Cap

USD 0.66B

Volume

0.86M

Analyst Target

USD 30.99
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery energy storage projects; operates solar power plants; and sells electricity and related services. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 600 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies. Additionally, it caters to utility companies or grid operators, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users. It sells its products primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-06-05 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
FSLR First Solar Inc

+4.03 (+2.52%)

USD 15.09B
ENPH Enphase Energy Inc

-1.86 (-4.31%)

USD 5.43B
RUN Sunrun Inc

+0.22 (+2.70%)

USD 2.14B
SEDG SolarEdge Technologies Inc

+0.27 (+1.55%)

USD 1.17B
ARRY Array Technologies Inc

+0.42 (+6.02%)

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SHLS Shoals Technologies Group Inc

+0.04 (+0.82%)

USD 0.77B
CSLR Complete Solaria, Inc. Common ..

-0.11 (-5.98%)

USD 0.13B
PN Skycorp Solar Group Limited Or..

+0.27 (+9.96%)

USD 0.11B
TYGO Tigo Energy Inc.

-0.02 (-2.15%)

USD 0.06B
SMXT Solarmax Technology Inc. Commo..

+0.01 (+0.88%)

USD 0.05B

ETFs Containing CSIQ

CTEX ProShares S&P Kensho Clea.. 3.65 % 0.00 %

+0.04 (+-0.17%)

USD 1.47M
SULR Guinness Atkinson Funds -.. 3.43 % 0.00 %

N/A

N/A
WRNW:XETRA WisdomTree Renewable Ener.. 2.67 % 0.00 %

-0.05 (-0.17%)

N/A
PZI 0.00 % 0.70 %

N/A

N/A
BATG:LSE L&G Battery Value-Chain U.. 0.00 % 0.00 %

+7.90 (+-0.17%)

N/A
BATT:LSE L&G Battery Value-Chain U.. 0.00 % 0.00 %

+0.15 (+-0.17%)

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

-0.02 (-0.17%)

N/A
TANN:LSE 0.00 % 0.00 %

N/A

N/A
TANP:LSE 0.00 % 0.00 %

N/A

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

-0.02 (-0.17%)

USD 0.19B

Market Performance

  Market Performance vs. Industry/Classification (Solar) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain -39.33% 62% D 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -39.33% 62% D 24% F
Trailing 5 Years  
Capital Gain -42.17% 67% D+ 30% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -42.17% 67% D+ 28% F
Average Annual (5 Year Horizon)  
Capital Gain -16.12% 48% F 18% F
Dividend Return -16.12% 48% F 18% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 39.42% 62% D 45% F
Risk Adjusted Return -40.90% 43% F 19% F
Market Capitalization 0.66B 71% C- 67% D+

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 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 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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive free cash flow

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

Superior Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

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

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.