FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 178.73

Change

+3.71 (+2.12)%

Market Cap

USD 3.08B

Volume

1.34M

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: 2024-04-26 )

Largest Industry Peers for Solar

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NXT Nextracker Inc. Class A Common..

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ARRY Array Technologies Inc

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SHLS Shoals Technologies Group Inc

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CSIQ Canadian Solar Inc

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SPWR SunPower Corporation

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BEEMW Beam Global

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SMXT Solarmax Technology Inc. Commo..

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ETFs Containing FSLR

ISUN:LSE Invesco Solar Energy UCIT.. 12.62 % 0.00 %

+0.19 (+0.77%)

USD 0.06B
RAYS:LSE Invesco Solar Energy UCIT.. 12.62 % 0.00 %

+19.80 (+0.77%)

USD 0.06B
S0LR:F Invesco Solar Energy UCIT.. 11.15 % 0.00 %

-0.13 (0.77%)

USD 0.07B
RAYG:LSE Global X Solar UCITS ETF .. 10.60 % 0.00 %

+0.13 (+0.77%)

USD 0.50M
RAYZ:LSE Global X Solar UCITS ETF .. 10.60 % 0.00 %

+0.18 (+0.77%)

USD 3.19M
S0LR:XETRA Invesco Solar Energy UCIT.. 10.49 % 0.00 %

+0.12 (+0.77%)

USD 0.07B
SOLR:SW Invesco Solar Energy UCIT.. 10.49 % 0.00 %

N/A

USD 0.69M
RAYS Global X Solar ETF 10.29 % 0.00 %

+0.29 (+0.77%)

USD 6.06M
QCLN:LSE First Trust Nasdaq Clean .. 9.85 % 0.00 %

+6.10 (+0.77%)

USD 0.02B
QCLU:LSE First Trust Nasdaq® Clea.. 9.85 % 0.00 %

+0.09 (+0.77%)

USD 0.02B
RA7Z:XETRA Global X Solar UCITS ETF .. 8.94 % 0.00 %

+0.13 (+0.77%)

USD 3.23M
RAYZ:SW Global X Solar UCITS ETF .. 8.94 % 0.00 %

N/A

USD 3.19M
XCLN:CA iShares Global Clean Ener.. 8.80 % 0.00 %

-0.11 (0.77%)

CAD 7.50M
INRG:LSE iShares Global Clean Ener.. 8.78 % 0.00 %

-1.50 (0.77%)

USD 3.00B
INRG:SW iShares Global Clean Ener.. 8.78 % 0.00 %

N/A

USD 3.09B
INRE:PA iShares Global Clean Ener.. 8.78 % 0.00 %

-0.04 (0.77%)

N/A
QCLN:XETRA First Trust Nasdaq Clean .. 8.73 % 0.00 %

+0.03 (+0.77%)

USD 0.02B
TANN:AU BetaShares Solar ETF 8.39 % 0.00 %

-0.14 (0.77%)

N/A
CTEG:LSE Global X CleanTech UCITS .. 7.37 % 0.00 %

+0.03 (+0.77%)

USD 2.98M
CTEC Global X CleanTech ETF 7.23 % 0.00 %

+0.06 (+0.77%)

USD 0.05B
RNEW VanEck Green Infrastructu.. 6.43 % 0.00 %

+0.23 (+0.77%)

USD 1.76M
CT3C:XETRA Global X CleanTech UCITS .. 6.20 % 0.00 %

+0.03 (+0.77%)

USD 2.37M
CTEK:SW Global X CleanTech UCITS .. 6.20 % 0.00 %

N/A

USD 2.28M
NRJU:LSE Lyxor MSCI New Energy ESG.. 5.77 % 0.00 %

+0.28 (+0.77%)

USD 0.74B
NRJL:LSE Lyxor MSCI New Energy ESG.. 5.55 % 0.00 %

+0.15 (+0.77%)

USD 0.75B
D6RD:XETRA Deka Future Energy ESG UC.. 5.35 % 0.00 %

+0.35 (+0.77%)

N/A
CLNE:AU VanEck Global Clean Energ.. 5.13 % 0.00 %

-0.07 (0.77%)

USD 0.09B
LYNRJ:SW Amundi MSCI New Energy ES.. 5.08 % 0.00 %

N/A

USD 0.77B
NRJC:PA Lyxor MSCI New Energy ESG.. 5.08 % 0.00 %

+0.02 (+0.77%)

N/A
XDG7:XETRA Xtrackers MSCI Global SDG.. 4.84 % 0.00 %

+0.15 (+0.77%)

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
ZER0:XETRA 4.38 % 0.00 %

N/A

N/A
CTEX ProShares S&P Kensho Clea.. 4.34 % 0.00 %

+0.34 (+0.77%)

USD 3.00M
FNRG:LSE Fidelity Clean Energy UCI.. 4.18 % 0.00 %

+0.02 (+0.77%)

USD 8.49M
SOLR Guinness Atkinson Funds 4.15 % 0.00 %

+0.32 (+0.77%)

USD 4.67M
TANN:LSE HANetf ICAV - Solar Energ.. 4.00 % 0.00 %

N/A

USD 6.17M
TANP:LSE HANetf ICAV - Solar Energ.. 4.00 % 0.00 %

N/A

USD 6.17M
FNRG:XETRA Fidelity Clean Energy UCI.. 3.98 % 0.00 %

+0.02 (+0.77%)

USD 6.83M
TANN:XETRA HANetf ICAV - Solar Energ.. 3.45 % 0.00 %

N/A

USD 7.23M
TANN:PA HANetf ICAV - Solar Energ.. 3.45 % 0.00 %

N/A

N/A
RENG:LSE L&G Clean Energy UCITS ET.. 3.01 % 0.00 %

+0.90 (+0.77%)

USD 0.21B
RENW:LSE L&G Clean Energy UCITS ET.. 3.01 % 0.00 %

+0.03 (+0.77%)

USD 0.21B
ERTH:AU BetaShares Climate Change.. 2.81 % 0.00 %

-0.02 (0.77%)

USD 0.11B
RENW:XETRA L&G Clean Energy UCITS ET.. 2.65 % 0.00 %

-0.01 (0.77%)

USD 0.21B
RENW:SW L&G Clean Energy UCITS ET.. 2.65 % 0.00 %

N/A

USD 0.20B
WRNW:XETRA WisdomTree Renewable Ener.. 2.46 % 0.00 %

+0.14 (+0.77%)

USD 0.58M
XG12:XETRA Xtrackers MSCI Global SDG.. 2.36 % 0.00 %

+0.11 (+0.77%)

USD 4.43M
XG12:SW Xtrackers MSCI Global SDG.. 2.36 % 0.00 %

N/A

USD 4.43M
XDGI:XETRA Xtrackers MSCI Global SDG.. 1.96 % 0.00 %

+0.04 (+0.77%)

USD 0.01B
RSPT Invesco S&P 500® Equal.. 1.78 % 0.00 %

-0.09 (0.77%)

USD 3.97B
CLMP:LSE iClima Global Decarbonisa.. 1.16 % 0.00 %

+3.90 (+0.77%)

USD 0.03B
CLMA:LSE iClima Global Decarbonisa.. 1.16 % 0.00 %

+0.07 (+0.77%)

USD 0.03B
ISPE:LSE iShares S&P 500 Equal Wei.. 0.24 % 0.00 %

+0.03 (+0.77%)

USD 0.52B
EWSP:SW iShares S&P 500 Equal Wei.. 0.22 % 0.00 %

N/A

USD 1.24B
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 %

+0.92 (+0.77%)

USD 0.19B
SMOG VanEck Low Carbon Energy .. 0.00 % 0.00 %

+1.33 (+0.77%)

USD 0.13B
RYT 0.00 % 0.40 %

N/A

N/A
TAN Invesco Solar ETF 0.00 % 0.65 %

+0.72 (+0.77%)

USD 1.04B
XSD SPDR® S&P Semiconductor .. 0.00 % 0.35 %

+0.77 (+0.77%)

USD 1.44B
DNRG:LSE 0.00 % 0.00 %

N/A

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

+0.14 (+0.77%)

USD 0.74B
IQQH:F iShares Global Clean Ener.. 0.00 % 0.00 %

-0.02 (0.77%)

USD 3.09B
IQQH:XETRA iShares Global Clean Ener.. 0.00 % 0.00 %

-0.01 (0.77%)

USD 3.34B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.00 %

+0.16 (+0.77%)

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

+0.11 (+0.77%)

CAD 0.02B
ZCLN:CA BMO Clean Energy Index ET.. 0.00 % 0.00 %

+0.01 (+0.77%)

CAD 0.06B
ACES ALPS Clean Energy 0.00 % 0.00 %

+0.59 (+0.77%)

USD 0.19B
DTEC ALPS Disruptive Technolog.. 0.00 % 0.00 %

+0.38 (+0.77%)

USD 0.09B
ERTH Invesco MSCI Sustainable .. 0.00 % 0.00 %

+0.36 (+0.77%)

USD 0.18B
CLMT:CA 0.00 % 0.00 %

N/A

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

N/A

USD 0.02B
DXET:CA Dynamic Active Energy Evo.. 0.00 % 0.00 %

N/A

CAD 2.16M

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 3.74% 90% A- 68% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.74% 90% A- 66% D+
Trailing 12 Months  
Capital Gain -2.11% 88% B+ 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.11% 88% B+ 46% F
Trailing 5 Years  
Capital Gain 190.43% 90% A- 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 190.43% 90% A- 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 44.35% 65% D 90% A-
Dividend Return 44.35% 65% D 89% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 61.86% 53% F 26% F
Risk Adjusted Return 71.70% 100% F 91% A-
Market Capitalization 3.08B 100% F 95% 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 2.45 41% 40%
Price / Cash Flow Ratio 27.20 15% 10%
Price/Free Cash Flow Ratio 12.29 37% 22%
Management Effectiveness  
Return on Equity 13.27% 83% 82%
Return on Invested Capital 12.01% 76% 81%
Return on Assets 5.95% 80% 88%
Debt to Equity Ratio 6.94% 80% 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