FSLR:NGS-First Solar Inc. (USD)

EQUITY | Solar | Nasdaq Global Select

Last Closing

USD 193.61

Change

+2.89 (+1.52)%

Market Cap

USD 3.08B

Volume

1.23M

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: 2024-05-09 )

Largest Industry Peers for Solar

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RUN Sunrun Inc

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SEDG SolarEdge Technologies Inc

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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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SMXT Solarmax Technology Inc. Commo..

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ZEO Zeo Energy Corp

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USD 0.18B

ETFs Containing FSLR

RAYS:LSE Invesco Solar Energy UCIT.. 16.44 % 0.00 %

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USD 0.07B
ISUN:LSE Invesco Solar Energy UCIT.. 15.97 % 0.00 %

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USD 0.07B
TAN Invesco Solar ETF 15.97 % 0.65 %

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USD 1.18B
RAYG:LSE Global X Solar UCITS ETF .. 14.33 % 0.00 %

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USD 3.04M
RAYZ:LSE Global X Solar UCITS ETF .. 14.33 % 0.00 %

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USD 3.04M
RAYS Global X Solar ETF 13.20 % 0.00 %

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USD 6.75M
QCLN:LSE First Trust Nasdaq Clean .. 12.94 % 0.00 %

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USD 0.01B
QCLU:LSE First Trust Nasdaq® Clea.. 12.94 % 0.00 %

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USD 0.02B
S0LR:F Invesco Solar Energy UCIT.. 12.22 % 0.00 %

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USD 0.07B
S0LR:XETRA Invesco Solar Energy UCIT.. 12.22 % 0.00 %

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USD 0.07B
SOLR:SW Invesco Solar Energy UCIT.. 12.22 % 0.00 %

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USD 0.06B
QCLN First Trust NASDAQ® Clea.. 12.22 % 0.60 %

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USD 0.79B
RA7Z:XETRA Global X Solar UCITS ETF .. 10.09 % 0.00 %

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USD 3.23M
RAYZ:SW Global X Solar UCITS ETF .. 10.09 % 0.00 %

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USD 3.04M
TANN:AU BetaShares Solar ETF 9.85 % 0.00 %

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QCLN:F First Trust Nasdaq Clean .. 9.65 % 0.00 %

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USD 0.02B
QCLN:XETRA First Trust Nasdaq Clean .. 9.65 % 0.00 %

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USD 0.02B
CTEG:LSE Global X CleanTech UCITS .. 9.31 % 0.00 %

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USD 2.14M
XCLN:CA iShares Global Clean Ener.. 7.75 % 0.00 %

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CAD 8.43M
INRG:SW iShares Global Clean Ener.. 7.73 % 0.00 %

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USD 3.24B
INRE:PA iShares Global Clean Ener.. 7.73 % 0.00 %

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NRJL:LSE Lyxor MSCI New Energy ESG.. 7.70 % 0.00 %

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USD 0.77B
NRJU:LSE Lyxor MSCI New Energy ESG.. 7.70 % 0.00 %

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USD 0.77B
CT3C:XETRA Global X CleanTech UCITS .. 7.08 % 0.00 %

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USD 2.37M
CTEK:SW Global X CleanTech UCITS .. 7.08 % 0.00 %

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USD 2.14M
RNEW VanEck Green Infrastructu.. 6.43 % 0.00 %

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USD 1.76M
D6RD:XETRA Deka Future Energy ESG UC.. 5.88 % 0.00 %

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FNRG:LSE Fidelity Clean Energy UCI.. 5.85 % 0.00 %

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USD 8.64M
LYNRJ:SW Amundi MSCI New Energy ES.. 5.55 % 0.00 %

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USD 0.79B
NRJC:PA Lyxor MSCI New Energy ESG.. 5.55 % 0.00 %

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PWER Macquarie Energy Transiti.. 5.32 % 0.00 %

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USD 5.74M
XDG7:XETRA Xtrackers MSCI Global SDG.. 5.25 % 0.00 %

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USD 0.01B
CTEX ProShares S&P Kensho Clea.. 5.15 % 0.00 %

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USD 3.68M
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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XSD SPDR® S&P Semiconductor .. 4.49 % 0.35 %

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USD 1.49B
SOLR Guinness Atkinson Funds 4.44 % 0.00 %

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USD 5.36M
CLNE:AU VanEck Global Clean Energ.. 4.43 % 0.00 %

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USD 0.09B
ZER0:XETRA 4.38 % 0.00 %

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FNRG:XETRA Fidelity Clean Energy UCI.. 4.35 % 0.00 %

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USD 8.63M
TANN:LSE 4.00 % 0.00 %

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TANP:LSE 4.00 % 0.00 %

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RENG:LSE L&G Clean Energy UCITS ET.. 3.89 % 0.00 %

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USD 0.25B
RENW:LSE L&G Clean Energy UCITS ET.. 3.89 % 0.00 %

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USD 0.25B
TANN:XETRA 3.45 % 0.00 %

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TANN:PA 3.45 % 0.00 %

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ERTH:AU BetaShares Climate Change.. 3.10 % 0.00 %

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USD 0.11B
WRNW:XETRA WisdomTree Renewable Ener.. 2.95 % 0.00 %

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USD 1.14M
RENW:XETRA L&G Clean Energy UCITS ET.. 2.85 % 0.00 %

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USD 0.21B
RENW:SW L&G Clean Energy UCITS ET.. 2.85 % 0.00 %

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USD 0.23B
PBW Invesco WilderHill Clean .. 2.77 % 0.70 %

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USD 0.33B
XG12:SW Xtrackers MSCI Global SDG.. 2.57 % 0.00 %

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USD 4.54M
XG12:XETRA Xtrackers MSCI Global SDG.. 2.36 % 0.00 %

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USD 4.46M
QQJG Invesco ESG NASDAQ Next G.. 2.23 % 0.00 %

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USD 5.46M
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.13 % 0.00 %

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USD 0.01B
EQQJ:LSE Invesco NASDAQ Next Gener.. 2.04 % 0.00 %

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USD 0.05B
EQJS:LSE Invesco NASDAQ Next Gener.. 2.04 % 0.00 %

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USD 0.05B
RSPT Invesco S&P 500® Equal.. 1.78 % 0.00 %

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USD 3.97B
LVNG:LSE Rize Environmental Impact.. 1.71 % 0.00 %

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USD 0.09B
CLMP:LSE iClima Global Decarbonisa.. 1.63 % 0.00 %

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USD 0.03B
CLMA:LSE iClima Global Decarbonisa.. 1.63 % 0.00 %

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USD 0.03B
TMFX Motley Fool Next Index ET.. 1.57 % 0.00 %

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USD 0.03B
PBD Invesco Global Clean Ener.. 1.49 % 0.75 %

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USD 0.13B
GCLE:LSE Invesco Markets II plc - .. 1.49 % 0.00 %

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USD 0.04B
GCLX:LSE Invesco Markets II plc - .. 1.49 % 0.00 %

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USD 0.04B
GCED:LSE Invesco Markets II plc - .. 1.49 % 0.00 %

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USD 1.46M
GCEX:LSE Invesco Markets II plc - .. 1.49 % 0.00 %

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USD 1.46M
SPHB Invesco S&P 500® High Be.. 1.24 % 0.25 %

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USD 0.63B
XT iShares Exponential Techn.. 0.80 % 0.47 %

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USD 3.45B
FLDZ 0.58 % 0.00 %

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IUSF:LSE iShares IV Public Limited.. 0.47 % 0.00 %

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USD 0.19B
IUSZ:LSE iShares Edge MSCI USA Siz.. 0.47 % 0.00 %

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USD 0.19B
BLES Inspire Global Hope ETF 0.37 % 0.62 %

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USD 0.11B
SPED:LSE Invesco S&P 500 Equal Wei.. 0.35 % 0.00 %

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USD 0.08B
SPEQ:LSE Invesco S&P 500 Equal Wei.. 0.35 % 0.00 %

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USD 0.18B
SPEX:LSE Invesco S&P 500 Equal Wei.. 0.35 % 0.00 %

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USD 0.18B
XEWG:LSE Xtrackers S&P 500 Equal W.. 0.35 % 0.00 %

N/A

USD 0.07B
SPES:LSE Invesco S&P 500 Equal Wei.. 0.35 % 0.00 %

N/A

USD 0.08B
EWSP:LSE iShares S&P 500 Equal Wei.. 0.34 % 0.00 %

N/A

USD 1.39B
RSP Invesco S&P 500® Equal W.. 0.31 % 0.20 %

N/A

USD 55.50B
EUSA iShares MSCI USA Equal We.. 0.28 % 0.15 %

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USD 0.74B
EWSP:SW iShares S&P 500 Equal Wei.. 0.22 % 0.00 %

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USD 1.39B
BFOR Barron's 400 ETF 0.00 % 0.65 %

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USD 0.14B
GEX 0.00 % 0.63 %

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PZD 0.00 % 0.68 %

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CNRG SPDR® Kensho Clean Power.. 0.00 % 0.00 %

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USD 0.21B
SMOG VanEck Low Carbon Energy .. 0.00 % 0.00 %

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USD 0.14B
RYT 0.00 % 0.40 %

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

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USD 3.26B
DNRG:LSE 0.00 % 0.00 %

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XDEW:LSE Xtrackers S&P 500 Equal W.. 0.00 % 0.00 %

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USD 6.03B
XDWE:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

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USD 5.87B
NRJ:PA Multi Units France - Lyxo.. 0.00 % 0.00 %

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USD 0.79B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.00 %

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

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CAD 0.03B
ZCLN:CA BMO Clean Energy Index ET.. 0.00 % 0.00 %

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CAD 0.07B
CTEC Global X CleanTech ETF 0.00 % 0.00 %

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USD 0.05B
ACES ALPS Clean Energy 0.00 % 0.00 %

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USD 0.23B
ERTH Invesco MSCI Sustainable .. 0.00 % 0.00 %

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USD 0.19B
CLMT:CA 0.00 % 0.00 %

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DXET:CA Dynamic Active Energy Evo.. 0.00 % 0.00 %

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CAD 2.41M
MVPS Amplify Thematic All-Star.. 0.00 % 0.00 %

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USD 2.70M

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 12.38% 90% A- 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.38% 90% A- 76% C+
Trailing 12 Months  
Capital Gain 5.69% 94% A 57% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.69% 94% A 54% F
Trailing 5 Years  
Capital Gain 222.74% 90% A- 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 222.74% 90% A- 92% A
Average Annual (5 Year Horizon)  
Capital Gain 44.50% 67% D+ 89% A-
Dividend Return 44.50% 67% D+ 89% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 61.72% 50% F 26% F
Risk Adjusted Return 72.10% 100% F 91% A-
Market Capitalization 3.08B 100% F 96% 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 33% 40%
Price/Book Ratio 2.92 33% 35%
Price / Cash Flow Ratio 31.77 14% 8%
Price/Free Cash Flow Ratio 14.89 35% 18%
Management Effectiveness  
Return on Equity 13.27% 84% 82%
Return on Invested Capital 12.01% 81% 81%
Return on Assets 5.95% 86% 88%
Debt to Equity Ratio 6.94% 86% 75%

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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