Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.39
CSIQ's Cash to Debt is ranked lower than
52% of the 1215 Companies
in the Global Solar industry.

( Industry Median: 1.88 vs. CSIQ: 0.39 )
CSIQ' s 10-Year Cash to Debt Range
Min: 0.11   Max: No Debt
Current: 0.39

Equity to Asset 0.23
CSIQ's Equity to Asset is ranked lower than
63% of the 1180 Companies
in the Global Solar industry.

( Industry Median: 0.63 vs. CSIQ: 0.23 )
CSIQ' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.87
Current: 0.23

0.13
0.87
Interest Coverage 7.49
CSIQ's Interest Coverage is ranked lower than
54% of the 722 Companies
in the Global Solar industry.

( Industry Median: 248.72 vs. CSIQ: 7.49 )
CSIQ' s 10-Year Interest Coverage Range
Min: 0.16   Max: 9999.99
Current: 7.49

0.16
9999.99
F-Score: 7
Z-Score: 2.04
M-Score: -2.17
WACC vs ROIC
18.48%
20.70%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 12.37
CSIQ's Operating margin (%) is ranked higher than
85% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 5.14 vs. CSIQ: 12.37 )
CSIQ' s 10-Year Operating margin (%) Range
Min: -11.01   Max: 28.55
Current: 12.37

-11.01
28.55
Net-margin (%) 8.09
CSIQ's Net-margin (%) is ranked higher than
78% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 4.43 vs. CSIQ: 8.09 )
CSIQ' s 10-Year Net-margin (%) Range
Min: -15.1   Max: 20.76
Current: 8.09

-15.1
20.76
ROE (%) 42.59
CSIQ's ROE (%) is ranked higher than
99% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 5.64 vs. CSIQ: 42.59 )
CSIQ' s 10-Year ROE (%) Range
Min: -51.65   Max: 76.63
Current: 42.59

-51.65
76.63
ROA (%) 8.42
CSIQ's ROA (%) is ranked higher than
85% of the 1215 Companies
in the Global Solar industry.

( Industry Median: 3.20 vs. CSIQ: 8.42 )
CSIQ' s 10-Year ROA (%) Range
Min: -12.01   Max: 31.68
Current: 8.42

-12.01
31.68
ROC (Joel Greenblatt) (%) 33.24
CSIQ's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 1211 Companies
in the Global Solar industry.

( Industry Median: 9.20 vs. CSIQ: 33.24 )
CSIQ' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -11.78   Max: 527.05
Current: 33.24

-11.78
527.05
Revenue Growth (3Y)(%) 4.20
CSIQ's Revenue Growth (3Y)(%) is ranked higher than
79% of the 846 Companies
in the Global Solar industry.

( Industry Median: -1.70 vs. CSIQ: 4.20 )
CSIQ' s 10-Year Revenue Growth (3Y)(%) Range
Min: -1.4   Max: 165.7
Current: 4.2

-1.4
165.7
EBITDA Growth (3Y)(%) 133.30
CSIQ's EBITDA Growth (3Y)(%) is ranked higher than
99% of the 644 Companies
in the Global Solar industry.

( Industry Median: -2.10 vs. CSIQ: 133.30 )
CSIQ' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -7.2   Max: 177.2
Current: 133.3

-7.2
177.2
» CSIQ's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

CSIQ Guru Trades in Q1 2014

Louis Moore Bacon 25,000 sh (New)
Steven Cohen 127,000 sh (+93.87%)
Jim Simons Sold Out
» More
Q2 2014

CSIQ Guru Trades in Q2 2014

Steven Cohen 461,400 sh (unchged)
Louis Moore Bacon 17,857 sh (-28.57%)
» More
Q3 2014

CSIQ Guru Trades in Q3 2014

Paul Tudor Jones 6,782 sh (New)
Jim Simons 6,902 sh (New)
Louis Moore Bacon Sold Out
Steven Cohen 119,900 sh (-74.01%)
» More
Q4 2014

CSIQ Guru Trades in Q4 2014

Mario Gabelli 8,750 sh (New)
Steven Cohen 179,700 sh (+49.87%)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CSIQ

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 9.00
CSIQ's P/E(ttm) is ranked higher than
96% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 56.20 vs. CSIQ: 9.00 )
CSIQ' s 10-Year P/E(ttm) Range
Min: 2.71   Max: 81.7
Current: 9

2.71
81.7
PE(NRI) 9.10
CSIQ's PE(NRI) is ranked higher than
96% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 56.20 vs. CSIQ: 9.10 )
CSIQ' s 10-Year PE(NRI) Range
Min: 2.71   Max: 83.42
Current: 9.1

2.71
83.42
P/B 2.80
CSIQ's P/B is ranked higher than
52% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 2.25 vs. CSIQ: 2.80 )
CSIQ' s 10-Year P/B Range
Min: 0.19   Max: 8.09
Current: 2.8

0.19
8.09
P/S 0.73
CSIQ's P/S is ranked higher than
82% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 1.98 vs. CSIQ: 0.73 )
CSIQ' s 10-Year P/S Range
Min: 0.05   Max: 4.38
Current: 0.73

0.05
4.38
PFCF 10.95
CSIQ's PFCF is ranked higher than
91% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 732.90 vs. CSIQ: 10.95 )
CSIQ' s 10-Year PFCF Range
Min: 5.7   Max: 10.95
Current: 10.95

5.7
10.95
POCF 8.26
CSIQ's POCF is ranked higher than
87% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 26.43 vs. CSIQ: 8.26 )
CSIQ' s 10-Year POCF Range
Min: 1.73   Max: 147
Current: 8.26

1.73
147
EV-to-EBIT 7.42
CSIQ's EV-to-EBIT is ranked higher than
94% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 42.42 vs. CSIQ: 7.42 )
CSIQ' s 10-Year EV-to-EBIT Range
Min: -436.4   Max: 248.4
Current: 7.42

-436.4
248.4
Current Ratio 1.19
CSIQ's Current Ratio is ranked lower than
55% of the 1206 Companies
in the Global Solar industry.

( Industry Median: 2.58 vs. CSIQ: 1.19 )
CSIQ' s 10-Year Current Ratio Range
Min: 0.94   Max: 7.38
Current: 1.19

0.94
7.38
Quick Ratio 0.97
CSIQ's Quick Ratio is ranked lower than
53% of the 1206 Companies
in the Global Solar industry.

( Industry Median: 1.90 vs. CSIQ: 0.97 )
CSIQ' s 10-Year Quick Ratio Range
Min: 0.76   Max: 4.87
Current: 0.97

0.76
4.87
Days Inventory 57.43
CSIQ's Days Inventory is ranked higher than
79% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 90.69 vs. CSIQ: 57.43 )
CSIQ' s 10-Year Days Inventory Range
Min: 47.09   Max: 237.02
Current: 57.43

47.09
237.02
Days Sales Outstanding 48.58
CSIQ's Days Sales Outstanding is ranked higher than
80% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 67.85 vs. CSIQ: 48.58 )
CSIQ' s 10-Year Days Sales Outstanding Range
Min: 22.81   Max: 94.55
Current: 48.58

22.81
94.55

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.83
CSIQ's Price/Tangible Book is ranked higher than
58% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 2.70 vs. CSIQ: 2.83 )
CSIQ' s 10-Year Price/Tangible Book Range
Min: 0.25   Max: 6.09
Current: 2.83

0.25
6.09
Price/DCF (Projected) 25.61
CSIQ's Price/DCF (Projected) is ranked higher than
71% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. CSIQ: 25.61 )
CSIQ' s 10-Year Price/DCF (Projected) Range
Min: 17.04   Max: 17.04
Current: 25.61

Price/Median PS Value 1.28
CSIQ's Price/Median PS Value is ranked higher than
63% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 1.30 vs. CSIQ: 1.28 )
CSIQ' s 10-Year Price/Median PS Value Range
Min: 0.11   Max: 6.16
Current: 1.28

0.11
6.16
Price/Graham Number 1.02
CSIQ's Price/Graham Number is ranked higher than
85% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 3.60 vs. CSIQ: 1.02 )
CSIQ' s 10-Year Price/Graham Number Range
Min: 0.68   Max: 2.56
Current: 1.02

0.68
2.56
Earnings Yield (Greenblatt) 13.50
CSIQ's Earnings Yield (Greenblatt) is ranked higher than
93% of the 1187 Companies
in the Global Solar industry.

( Industry Median: 3.10 vs. CSIQ: 13.50 )
CSIQ' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 32.8
Current: 13.5

0.4
32.8

Business Description

Industry: Semiconductors » Solar
Compare:FSLR, SPWR, SOL, CSSXF, TSL » details
Traded in other countries:L5A.Germany, CSIQ.Switzerland,
Canadian Solar Inc was incorporated under the laws of the Province of Ontario, Canada in October 2001. The Company changed its jurisdiction by continuing under the Canadian federal corporate statute, the Canada Business Corporations Act, or CBCA, effective June 1, 2006. As a result, it was governed by the CBCA. The Company is a solar power company. It is vertically integrated provider of solar power products and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. The Company designs, develops, and manufactures solar wafers, cells and solar power products. The Company operates its business in two principal reportable business segments, i.e., module segment and project segment. The module segment primarily involves design, development, manufacture and sales of solar power products and solar system kits to third parties. The project segment involves solar power project development, EPC services and O&M services. Its solar power products include standard solar modules and specialty solar products. Its products include solar modules built to general specifications for use in a wide range of residential, commercial and industrial solar power generation systems. Specialty solar products consist of customized solar modules that its customers incorporate into their own products and complete specialty products, such as portable solar home systems. It sells its products primarily under its "Canadian Solar" brand name. Its product lines range from modules of medium power, to high efficiency, high-power output mono-crystalline modules, as well as a range of specialty products. The Company currently sells its products to a diverse customer base in various markets worldwide, including China, Japan, the U.S., Germany, Spain, Italy, France, the Czech Republic, Canada and India, among other countries. Its customers primarily include distributors, system integrators, project developers and installers/EPC companies. The Company competes with international companies such as First Solar and Sharp Solar, and China-based companies such as Yingli, Trina and Jinko. Some of its competitors are developing or producing products based on alternative solar technologies, such as thin film PV materials, that may ultimately have costs similar to, or lower than, the Company's projected costs.
» More Articles for CSIQ

Headlines

Articles On GuruFocus.com
Investing in This Solar Stock Will Lead to Long-Term Gains Mar 29 2015 
Canadian Solar's Long-Term Prospects Look Strong Mar 27 2015 
real money Mar 07 2015 
Momentum Performers: Canadian Solar (CSIQ), Office Depot (ODP), Whiting Petroleum (WLL) Feb 03 2015 
Canadian Solar Power: This Company Can Provide Good Returns To Investors Dec 23 2014 
Growth in Solar Power Adoption Is a Long-Term Driver for Canadian Solar Nov 18 2014 
Why This Solar Stock Looks Like a Good Buy for the Long Run Nov 18 2014 
Is Chanos Right About Solar Energy? Nov 23 2011 
Canadian Solar Reports Second Quarter 2009 Results Aug 06 2009 
Sun Still Shines on Trina Solar (TSL) Feb 17 2009 


More From Other Websites
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2014 Apr 24 2015
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2014 Apr 24 2015
Canadian Solar Still a Bargain Even After Nasdaq Surge Apr 23 2015
Canadian Solar to Attend 2015 CICC Conference in New York Apr 20 2015
Canadian Solar to Attend 2015 CICC Conference in New York Apr 20 2015
China Added 5GW Solar Capacity In Q1, On Track To Hit Record Target Apr 20 2015
Solar Demand In Japan, China Is Strong: Goldman Apr 13 2015
Solar Shakeout Seen As Bigger Module Makers Gain Apr 13 2015
Lightning Round: This market is hot right now Apr 08 2015
Canaccord: Canadian Solar Remains One Of The Top Players In The Solar Market Apr 07 2015
Canadian Solar Sells Third Ontario Power Plant to RET Capital Apr 06 2015
Canadian Solar Completes the Sale of the Third Utility Solar Power Plant to RET Capital Apr 06 2015
RET Capital Buys Third Utility-Scale Solar Power Plant in Ontario Apr 06 2015
Canadian Solar Completes the Sale of the Third Utility Solar Power Plant to RET Capital Apr 06 2015
Canadian Solar Energizes Four Solar PV Plants in the United Kingdom Apr 02 2015
Canadian Solar Energizes Four Solar PV Plants in the United Kingdom Apr 02 2015
Canadian Solar Completes the Acquisition of Recurrent Energy from Sharp Corporation Mar 31 2015
Canadian Solar Completes the Acquisition of Recurrent Energy from Sharp Corporation Mar 31 2015
Recurrent CEO Harris Steps Down as Solar Developer Sold Mar 31 2015
Canadian Solar Completes the Sale of GoldLight Solar Power Plant to DIF Mar 30 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK