Switch to:
Also traded in: Argentina, Germany, Mexico, Switzerland, UK

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 : 8/10

vs
industry
vs
history
Cash to Debt 6.28
FSLR's Cash to Debt is ranked higher than
56% of the 863 Companies
in the Global Solar industry.

( Industry Median: 3.27 vs. FSLR: 6.28 )
Ranked among companies with meaningful Cash to Debt only.
FSLR' s Cash to Debt Range Over the Past 10 Years
Min: 0.28  Med: 5.03 Max: N/A
Current: 6.28
Equity to Asset 0.76
FSLR's Equity to Asset is ranked higher than
60% of the 854 Companies
in the Global Solar industry.

( Industry Median: 0.69 vs. FSLR: 0.76 )
Ranked among companies with meaningful Equity to Asset only.
FSLR' s Equity to Asset Range Over the Past 10 Years
Min: 0.13  Med: 0.74 Max: 0.83
Current: 0.76
0.13
0.83
Interest Coverage 65.83
FSLR's Interest Coverage is ranked higher than
60% of the 571 Companies
in the Global Solar industry.

( Industry Median: 29.92 vs. FSLR: 65.83 )
Ranked among companies with meaningful Interest Coverage only.
FSLR' s Interest Coverage Range Over the Past 10 Years
Min: 2.75  Med: 162.43 Max: 9999.99
Current: 65.83
2.75
9999.99
F-Score: 6
Z-Score: 3.37
M-Score: -1.96
WACC vs ROIC
21.01%
18.70%
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 (%) 19.00
FSLR's Operating margin (%) is ranked higher than
90% of the 856 Companies
in the Global Solar industry.

( Industry Median: 4.26 vs. FSLR: 19.00 )
Ranked among companies with meaningful Operating margin (%) only.
FSLR' s Operating margin (%) Range Over the Past 10 Years
Min: -2.48  Med: 13.48 Max: 35.17
Current: 19
-2.48
35.17
Net-margin (%) 19.67
FSLR's Net-margin (%) is ranked higher than
91% of the 857 Companies
in the Global Solar industry.

( Industry Median: 3.42 vs. FSLR: 19.67 )
Ranked among companies with meaningful Net-margin (%) only.
FSLR' s Net-margin (%) Range Over the Past 10 Years
Min: -2.86  Med: 13.49 Max: 31.42
Current: 19.67
-2.86
31.42
ROE (%) 14.58
FSLR's ROE (%) is ranked higher than
81% of the 842 Companies
in the Global Solar industry.

( Industry Median: 4.55 vs. FSLR: 14.58 )
Ranked among companies with meaningful ROE (%) only.
FSLR' s ROE (%) Range Over the Past 10 Years
Min: -2.66  Med: 9.54 Max: 30.73
Current: 14.58
-2.66
30.73
ROA (%) 10.99
FSLR's ROA (%) is ranked higher than
86% of the 866 Companies
in the Global Solar industry.

( Industry Median: 2.64 vs. FSLR: 10.99 )
Ranked among companies with meaningful ROA (%) only.
FSLR' s ROA (%) Range Over the Past 10 Years
Min: -1.59  Med: 6.82 Max: 23.43
Current: 10.99
-1.59
23.43
ROC (Joel Greenblatt) (%) 40.60
FSLR's ROC (Joel Greenblatt) (%) is ranked higher than
85% of the 864 Companies
in the Global Solar industry.

( Industry Median: 8.00 vs. FSLR: 40.60 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
FSLR' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -2.4  Med: 27.18 Max: 71.92
Current: 40.6
-2.4
71.92
Revenue Growth (3Y)(%) -3.20
FSLR's Revenue Growth (3Y)(%) is ranked lower than
62% of the 746 Companies
in the Global Solar industry.

( Industry Median: 1.20 vs. FSLR: -3.20 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FSLR' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 22.65 Max: 196.4
Current: -3.2
0
196.4
EBITDA Growth (3Y)(%) 41.40
FSLR's EBITDA Growth (3Y)(%) is ranked higher than
87% of the 546 Companies
in the Global Solar industry.

( Industry Median: 2.50 vs. FSLR: 41.40 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
FSLR' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -23.15 Max: 202.2
Current: 41.4
0
202.2
» FSLR's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-04)


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

» Details

Guru Trades

Q2 2015

FSLR Guru Trades in Q2 2015

Jim Simons 260,100 sh (New)
Steven Cohen 250,400 sh (New)
John Hussman 150,000 sh (unchged)
Chris Davis Sold Out
Paul Tudor Jones 9,900 sh (-83.97%)
Joel Greenblatt 56,372 sh (-93.24%)
» More
Q3 2015

FSLR Guru Trades in Q3 2015

Paul Tudor Jones 14,700 sh (+48.48%)
Jim Simons Sold Out
John Hussman 100,000 sh (-33.33%)
Steven Cohen 161,900 sh (-35.34%)
Joel Greenblatt 9,112 sh (-83.84%)
» More
Q4 2015

FSLR Guru Trades in Q4 2015

Chris Davis 4,030 sh (New)
John Hussman 150,000 sh (+50.00%)
Paul Tudor Jones 20,167 sh (+37.19%)
Joel Greenblatt Sold Out
Steven Cohen 121,500 sh (-24.95%)
» More
Q1 2016

FSLR Guru Trades in Q1 2016

Jim Simons 472,400 sh (New)
Joel Greenblatt 110,551 sh (New)
Louis Moore Bacon 33,300 sh (New)
Pioneer Investments 510,525 sh (New)
John Hussman 200,000 sh (+33.33%)
Steven Cohen 50,000 sh (unchged)
Chris Davis Sold Out
Steven Cohen Sold Out
Paul Tudor Jones 10,100 sh (-49.92%)
» More
» Details

Insider Trades

Latest Guru Trades with FSLR

(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 )

Business Description

Industry: Semiconductors » Solar
Compare:OTCPK:AJGH, SZSE:002506, HKSE:00968, SHSE:600885, NAS:SPWR » details
Traded in other countries:FSLR.Argentina, F3A.Germany, FSLR.Mexico, FSLR.Switzerland, 0R06.UK,
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.

First Solar Inc was incorporated as a Delaware corporation on February 22, 2006. First Solar Holdings, LLC was formed as a Delaware limited liability company in May 2003 to act as the holding company for First Solar, LLC, which was formed in 1999 and renamed First Solar US Manufacturing, LLC in the second quarter of 2006, and other subsidiaries formed during 2003 and later. On February 22, 2006, First Solar Holdings, LLC was incorporated in Delaware as First Solar Holdings, Inc. and, also during the first quarter of 2006, was renamed First Solar, Inc. The Company manufactures and sells solar modules with an advanced thin film semiconductor technology, and it designs, constructs and sells photovoltaic (PV) solar power systems. The Company operations constitute of two segments: systems and components. The components segment involves the design, manufacture, and sale of solar modules which convert sunlight into electricity. Through systems segment, the Company provides complete turn-key PV solar power systems, or solar solutions that draw upon the capabilities, which include (i) project development, (ii) EPC services, (iii) operating and maintenance ("O&M") services, and (iv) project finance expertise. It may provide full EPC service or any combination of individual products and services within the EPC capabilities depending upon the customer and market opportunity. Its systems business is dependent upon successful completion of project development activities including: site selection and acquisition, obtaining in a timely manner the requisite interconnection and transmission studies, environmental and land use permits, maintaining effective site control, and entering into a power purchase agreement with an off-taker of the power to be generated by the project. The renewable energy, solar energy and solar module sectors are highly competitive and continually evolving as participants strive to distinguish themselves within their markets and compete within the larger electric power industry. The Company also faces competition from other EPC companies and joint ventures between EPC companies and solar companies. The Company is subject to various federal, state, local and international laws and regulations.

Ratios

vs
industry
vs
history
P/E(ttm) 6.51
FSLR's P/E(ttm) is ranked higher than
94% of the 586 Companies
in the Global Solar industry.

( Industry Median: 18.12 vs. FSLR: 6.51 )
Ranked among companies with meaningful P/E(ttm) only.
FSLR' s P/E(ttm) Range Over the Past 10 Years
Min: 5.39  Med: 18.37 Max: 386.17
Current: 6.51
5.39
386.17
Forward P/E 14.60
FSLR's Forward P/E is ranked higher than
55% of the 120 Companies
in the Global Solar industry.

( Industry Median: 14.45 vs. FSLR: 14.60 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 6.51
FSLR's PE(NRI) is ranked higher than
94% of the 580 Companies
in the Global Solar industry.

( Industry Median: 18.43 vs. FSLR: 6.51 )
Ranked among companies with meaningful PE(NRI) only.
FSLR' s PE(NRI) Range Over the Past 10 Years
Min: 5.39  Med: 18.36 Max: 411.92
Current: 6.51
5.39
411.92
P/B 0.89
FSLR's P/B is ranked higher than
74% of the 850 Companies
in the Global Solar industry.

( Industry Median: 1.34 vs. FSLR: 0.89 )
Ranked among companies with meaningful P/B only.
FSLR' s P/B Range Over the Past 10 Years
Min: 0.3  Med: 2.08 Max: 21.54
Current: 0.89
0.3
21.54
P/S 1.27
FSLR's P/S is ranked higher than
54% of the 854 Companies
in the Global Solar industry.

( Industry Median: 1.36 vs. FSLR: 1.27 )
Ranked among companies with meaningful P/S only.
FSLR' s P/S Range Over the Past 10 Years
Min: 0.33  Med: 3.07 Max: 49.21
Current: 1.27
0.33
49.21
POCF 44.65
FSLR's POCF is ranked lower than
91% of the 506 Companies
in the Global Solar industry.

( Industry Median: 10.85 vs. FSLR: 44.65 )
Ranked among companies with meaningful POCF only.
FSLR' s POCF Range Over the Past 10 Years
Min: 1.65  Med: 16.63 Max: 344.12
Current: 44.65
1.65
344.12
EV-to-EBIT 4.36
FSLR's EV-to-EBIT is ranked higher than
94% of the 567 Companies
in the Global Solar industry.

( Industry Median: 15.09 vs. FSLR: 4.36 )
Ranked among companies with meaningful EV-to-EBIT only.
FSLR' s EV-to-EBIT Range Over the Past 10 Years
Min: -97.2  Med: 14.10 Max: 243.4
Current: 4.36
-97.2
243.4
EV-to-EBITDA 3.41
FSLR's EV-to-EBITDA is ranked higher than
93% of the 638 Companies
in the Global Solar industry.

( Industry Median: 10.68 vs. FSLR: 3.41 )
Ranked among companies with meaningful EV-to-EBITDA only.
FSLR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -7.3  Med: 11.40 Max: 171.6
Current: 3.41
-7.3
171.6
PEG 0.78
FSLR's PEG is ranked higher than
78% of the 193 Companies
in the Global Solar industry.

( Industry Median: 1.71 vs. FSLR: 0.78 )
Ranked among companies with meaningful PEG only.
FSLR' s PEG Range Over the Past 10 Years
Min: 0.06  Med: 0.13 Max: 0.17
Current: 0.78
0.06
0.17
Shiller P/E 13.53
FSLR's Shiller P/E is ranked higher than
93% of the 102 Companies
in the Global Solar industry.

( Industry Median: 37.94 vs. FSLR: 13.53 )
Ranked among companies with meaningful Shiller P/E only.
FSLR' s Shiller P/E Range Over the Past 10 Years
Min: 12.96  Med: 19.15 Max: 28
Current: 13.53
12.96
28
Current Ratio 3.08
FSLR's Current Ratio is ranked higher than
62% of the 855 Companies
in the Global Solar industry.

( Industry Median: 2.43 vs. FSLR: 3.08 )
Ranked among companies with meaningful Current Ratio only.
FSLR' s Current Ratio Range Over the Past 10 Years
Min: 0.78  Med: 3.20 Max: 7.46
Current: 3.08
0.78
7.46
Quick Ratio 2.66
FSLR's Quick Ratio is ranked higher than
66% of the 855 Companies
in the Global Solar industry.

( Industry Median: 1.88 vs. FSLR: 2.66 )
Ranked among companies with meaningful Quick Ratio only.
FSLR' s Quick Ratio Range Over the Past 10 Years
Min: 0.58  Med: 2.67 Max: 7.14
Current: 2.66
0.58
7.14
Days Inventory 56.58
FSLR's Days Inventory is ranked higher than
67% of the 827 Companies
in the Global Solar industry.

( Industry Median: 80.14 vs. FSLR: 56.58 )
Ranked among companies with meaningful Days Inventory only.
FSLR' s Days Inventory Range Over the Past 10 Years
Min: 40.98  Med: 56.86 Max: 68.32
Current: 56.58
40.98
68.32
Days Sales Outstanding 32.23
FSLR's Days Sales Outstanding is ranked higher than
84% of the 781 Companies
in the Global Solar industry.

( Industry Median: 60.54 vs. FSLR: 32.23 )
Ranked among companies with meaningful Days Sales Outstanding only.
FSLR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.16  Med: 42.35 Max: 103.43
Current: 32.23
13.16
103.43
Days Payable 35.66
FSLR's Days Payable is ranked lower than
68% of the 780 Companies
in the Global Solar industry.

( Industry Median: 48.30 vs. FSLR: 35.66 )
Ranked among companies with meaningful Days Payable only.
FSLR' s Days Payable Range Over the Past 10 Years
Min: 21.79  Med: 37.05 Max: 145.06
Current: 35.66
21.79
145.06

Valuation & Return

vs
industry
vs
history
Price/Net Cash 121.71
FSLR's Price/Net Cash is ranked lower than
94% of the 272 Companies
in the Global Solar industry.

( Industry Median: 8.35 vs. FSLR: 121.71 )
Ranked among companies with meaningful Price/Net Cash only.
FSLR' s Price/Net Cash Range Over the Past 10 Years
Min: 15.3  Med: 58.71 Max: 1446
Current: 121.71
15.3
1446
Price/Net Current Asset Value 3.54
FSLR's Price/Net Current Asset Value is ranked higher than
51% of the 539 Companies
in the Global Solar industry.

( Industry Median: 3.46 vs. FSLR: 3.54 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
FSLR' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 2.73  Med: 10.06 Max: 52.77
Current: 3.54
2.73
52.77
Price/Tangible Book 0.92
FSLR's Price/Tangible Book is ranked higher than
74% of the 828 Companies
in the Global Solar industry.

( Industry Median: 1.46 vs. FSLR: 0.92 )
Ranked among companies with meaningful Price/Tangible Book only.
FSLR' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.4  Med: 2.57 Max: 19.73
Current: 0.92
0.4
19.73
Price/Projected FCF 1.02
FSLR's Price/Projected FCF is ranked higher than
60% of the 477 Companies
in the Global Solar industry.

( Industry Median: 1.19 vs. FSLR: 1.02 )
Ranked among companies with meaningful Price/Projected FCF only.
FSLR' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.57  Med: 1.43 Max: 8.58
Current: 1.02
0.57
8.58
Price/Median PS Value 0.42
FSLR's Price/Median PS Value is ranked higher than
95% of the 822 Companies
in the Global Solar industry.

( Industry Median: 0.98 vs. FSLR: 0.42 )
Ranked among companies with meaningful Price/Median PS Value only.
FSLR' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.13  Med: 0.98 Max: 12.55
Current: 0.42
0.13
12.55
Price/Graham Number 0.52
FSLR's Price/Graham Number is ranked higher than
93% of the 548 Companies
in the Global Solar industry.

( Industry Median: 1.17 vs. FSLR: 0.52 )
Ranked among companies with meaningful Price/Graham Number only.
FSLR' s Price/Graham Number Range Over the Past 10 Years
Min: 0.41  Med: 1.72 Max: 10.82
Current: 0.52
0.41
10.82
Earnings Yield (Greenblatt) (%) 22.72
FSLR's Earnings Yield (Greenblatt) (%) is ranked higher than
96% of the 862 Companies
in the Global Solar industry.

( Industry Median: 3.40 vs. FSLR: 22.72 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FSLR' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.4  Med: 6.60 Max: 27.3
Current: 22.72
0.4
27.3
Forward Rate of Return (Yacktman) (%) 64.57
FSLR's Forward Rate of Return (Yacktman) (%) is ranked higher than
98% of the 355 Companies
in the Global Solar industry.

( Industry Median: 5.02 vs. FSLR: 64.57 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FSLR' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -1.7  Med: 1.10 Max: 130.4
Current: 64.57
-1.7
130.4

More Statistics

Revenue (TTM) (Mil) $3,958
EPS (TTM) $ 7.61
Beta2.68
Short Percentage of Float7.02%
52-Week Range $40.25 - 74.29
Shares Outstanding (Mil)102.25

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 3,853 3,141 3,695
EPS ($) 3.90 3.40 4.12
EPS without NRI ($) 3.90 3.40 4.12
EPS Growth Rate
(3Y to 5Y Estimate)
-5.47%
» More Articles for NAS:FSLR

Headlines

Articles On GuruFocus.com
First Solar's Drop Is an Opportunity You’ll Regret Missing May 23 2016 
First Solar's Pullback Is an Opportunity May 09 2016 
Will TerraForm Follow SunEdison to Bankruptcy? May 09 2016 
Why First Solar Is the Best Company in Sector Apr 27 2016 
SunEdison’s Bankruptcy Looks Inevitable Apr 06 2016 
First Solar Should Continue Moving Higher Mar 24 2016 
SunPower to Profit From Growing Solar Industry Mar 23 2016 
Why Hedge Funds Like First Solar’s Future Growth Feb 24 2016 
Sanderson Farms and Ennis Show Value Plus Momentum Feb 03 2016 
Top Picks in the Power Smart Sector Aug 13 2015 

More From Other Websites
Trina Solar (TSL) Beats on Q1 Earnings, Revenues Surge Y/Y May 27 2016
Short Sellers Piling in on Solar Stocks May 25 2016
Will First Solar shine in coming weeks? May 24 2016
Are Go-Green Plans Brightening Alt-Energy Stocks? May 23 2016
Cramer: When to pull the trigger on this $1 billion company May 20 2016
FIRST SOLAR, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 20 2016
What to Expect from First Solar’s Future Earnings May 19 2016
Is SolarCity a Short Squeeze? May 18 2016
First Solar R&D ‘Paying Off,’ But Sales Remain ‘Uneven’: Argus May 18 2016
Should First Solar Be Valued at Less Than 12 Times Earnings? May 18 2016
Top Analyst Upgrades and Downgrades: Apple, Brocade, Clean Harbors, Eldorado Gold, Exxon Mobil,... May 18 2016
Who Will Win the Solar Wars? May 15 2016
The Solar Story Is Just Beginning May 13 2016
Did Short Sellers Shy Away From Solar Stocks Too Soon? May 11 2016

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)