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 : 8/10

vs
industry
vs
history
Cash to Debt 9.18
FSLR's Cash to Debt is ranked higher than
78% of the 1215 Companies
in the Global Solar industry.

( Industry Median: 1.88 vs. FSLR: 9.18 )
FSLR' s 10-Year Cash to Debt Range
Min: 0.04   Max: 9.18
Current: 9.18

0.04
9.18
Equity to Asset 0.75
FSLR's Equity to Asset is ranked higher than
79% of the 1180 Companies
in the Global Solar industry.

( Industry Median: 0.63 vs. FSLR: 0.75 )
FSLR' s 10-Year Equity to Asset Range
Min: -3.04   Max: 0.8
Current: 0.75

-3.04
0.8
Interest Coverage 214.01
FSLR's Interest Coverage is ranked higher than
63% of the 722 Companies
in the Global Solar industry.

( Industry Median: 248.72 vs. FSLR: 214.01 )
FSLR' s 10-Year Interest Coverage Range
Min: 2.75   Max: 9999.99
Current: 214.01

2.75
9999.99
F-Score: 5
Z-Score: 3.83
M-Score: -3.02
WACC vs ROIC
29.54%
11.55%
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 : 6/10

vs
industry
vs
history
Operating margin (%) 12.51
FSLR's Operating margin (%) is ranked higher than
85% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 5.14 vs. FSLR: 12.51 )
FSLR' s 10-Year Operating margin (%) Range
Min: -4517.14   Max: 35.17
Current: 12.51

-4517.14
35.17
Net-margin (%) 11.70
FSLR's Net-margin (%) is ranked higher than
85% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 4.43 vs. FSLR: 11.70 )
FSLR' s 10-Year Net-margin (%) Range
Min: -5351.84   Max: 31.42
Current: 11.7

-5351.84
31.42
ROE (%) 8.40
FSLR's ROE (%) is ranked higher than
74% of the 1197 Companies
in the Global Solar industry.

( Industry Median: 5.64 vs. FSLR: 8.40 )
FSLR' s 10-Year ROE (%) Range
Min: -36.13   Max: 30.73
Current: 8.4

-36.13
30.73
ROA (%) 6.01
FSLR's ROA (%) is ranked higher than
78% of the 1215 Companies
in the Global Solar industry.

( Industry Median: 3.20 vs. FSLR: 6.01 )
FSLR' s 10-Year ROA (%) Range
Min: -218.43   Max: 23.43
Current: 6.01

-218.43
23.43
ROC (Joel Greenblatt) (%) 20.26
FSLR's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 1211 Companies
in the Global Solar industry.

( Industry Median: 9.20 vs. FSLR: 20.26 )
FSLR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -449.79   Max: 67.9
Current: 20.26

-449.79
67.9
Revenue Growth (3Y)(%) 1.30
FSLR's Revenue Growth (3Y)(%) is ranked higher than
75% of the 846 Companies
in the Global Solar industry.

( Industry Median: -1.70 vs. FSLR: 1.30 )
FSLR' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: 175.2
Current: 1.3

0
175.2
EBITDA Growth (3Y)(%) 46.90
FSLR's EBITDA Growth (3Y)(%) is ranked higher than
95% of the 644 Companies
in the Global Solar industry.

( Industry Median: -2.10 vs. FSLR: 46.90 )
FSLR' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 202.2
Current: 46.9

0
202.2
» FSLR's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2014

FSLR Guru Trades in Q1 2014

George Soros 25,000 sh (New)
Jim Simons 646,013 sh (+278.89%)
Chris Davis 4,030 sh (unchged)
John Hussman 250,000 sh (unchged)
Jeremy Grantham Sold Out
David Dreman 1,260 sh (-16.39%)
Steven Cohen 22,659 sh (-49.65%)
Joel Greenblatt 79,906 sh (-64.44%)
» More
Q2 2014

FSLR Guru Trades in Q2 2014

Louis Moore Bacon 10,000 sh (New)
Paul Tudor Jones 5,742 sh (New)
George Soros 100,000 sh (+300.00%)
Jim Simons 685,100 sh (+6.05%)
Chris Davis 4,030 sh (unchged)
Steven Cohen 124,900 sh (unchged)
John Hussman 250,000 sh (unchged)
David Dreman Sold Out
Joel Greenblatt 31,234 sh (-60.91%)
» More
Q3 2014

FSLR Guru Trades in Q3 2014

Chris Davis 4,030 sh (unchged)
Paul Tudor Jones Sold Out
George Soros Sold Out
Louis Moore Bacon Sold Out
Joel Greenblatt 26,623 sh (-14.76%)
John Hussman 150,000 sh (-40.00%)
Steven Cohen 46,200 sh (-63.01%)
Jim Simons 68,900 sh (-89.94%)
» More
Q4 2014

FSLR Guru Trades in Q4 2014

Paul Tudor Jones 8,700 sh (New)
Jim Simons 71,900 sh (+4.35%)
John Hussman 150,000 sh (unchged)
John Burbank 8,300 sh (unchged)
Steven Cohen Sold Out
Joel Greenblatt Sold Out
Chris Davis Sold Out
» 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 )

Top Ranked Articles about First Solar Inc

John Hussman’s Second Quarter 2014 Letter to Shareholders
Dear Shareholder, Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 16.40
FSLR's P/E(ttm) is ranked higher than
84% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 56.20 vs. FSLR: 16.40 )
FSLR' s 10-Year P/E(ttm) Range
Min: 5.39   Max: 386.17
Current: 16.4

5.39
386.17
Forward P/E 16.37
FSLR's Forward P/E is ranked higher than
84% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. FSLR: 16.37 )
N/A
PE(NRI) 16.30
FSLR's PE(NRI) is ranked higher than
86% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 56.20 vs. FSLR: 16.30 )
FSLR' s 10-Year PE(NRI) Range
Min: 5.39   Max: 411.92
Current: 16.3

5.39
411.92
P/B 1.30
FSLR's P/B is ranked higher than
81% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 2.25 vs. FSLR: 1.30 )
FSLR' s 10-Year P/B Range
Min: 0.3   Max: 21.25
Current: 1.3

0.3
21.25
P/S 1.90
FSLR's P/S is ranked higher than
56% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 1.98 vs. FSLR: 1.90 )
FSLR' s 10-Year P/S Range
Min: 0.33   Max: 51.11
Current: 1.9

0.33
51.11
PFCF 15.30
FSLR's PFCF is ranked higher than
86% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 732.90 vs. FSLR: 15.30 )
FSLR' s 10-Year PFCF Range
Min: 4.27   Max: 5418
Current: 15.3

4.27
5418
POCF 9.45
FSLR's POCF is ranked higher than
84% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 26.43 vs. FSLR: 9.45 )
FSLR' s 10-Year POCF Range
Min: 1.65   Max: 153
Current: 9.45

1.65
153
EV-to-EBIT 10.82
FSLR's EV-to-EBIT is ranked higher than
89% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 42.42 vs. FSLR: 10.82 )
FSLR' s 10-Year EV-to-EBIT Range
Min: -67.3   Max: 348.6
Current: 10.82

-67.3
348.6
Shiller P/E 17.30
FSLR's Shiller P/E is ranked higher than
96% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. FSLR: 17.30 )
FSLR' s 10-Year Shiller P/E Range
Min: 3.81   Max: 62.36
Current: 17.3

3.81
62.36
Current Ratio 3.19
FSLR's Current Ratio is ranked higher than
76% of the 1206 Companies
in the Global Solar industry.

( Industry Median: 2.58 vs. FSLR: 3.19 )
FSLR' s 10-Year Current Ratio Range
Min: 0.78   Max: 7.46
Current: 3.19

0.78
7.46
Quick Ratio 2.68
FSLR's Quick Ratio is ranked higher than
77% of the 1206 Companies
in the Global Solar industry.

( Industry Median: 1.90 vs. FSLR: 2.68 )
FSLR' s 10-Year Quick Ratio Range
Min: 0.58   Max: 7.14
Current: 2.68

0.58
7.14
Days Inventory 60.10
FSLR's Days Inventory is ranked higher than
78% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 90.69 vs. FSLR: 60.10 )
FSLR' s 10-Year Days Inventory Range
Min: 40.98   Max: 68.32
Current: 60.1

40.98
68.32
Days Sales Outstanding 22.86
FSLR's Days Sales Outstanding is ranked higher than
95% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 67.85 vs. FSLR: 22.86 )
FSLR' s 10-Year Days Sales Outstanding Range
Min: 8.34   Max: 149.72
Current: 22.86

8.34
149.72

Valuation & Return

vs
industry
vs
history
Price/Net Cash 21.65
FSLR's Price/Net Cash is ranked higher than
79% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. FSLR: 21.65 )
FSLR' s 10-Year Price/Net Cash Range
Min: 15.22   Max: 1446
Current: 21.65

15.22
1446
Price/Net Current Asset Value 4.25
FSLR's Price/Net Current Asset Value is ranked higher than
76% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. FSLR: 4.25 )
FSLR' s 10-Year Price/Net Current Asset Value Range
Min: 2.99   Max: 39.4
Current: 4.25

2.99
39.4
Price/Tangible Book 1.32
FSLR's Price/Tangible Book is ranked higher than
81% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 2.70 vs. FSLR: 1.32 )
FSLR' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 19.57
Current: 1.32

0.4
19.57
Price/DCF (Projected) 1.08
FSLR's Price/DCF (Projected) is ranked higher than
92% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 0.00 vs. FSLR: 1.08 )
FSLR' s 10-Year Price/DCF (Projected) Range
Min: 0.76   Max: 4.68
Current: 1.08

0.76
4.68
Price/Median PS Value 0.43
FSLR's Price/Median PS Value is ranked higher than
98% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 1.30 vs. FSLR: 0.43 )
FSLR' s 10-Year Price/Median PS Value Range
Min: 0.18   Max: 9.3
Current: 0.43

0.18
9.3
Price/Graham Number 0.97
FSLR's Price/Graham Number is ranked higher than
86% of the 1297 Companies
in the Global Solar industry.

( Industry Median: 3.60 vs. FSLR: 0.97 )
FSLR' s 10-Year Price/Graham Number Range
Min: 0.68   Max: 11.26
Current: 0.97

0.68
11.26
Earnings Yield (Greenblatt) 9.10
FSLR's Earnings Yield (Greenblatt) is ranked higher than
87% of the 1187 Companies
in the Global Solar industry.

( Industry Median: 3.10 vs. FSLR: 9.10 )
FSLR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 26.4
Current: 9.1

0.3
26.4
Forward Rate of Return (Yacktman) 54.67
FSLR's Forward Rate of Return (Yacktman) is ranked higher than
98% of the 425 Companies
in the Global Solar industry.

( Industry Median: 4.86 vs. FSLR: 54.67 )
FSLR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -7.2   Max: 130
Current: 54.67

-7.2
130

Business Description

Industry: Semiconductors » Solar
Compare:SPWR, SOL, CSSXF, TSL, LDK » details
Traded in other countries:F3A.Germany, FSLR.Mexico, 0R06.UK, FSLR.Switzerland,
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.
» More Articles for FSLR

Headlines

Articles On GuruFocus.com
First Solar – A Stock To Worry About Apr 03 2015 
8point3 Energy Partners Will Possibly Rock The Market Mar 11 2015 
This Solar Stock Is a Good Investment Mar 07 2015 
Momentum Indicators: SunPower (SPWR), First Solar (FSLR), Patriot National (PN) Feb 24 2015 
Apple Setting Foot Into Solar Energy Segment Feb 21 2015 
Akamai Technologies (AKAM) Strong Momentum, First Solar (FSLR) Solar Farm Mega-Deal with Apple (AAPL Feb 11 2015 
The Education of a Young Capital Allocator Feb 02 2015 
Why This Solar Stock Looks Like a Good Buy for the Long Run Nov 18 2014 
What Were The Key Takeaways From First Solar’s Third Quarter? Nov 11 2014 
Why FuelCell Energy Is On Track for Impressive Growth in the Long Run Oct 24 2014 


More From Other Websites
More Declines in Solar, Alt Energy Short Interest Apr 27 2015
Short Sellers Still Retreating From Solar Stocks Apr 27 2015
Apple To Tesla: What To Expect In The Coming Week Apr 24 2015
First Solar's Huge Apple Project: A Glimpse Into The Future? Apr 24 2015
SunPower At 30: Why It's Still The Most Interesting Company In Solar Apr 23 2015
The Guggenheim Solar ETF Extends Its Gains on April 22 Apr 23 2015
Cramer Remix: No search needed! Winner of the web Apr 22 2015
Cramer's epic Earth Day green energy plays Apr 22 2015
Cramer: Green energy sector ripe for consolidation Apr 22 2015
First Solar, Inc. To Announce First Quarter Financial Results on April 30, 2015 Apr 22 2015
First Solar, Inc. To Announce First Quarter Financial Results on April 30, 2015 Apr 22 2015
Trina Solar and Canadian Solar See Gains on April 21 Apr 22 2015
Tesla To Unveil Home, Utility-Scale Batteries April 30 Apr 22 2015
Apple Highlights Eco-Friendly Achievements With New Video Apr 20 2015
First Solar installs final module at Nyngan Solar Plant Apr 17 2015
Southern Company subsidiary acquires fourth California solar project; 32-megawatt Lost... Apr 16 2015
Apple, SunPower Partner On China Solar Power Projects Apr 16 2015
Apple’s Clean Energy Footprint Grows on China Deal With SunPower Apr 16 2015
Southern Company subsidiary acquires fourth California solar project; 32-megawatt Lost... Apr 16 2015
Why Apple Is Placing Such a Big Emphasis on Going Green Apr 16 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