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 6.94
FSLR's Cash to Debt is ranked higher than
64% of the 1032 Companies
in the Global Solar industry.

( Industry Median: 7.70 vs. FSLR: 6.94 )
FSLR' s 10-Year Cash to Debt Range
Min: 0.28   Max: No Debt
Current: 6.94

Equity to Asset 0.73
FSLR's Equity to Asset is ranked higher than
74% of the 1015 Companies
in the Global Solar industry.

( Industry Median: 0.65 vs. FSLR: 0.73 )
FSLR' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.83
Current: 0.73

0.13
0.83
Interest Coverage 195.61
FSLR's Interest Coverage is ranked higher than
58% of the 552 Companies
in the Global Solar industry.

( Industry Median: 767.50 vs. FSLR: 195.61 )
FSLR' s 10-Year Interest Coverage Range
Min: 2.75   Max: 9999.99
Current: 195.61

2.75
9999.99
F-Score: 6
Z-Score: 3.75
M-Score: -2.30
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 (%) 11.14
FSLR's Operating margin (%) is ranked higher than
85% of the 988 Companies
in the Global Solar industry.

( Industry Median: 3.28 vs. FSLR: 11.14 )
FSLR' s 10-Year Operating margin (%) Range
Min: -4517.14   Max: 35.17
Current: 11.14

-4517.14
35.17
Net-margin (%) 10.67
FSLR's Net-margin (%) is ranked higher than
86% of the 988 Companies
in the Global Solar industry.

( Industry Median: 2.42 vs. FSLR: 10.67 )
FSLR' s 10-Year Net-margin (%) Range
Min: -5351.84   Max: 31.42
Current: 10.67

-5351.84
31.42
ROE (%) 7.84
FSLR's ROE (%) is ranked higher than
78% of the 984 Companies
in the Global Solar industry.

( Industry Median: 2.66 vs. FSLR: 7.84 )
FSLR' s 10-Year ROE (%) Range
Min: -74.07   Max: 24.13
Current: 7.84

-74.07
24.13
ROA (%) 5.13
FSLR's ROA (%) is ranked higher than
80% of the 1002 Companies
in the Global Solar industry.

( Industry Median: 1.57 vs. FSLR: 5.13 )
FSLR' s 10-Year ROA (%) Range
Min: -281.65   Max: 19.11
Current: 5.13

-281.65
19.11
ROC (Joel Greenblatt) (%) 19.54
FSLR's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 998 Companies
in the Global Solar industry.

( Industry Median: 6.55 vs. FSLR: 19.54 )
FSLR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -359.4   Max: 57.16
Current: 19.54

-359.4
57.16
Revenue Growth (%) 5.40
FSLR's Revenue Growth (%) is ranked higher than
83% of the 740 Companies
in the Global Solar industry.

( Industry Median: -2.20 vs. FSLR: 5.40 )
FSLR' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 195.4
Current: 5.4

0
195.4
EBITDA Growth (%) -15.40
FSLR's EBITDA Growth (%) is ranked higher than
62% of the 526 Companies
in the Global Solar industry.

( Industry Median: -6.40 vs. FSLR: -15.40 )
FSLR' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 202.2
Current: -15.4

0
202.2
EPS Growth (%) -21.60
FSLR's EPS Growth (%) is ranked higher than
59% of the 465 Companies
in the Global Solar industry.

( Industry Median: -5.30 vs. FSLR: -21.60 )
FSLR' s 10-Year EPS Growth (%) Range
Min: 0   Max: 375.6
Current: -21.6

0
375.6
» FSLR's 10-Y Financials

Financials


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

» Details

Guru Trades

Q2 2013

FSLR Guru Trades in Q2 2013

John Hussman 351,000 sh (New)
Jim Simons 212,800 sh (New)
Steven Cohen 100,737 sh (+611.67%)
Joel Greenblatt 85,499 sh (+205.19%)
Ruane Cunniff Sold Out
Jeremy Grantham 15,877 sh (-28.85%)
Paul Tudor Jones 6,700 sh (-35.58%)
» More
Q3 2013

FSLR Guru Trades in Q3 2013

Steven Cohen 314,548 sh (+212.25%)
John Hussman 500,000 sh (+42.45%)
Jim Simons Sold Out
Jeremy Grantham 15,698 sh (-1.13%)
Paul Tudor Jones 5,700 sh (-14.93%)
Joel Greenblatt 41,086 sh (-51.95%)
» More
Q4 2013

FSLR Guru Trades in Q4 2013

David Dreman 1,507 sh (New)
Chris Davis 4,030 sh (New)
Jim Simons 170,500 sh (New)
Joel Greenblatt 224,711 sh (+446.93%)
Paul Tudor Jones Sold Out
Jeremy Grantham 8,392 sh (-46.54%)
John Hussman 250,000 sh (-50%)
Steven Cohen 45,000 sh (-85.69%)
» More
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
» Details

Insider Trades

Latest Guru Trades with FSLR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-03-31 Reduce -64.44%0.19%$47.73 - $73.87 $ 63.4714%79906
George Soros 2014-03-31 New Buy0.02%$47.73 - $73.87 $ 63.4714%25000
John Hussman 2013-12-31 Reduce -50%0.55%$41.6 - $64.28 $ 63.4716%250000
Joel Greenblatt 2013-12-31 Add 446.93%0.24%$41.6 - $64.28 $ 63.4716%224711
David Dreman 2013-12-31 New Buy0.01%$41.6 - $64.28 $ 63.4716%1507
John Hussman 2013-09-30 Add 42.45%0.33%$36.47 - $50.27 $ 63.4750%500000
Joel Greenblatt 2013-09-30 Reduce -51.95%0.08%$36.47 - $50.27 $ 63.4750%41086
John Hussman 2013-06-30 New Buy0.71%$26.1 - $56.4 $ 63.4743%351000
Joel Greenblatt 2013-06-30 Add 205.19%0.11%$26.1 - $56.4 $ 63.4743%85499
Ruane Cunniff 2013-06-30 Sold Out 0.09%$26.1 - $56.4 $ 63.4743%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about First Solar Inc

Every Growth Stock Follows This Pattern. EVERY. SINGLE. ONE.
Whether you realize it or not, every growth stock of the last 20 years has experienced the exact same cyclical pattern. Now before you stop reading, I’m not talking about technical analysis or some other chart reading garbage. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 15.60
FSLR's P/E(ttm) is ranked higher than
88% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 91.20 vs. FSLR: 15.60 )
FSLR' s 10-Year P/E(ttm) Range
Min: 5.39   Max: 386.17
Current: 15.6

5.39
386.17
P/B 1.30
FSLR's P/B is ranked higher than
76% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 1.94 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 1.80
FSLR's P/S is ranked higher than
62% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 1.75 vs. FSLR: 1.80 )
FSLR' s 10-Year P/S Range
Min: 0.33   Max: 51.11
Current: 1.8

0.33
51.11
PFCF 27.80
FSLR's PFCF is ranked higher than
74% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 3398.00 vs. FSLR: 27.80 )
FSLR' s 10-Year PFCF Range
Min: 4.27   Max: 5418
Current: 27.8

4.27
5418
EV-to-EBIT 11.34
FSLR's EV-to-EBIT is ranked higher than
88% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 49.68 vs. FSLR: 11.34 )
FSLR' s 10-Year EV-to-EBIT Range
Min: 3.8   Max: 348.6
Current: 11.34

3.8
348.6
Shiller P/E 16.00
FSLR's Shiller P/E is ranked higher than
96% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 9999.00 vs. FSLR: 16.00 )
FSLR' s 10-Year Shiller P/E Range
Min: 3.77   Max: 62.36
Current: 16

3.77
62.36
Current Ratio 3.04
FSLR's Current Ratio is ranked higher than
72% of the 1030 Companies
in the Global Solar industry.

( Industry Median: 2.53 vs. FSLR: 3.04 )
FSLR' s 10-Year Current Ratio Range
Min: 0.78   Max: 7.46
Current: 3.04

0.78
7.46
Quick Ratio 2.65
FSLR's Quick Ratio is ranked higher than
74% of the 1030 Companies
in the Global Solar industry.

( Industry Median: 1.99 vs. FSLR: 2.65 )
FSLR' s 10-Year Quick Ratio Range
Min: 0.58   Max: 7.14
Current: 2.65

0.58
7.14

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 15.60
FSLR's Price/Net Current Asset Value is ranked higher than
74% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 9999.00 vs. FSLR: 15.60 )
FSLR' s 10-Year Price/Net Current Asset Value Range
Min: 11.3   Max: 134.03
Current: 15.6

11.3
134.03
Price/Tangible Book 1.40
FSLR's Price/Tangible Book is ranked higher than
78% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 2.31 vs. FSLR: 1.40 )
FSLR' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 19.57
Current: 1.4

0.4
19.57
Price/DCF (Projected) 1.40
FSLR's Price/DCF (Projected) is ranked higher than
91% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 9999.00 vs. FSLR: 1.40 )
FSLR' s 10-Year Price/DCF (Projected) Range
Min: 0.69   Max: 8.05
Current: 1.4

0.69
8.05
Price/Median PS Value 0.40
FSLR's Price/Median PS Value is ranked higher than
98% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 1.12 vs. FSLR: 0.40 )
FSLR' s 10-Year Price/Median PS Value Range
Min: 0.09   Max: 8.91
Current: 0.4

0.09
8.91
Price/Graham Number 1.00
FSLR's Price/Graham Number is ranked higher than
90% of the 1080 Companies
in the Global Solar industry.

( Industry Median: 4.27 vs. FSLR: 1.00 )
FSLR' s 10-Year Price/Graham Number Range
Min: 0.41   Max: 10.7
Current: 1

0.41
10.7
Earnings Yield (Greenblatt) 8.70
FSLR's Earnings Yield (Greenblatt) is ranked higher than
80% of the 790 Companies
in the Global Solar industry.

( Industry Median: 5.20 vs. FSLR: 8.70 )
FSLR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 26.4
Current: 8.7

0.3
26.4
Forward Rate of Return (Yacktman) -0.88
FSLR's Forward Rate of Return (Yacktman) is ranked higher than
66% of the 658 Companies
in the Global Solar industry.

( Industry Median: 1.07 vs. FSLR: -0.88 )
FSLR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.3   Max: 300.4
Current: -0.88

-2.3
300.4

Business Description

Industry: Semiconductors » Solar
Compare:SPWR, SOL, CSSXF, TSL, LDK » details
Traded in other countries:F3A.Germany
First Solar, Inc. was incorporated as a Delaware corporation on February 22, 2006. 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 is the PV solar module manufacturer and produced more than 1.1 gigawatts (GW) of solar modules in 2009, becoming the first PV Company to attain this production volume in a single year. It manufactures its solar modules on high-throughput production lines and performs all manufacturing steps ourselves in an automated, proprietary, continuous process. Its solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. The Company designs, manufactures and sells solar electric power modules, which it produces at its plants in Perrysburg, Ohio, Frankfurt/Oder, Germany and Kulim, Malaysia. The Company also develop sites or other solar power project sites for building solar power systems using its solar modules and provide engineering, procurement and construction services. The Company operates its business in two segments: Components segment and Systems segment. The Company's components segment designs, manufactures and sells solar modules to solar project developers and system integrators. The Company's solar module is a single-junction polycrystalline thin film structure that uses cadmium telluride as the absorption layer and cadmium sulfide as the window layer. The Company has integrated its manufacturing processes into a continuous, integrated production line with the following three stages: the 'deposition' stage, the 'cell definition' stage, and the 'assembly and test' stage. Its manufacturing facilities in Perrysburg, Ohio, Frankfurt/Oder, Germany and Kulim, Malaysia have each received both an ISO 9001:2000 quality system certification and ISO 14001:2004 environmental system certification. Through its systems segment, it has the capability to provide a complete PV solar power system for utility-scale or large commercial systems, which includes project development, EPC, O&M services and, when required, project finance. The Company views the sale of solar modules from the components segment as the core driver of its profitability, return on net assets and cash throughput, and it views its systems segment as an enabler to drive module throughput. 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 w
» More Articles for FSLR

Headlines

Articles On GuruFocus.com
First Solar Could Be a Good Investment, But Conditions Apply Apr 17 2014 
Every Growth Stock Follows This Pattern. EVERY. SINGLE. ONE. Apr 11 2014 
Numerous Gurus Hold S&P ‘Biggest Losers’ in Food, Sun and Games Nov 08 2013 
First Solar (FSLR) Q3 2013 Strong Financial Performance, Revenues Soar Nov 03 2013 
Bargain Shopping the S&P 500 Sep 30 2013 
Surfing for Billionaire Bargains Sep 22 2013 
Six Sells Review - Ruane, Cunniff & Goldfarb Sep 16 2013 
Short Interest Ratio: First Solar Squeeze of a Lifetime Apr 19 2013 
JC Penney - Maximum Pessimism? Mar 27 2013 
JC Penney - Maximum Pessimism? Mar 26 2013 

More From Our Partners
Will Amazon (AMZN) Disappoint this Earnings Season? - Analyst Blog Jul 22 2014 - ZACKS

More From Other Websites
Will Amazon (AMZN) Disappoint this Earnings Season? Jul 22 2014
First Solar shares dramatically undervalued, says Brean Capital Jul 22 2014
Enphase Energy (ENPH) Soars: Stock Gains 17.1% Jul 22 2014
First Solar Applies for 370 Megawatt Project in Chile Jul 21 2014
4 Terrific Reasons To Invest In First Solar Jul 21 2014
The Solar Industry: U.S. Duties, WTO Ruling And The Obvious Winners Jul 18 2014
Solar stocks rise after successful IPO in space Jul 18 2014
Taking An Early Look At First Solar's Second Quarter Earnings And Full-Year Outlook Jul 16 2014
Some Pre-Earnings Love for Solar ETF Jul 16 2014
3 Solar Stocks With Short Interest Still Rising Jul 14 2014
First Solar Drops Plan for World’s Biggest Plant in China Jul 11 2014
Short Interest Heats Up in Solar Stocks Jul 11 2014
Stocks Fall In Higher Volume; Solar Stocks Sell Off Jul 08 2014
Why First Solar (FSLR) Stock Is Down Today Jul 08 2014
Sunnova Expands with Enphase Energy to Become First Solar Service Provider in the U.S. Virgin... Jul 08 2014
First Solar Positioned To Capitalize On Exploding U.S. Residential Market Jul 07 2014
Solar Thin-Film Panels Reach 11-Month High on Trade War Jul 03 2014
An Inquiry Into The Wealth Of Renewable Energy: Part III Jul 03 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

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)
Free 7-day Trial
FEEDBACK
Email Hide