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 : 6/10

vs
industry
vs
history
Cash to Debt 0.43
TSL's Cash to Debt is ranked lower than
75% of the 835 Companies
in the Global Solar industry.

( Industry Median: 1.78 vs. TSL: 0.43 )
Ranked among companies with meaningful Cash to Debt only.
TSL' s 10-Year Cash to Debt Range
Min: 0.11  Med: 0.68 Max: N/A
Current: 0.43
Equity to Asset 0.30
TSL's Equity to Asset is ranked lower than
89% of the 809 Companies
in the Global Solar industry.

( Industry Median: 0.62 vs. TSL: 0.30 )
Ranked among companies with meaningful Equity to Asset only.
TSL' s 10-Year Equity to Asset Range
Min: 0.18  Med: 0.44 Max: 0.7
Current: 0.3
0.18
0.7
Interest Coverage 3.44
TSL's Interest Coverage is ranked lower than
88% of the 502 Companies
in the Global Solar industry.

( Industry Median: 1169.55 vs. TSL: 3.44 )
Ranked among companies with meaningful Interest Coverage only.
TSL' s 10-Year Interest Coverage Range
Min: 0.88  Med: 5.26 Max: 85.29
Current: 3.44
0.88
85.29
F-Score: 6
Z-Score: 1.12
M-Score: -2.22
WACC vs ROIC
7.04%
5.63%
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 (%) 4.63
TSL's Operating margin (%) is ranked higher than
50% of the 826 Companies
in the Global Solar industry.

( Industry Median: 4.52 vs. TSL: 4.63 )
Ranked among companies with meaningful Operating margin (%) only.
TSL' s 10-Year Operating margin (%) Range
Min: -79.23  Med: 11.97 Max: 22.47
Current: 4.63
-79.23
22.47
Net-margin (%) 1.95
TSL's Net-margin (%) is ranked lower than
57% of the 826 Companies
in the Global Solar industry.

( Industry Median: 4.08 vs. TSL: 1.95 )
Ranked among companies with meaningful Net-margin (%) only.
TSL' s 10-Year Net-margin (%) Range
Min: -20.56  Med: 6.05 Max: 16.77
Current: 1.95
-20.56
16.77
ROE (%) 5.02
TSL's ROE (%) is ranked lower than
51% of the 814 Companies
in the Global Solar industry.

( Industry Median: 5.46 vs. TSL: 5.02 )
Ranked among companies with meaningful ROE (%) only.
TSL' s 10-Year ROE (%) Range
Min: -26.3  Med: 13.62 Max: 34.2
Current: 5.02
-26.3
34.2
ROA (%) 1.56
TSL's ROA (%) is ranked lower than
58% of the 837 Companies
in the Global Solar industry.

( Industry Median: 2.83 vs. TSL: 1.56 )
Ranked among companies with meaningful ROA (%) only.
TSL' s 10-Year ROA (%) Range
Min: -9.28  Med: 7.84 Max: 16.92
Current: 1.56
-9.28
16.92
ROC (Joel Greenblatt) (%) 6.46
TSL's ROC (Joel Greenblatt) (%) is ranked lower than
56% of the 835 Companies
in the Global Solar industry.

( Industry Median: 9.42 vs. TSL: 6.46 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
TSL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -18.57  Med: 14.66 Max: 46.99
Current: 6.46
-18.57
46.99
Revenue Growth (3Y)(%) -2.80
TSL's Revenue Growth (3Y)(%) is ranked lower than
54% of the 551 Companies
in the Global Solar industry.

( Industry Median: -1.50 vs. TSL: -2.80 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
TSL' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0  Med: 10.80 Max: 1056.3
Current: -2.8
0
1056.3
EBITDA Growth (3Y)(%) 34.30
TSL's EBITDA Growth (3Y)(%) is ranked higher than
88% of the 419 Companies
in the Global Solar industry.

( Industry Median: -1.30 vs. TSL: 34.30 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
TSL' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: -30.85 Max: 88.3
Current: 34.3
0
88.3
» TSL's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2014

TSL Guru Trades in Q3 2014

Chase Coleman 2,550,000 sh (New)
Steven Cohen 701,500 sh (+75.38%)
Louis Moore Bacon 968,353 sh (+70.60%)
Howard Marks 3,145,624 sh (+23.94%)
» More
Q4 2014

TSL Guru Trades in Q4 2014

Howard Marks 282,801,100 sh (+7437.90%)
Howard Marks 3,751,724 sh (+19.27%)
Chase Coleman 2,550,000 sh (unchged)
Steven Cohen Sold Out
Louis Moore Bacon Sold Out
» More
Q1 2015

TSL Guru Trades in Q1 2015

Jim Simons 30,900 sh (New)
RS Investment Management 181,620 sh (New)
Louis Moore Bacon 300,000 sh (New)
Steven Cohen 457,300 sh (New)
Howard Marks 3,906,963 sh (+4.14%)
Chase Coleman Sold Out
» More
Q2 2015

TSL Guru Trades in Q2 2015

Jim Simons 523,000 sh (+1592.56%)
Louis Moore Bacon 625,000 sh (+108.33%)
RS Investment Management Sold Out
Howard Marks 3,698,763 sh (-5.33%)
Steven Cohen 173,600 sh (-62.04%)
» More
» Details

Insider Trades

Latest Guru Trades with TSL

(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) 14.84
TSL's P/E(ttm) is ranked higher than
53% of the 548 Companies
in the Global Solar industry.

( Industry Median: 16.70 vs. TSL: 14.84 )
Ranked among companies with meaningful P/E(ttm) only.
TSL' s 10-Year P/E(ttm) Range
Min: 2.11  Med: 15.55 Max: 70.54
Current: 14.84
2.11
70.54
Forward P/E 6.38
TSL's Forward P/E is ranked higher than
95% of the 279 Companies
in the Global Solar industry.

( Industry Median: 16.50 vs. TSL: 6.38 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 16.20
TSL's PE(NRI) is ranked higher than
51% of the 548 Companies
in the Global Solar industry.

( Industry Median: 16.60 vs. TSL: 16.20 )
Ranked among companies with meaningful PE(NRI) only.
TSL' s 10-Year PE(NRI) Range
Min: 2.09  Med: 16.28 Max: 73.36
Current: 16.2
2.09
73.36
P/B 0.83
TSL's P/B is ranked higher than
74% of the 801 Companies
in the Global Solar industry.

( Industry Median: 1.40 vs. TSL: 0.83 )
Ranked among companies with meaningful P/B only.
TSL' s 10-Year P/B Range
Min: 0.19  Med: 1.21 Max: 7.42
Current: 0.83
0.19
7.42
P/S 0.32
TSL's P/S is ranked higher than
90% of the 826 Companies
in the Global Solar industry.

( Industry Median: 1.28 vs. TSL: 0.32 )
Ranked among companies with meaningful P/S only.
TSL' s 10-Year P/S Range
Min: 0.11  Med: 0.62 Max: 4.5
Current: 0.32
0.11
4.5
POCF 2.62
TSL's POCF is ranked higher than
93% of the 574 Companies
in the Global Solar industry.

( Industry Median: 11.58 vs. TSL: 2.62 )
Ranked among companies with meaningful POCF only.
TSL' s 10-Year POCF Range
Min: 1.98  Med: 3.91 Max: 31.08
Current: 2.62
1.98
31.08
EV-to-EBIT 14.97
TSL's EV-to-EBIT is ranked lower than
58% of the 561 Companies
in the Global Solar industry.

( Industry Median: 12.47 vs. TSL: 14.97 )
Ranked among companies with meaningful EV-to-EBIT only.
TSL' s 10-Year EV-to-EBIT Range
Min: -45.4  Med: 10.40 Max: 88.4
Current: 14.97
-45.4
88.4
Current Ratio 1.00
TSL's Current Ratio is ranked lower than
87% of the 825 Companies
in the Global Solar industry.

( Industry Median: 2.23 vs. TSL: 1.00 )
Ranked among companies with meaningful Current Ratio only.
TSL' s 10-Year Current Ratio Range
Min: 0.99  Med: 1.37 Max: 2.83
Current: 1
0.99
2.83
Quick Ratio 0.81
TSL's Quick Ratio is ranked lower than
83% of the 825 Companies
in the Global Solar industry.

( Industry Median: 1.72 vs. TSL: 0.81 )
Ranked among companies with meaningful Quick Ratio only.
TSL' s 10-Year Quick Ratio Range
Min: 0.74  Med: 1.06 Max: 2.61
Current: 0.81
0.74
2.61
Days Inventory 73.65
TSL's Days Inventory is ranked higher than
54% of the 802 Companies
in the Global Solar industry.

( Industry Median: 79.04 vs. TSL: 73.65 )
Ranked among companies with meaningful Days Inventory only.
TSL' s 10-Year Days Inventory Range
Min: 22.97  Med: 66.00 Max: 759.36
Current: 73.65
22.97
759.36
Days Sales Outstanding 86.46
TSL's Days Sales Outstanding is ranked lower than
73% of the 767 Companies
in the Global Solar industry.

( Industry Median: 62.19 vs. TSL: 86.46 )
Ranked among companies with meaningful Days Sales Outstanding only.
TSL' s 10-Year Days Sales Outstanding Range
Min: 46.15  Med: 91.52 Max: 1758
Current: 86.46
46.15
1758

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.88
TSL's Price/Tangible Book is ranked higher than
74% of the 778 Companies
in the Global Solar industry.

( Industry Median: 1.56 vs. TSL: 0.88 )
Ranked among companies with meaningful Price/Tangible Book only.
TSL' s 10-Year Price/Tangible Book Range
Min: 0.37  Med: 1.36 Max: 5.55
Current: 0.88
0.37
5.55
Price/Projected FCF 3.43
TSL's Price/Projected FCF is ranked lower than
81% of the 313 Companies
in the Global Solar industry.

( Industry Median: 1.39 vs. TSL: 3.43 )
Ranked among companies with meaningful Price/Projected FCF only.
TSL' s 10-Year Price/Projected FCF Range
Min: 0.42  Med: 1.83 Max: 4.89
Current: 3.43
0.42
4.89
Price/Median PS Value 0.49
TSL's Price/Median PS Value is ranked higher than
88% of the 778 Companies
in the Global Solar industry.

( Industry Median: 0.91 vs. TSL: 0.49 )
Ranked among companies with meaningful Price/Median PS Value only.
TSL' s 10-Year Price/Median PS Value Range
Min: 0.35  Med: 1.26 Max: 6.95
Current: 0.49
0.35
6.95
Price/Peter Lynch Fair Value 1.36
TSL's Price/Peter Lynch Fair Value is ranked lower than
870% of the 106 Companies
in the Global Solar industry.

( Industry Median: 1.02 vs. TSL: 1.36 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
TSL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.49  Med: 0.74 Max: 0.98
Current: 1.36
0.49
0.98
Price/Graham Number 0.80
TSL's Price/Graham Number is ranked higher than
65% of the 519 Companies
in the Global Solar industry.

( Industry Median: 1.10 vs. TSL: 0.80 )
Ranked among companies with meaningful Price/Graham Number only.
TSL' s 10-Year Price/Graham Number Range
Min: 0.36  Med: 1.14 Max: 3.81
Current: 0.8
0.36
3.81
Earnings Yield (Greenblatt) (%) 6.67
TSL's Earnings Yield (Greenblatt) (%) is ranked higher than
61% of the 828 Companies
in the Global Solar industry.

( Industry Median: 3.60 vs. TSL: 6.67 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
TSL' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 1.1  Med: 6.90 Max: 23.4
Current: 6.67
1.1
23.4
Forward Rate of Return (Yacktman) (%) 19.47
TSL's Forward Rate of Return (Yacktman) (%) is ranked higher than
80% of the 346 Companies
in the Global Solar industry.

( Industry Median: 4.47 vs. TSL: 19.47 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
TSL' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -102.8  Med: -15.90 Max: 41.8
Current: 19.47
-102.8
41.8

Analyst Estimate

Dec15 Dec16 Dec17
Revenue(Mil) 2,782 2,992 2,868
EPS($) 1.10 1.33 1.50
EPS without NRI($) 1.10 1.33 1.50

Business Description

Industry: Semiconductors » Solar
Compare:FSLR, SPWR, SOL, CSSXF, LDK » details
Traded in other countries:TR3.Germany, TSLN.Mexico, TSL.Switzerland, K3KD.Singapore,
Trina Solar Ltd was incorporated on March 14, 2006 in Cayman Islands. It is integrated solar-power products manufacturer and solar system developer based in China. The Company operates in a single business segment which is comprised of the production of mono- and multi-crystalline silicon ingots, wafers, cells and related products and the subsequent assembly and marketing of solar modules, which are panels packed with interconnected solar cells that convert sunlight into electricity. It also develops, design, construct and sell solar power projects that use the solar modules it manufacture. It designs, develop, manufacture and sell efficiency PV modules. PV modules are arrays of interconnected solar cells encased in a weatherproof frame. It produces standard solar monocrystalline modules ranging from between 205 W and 215 W to between 260 W and 270 W in power output and multicrystalline modules ranging from 240 W to 310 W in power output, built to general specifications used in residential, commercial, industrial and other solar power generation systems. The Company's sales and distribution channels include solar power markets in United Kingdom, India, Australia and Japan, as well as other markets in Asia, Africa, the Middle East, Latin America, and the Caribbean Islands. The Company competes with other PV module manufacturing companies, including dedicated PV manufacturers such as Yingli Green Energy Holding Co., Ltd., First Solar, Inc., GCL Solar Energy Technology Holdings Inc., JinkoSolar Holding Co., Ltd., and Canadian Solar Inc. as well as multinational conglomerates such as Sharp Electronic Corporation and Mitsubishi Electric Corporation. The Company's operations are subject to regulation and periodic monitoring by local environmental protection authorities.
» More Articles for TSL

Headlines

Articles On GuruFocus.com
Tree Island and Union Local Sign Five Year Collective Agreement Jul 20 2015 
Tree Island Announces Second Quarter 2015 Financial Results and Conference Call Notification Jul 14 2015 
Trina Solar Is Primed For Growth Jun 12 2015 
Trina Solar's Product Development Makes It a Good Buy Apr 16 2015 
Trina Solar's Momentum Will Continue in the Long Run Mar 30 2015 
ReneSola Has Huge Potential For Growth Jan 07 2015 
Tree Island Steel Announces Third Quarter 2014 Financial Results and Conference Call Notification Oct 23 2014 
A Hedge Fund Exposed to China-based Companies Oct 19 2014 
SolarCity’s IPO Up and Running, Gurus Who Own Competing Companies Brought to Light Dec 13 2012 
Can First Solar Benefit from a Revitalized Loan Guarantee Program? Apr 20 2012 

More From Other Websites
Trina Solar Ltd. Earnings Q2, 2015 Aug 28 2015
Why Did Canadian Solar and SunEdison Tank Last Week? Aug 26 2015
ReneSola Q2 Loss Narrower than Expected, Revenues Beat Aug 26 2015
Axiom: Sell Trina Solar, Its Leveraged Risk Is 'Scary' Aug 26 2015
Solar Stocks: 'Thanks Obama' Aug 25 2015
Trina Solar (TSL) Earnings Estimate Raised at Credit Suisse Aug 19 2015
Trina Solar Beats on Q2 Earnings, Raises Shipments Forecast Aug 19 2015
Trina Solar (TSL) Stock Gains on Earnings Beat Aug 18 2015
Edited Transcript of TSL earnings conference call or presentation 18-Aug-15 12:00pm GMT Aug 18 2015
Trending Now: TSL Aug 18 2015
Trina Solar Ltd Earnings Call scheduled for 8:00 am ET today Aug 18 2015
Trina Solar Announces Second Quarter 2015 Results Aug 18 2015
Q2 2015 Trina Solar Ltd Earnings Release - Time Not Supplied Aug 18 2015
Trina Solar Announces Second Quarter 2015 Results Aug 18 2015
Can Solar Bounce From Here? Aug 14 2015
The Zacks Analyst Blog Highlights: China Southern Airlines, China Eastern Airlines, Huaneng Power... Aug 13 2015
5 China Stocks to Watch After Currency Devaluation Aug 12 2015
First Solar, Inc. Earnings Analysis: By the Numbers Q2*, 2015 Aug 10 2015
Solar demand increases 20-30% per year: Pro Aug 07 2015
Economic Slowdown Could Spell Trouble For Chinese Solar Companies Aug 05 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