Switch to:
GuruFocus has detected 2 Warning Signs with First Solar Inc $FSLR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
First Solar Inc (NAS:FSLR)
EV-to-EBITDA
-4.81 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, First Solar Inc's enterprise value is $1,059 Mil. First Solar Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $-220 Mil. Therefore, First Solar Inc's EV/EBITDA ratio for today is -4.81.

FSLR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.7   Max: 171.6
Current: -4.81

-9.7
171.6

During the past 13 years, the highest EV/EBITDA Ratio of First Solar Inc was 171.60. The lowest was -9.70. And the median was 10.20.

FSLR's EV-to-EBITDA is ranked lower than
99.99% of the 903 Companies
in the Global Solar industry.

( Industry Median: 13.47 vs. FSLR: -4.81 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, First Solar Inc's stock price is $26.80. First Solar Inc's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $-3.50. Therefore, First Solar Inc's P/E Ratio for today is .

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

First Solar Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1059.072/-220.212
=-4.81

First Solar Inc's current Enterprise Value is $1,059 Mil.
First Solar Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 262.349 (Mar. 2016 ) + 76.134 (Jun. 2016 ) + 155.855 (Sep. 2016 ) + -714.55 (Dec. 2016 ) = $-220 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

First Solar Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=26.80/-3.5
=

First Solar Inc's share price for today is $26.80.
First Solar Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 1.66 (Mar. 2016 ) + 0.13 (Jun. 2016 ) + 1.49 (Sep. 2016 ) + -6.78 (Dec. 2016 ) = $-3.50.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

First Solar Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 111.9820.3713.3111.4116.039.496.343.976.60-7.12

First Solar Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 10.693.9710.116.123.266.605.153.524.04-7.12
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