Switch to:
Also traded in: Germany, 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 : 4/10

vs
industry
vs
history
Cash-to-Debt 0.19
CSIQ's Cash-to-Debt is ranked lower than
87% of the 847 Companies
in the Global Solar industry.

( Industry Median: 1.77 vs. CSIQ: 0.19 )
Ranked among companies with meaningful Cash-to-Debt only.
CSIQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11  Med: 0.41 Max: No Debt
Current: 0.19
Equity-to-Asset 0.16
CSIQ's Equity-to-Asset is ranked lower than
95% of the 844 Companies
in the Global Solar industry.

( Industry Median: 0.62 vs. CSIQ: 0.16 )
Ranked among companies with meaningful Equity-to-Asset only.
CSIQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13  Med: 0.32 Max: 0.87
Current: 0.16
0.13
0.87
Interest Coverage 1.34
CSIQ's Interest Coverage is ranked lower than
95% of the 662 Companies
in the Global Solar industry.

( Industry Median: 55.60 vs. CSIQ: 1.34 )
Ranked among companies with meaningful Interest Coverage only.
CSIQ' s Interest Coverage Range Over the Past 10 Years
Min: 0.16  Med: 2.4 Max: 7.49
Current: 1.34
0.16
7.49
Piotroski F-Score: 4
Altman Z-Score: 0.81
WACC vs ROIC
6.20%
2.72%
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 % 3.27
CSIQ's Operating Margin % is ranked lower than
56% of the 844 Companies
in the Global Solar industry.

( Industry Median: 4.69 vs. CSIQ: 3.27 )
Ranked among companies with meaningful Operating Margin % only.
CSIQ' s Operating Margin % Range Over the Past 10 Years
Min: -11.01  Med: 3.34 Max: 12.37
Current: 3.27
-11.01
12.37
Net Margin % 2.29
CSIQ's Net Margin % is ranked lower than
56% of the 843 Companies
in the Global Solar industry.

( Industry Median: 3.63 vs. CSIQ: 2.29 )
Ranked among companies with meaningful Net Margin % only.
CSIQ' s Net Margin % Range Over the Past 10 Years
Min: -15.1  Med: 2.1 Max: 8.09
Current: 2.29
-15.1
8.09
ROE % 7.36
CSIQ's ROE % is ranked higher than
59% of the 826 Companies
in the Global Solar industry.

( Industry Median: 4.52 vs. CSIQ: 7.36 )
Ranked among companies with meaningful ROE % only.
CSIQ' s ROE % Range Over the Past 10 Years
Min: -51.65  Med: 6.67 Max: 43.26
Current: 7.36
-51.65
43.26
ROA % 1.32
CSIQ's ROA % is ranked lower than
58% of the 850 Companies
in the Global Solar industry.

( Industry Median: 2.48 vs. CSIQ: 1.32 )
Ranked among companies with meaningful ROA % only.
CSIQ' s ROA % Range Over the Past 10 Years
Min: -9.44  Med: 1.34 Max: 8.67
Current: 1.32
-9.44
8.67
ROC (Joel Greenblatt) % 12.72
CSIQ's ROC (Joel Greenblatt) % is ranked higher than
60% of the 849 Companies
in the Global Solar industry.

( Industry Median: 9.62 vs. CSIQ: 12.72 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
CSIQ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.01  Med: 6.78 Max: 27.83
Current: 12.72
-12.01
27.83
3-Year Revenue Growth Rate 14.40
CSIQ's 3-Year Revenue Growth Rate is ranked higher than
90% of the 720 Companies
in the Global Solar industry.

( Industry Median: 2.80 vs. CSIQ: 14.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
CSIQ' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -1.4  Med: 35.5 Max: 165.9
Current: 14.4
-1.4
165.9
3-Year EBITDA Growth Rate 6.20
CSIQ's 3-Year EBITDA Growth Rate is ranked lower than
99.99% of the 544 Companies
in the Global Solar industry.

( Industry Median: 5.50 vs. CSIQ: 6.20 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
CSIQ' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -7.3  Med: 21.5 Max: 173.7
Current: 6.2
-7.3
173.7
3-Year EPS without NRI Growth Rate 21.10
CSIQ's 3-Year EPS without NRI Growth Rate is ranked lower than
99.99% of the 487 Companies
in the Global Solar industry.

( Industry Median: 0.90 vs. CSIQ: 21.10 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
CSIQ' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -18.4  Med: 52.65 Max: 106.4
Current: 21.1
-18.4
106.4
GuruFocus has detected 3 Warning Signs with Canadian Solar Inc $CSIQ.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» CSIQ's 30-Y Financials

Financials (Next Earnings Date: 2017-06-06)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

CSIQ Guru Trades in Q2 2016

Mario Gabelli 12,150 sh (New)
» More
Q3 2016

CSIQ Guru Trades in Q3 2016

Mario Gabelli 14,350 sh (+18.11%)
» More
Q4 2016

CSIQ Guru Trades in Q4 2016

Mario Gabelli 11,400 sh (-20.56%)
» More
Q1 2017

CSIQ Guru Trades in Q1 2017

Mario Gabelli Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CSIQ

(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    NAICS: 334413    SIC: 3352
Compare:NAS:SEDG, OTCPK:AJGH, NYSE:JKS, NAS:HQCL, NAS:RUN, NAS:SPWR, NYSE:TSL, NAS:JASO, NYSE:VSLR, OTCPK:CMHXF, OTCPK:DYSOF, NYSE:SOL, NAS:VVPR, OTCPK:QTMM, NYSE:YGE, NAS:SUNW, OTCPK:OPVS, OTCPK:SRWRY, OTCPK:EVSI, OTCPK:UGEIF » details
Traded in other countries:L5A.Germany, CSIQ.Switzerland, 0QY7.UK,
Headquarter Location:Canada
Canadian Solar Inc is a solar power company. The Company designs, develops and manufactures solar wafers, cells and solar power products.

Canadian Solar Inc was incorporated under the laws of the Province of Ontario, Canada in October 2001. The Company changed its jurisdiction by continuing under the Canadian federal corporate statute, the Canada Business Corporations Act, or CBCA, effective June 1, 2006. As a result, it was governed by the CBCA. The Company is a solar power company. It is vertically integrated provider of solar power products and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. The Company designs, develops, and manufactures solar wafers, cells and solar power products. The Company operates its business in two principal reportable business segments, i.e., module segment and energy segment. The module segment involves design, development, manufacture and sales of solar power products and solar system kits to third parties. The energy segment comprises solar project development and sale, EPC and development services, O&M services, operating solar power projects and sales of electricity. Its solar power products include standard solar modules and specialty solar products. Its products include solar modules built to general specifications for use in a wide range of residential, commercial and industrial solar power generation systems. Specialty solar products consist of customized solar modules that its customers incorporate into their own products and complete specialty products, such as portable solar home systems. It sells its products under its Canadian Solar brand name. Its product lines range from modules of medium power, to high efficiency, high-power output mono-crystalline modules, as well as a range of specialty products. Its customers include distributors, system integrators, project developers and installers/EPC companies. The Company competes with international companies such as First Solar and Sharp Solar, and China-based companies such as Yingli, Trina and Jinko. Some of its competitors are developing or producing products based on alternative solar technologies, such as thin film PV materials, that may ultimately have costs similar to, or lower than, the Company's projected costs.

Ratios

vs
industry
vs
history
PE Ratio 12.59
CSIQ's PE Ratio is ranked higher than
87% of the 580 Companies
in the Global Solar industry.

( Industry Median: 23.08 vs. CSIQ: 12.59 )
Ranked among companies with meaningful PE Ratio only.
CSIQ' s PE Ratio Range Over the Past 10 Years
Min: 2.71  Med: 11.2 Max: 144.09
Current: 12.59
2.71
144.09
PE Ratio without NRI 12.59
CSIQ's PE Ratio without NRI is ranked higher than
86% of the 575 Companies
in the Global Solar industry.

( Industry Median: 23.70 vs. CSIQ: 12.59 )
Ranked among companies with meaningful PE Ratio without NRI only.
CSIQ' s PE Ratio without NRI Range Over the Past 10 Years
Min: 2.71  Med: 11.2 Max: 144.09
Current: 12.59
2.71
144.09
PB Ratio 0.91
CSIQ's PB Ratio is ranked higher than
87% of the 836 Companies
in the Global Solar industry.

( Industry Median: 1.91 vs. CSIQ: 0.91 )
Ranked among companies with meaningful PB Ratio only.
CSIQ' s PB Ratio Range Over the Past 10 Years
Min: 0.19  Med: 1.39 Max: 8.08
Current: 0.91
0.19
8.08
PS Ratio 0.27
CSIQ's PS Ratio is ranked higher than
95% of the 837 Companies
in the Global Solar industry.

( Industry Median: 1.72 vs. CSIQ: 0.27 )
Ranked among companies with meaningful PS Ratio only.
CSIQ' s PS Ratio Range Over the Past 10 Years
Min: 0.05  Med: 0.44 Max: 3.78
Current: 0.27
0.05
3.78
EV-to-EBIT 18.76
CSIQ's EV-to-EBIT is ranked higher than
54% of the 830 Companies
in the Global Solar industry.

( Industry Median: 19.23 vs. CSIQ: 18.76 )
Ranked among companies with meaningful EV-to-EBIT only.
CSIQ' s EV-to-EBIT Range Over the Past 10 Years
Min: -490.6  Med: 10.3 Max: 433.1
Current: 18.76
-490.6
433.1
EV-to-EBITDA 18.76
CSIQ's EV-to-EBITDA is ranked lower than
64% of the 903 Companies
in the Global Solar industry.

( Industry Median: 13.47 vs. CSIQ: 18.76 )
Ranked among companies with meaningful EV-to-EBITDA only.
CSIQ' s EV-to-EBITDA Range Over the Past 10 Years
Min: -490.6  Med: 9.6 Max: 433.1
Current: 18.76
-490.6
433.1
Shiller PE Ratio 41.25
CSIQ's Shiller PE Ratio is ranked higher than
66% of the 98 Companies
in the Global Solar industry.

( Industry Median: 9999.00 vs. CSIQ: 41.25 )
Ranked among companies with meaningful Shiller PE Ratio only.
CSIQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.56  Med: 74.88 Max: 1295
Current: 41.25
32.56
1295
Current Ratio 1.02
CSIQ's Current Ratio is ranked lower than
87% of the 840 Companies
in the Global Solar industry.

( Industry Median: 2.42 vs. CSIQ: 1.02 )
Ranked among companies with meaningful Current Ratio only.
CSIQ' s Current Ratio Range Over the Past 10 Years
Min: 0.85  Med: 1.4 Max: 7.38
Current: 1.02
0.85
7.38
Quick Ratio 0.94
CSIQ's Quick Ratio is ranked lower than
77% of the 839 Companies
in the Global Solar industry.

( Industry Median: 1.85 vs. CSIQ: 0.94 )
Ranked among companies with meaningful Quick Ratio only.
CSIQ' s Quick Ratio Range Over the Past 10 Years
Min: 0.73  Med: 0.98 Max: 4.87
Current: 0.94
0.73
4.87
Days Inventory 49.94
CSIQ's Days Inventory is ranked higher than
72% of the 813 Companies
in the Global Solar industry.

( Industry Median: 77.37 vs. CSIQ: 49.94 )
Ranked among companies with meaningful Days Inventory only.
CSIQ' s Days Inventory Range Over the Past 10 Years
Min: 47.09  Med: 61.67 Max: 86.52
Current: 49.94
47.09
86.52
Days Sales Outstanding 51.20
CSIQ's Days Sales Outstanding is ranked higher than
65% of the 766 Companies
in the Global Solar industry.

( Industry Median: 63.48 vs. CSIQ: 51.20 )
Ranked among companies with meaningful Days Sales Outstanding only.
CSIQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.72  Med: 53.68 Max: 87.67
Current: 51.2
26.72
87.67
Days Payable 65.95
CSIQ's Days Payable is ranked lower than
99.99% of the 743 Companies
in the Global Solar industry.

( Industry Median: 51.49 vs. CSIQ: 65.95 )
Ranked among companies with meaningful Days Payable only.
CSIQ' s Days Payable Range Over the Past 10 Years
Min: 10.79  Med: 62.13 Max: 74.34
Current: 65.95
10.79
74.34

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -4.30
CSIQ's 3-Year Average Share Buyback Ratio is ranked lower than
76% of the 573 Companies
in the Global Solar industry.

( Industry Median: -2.40 vs. CSIQ: -4.30 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
CSIQ' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -20.9  Med: -8.75 Max: -0.1
Current: -4.3
-20.9
-0.1

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.92
CSIQ's Price-to-Tangible-Book is ranked higher than
87% of the 802 Companies
in the Global Solar industry.

( Industry Median: 2.03 vs. CSIQ: 0.92 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
CSIQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25  Med: 1.88 Max: 6.09
Current: 0.92
0.25
6.09
Price-to-Intrinsic-Value-Projected-FCF 1.13
CSIQ's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
71% of the 457 Companies
in the Global Solar industry.

( Industry Median: 1.54 vs. CSIQ: 1.13 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
CSIQ' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.58  Med: 2.64 Max: 11.17
Current: 1.13
0.58
11.17
Price-to-Median-PS-Value 0.65
CSIQ's Price-to-Median-PS-Value is ranked higher than
94% of the 750 Companies
in the Global Solar industry.

( Industry Median: 1.17 vs. CSIQ: 0.65 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
CSIQ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.14  Med: 1.1 Max: 6.89
Current: 0.65
0.14
6.89
Price-to-Graham-Number 0.72
CSIQ's Price-to-Graham-Number is ranked higher than
99% of the 538 Companies
in the Global Solar industry.

( Industry Median: 1.54 vs. CSIQ: 0.72 )
Ranked among companies with meaningful Price-to-Graham-Number only.
CSIQ' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.63  Med: 0.85 Max: 2.88
Current: 0.72
0.63
2.88
Earnings Yield (Greenblatt) % 5.34
CSIQ's Earnings Yield (Greenblatt) % is ranked higher than
63% of the 1019 Companies
in the Global Solar industry.

( Industry Median: 4.11 vs. CSIQ: 5.34 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
CSIQ' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.2  Med: 6.7 Max: 28.6
Current: 5.34
0.2
28.6

More Statistics

Revenue (TTM) (Mil) $2,853
EPS (TTM) $ 1.10
Beta2.94
Short Percentage of Float15.58%
52-Week Range $10.25 - 19.65
Shares Outstanding (Mil)57.83
» More Articles for CSIQ

Headlines

Articles On GuruFocus.com
Canadian Solar Announces Investment in eNow Solar-Based Power Management for Commercial Transportati May 11 2017 
Canadian Solar Schedules First Quarter 2017 Earnings Conference Call on June 6 May 09 2017 
Canadian Solar Appoints Ty Daul as Vice President, Americas, Energy Group May 03 2017 
Canadian Solar Secures AUD65 Million Project Financing for Its 47MWp Solar Power Projects in Austral May 02 2017 
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2016 Apr 27 2017 
Canadian Solar Supplies 10 MW of Modules to the Largest Solar Project in Uganda Apr 26 2017 
Canadian Solar Secures Project Financing from Prudential Capital Group and U.S. Bank Apr 25 2017 
Canadian Solar Completes the Sale of Two Solar Power Plants in China to Shenzhen Energy Apr 12 2017 
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Apr 03 2017 
Canadian Solar Secures JPY4 Billion Credit Facility with Sumitomo Mitsui Finance and Leasing Company Mar 31 2017 

More From Other Websites
Tech Stocks from Briefing.com May 25 2017
Here's Why The Worst Is Yet to Come for Canadian Solar Inc. May 24 2017
ETFs with exposure to Canadian Solar, Inc. : May 18, 2017 May 18 2017
Canadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : May 17, 2017 May 17 2017
Canadian Solar, Inc. :CSIQ-US: Earnings Analysis: Q4, 2016 By the Numbers : May 16, 2017 May 16 2017
Canadian Solar Announces Investment in eNow Solar-Based Power Management for Commercial... May 11 2017
Solar Stocks Are Facing Major Resistance (TAN, FSLR) May 10 2017
Canadian Solar Schedules First Quarter 2017 Earnings Conference Call on June 6 May 09 2017
Canadian Solar Appoints Ty Daul as Vice President, Americas, Energy Group May 03 2017
Short-Sellers Are Taking a Risky Bet Against Solar Stocks May 02 2017
Zacks Industry Outlook Highlights: JinkoSolar Holding, JA Solar Holdings, Trina Solar, Canadian... May 02 2017
Canadian Solar Secures AUD65 Million Project Financing for Its 47MWp Solar Power Projects in... May 02 2017
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2016 Apr 27 2017
Short Sellers Pulling Out of Solar, Alternative Energy Stocks Apr 26 2017
Canadian Solar Supplies 10 MW of Modules to the Largest Solar Project in Uganda Apr 26 2017
Canadian Solar Secures Project Financing from Prudential Capital Group and U.S. Bank Apr 25 2017
KB Home, Canadian Solar and Apple highlighted as Zacks Bull and Bear of the Day Apr 21 2017
Bear of the Day: Canadian Solar (CSIQ) Apr 21 2017
Canadian Solar (CSIQ) Up 12.5% Since Earnings Report: Can It Continue? Apr 21 2017

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)

GF Chat

{{numOfNotice}}