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Also traded in: Argentina, Germany, Mexico, 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 : 7/10

vs
industry
vs
history
Cash-to-Debt 8.82
FSLR's Cash-to-Debt is ranked higher than
69% of the 848 Companies
in the Global Solar industry.

( Industry Median: 1.76 vs. FSLR: 8.82 )
Ranked among companies with meaningful Cash-to-Debt only.
FSLR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28  Med: 5.11 Max: N/A
Current: 8.82
Equity-to-Asset 0.79
FSLR's Equity-to-Asset is ranked higher than
77% of the 844 Companies
in the Global Solar industry.

( Industry Median: 0.63 vs. FSLR: 0.79 )
Ranked among companies with meaningful Equity-to-Asset only.
FSLR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13  Med: 0.75 Max: 0.83
Current: 0.79
0.13
0.83
Piotroski F-Score: 3
Altman Z-Score: 3.22
Beneish M-Score: -3.32
WACC vs ROIC
9.97%
-17.69%
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 : 4/10

vs
industry
vs
history
Operating Margin % -22.57
FSLR's Operating Margin % is ranked lower than
87% of the 849 Companies
in the Global Solar industry.

( Industry Median: 5.48 vs. FSLR: -22.57 )
Ranked among companies with meaningful Operating Margin % only.
FSLR' s Operating Margin % Range Over the Past 10 Years
Min: -22.57  Med: 13.48 Max: 35.17
Current: -22.57
-22.57
35.17
Net Margin % -17.34
FSLR's Net Margin % is ranked lower than
84% of the 849 Companies
in the Global Solar industry.

( Industry Median: 3.98 vs. FSLR: -17.34 )
Ranked among companies with meaningful Net Margin % only.
FSLR' s Net Margin % Range Over the Past 10 Years
Min: -17.34  Med: 13.49 Max: 31.42
Current: -17.34
-17.34
31.42
ROE % -9.30
FSLR's ROE % is ranked lower than
79% of the 828 Companies
in the Global Solar industry.

( Industry Median: 4.85 vs. FSLR: -9.30 )
Ranked among companies with meaningful ROE % only.
FSLR' s ROE % Range Over the Past 10 Years
Min: -9.3  Med: 9.52 Max: 30.73
Current: -9.3
-9.3
30.73
ROA % -7.08
FSLR's ROA % is ranked lower than
81% of the 856 Companies
in the Global Solar industry.

( Industry Median: 2.71 vs. FSLR: -7.08 )
Ranked among companies with meaningful ROA % only.
FSLR' s ROA % Range Over the Past 10 Years
Min: -7.08  Med: 6.81 Max: 23.43
Current: -7.08
-7.08
23.43
ROC (Joel Greenblatt) % -35.15
FSLR's ROC (Joel Greenblatt) % is ranked lower than
88% of the 853 Companies
in the Global Solar industry.

( Industry Median: 9.85 vs. FSLR: -35.15 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
FSLR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.15  Med: 26.46 Max: 71.92
Current: -35.15
-35.15
71.92
3-Year Revenue Growth Rate -6.10
FSLR's 3-Year Revenue Growth Rate is ranked lower than
73% of the 734 Companies
in the Global Solar industry.

( Industry Median: 2.40 vs. FSLR: -6.10 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
FSLR' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: 16.9 Max: 196.4
Current: -6.1
0
196.4
GuruFocus has detected 7 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.
» FSLR's 30-Y Financials

Financials (Next Earnings Date: 2017-11-02 Est.)


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

» Details

Guru Trades

Q2 2016

FSLR Guru Trades in Q2 2016

Caxton Associates 15,000 sh (New)
Steven Cohen 40,000 sh (New)
Paul Tudor Jones 22,737 sh (+125.12%)
Joel Greenblatt 156,740 sh (+41.78%)
Pioneer Investments 538,259 sh (+5.43%)
Steven Cohen 50,000 sh (unchged)
Jim Simons Sold Out
Louis Moore Bacon Sold Out
John Hussman 125,000 sh (-37.50%)
» More
Q3 2016

FSLR Guru Trades in Q3 2016

Pioneer Investments 1,092,367 sh (+102.94%)
Steven Cohen Sold Out
Caxton Associates Sold Out
Joel Greenblatt Sold Out
John Hussman 100,000 sh (-20.00%)
Paul Tudor Jones 12,400 sh (-45.46%)
» More
Q4 2016

FSLR Guru Trades in Q4 2016

Jeremy Grantham 31,700 sh (New)
Pioneer Investments 1,101,992 sh (+0.88%)
John Hussman Sold Out
Paul Tudor Jones 9,700 sh (-21.77%)
» More
Q1 2017

FSLR Guru Trades in Q1 2017

Jeremy Grantham 32,800 sh (+3.47%)
Paul Tudor Jones Sold Out
Pioneer Investments 1,101,184 sh (-0.07%)
» 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%)

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Business Description

Industry: Semiconductors » Solar    NAICS: 334413    SIC: 3674
Compare:NAS:SPWR, NAS:RUN, NYSE:VSLR, NAS:SUNW, OTCPK:QTMM, OTCPK:OPVS, OTCPK:FFLO, OTCPK:EVSI, OTCPK:HYSR, NAS:RGSE, OTCPK:BSRC, OTCPK:SSOL, OTCPK:ABCE, OTCPK:LIBE » details
Traded in other countries:FSLR.Argentina, F3A.Germany, FSLR.Mexico, FSLR.Switzerland, 0R06.UK,
Headquarter Location:USA
First Solar Inc is a provider of solar energy solutions. It designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. It also manufactures crystalline silicon solar modules.

First Solar manufactures solar modules and develops turnkey solar systems. The company's solar modules use cadmium telluride, or CdTe, to convert sunlight into electricity. This is commonly called thin-film technology. It has production lines in Malaysia and Ohio. Through 2016, it has sold 17 gigawatts worldwide and expects to sell about 3 GW annually. Early on, the company used acquisitions to bolster its project capabilities and demand pipeline.

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Ratios

vs
industry
vs
history
Forward PE Ratio 178.57
FSLR's Forward PE Ratio is ranked lower than
96% of the 111 Companies
in the Global Solar industry.

( Industry Median: 18.83 vs. FSLR: 178.57 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 0.90
FSLR's PB Ratio is ranked higher than
89% of the 825 Companies
in the Global Solar industry.

( Industry Median: 1.88 vs. FSLR: 0.90 )
Ranked among companies with meaningful PB Ratio only.
FSLR' s PB Ratio Range Over the Past 10 Years
Min: 0.3  Med: 1.36 Max: 21.54
Current: 0.9
0.3
21.54
PS Ratio 1.57
FSLR's PS Ratio is ranked higher than
62% of the 832 Companies
in the Global Solar industry.

( Industry Median: 1.75 vs. FSLR: 1.57 )
Ranked among companies with meaningful PS Ratio only.
FSLR' s PS Ratio Range Over the Past 10 Years
Min: 0.33  Med: 1.96 Max: 51.02
Current: 1.57
0.33
51.02
Price-to-Free-Cash-Flow 13.16
FSLR's Price-to-Free-Cash-Flow is ranked higher than
74% of the 389 Companies
in the Global Solar industry.

( Industry Median: 21.26 vs. FSLR: 13.16 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
FSLR' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.27  Med: 24.28 Max: 4277.37
Current: 13.16
4.27
4277.37
Price-to-Operating-Cash-Flow 7.26
FSLR's Price-to-Operating-Cash-Flow is ranked higher than
80% of the 483 Companies
in the Global Solar industry.

( Industry Median: 13.89 vs. FSLR: 7.26 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
FSLR' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 1.65  Med: 16.65 Max: 344.12
Current: 7.26
1.65
344.12
EV-to-EBIT -4.03
FSLR's EV-to-EBIT is ranked lower than
99.99% of the 583 Companies
in the Global Solar industry.

( Industry Median: 18.38 vs. FSLR: -4.03 )
Ranked among companies with meaningful EV-to-EBIT only.
FSLR' s EV-to-EBIT Range Over the Past 10 Years
Min: -97.5  Med: 13.05 Max: 243.4
Current: -4.03
-97.5
243.4
EV-to-EBITDA -5.98
FSLR's EV-to-EBITDA is ranked lower than
99.99% of the 647 Companies
in the Global Solar industry.

( Industry Median: 13.38 vs. FSLR: -5.98 )
Ranked among companies with meaningful EV-to-EBITDA only.
FSLR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.9  Med: 9.9 Max: 171.6
Current: -5.98
-9.9
171.6
Shiller PE Ratio 13.83
FSLR's Shiller PE Ratio is ranked higher than
91% of the 139 Companies
in the Global Solar industry.

( Industry Median: 44.47 vs. FSLR: 13.83 )
Ranked among companies with meaningful Shiller PE Ratio only.
FSLR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.43  Med: 16.73 Max: 28.11
Current: 13.83
7.43
28.11
Current Ratio 6.32
FSLR's Current Ratio is ranked higher than
87% of the 850 Companies
in the Global Solar industry.

( Industry Median: 2.39 vs. FSLR: 6.32 )
Ranked among companies with meaningful Current Ratio only.
FSLR' s Current Ratio Range Over the Past 10 Years
Min: 0.78  Med: 3.23 Max: 7.46
Current: 6.32
0.78
7.46
Quick Ratio 5.50
FSLR's Quick Ratio is ranked higher than
87% of the 849 Companies
in the Global Solar industry.

( Industry Median: 1.84 vs. FSLR: 5.50 )
Ranked among companies with meaningful Quick Ratio only.
FSLR' s Quick Ratio Range Over the Past 10 Years
Min: 0.58  Med: 2.69 Max: 7.14
Current: 5.5
0.58
7.14
Days Inventory 58.92
FSLR's Days Inventory is ranked higher than
66% of the 816 Companies
in the Global Solar industry.

( Industry Median: 78.87 vs. FSLR: 58.92 )
Ranked among companies with meaningful Days Inventory only.
FSLR' s Days Inventory Range Over the Past 10 Years
Min: 40.98  Med: 60.58 Max: 68.78
Current: 58.92
40.98
68.78
Days Sales Outstanding 27.02
FSLR's Days Sales Outstanding is ranked higher than
88% of the 771 Companies
in the Global Solar industry.

( Industry Median: 61.39 vs. FSLR: 27.02 )
Ranked among companies with meaningful Days Sales Outstanding only.
FSLR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.16  Med: 41.89 Max: 111.36
Current: 27.02
13.16
111.36
Days Payable 21.20
FSLR's Days Payable is ranked lower than
85% of the 751 Companies
in the Global Solar industry.

( Industry Median: 52.14 vs. FSLR: 21.20 )
Ranked among companies with meaningful Days Payable only.
FSLR' s Days Payable Range Over the Past 10 Years
Min: 21.2  Med: 33.22 Max: 50.81
Current: 21.2
21.2
50.81

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -1.50
FSLR's 3-Year Average Share Buyback Ratio is ranked higher than
60% of the 573 Companies
in the Global Solar industry.

( Industry Median: -3.30 vs. FSLR: -1.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FSLR' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -26.2  Med: -5 Max: 0
Current: -1.5
-26.2
0

Valuation & Return

vs
industry
vs
history
Price-to-Net-Cash 4.40
FSLR's Price-to-Net-Cash is ranked higher than
78% of the 279 Companies
in the Global Solar industry.

( Industry Median: 9.49 vs. FSLR: 4.40 )
Ranked among companies with meaningful Price-to-Net-Cash only.
FSLR' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.64  Med: 57.82 Max: 1446
Current: 4.4
2.64
1446
Price-to-Net-Current-Asset-Value 2.42
FSLR's Price-to-Net-Current-Asset-Value is ranked higher than
80% of the 574 Companies
in the Global Solar industry.

( Industry Median: 4.56 vs. FSLR: 2.42 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FSLR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.45  Med: 8.6 Max: 52.77
Current: 2.42
1.45
52.77
Price-to-Tangible-Book 0.92
FSLR's Price-to-Tangible-Book is ranked higher than
89% of the 796 Companies
in the Global Solar industry.

( Industry Median: 2.05 vs. FSLR: 0.92 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FSLR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4  Med: 1.56 Max: 19.73
Current: 0.92
0.4
19.73
Price-to-Intrinsic-Value-Projected-FCF 0.90
FSLR's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
82% of the 484 Companies
in the Global Solar industry.

( Industry Median: 9999.00 vs. FSLR: 0.90 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
FSLR' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.54  Med: 1.4 Max: 8.58
Current: 0.9
0.54
8.58
Price-to-Median-PS-Value 0.80
FSLR's Price-to-Median-PS-Value is ranked higher than
85% of the 805 Companies
in the Global Solar industry.

( Industry Median: 1.16 vs. FSLR: 0.80 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FSLR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.21  Med: 1.05 Max: 21.41
Current: 0.8
0.21
21.41
Earnings Yield (Greenblatt) % -24.81
FSLR's Earnings Yield (Greenblatt) % is ranked lower than
96% of the 852 Companies
in the Global Solar industry.

( Industry Median: 3.30 vs. FSLR: -24.81 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FSLR' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -100.1  Med: 5.9 Max: 30.7
Current: -24.81
-100.1
30.7
Forward Rate of Return (Yacktman) % 67.84
FSLR's Forward Rate of Return (Yacktman) % is ranked higher than
98% of the 381 Companies
in the Global Solar industry.

( Industry Median: 7.27 vs. FSLR: 67.84 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
FSLR' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -1.7  Med: 1.1 Max: 130.4
Current: 67.84
-1.7
130.4

More Statistics

Revenue (TTM) (Mil) $2,994.64
EPS (TTM) $ -5.07
Beta1.29
Short Percentage of Float21.97%
52-Week Range $25.56 - 49.50
Shares Outstanding (Mil)99.51

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 2,951 2,235 2,143
EPS ($) 0.32 0.64 0.93
EPS without NRI ($) 0.32 0.64 0.93
EPS Growth Rate
(Future 3Y To 5Y Estimate)
-10.52%
Dividends per Share ($)
» More Articles for FSLR

Headlines

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