First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

Financial Strength

9/10

Name	Current	Vs Industry
Cash-To-Debt	3.35
Equity-to-Asset	0.66
Debt-to-Equity	0.09
Debt-to-EBITDA	0.67
Interest Coverage	49.68
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	4.18	Distress Grey Safe
Beneish M-Score	-1.81	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

3/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	-5.5
	3-Year EBITDA Growth Rate	36.7
	3-Year FCF Growth Rate	60.7
	3-Year Book Growth Rate	4.2
	Future 3-5Y Total Revenue Growth Rate	16.21

Momentum Rank

9/10

	Name	Current	Vs Industry		Vs History

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	3.19
	Quick Ratio	2.3
	Cash Ratio	1.52
	Days Inventory	149.01
	Days Sales Outstanding	53.86
	Days Payable	37.15

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-0.4
	Shareholder Yield %	-0.41

Profitability Rank

6/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	27.17
	Operating Margin %	14.19
	Net Margin %	14.99
	FCF Margin %	-16.77
	ROE %	7.93
	ROA %	5.53
	ROIC %	7.2
	ROC (Joel Greenblatt) %	12.02
	ROCE %	6.88
	Years of Profitability over Past 10-Year	6

GF Value Rank

1/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	32.62
	Forward PE Ratio	10.88
	PE Ratio without NRI	29.79
	Shiller PE Ratio	72.09
	Price-to-Owner-Earnings	45.04
	PEG Ratio	2.44
	PS Ratio	4.88
	PB Ratio	2.44
	Price-to-Tangible-Book	2.48
	Price-to-Operating-Cash-Flow	18.39
	EV-to-EBIT	27.56
	EV-to-EBITDA	17.68
	EV-to-Revenue	4.51
	EV-to-FCF	-26.63
	Price-to-Projected-FCF	13.47
	Price-to-Median-PS-Value	2.17
	Price-to-Peter-Lynch-Fair-Value	1.19
	Price-to-Graham-Number	1.81
	Price-to-Net-Current-Asset-Value	28.29
	Earnings Yield (Greenblatt) %	3.63
	FCF Yield %	-3.41
	Forward Rate of Return (Yacktman) %	16.3

Financials (Next Earnings Date:2024-02-28 Est.)

Annual Quarterly TTM

LTS:0R06's 30-Y Financials

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

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5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014

First Solar Inc Executives

Details

GF Value: $77.47

LTS:0R06

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with 0R06. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	3,162.44
	EPS (TTM) ($)	4.42
	Beta	0.04
	Volatility %	0
	14-Day RSI	0
	14-Day ATR ($)	0
	20-Day SMA ($)	101.55
	12-1 Month Momentum %	0
	52-Week Range ($)	101.55 - 101.55
	Shares Outstanding (Mil)	106.84

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

First Solar Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

First Solar Inc Stock Events

	Event	Date	Price($)
No Event Data

First Solar Inc Frequently Asked Questions

What is First Solar Inc(LTS:0R06)'s stock price today?

The current price of LTS:0R06 is $101.55. The 52 week high of LTS:0R06 is $101.55 and 52 week low is $101.55.

When is next earnings date of First Solar Inc(LTS:0R06)?

The next earnings date of First Solar Inc(LTS:0R06) is 2024-02-28 Est..

Does First Solar Inc(LTS:0R06) pay dividends? If so, how much?

First Solar Inc(LTS:0R06) does not pay dividend.

Press Release

	Subject	Date
No Press Release

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