First Solar Inc logo

First Solar Inc

NEW
LTS:0R06 (USA)   Ordinary Shares
$ 213 +8.69 (+4.25%) Jul 31
16.63
P/B:
2.20
Market Cap:
$ 22.68B
Enterprise V:
$ 21.15B
Volume:
7.55K
Avg Vol (2M):
2.72K
Trade In:
Volume:
7.55K
Avg Vol (2M):
2.72K

First Solar Inc’s share price is $213. Its GF Value is $183.71. Based on the relationship between the current stock price and the GF Value, GuruFocus believes First Solar Inc stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: $213 GF Value Price/GF Value
Current $183.71 1.16
Next FY1 End $25.07 8.50
Next 12 Month $27.91 7.63
Next FY2 End $29.33 7.26
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing First Solar Inc's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The analysis reveals the strongest correlation between First Solar Inc's stock price and Operating Cash Flow per share, with a coefficient of 74%. This is followed by a 65% correlation with Revenue per share. First Solar Inc’s stock price shows no significant correlation with Earnings without NRI per share. First Solar Inc’s stock price shows no significant correlation with Book Value per share.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies