NAS:CSIQ (Canada) Also trade in: Germany Switzerland UK

Canadian Solar Inc

$ 21.28 -0.33 (-1.53%)
Volume: 392,557 Avg Vol (1m): 790,326
Market Cap $: 1.27 Bil Enterprise Value $: 3.22 Bil
P/E (TTM): 5.54 P/B: 1.04
Earnings Power Value 0
Net Current Asset Value -12.72
Tangible Book 20.43
Projected FCF 16.61
Median P/S Value 15.61
Graham Number 36.32
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 4/10

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.
Current vs industry vs history
Cash-to-Debt 0.16
Cash-To-Debt ranked lower than
84.94% of 850 companies
in the Solar industry.
Industry Max: 134198.38, Med: 1.69, Min: 0.01
CSIQ: 0.16
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.11, Med: 0.29, Max: 10000
Current: 0.16
0.11
10000
Equity-to-Asset 0.24
Equity-to-Asset ranked lower than
93.64% of 849 companies
in the Solar industry.
Industry Max: 0.99, Med: 0.6, Min: -144.78
CSIQ: 0.24
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.12, Med: 0.23, Max: 0.87
Current: 0.24
0.12
0.87
Debt-to-Equity 1.85
Debt-to-Equity ranked lower than
97.00% of 634 companies
in the Solar industry.
Industry Max: 52.79, Med: 0.35, Min: 0.01
CSIQ: 1.85
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.03, Med: 1.84, Max: 4.49
Current: 1.85
0.03
4.49
Debt-to-EBITDA 7.07
Debt-to-EBITDA ranked lower than
86.58% of 559 companies
in the Solar industry.
Industry Max: 719.68, Med: 1.73, Min: 0.01
CSIQ: 7.07
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: -20.41, Med: 6.72, Max: 37.62
Current: 7.07
-20.41
37.62
Interest Coverage 2.64
Interest Coverage ranked lower than
89.15% of 682 companies
in the Solar industry.
Industry Max: 23435816, Med: 57.83, Min: 0.03
CSIQ: 2.64
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 0.16, Med: 2.83, Max: 7.52
Current: 2.64
0.16
7.52
Piotroski F-Score 5
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 1.14
DISTRESS
GREY
SAFE
WACC vs ROIC %
ROIC 6.75%
WACC 5.87%

Profitability & Growth : 7/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 9.25
Operating Margin ranked higher than
55.36% of 849 companies
in the Solar industry.
Industry Max: 62.46, Med: 6.76, Min: -12852.08
CSIQ: 9.25
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: -11.01, Med: 6.96, Max: 12.42
Current: 9.25
-11.01
12.42
Net Margin % 6.29
Net Margin ranked lower than
55.01% of 849 companies
in the Solar industry.
Industry Max: 375.73, Med: 5.25, Min: -12663.54
CSIQ: 6.29
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -15.1, Med: 3.16, Max: 8.09
Current: 6.29
-15.1
8.09
ROE % 15.26
ROE ranked higher than
76.62% of 834 companies
in the Solar industry.
Industry Max: 148.76, Med: 7.07, Min: -363.7
CSIQ: 15.26
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -51.65, Med: 9.7, Max: 43.26
Current: 15.26
-51.65
43.26
ROA % 3.44
ROA ranked lower than
55.78% of 857 companies
in the Solar industry.
Industry Max: 71.13, Med: 3.71, Min: -7193.56
CSIQ: 3.44
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -9.44, Med: 2.29, Max: 8.67
Current: 3.44
-9.44
8.67
ROC (Joel Greenblatt) % 14.59
ROC (Joel Greenblatt) ranked higher than
54.62% of 855 companies
in the Solar industry.
Industry Max: 1373.98, Med: 12.25, Min: -119396.55
CSIQ: 14.59
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: -12.45, Med: 9.23, Max: 28.4
Current: 14.59
-12.45
28.4
3-Year Total Revenue Growth Rate 2.60
3-Year Revenue Growth Rate ranked lower than
51.00% of 800 companies
in the Solar industry.
Industry Max: 244.1, Med: 3.7, Min: -100
CSIQ: 1.6
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -1.4, Med: 24.8, Max: 165.9
Current: 1.6
-1.4
165.9
3-Year Total EBITDA Growth Rate 12.80
3-Year EBITDA Growth Rate ranked lower than
74.48% of 678 companies
in the Solar industry.
Industry Max: 264, Med: 8.4, Min: -264.7
CSIQ: 11.7
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: 0, Med: 7.9, Max: 134
Current: 11.7
0
134
3-Year EPS w/o NRI Growth Rate 9.80
3-Year EPS w/o NRI Growth Rate ranked lower than
85.95% of 605 companies
in the Solar industry.
Industry Max: 321.7, Med: 9.7, Min: -123.1
CSIQ: 9.8
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 84.2
Current: 9.8
0
84.2

» CSIQ's 30-Y Financials

Financials (Next Earnings Date: 2019-08-14)

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Business Description

Industry Semiconductors » Solar    NAICS : 334413    SIC : 3352
Compare HKSE:01799 NAS:SPWR XTER:S92 SZSE:002531 NAS:HQCL NYSE:VSLR SHSE:603105 TPE:3576 SHSE:600401 SHSE:601126 NYSE:JKS SHSE:600163 HKSE:00686 XMAD:SLR SZSE:300125 SZSE:002218 SZSE:300393 SZSE:300111 XKRX:067630 SHSE:603366
Traded in other countries L5A.Germany 0QY7.UK
Address 545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments i.e. Module segment and Energy segment. The Module segment involves the design, development, manufacturing, and sale of solar power products, including standard solar modules and specialty solar products. The Energy segment consists of solar power project development and sale and EPC and development services. The company's products include standard solar modules and specialty solar products which are sold under Canadian Solar brand name. Most of the revenue is earned from Canada.

Ratios

Current vs industry vs history
PE Ratio (TTM) 5.54
PE Ratio ranked higher than
95.31% of 618 companies
in the Solar industry.
Industry Max: 2355, Med: 19.55, Min: 0.06
CSIQ: 5.54
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 2.71, Med: 8.78, Max: 144.09
Current: 5.54
2.71
144.09
PE Ratio without NRI 5.54
PE without NRI ranked higher than
95.96% of 619 companies
in the Solar industry.
Industry Max: 2355, Med: 20.06, Min: 1.71
CSIQ: 5.54
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 2.71, Med: 8.78, Max: 144.09
Current: 5.54
2.71
144.09
PB Ratio 1.04
PB Ratio ranked higher than
89.41% of 831 companies
in the Solar industry.
Industry Max: 630, Med: 1.85, Min: 0.01
CSIQ: 1.04
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.19, Med: 1.02, Max: 5.47
Current: 1.04
0.19
5.47
PS Ratio 0.47
PS Ratio ranked higher than
95.43% of 832 companies
in the Solar industry.
Industry Max: 716.25, Med: 1.67, Min: 0.01
CSIQ: 0.47
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.05, Med: 0.34, Max: 2.21
Current: 0.47
0.05
2.21
EV-to-EBIT 7.97
EV-to-EBIT ranked higher than
76.95% of 629 companies
in the Solar industry.
Industry Max: 6469.2, Med: 15.37, Min: 0.1
CSIQ: 7.97
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: -153.2, Med: 10, Max: 53
Current: 7.97
-153.2
53
EV-to-EBITDA 7.97
EV-to-EBITDA ranked higher than
63.88% of 681 companies
in the Solar industry.
Industry Max: 5829.7, Med: 11.43, Min: 0.04
CSIQ: 7.97
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: -188.6, Med: 9.5, Max: 53
Current: 7.97
-188.6
53
EV-to-Revenue 0.86
EV-to-Revenue ranked higher than
81.85% of 843 companies
in the Solar industry.
Industry Max: 617.02, Med: 1.73, Min: 0.02
CSIQ: 0.86
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.2, Med: 0.9, Max: 2.6
Current: 0.86
0.2
2.6
PEG Ratio 0.82
PEG Ratio ranked lower than
100.00% of 281 companies
in the Solar industry.
Industry Max: 112, Med: 1.33, Min: 0.08
CSIQ: 0.82
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0, Med: 0.1, Max: 10034.1
Current: 0.82
0
10034.1
Shiller PE Ratio 22.73
Shiller PE Ratio ranked higher than
66.09% of 174 companies
in the Solar industry.
Industry Max: 1543.34, Med: 38.89, Min: 0.45
CSIQ: 22.73
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 15.23, Med: 38.64, Max: 1942.5
Current: 22.73
15.23
1942.5
Current Ratio 1.01
Current Ratio ranked lower than
90.16% of 854 companies
in the Solar industry.
Industry Max: 385.25, Med: 2.2, Min: 0.01
CSIQ: 1.01
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.81, Med: 1.12, Max: 7.38
Current: 1.01
0.81
7.38
Quick Ratio 0.88
Quick Ratio ranked lower than
82.08% of 854 companies
in the Solar industry.
Industry Max: 385.25, Med: 1.7, Min: 0.01
CSIQ: 0.88
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.68, Med: 0.9, Max: 4.87
Current: 0.88
0.68
4.87
Days Inventory 60.77
Days Inventory ranked higher than
82.28% of 824 companies
in the Solar industry.
Industry Max: 774.11, Med: 80.81, Min: 0.79
CSIQ: 60.77
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 37.37, Med: 55.67, Max: 86.52
Current: 60.77
37.37
86.52
Days Sales Outstanding 50.59
Days Sales Outstanding ranked higher than
85.93% of 846 companies
in the Solar industry.
Industry Max: 891.01, Med: 64.56, Min: 0.01
CSIQ: 50.59
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 38.55, Med: 49.89, Max: 87.67
Current: 50.59
38.55
87.67
Days Payable 87.06
Days Payable ranked higher than
82.51% of 829 companies
in the Solar industry.
Industry Max: 886.5, Med: 54.95, Min: 0.05
CSIQ: 87.06
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 32.68, Med: 62.13, Max: 87.06
Current: 87.06
32.68
87.06

Dividend & Buy Back

Current vs industry vs history
3-Year Share Buyback Rate -3.60
3-Year Share Buyback Rate ranked higher than
55.42% of 637 companies
in the Solar industry.
Industry Max: 47.6, Med: -3, Min: -2026.1
CSIQ: -3.6
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -20.9, Med: -7.5, Max: -0.1
Current: -3.6
-20.9
-0.1

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 1.05
Price-to-Tangible-Book ranked higher than
90.66% of 803 companies
in the Solar industry.
Industry Max: 630, Med: 2.03, Min: 0.01
CSIQ: 1.05
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.25, Med: 1.17, Max: 6.09
Current: 1.05
0.25
6.09
Price-to-Projected-FCF 1.29
Price-to-Intrinsic-Value-Projected-FCF ranked higher than
70.78% of 510 companies
in the Solar industry.
Industry Max: 9068.18, Med: 1.49, Min: 0.14
CSIQ: 1.29
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.31, Med: 1.28, Max: 5.09
Current: 1.29
0.31
5.09
Price-to-Median-PS-Value 1.38
Price-to-Median-PS-Value ranked higher than
88.06% of 804 companies
in the Solar industry.
Industry Max: 9.57, Med: 1.08, Min: 0.01
CSIQ: 1.38
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.18, Med: 1.07, Max: 8.96
Current: 1.38
0.18
8.96
Price-to-Graham-Number 0.59
Price-to-Graham-Number ranked higher than
97.19% of 570 companies
in the Solar industry.
Industry Max: 105.23, Med: 1.42, Min: 0.14
CSIQ: 0.59
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.35, Med: 0.82, Max: 3.1
Current: 0.59
0.35
3.1
Earnings Yield (Joel Greenblatt) % 12.56
Earnings Yield (Greenblatt) ranked higher than
83.06% of 856 companies
in the Solar industry.
Industry Max: 1000, Med: 4.19, Min: -714.29
CSIQ: 12.56
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: -65.4, Med: 4.4, Max: 19.4
Current: 12.56
-65.4
19.4
Forward Rate of Return (Yacktman) % -2.75
Forward Rate of Return ranked lower than
100.00% of 422 companies
in the Solar industry.
Industry Max: 26004.39, Med: 9.98, Min: -105.27
CSIQ: -2.75
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -188.3, Med: -19.3, Max: -1
Current: -2.75
-188.3
-1

More Statistics

Revenue (TTM) (Mil) $ 3,744.51
EPS (TTM) $ 3.88
Beta 1.67
Volatility % 71.68
52-Week Range $ 11.37 - 25.89
Shares Outstanding (Mil) 59.26

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 5
Positive ROA Y
Positive CFROA N
Higher ROA yoy Y
CFROA > ROA N
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy Y
Higher Gross Margin yoy Y
Higher Asset Turnover yoy N