During the past 12 months, FTC Solar's average Book Value per Share Growth Rate was -59.80% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 76.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 5 years, the highest 3-Year average Book Value per Share Growth Rate of FTC Solar was 76.40% per year. The lowest was 76.40% per year. And the median was 76.40% per year.
Competitive Comparison of FTC Solar's 3-Year Book Growth Rate
For the Solar subindustry, FTC Solar's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FTC Solar's 3-Year Book Growth Rate Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where FTC Solar's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
FTC Solar (NAS:FTCI) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
FTC Solar 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of FTC Solar's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
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