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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FTC SolarFTCI +0.38%53 Debt-to-Equity is -3.81 as of Mar. 2026. GuruFocus rates FTCI with a GF Score™ of 53/100 and a GF Value™ of $5.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 905 Semiconductors companies, FTC Solar ranks worse than 110497.13% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for FTC Solar's Debt-to-Equity or its related term are showing as below:
FTCI'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.81 Med: 0.03 Max: 1.31
Current: -3.81
During the past 7 years, the highest Debt-to-Equity Ratio of FTC Solar was 1.31. The lowest was -3.81. And the median was 0.03.
FTCI's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.26
vs FTCI: -3.81
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
FTC Solar Debt-to-Equity Related Terms
FTC Solar Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for FTC Solar's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FTCI vs SPRU, ASTI, BEEM: Debt-to-Equity Comparison
For the Solar subindustry, FTC Solar's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where FTC Solar's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FTC Solar (FTCI) has a Debt-to-Equity of -3.81 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FTC Solar and its competitors. According to the industry distribution chart, FTC Solar ranks #999999 out of 905 companies in the Semiconductors industry.
Is FTC Solar's Debt-to-Equity too high?
FTC Solar's current Debt-to-Equity is -3.81. Based on the distribution chart, FTC Solar ranks #999999 out of 905 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, FTC Solar has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Debt-to-Equity compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, FTC Solar ranks #999999 out of 905 companies for Debt-to-Equity. This places FTC Solar in the lower half of its industry. The industry median Debt-to-Equity is 0.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FTC Solar and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current Debt-to-Equity is -3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Possible Value Trap. The stock's GF Value™ is $5.54, compared to a current price of $2.66 — trading 52% below its estimated fair value. The current Debt-to-Equity is -3.81. FTC Solar's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FTC Solar (FTCI), the current Debt-to-Equity is -3.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FTC Solar (FTCI) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of $2.66 is trading 52% below its estimated GF Value™ of $5.54.
GuruFocus considers FTC Solar to be Possible Value Trap.
Key valuation signals for FTCI:
Debt-to-Equity: -3.81
GF Value™: $5.54 vs. price of $2.66 (52% below fair value)
No single metric tells the full story. See the FTCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
53GF Score
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