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First SolarFRA:F3A +0.31%87 EV-to-EBIT is 12.29 as of Aug. 17, 2026, which is 25% below its 10-year median of 16.40. GuruFocus rates FRA:F3A with a GF Score™ of 87/100 and a GF Value™ of €145.44 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 692 Semiconductors companies, First Solar ranks better than 80.64% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
First Solar's Enterprise Value for the quarter that ended in Jun. 2026 was €21,077 Mil.
First Solar's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,601 Mil.
* 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.
First Solar EV-to-EBIT Related Terms
First Solar EV-to-EBIT Historical Data
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The historical data trend for First Solar's EV-to-EBIT 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.
For the Solar subindustry, First Solar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
First Solar EV-to-EBIT vs Semiconductors Industry
For the Semiconductors industry and Technology sector, First Solar's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where First Solar's EV-to-EBIT falls into.
First Solar's current Enterprise Value is €19,688 Mil.
First Solar's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,601 Mil.
* 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.
First Solar (FRA:F3A) has a EV-to-EBIT of 12.29 as of Aug. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Solar and its competitors. This is 25% below median its historical median of 16.40. According to the industry distribution chart, First Solar ranks #134 out of 692 companies in the Semiconductors industry, placing it in the top 19.4%.
Is First Solar's EV-to-EBIT too high?
First Solar's current EV-to-EBIT of 12.29 is 25% below median its 10-year median of 16.40. The Semiconductors industry median EV-to-EBIT is 33.37. First Solar's value of 12.29 is 63.2% below this industry median. Based on the distribution chart, First Solar ranks #134 out of 692 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, First Solar has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Solar's EV-to-EBIT compare to NXT and ENPH?
According to the Semiconductors industry distribution chart, First Solar ranks #134 out of 692 companies for EV-to-EBIT. This places First Solar in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 33.37. First Solar's value of 12.29 is 63.2% below this benchmark. While the company's 10-year median is 16.40 vs. the industry median of 33.37, First Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 33.37, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Solar's current EV-to-EBIT of 12.29 is 63.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Solar and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 33.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Solar's current EV-to-EBIT is 12.29, which is 25% below median its own 10-year median of 16.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
Based on GuruFocus' analysis, First Solar (FRA:F3A) is currently considered Significantly Overvalued. The stock's GF Value™ is €145.44, compared to a current price of €196.20 — trading 34.9% above its estimated fair value. The current EV-to-EBIT is 12.29, which is 25% below median its 10-year median of 16.40 and 63.2% below the Semiconductors industry median of 33.37. First Solar's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For First Solar (FRA:F3A), the current EV-to-EBIT is 12.29 as of Aug. 17, 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 First Solar (FRA:F3A) Overvalued in 2026?
Based on GuruFocus' analysis, First Solar stock appears to be overvalued.
The current stock price of €196.20 is trading 34.9% above its estimated GF Value™ of €145.44.
GuruFocus considers First Solar to be Significantly Overvalued.
Key valuation signals for FRA:F3A:
EV-to-EBIT: 12.29 (25% below median its 10-year median of 16.40)
GF Value™: €145.44 vs. price of €196.20 (34.9% above fair value)
Industry Position: 63.2% below the Semiconductors median (#134 of 692)
No single metric tells the full story. See the FRA:F3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
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