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First Solar (WBO:FSLR) EV-to-EBIT

: 19.75 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Solar's Enterprise Value is €16,525 Mil. First Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €837 Mil. Therefore, First Solar's EV-to-EBIT for today is 19.75.

The historical rank and industry rank for First Solar's EV-to-EBIT or its related term are showing as below:

WBO:FSLR' s EV-to-EBIT Range Over the Past 10 Years
Min: -260.13   Med: 13.49   Max: 968.21
Current: 19.41

During the past 13 years, the highest EV-to-EBIT of First Solar was 968.21. The lowest was -260.13. And the median was 13.49.

WBO:FSLR's EV-to-EBIT is ranked better than
58.11% of 666 companies
in the Semiconductors industry
Industry Median: 23.405 vs WBO:FSLR: 19.41

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Solar's Enterprise Value for the quarter that ended in Dec. 2023 was €15,405 Mil. First Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €837 Mil. First Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.43%.


First Solar EV-to-EBIT Historical Data

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.

* Premium members only.

First Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -46.55 29.06 13.40 654.33 18.72

First Solar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 654.33 182.11 115.16 30.92 18.72

Competitive Comparison

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 Distribution

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 EV-to-EBIT Calculation

First Solar's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16525.396/836.844
=19.75

First Solar's current Enterprise Value is €16,525 Mil.
First Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €837 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  (WBO:FSLR) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

First Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=836.844/15404.60342
=5.43 %

First Solar's Enterprise Value for the quarter that ended in Dec. 2023 was €15,405 Mil.
First Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €837 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

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First Solar (WBO:FSLR) Business Description

Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281
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.

First Solar (WBO:FSLR) Headlines

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