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The historical rank and industry rank for Canadian Solar's Net Cash per Share or its related term are showing as below:
CSIQ's Price-to-Net-Cash is not ranked *
in the Semiconductors industry.
Industry Median: 15.25 * Ranked among companies with meaningful Price-to-Net-Cash only.
Canadian Solar (NAS:CSIQ) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Canadian Solar Net Cash per Share Related Terms
Canadian Solar Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Canadian Solar's Net Cash per Share 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.
CSIQ vs ARRY, JKS, SHLS: Net Cash per Share Comparison
For the Solar subindustry, Canadian Solar's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Canadian Solar Price-to-Net-Cash vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Canadian Solar's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Canadian Solar's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Canadian Solar's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Canadian Solar (CSIQ) has a Net Cash per Share of $-165.89 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Canadian Solar and its competitors. According to the industry distribution chart, Canadian Solar ranks #999999 out of 362 companies in the Semiconductors industry.
Is Canadian Solar's Net Cash per Share too high?
Canadian Solar's current Net Cash per Share is $-165.89. Based on the distribution chart, Canadian Solar ranks #999999 out of 362 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Canadian Solar has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Net Cash per Share compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #999999 out of 362 companies for Net Cash per Share. This places Canadian Solar in the lower half of its industry. The industry median Net Cash per Share is 15.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Semiconductors company?
The median Net Cash per Share among Semiconductors companies is 15.25, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Net Cash per Share is 15.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Net Cash per Share is $-165.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.77, compared to a current price of $15.14 — trading 2.5% above its estimated fair value. The current Net Cash per Share is $-165.89. Canadian Solar's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current Net Cash per Share is $-165.89 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 Canadian Solar (CSIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued.
The current stock price of $15.14 is trading 2.5% above its estimated GF Value™ of $14.77.
GuruFocus considers Canadian Solar to be Fairly Valued.
Key valuation signals for CSIQ:
Net Cash per Share: $-165.89
GF Value™: $14.77 vs. price of $15.14 (2.5% above fair value)
No single metric tells the full story. See the CSIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
80GF Score
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