FTC SolarFRA:6YK0 59 Net Margin % is 188.82% as of Mar. 2026. GuruFocus rates FRA:6YK0 with a GF Score™ of 59/100 and a GF Value™ of €4.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,020 Semiconductors companies, FTC Solar ranks worse than 90.88% on this metric.
Net margin is calculated as Net Income divided by its Revenue. FTC Solar's Net Income for the
three
months ended in Mar. 2026 was €28.20 Mil. FTC Solar's Revenue for the
three
months ended in Mar. 2026 was €14.93 Mil. Therefore, FTC Solar's net margin for the quarter that ended in Mar. 2026 was 188.82%.
The historical rank and industry rank for FTC Solar's Net Margin % or its related term are showing as below:
FRA:6YK0'
s Net Margin % Range Over the Past 10 Years
Min: -102.64 Med: -39.6 Max: -8.5
Current: -44.89
FRA:6YK0's Net Margin % is ranked worse than 90.88% of 1020
companies
in the Semiconductors industry
Industry Median: 4.25
vs FRA:6YK0: -44.89
FTC Solar (FRA:6YK0) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
FTC Solar Net Margin % Related Terms
FTC Solar Net Margin % Historical Data
* Premium members only.
The historical data trend for FTC Solar's Net Margin % 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.
FRA:6YK0 vs SPWR, PN, SPRU: Net Margin % Comparison
For the Solar subindustry, FTC Solar's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Net Margin % distribution charts can be found below:
* The bar in red indicates where FTC Solar's Net Margin % 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 (FRA:6YK0) has a Net Margin % of 188.82% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on FTC Solar and its competitors. According to the industry distribution chart, FTC Solar ranks #927 out of 1020 companies in the Semiconductors industry, placing it in the top 90.9%.
Is FTC Solar's Net Margin % too high?
FTC Solar's current Net Margin % is 188.82%. The Semiconductors industry median Net Margin % is 4.25. FTC Solar's value of 188.82% is 4342.8% above this industry median. Based on the distribution chart, FTC Solar ranks #927 out of 1020 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, FTC Solar has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Net Margin % compare to SPWR and PN?
According to the Semiconductors industry distribution chart, FTC Solar ranks #927 out of 1020 companies for Net Margin %. This places FTC Solar in the lower half of its industry. The industry median Net Margin % is 4.25. FTC Solar's value of 188.82% is 4342.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.25, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FTC Solar's current Net Margin % of 188.82% is 4342.8% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on FTC Solar and its competitors. For the Semiconductors industry, the median Net Margin % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current Net Margin % is 188.82%. 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 (FRA:6YK0) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.67, compared to a current price of €4.32 — trading 7.5% below its estimated fair value. The current Net Margin % is 188.82% and 4342.8% above the Semiconductors industry median of 4.25. FTC Solar's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For FTC Solar (FRA:6YK0), the current Net Margin % is 188.82% 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 (FRA:6YK0) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of €4.32 is trading 7.5% below its estimated GF Value™ of €4.67.
GuruFocus considers FTC Solar to be Modestly Undervalued.
Key valuation signals for FRA:6YK0:
Net Margin %: 188.82%
GF Value™: €4.67 vs. price of €4.32 (7.5% below fair value)
Industry Position: 4342.8% above the Semiconductors median (#927 of 1020)
No single metric tells the full story. See the FRA:6YK0 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.
59GF Score
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