Canadian Solar Inc.
Canadian Solar provides solar energy and battery storage solutions globally. The company operates through two segments: CSI Solar and Recurrent Energy. CSI Solar designs and manufactures solar products, offers standard modules and battery storage solutions, and provides EPC services. Recurrent Energy develops, constructs, maintains, and sells solar and battery storage projects. The segment also operates solar power plants and provides O&M services. Canadian Solar has a fleet of operational solar and battery energy storage plants with an aggregate capacity of 1,005 MWp and 600 MWh.
Overview
Strengths
- Price to book ratio (0.28) is lower than the sector mean (2.79).
- EV/EBITDA (8.39) is lower than the sector mean (79.76).
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Analysts expect revenues to decline in the coming year.
- The company has high debt. Net Debt to EBITDA Ratio (7.00) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (0.00%) is significantly lower than the sector mean (13.16%).
- EV/EBIT (85.17) is significantly higher than the sector mean.
- The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.
- EBITDA Margin (9.34%) appears relatively low.
Key Financial Data
| Indicator | Value |
|---|
| PER | 23.6 |
| EV/EBITDA | 8.5 |
| Price/Free Cash Flow' | 100.0 |
| ROIC | -% |
| Net Debt/EBITDA | 7.0 |