First Solar, Inc.

First Solar provides PV solar energy solutions worldwide. They manufacture thin film semiconductor modules offering a lower-carbon alternative. The company designs and sells cadmium telluride solar modules. Residual business includes project development, operations & maintenance, and system sales to third-party customers. First Solar serves developers, utilities, and commercial/industrial companies. Founded in 1999 and headquartered in Arizona.

Overview

Sector

Solar

Target Price

88.2 USD

Current Price

219.3 USD

Potential

-60%

Strengths

Current Price to Earnings Ratio (14.92) is lower than the sector mean (89.14).
The company has low debt. Net Debt to EBITDA Ratio is -0.53 and it is lower than the sector mean.
EV/EBITDA (9.65) is lower than the sector mean (79.76).
Strong EBITDA Margin of 45.00%.

Weaknesses

With a depreciation Potential of -51.04%, based on our fundamental analysis, it suggests the stock may be overvalued.
The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.

Key Financial Data

Indicator	Value
PER	18.2
EV/EBITDA	11.9
Price/Free Cash Flow'	100.0
ROIC	14.2%
Net Debt/EBITDA	-0.5