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
Strengths
- Current Price to Earnings Ratio (13.38) is lower than the sector mean (89.14).
- Price to book ratio (2.14) is lower than the sector mean (2.79).
- The company has low debt. Net Debt to EBITDA Ratio is -1.05 and it is lower than the sector mean.
- The company has high returns. ROIC (20.50%) is higher than the sector mean (13.16%).
- EV/EBITDA (8.28) is lower than the sector mean (79.76).
- Price to free cash flow (17.23) is lower than the sector mean.
- Strong EBITDA Margin of 42.01%.
Weaknesses
- With a depreciation Potential of -30.85%, based on our fundamental analysis, it suggests the stock may be overvalued.
Key Financial Data