First Solar Stock Fundamentals
| FSLR Stock | USD 181.95 2.89 1.56% |
First Solar fundamentals help investors to digest information that contributes to First Solar's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Solar stock.
At this time, First Solar's Depreciation And Amortization is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 233.8 M, while Other Operating Expenses is likely to drop slightly above 2 B. First | Select Account or Indicator |
First Solar Company Profit Margin Analysis
First Solar's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current First Solar Profit Margin | 0.32 % |
Most of First Solar's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Solar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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First Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, First Solar has a Profit Margin of 0.3241%. This is 124.93% lower than that of the Semiconductors & Semiconductor Equipment sector and 101.58% lower than that of the Information Technology industry. The profit margin for all United States stocks is 125.52% lower than that of the firm.
First Solar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Solar's current stock value. Our valuation model uses many indicators to compare First Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Solar competition to find correlations between indicators driving First Solar's intrinsic value. More Info.First Solar is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Solar is roughly 2.27 . At this time, First Solar's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Solar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.First Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Solar's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Solar could also be used in its relative valuation, which is a method of valuing First Solar by comparing valuation metrics of similar companies.First Solar is currently under evaluation in profit margin category among its peers.
First Solar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Solar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Solar's managers, analysts, and investors.Environmental | Governance | Social |
First Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.079 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 19.21 B | ||||
| Shares Outstanding | 107.06 M | ||||
| Shares Owned By Insiders | 5.44 % | ||||
| Shares Owned By Institutions | 89.74 % | ||||
| Number Of Shares Shorted | 6.01 M | ||||
| Price To Earning | 35.42 X | ||||
| Price To Book | 2.61 X | ||||
| Price To Sales | 5.14 X | ||||
| Revenue | 3.32 B | ||||
| Gross Profit | 127.66 M | ||||
| EBITDA | 1.19 B | ||||
| Net Income | 830.78 M | ||||
| Cash And Equivalents | 1.85 B | ||||
| Cash Per Share | 17.31 X | ||||
| Total Debt | 624.39 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 4.21 X | ||||
| Book Value Per Share | 70.93 X | ||||
| Cash Flow From Operations | 602.26 M | ||||
| Short Ratio | 2.16 X | ||||
| Earnings Per Share | 11.61 X | ||||
| Price To Earnings To Growth | 0.27 X | ||||
| Target Price | 272.34 | ||||
| Number Of Employees | 6.7 K | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 19.79 B | ||||
| Total Asset | 10.37 B | ||||
| Retained Earnings | 3.97 B | ||||
| Working Capital | 3.33 B | ||||
| Current Asset | 3.35 B | ||||
| Current Liabilities | 960.8 M | ||||
| Net Asset | 10.37 B |
About First Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 413.6 M | 215.6 M | |
| Cost Of Revenue | 2 B | 1.7 B | |
| Total Revenue | 3.3 B | 2.3 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.04 | |
| Capex To Revenue | 0.42 | 0.34 | |
| Revenue Per Share | 31.07 | 17.20 | |
| Ebit Per Revenue | 0.26 | 0.27 |
Pair Trading with First Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Solar will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
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| 0.31 | ZD | Ziff Davis | PairCorr |
The ability to find closely correlated positions to First Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Solar to buy it.
The correlation of First Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.