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FSLR

168.32USD-0.22(-0.13%)Market Closed

First Solar Inc

Market Summary

USD168.32-0.22Market Closed
-0.13%

FSLR Alerts

FSLR Stock Price

RSI Chart

Valuation

Market Cap

14.1B

Price/Earnings

149.27

Price/Sales

5.6

Price/Cashflow

125.58

MarketCap/EBT

77.57

Price/Sales

Profitability

EBT Margin

7.22%

Return on Equity

1.63%

Return on Assets

1.26%

Fundamentals

Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

7.79%

Revenue Q/Q

1.28%

Earnings

Earnings (TTM)

94.8M

Earnings Y/Y

-208.77%

Earnings Q/Q

-188.11%

Price Action

52 Week Range

59.60173.68
(Low)(High)

Last 7 days

-1.8%

Last 30 days

12.2%

Last 90 days

33.2%

Trailing 12 Months

65.0%

Financial Health

Current Ratio

4.09

Investor Care

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

0.87

Peers (Alternatives to First Solar)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
27.66% -47.43%
44.5
11.58
17.68% -27.42%
191.5B
31.7B
18.59% 0.01%
21.45
6.05
19.50% 82.82%
147.4B
20.2B
12.10% -5.63%
16.52
7.3
14.79% 21.94%
120.0B
69.5B
8.71% -38.23%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
27.89% -50.24%
31.98
4.64
53.70% -42.73%
14.1B
2.5B
12.16% 64.95%
149.27
5.6
-3.85% -79.08%
MID-CAP
7.0B
626.2M
41.68% -5.66%
51.67
11.99
30.27% 86.50%
5.1B
6.5B
35.86% 25.19%
7.35
0.78
19.23% 49.17%
3.9B
699.0M
19.09% -20.13%
20.84
5.38
2.60% 25.00%
SMALL-CAP
918.1M
799.0M
7.83% -32.89%
2.03
1.18
15.40% 533.32%
752.7M
1.3B
18.49% -37.02%
11.95
0.64
19.99% 7.15%
687.4M
1.8B
21.36% -42.59%
10.22
0.37
39.00% 721.30%
641.7M
135.3M
-1.64% -39.08%
719.35
4.77
15.85% -646.22%
449.5M
387.0M
-3.37% -47.58%
6.37
1.02
-23.64% -38.86%

Financials for First Solar

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.8%2,5242,4792,4872,9232,625
Gross Profit-28.8%256359557730643
Operating Expenses8.0%317294278290319
  S&GA Expenses1.8%160158155170195
  R&D Expenses3.5%1111081069992
Earnings Before Taxes-37.1%182290253572457
Net Income-49.9%95189216469453
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.0%7,4937,4197,3997,4147,269
  Current Assets-1.3%3,3393,3832,9953,1913,046
    Cash Equivalents-32.1%1,1611,7091,3351,4511,367
  Inventory0.0%811810841666647
  Net PPE4.5%3,1242,9892,7862,6502,506
  Goodwill0%1414141414
Liabilities9.3%1,6641,5241,5241,4541,439
  Current Liabilities1.6%816804735727715
    LT Debt, Current5.5%555437
    LT Debt, Non Current49.5%254170247236241
Shareholder's Equity-1.1%5,8285,8965,8755,9605,830
  Retained Earnings-1.5%3,1483,1973,1413,1843,053
  Additional Paid-In Capital0.2%2,8692,8632,8712,866-
Shares Outstanding0.0%107107107106106
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-61.0%113289378238389
  Share Based Compensation25.1%2722212126
Cashflow From Investing-48.1%-638.27-430.84-373.82-99.04-330.84
Cashflow From Financing47.9%25917578416

Risks

What is the probability of a big loss on FSLR?

92.3%


Probability that First Solar stock will be more than 20% underwater in next one year

74.6%


Probability that First Solar stock will be more than 30% underwater in next one year.

45%


Probability that First Solar stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FSLR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if First Solar was unfortunately bought at previous high price.

Returns

Cumulative Returns on FSLR

19.0%


10-Year Cumulative Returns

15.9%


7-Year Cumulative Returns

22.8%


5-Year Cumulative Returns

45.8%


3-Year Cumulative Returns

What are the long-term rolling returns for FSLR?

FIve years rolling returns for First Solar.

Which funds bought or sold FSLR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
390.46
1,672,000
1,869,000
0.08%
2022-11-23
Eagle Bay Advisors LLC
NEW
-
3,000
3,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,035,000
2,035,000
0.02%
2022-11-21
Bray Capital Advisors
UNCHANGED
-
5,000
11,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2
7,833,000
16,511,000
0.03%
2022-11-18
D L CARLSON INVESTMENT GROUP INC
NEW
-
4,587,000
4,587,000
1.00%
2022-11-17
CENTRAL TRUST Co
REDUCED
-1.42
725,000
1,518,000
0.05%
2022-11-17
M&T Bank Corp
ADDED
1.88
375,000
758,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
1.37
2,253,000
4,581,000
0.03%
2022-11-16
CoreFirst Bank & Trust
UNCHANGED
-
30,000
61,000
0.05%

1–10 of 41

Latest Funds Activity

Are funds buying FSLR calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FSLR

First Solar News

Investor's Business Daily

Market Rally Resilient, But This Battle Continues; What To Do Now | Investor's Business Daily.60 minutes ago

FSLR Fair Value

Recent SEC filings of First Solar

View All Filings
Date Filed Form Type Document
Oct 28, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 17, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading

Latest Insider Trading transactions for FSLR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-17
KENNEDY R CRAIG
SOLD
-75,408
125.68
-600
-
2022-09-30
POST WILLIAM J
ACQUIRED
-
-
303
-
2022-09-30
Chapman Richard D
ACQUIRED
-
-
303
-
2022-09-30
Sweeney Michael T
ACQUIRED
-
-
303
-
2022-09-30
Joseph Molly
ACQUIRED
-
-
303
-
2022-09-30
STEBBINS PAUL H
ACQUIRED
-
-
303
-
2022-09-30
KENNEDY R CRAIG
ACQUIRED
-
-
303
-
2022-09-30
George Anita M.
ACQUIRED
-
-
303
-
2022-09-30
Wright Norman L.
ACQUIRED
-
-
303
-
2022-09-30
Ahearn Michael J
ACQUIRED
-
-
445
-

1–10 of 50

FSLR Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales$ 628,933$ 583,504$ 1,616,928$ 2,016,058
Cost of sales607,951458,9241,607,6831,532,593
Gross profit20,982124,5809,245483,465
Operating expenses:    
Selling, general and administrative46,36843,476121,990131,909
Research and development29,18325,42681,52069,234
Production start-up19,7682,94540,33716,014
Total operating expenses95,31971,847243,847217,157
Gain on sales of businesses, net5,984(1,866)253,272147,284
Operating (loss) income(68,353)50,86718,670413,592
Foreign currency loss, net(4,859)(1,018)(12,041)(4,613)
Interest income9,7491,75214,9543,996
Interest expense, net(2,991)(2,958)(9,092)(10,577)
Other income (expense), net4,774(2,603)2,6792,598
(Loss) income before taxes(61,680)46,04015,170404,996
Income tax benefit (expense)12,512(837)(51,788)(67,673)
Net (loss) income$ (49,168)$ 45,203$ (36,618)$ 337,323
Net (loss) income per share:    
Basic$ (0.46)$ 0.43$ (0.34)$ 3.18
Diluted$ (0.46)$ 0.42$ (0.34)$ 3.16
Weighted-average number of shares used in per share calculations:    
Basic106,596106,320106,532106,241
Diluted106,596106,899106,532106,879

FSLR Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,150,982$ 1,450,654
Marketable securities776,213375,389
Accounts receivable trade, net325,421429,436
Accounts receivable unbilled, net35,14925,273
Inventories810,660666,299
Other current assets240,325244,192
Total current assets3,338,7503,191,243
Property, plant and equipment, net3,124,0792,649,587
PV solar power systems, net153,915217,293
Project assets27,827315,488
Deferred tax assets, net64,10159,162
Restricted marketable securities182,208244,726
Goodwill14,46214,462
Intangible assets, net36,63145,509
Inventories239,644237,512
Other assets311,200438,764
Total assets7,492,8177,413,746
Current liabilities:  
Accounts payable188,280193,374
Income taxes payable25,7714,543
Accrued expenses333,140288,450
Current portion of long-term debt5,4353,896
Deferred revenue235,293201,868
Other current liabilities28,34934,747
Total current liabilities816,268726,878
Accrued solar module collection and recycling liability120,173139,145
Long-term debt254,224236,005
Other liabilities473,815352,167
Total liabilities1,664,4801,454,195
Commitments and contingencies
Stockholders' equity:  
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 106,605,913 and 106,332,315 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively107106
Additional paid-in capital2,880,2432,871,352
Accumulated earnings3,147,8373,184,455
Accumulated other comprehensive loss(199,850)(96,362)
Total stockholders' equity5,828,3375,959,551
Total liabilities and stockholders' equity$ 7,492,817$ 7,413,746