Company Valuation: First Solar, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 9,267 15,968 18,407 18,868 28,032 21,200 - -
Change - 72.31% 15.27% 2.5% 48.57% -24.37% - -
Enterprise Value (EV) 1 7,681 13,575 16,865 17,685 25,675 18,372 16,395 12,601
Change - 76.73% 24.24% 4.86% 45.18% -28.44% -10.76% -23.14%
P/E ratio 19.9x -365x 22.3x 14.7x 18.4x 10.7x 8.13x 6.83x
PBR 1.56x 2.74x 2.75x 2.37x 2.94x 1.86x 1.51x 1.24x
PEG - 3x -0x 0.3x 1x 0.4x 0.3x 0.4x
Capitalization / Revenue 3.17x 6.1x 5.55x 4.49x 5.37x 4.02x 3.41x 3.11x
EV / Revenue 2.63x 5.18x 5.08x 4.2x 4.92x 3.48x 2.64x 1.85x
EV / EBITDA 11x 56x 14x 9.73x 12.1x 7.16x 4.87x 3.15x
EV / EBIT 17.5x -498x 18.9x 12.7x 16.1x 9.16x 5.83x 3.71x
EV / FCF -25.4x -449x -21.5x -57.4x 21.6x 44x 6.53x 3.72x
FCF Yield -3.94% -0.22% -4.65% -1.74% 4.62% 2.27% 15.3% 26.9%
Dividend per Share 2 - - - - - - - 20.92
Rate of return - - - - - - - 10.6%
EPS 2 4.38 -0.41 7.74 12.02 14.21 18.39 24.3 28.93
Distribution rate - - - - - - - 72.3%
Net sales 1 2,923 2,619 3,319 4,206 5,219 5,279 6,216 6,813
EBITDA 1 699.4 242.5 1,201 1,818 2,126 2,564 3,368 3,999
EBIT 1 439.5 -27.24 892.9 1,394 1,597 2,006 2,814 3,394
Net income 1 468.7 -44.17 830.8 1,292 1,528 1,945 2,629 3,121
Net Debt 1 -1,586 -2,394 -1,542 -1,183 -2,357 -2,828 -4,805 -8,599
Reference price 2 87.16 149.79 172.28 176.24 261.23 197.56 197.56 197.56
Nbr of stocks (in thousands) 106,327 106,606 106,844 107,058 107,308 107,311 - -
Announcement Date 1/3/22 28/2/23 27/2/24 25/2/25 24/2/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.89x3.54x7.28x-.--% 21.49B
-33x1.63x36.54x-.--% 20.68B
34.77x8.58x28.92x1.49% 17.42B
32.25x4.65x19.51x-.--% 17.33B
-15.11x1.29x18.45x-.--% 12.21B
-12.64x1.56x18.07x-.--% 11.93B
18.8x2.76x11.64x - 8.37B
41.07x1.56x12.15x0.34% 8.08B
-40.01x8.81x81.3x-.--% 7.36B
13.71x2.19x10.3x1.25% 6.09B
Average 5.07x 3.66x 24.42x 0.34% 13.1B
Weighted average by Cap. 5.03x 3.73x 23.30x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. FSLR Stock
  4. Valuation First Solar, Inc.
SPRING SALE - 40%: The Best Tools Reserved for Subscribers to Identify Tomorrow's Top Investments!
d
:
:
BENEFIT NOW