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First Solar Inc.
FSLR
203.47 (2.92%) 5.93
Information Technology
Semiconductors and Semiconductor Equipment
First Solar Inc. a solar technology company provides photovoltaic (PV) solar energy solutions in the United States France India Chile and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs manufactures and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers independent power producers utilities commercial and industrial companies large corporate energy buyers and other system owners and operators. The company was formerly known as First Solar Holdings Inc. and changed its name to First Solar Inc. in 2006. First Solar Inc. was founded in 1999 and is headquartered in Phoenix Arizona.

Quality Checklist 7/8

ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
5Y Shares Out Change < 0%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Market cap: $21.83(B)
EV: $19.58(B)
Total Equity: $9.54(B)
Earnings date: Apr-28-2026
P/E: 14.28
Forward P/E: 11.14
P/FCF: 18.40
P/S: 4.18
P/B: 2.29
EPS: $14.3
EPS (fwd): $18.3
FCF/share: $11.1
Revenue/share: $48.7
Book value/share: $88.9
ROIC: 15.4%
ROA: 11.3%
ROE: 16.9%
Debt/Equity: 0.07
Current Ratio: 2.70
Gross margin: 40.6%
Operating margin: 29.8%
Net margin: 29.3%
Dividend/share: $0.0
Div. yield: 0.00%
All Valuation Overview Growth Financials & KPIsCompetitors & Peer Comparison Ownership Tools

FSLR Valuation & Price Targets

Current Price
$203

Favorite Valuation Methods

PEvaluation
N/A
Analyst targets
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DCF (2-stage)
N/A

More Valuation Methods

DCF (simple)
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DCF (exit mult.)
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DDM
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EPS growth
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Revenue growth
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Peter Lynch FV
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Graham No.
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PEvaluation

76% undervalued
Low
$269
Mid
$358
High
$561
Current price
$203
Fair P/E
Margin of safety
EPS
Market Model
ROICRevenue growthFCF MarginShares outstan...Debt/EquityDebt/EBITDA
Economic moat: None/narrow

EPS Estimates

LowAvgHigh#
FY+115.018.323.427
FY+218.324.532.522
FY+322.429.338.817
FY+426.133.252.07
FY+520.627.335.16

Analyst Price Targets

25% undervalued
Low
$150
Mid
$254
High
$313
Current price
$203

Analyst Recommendations

Strong Buy9
Buy12
Hold14
Sell1
Strong Sell0

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Final Growth Rate
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate
(C) PEVALUATOR
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