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First Solar Inc.
FSLR
253.08 (-0.62%) 1.58
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 a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs manufactures and sells cadmium telluride solar modules that converts sunlight into electricity. The company’s residual business operations include project development activities operations and maintenance services and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems utilities independent power producers commercial and industrial companies and other system owners. 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 Tempe 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: $27.16(B)
EV: $26.01(B)
Total Equity: $9.02(B)
Earnings date: Feb-25-2026
P/E: 19.36
Forward P/E: 17.31
P/FCF: 44.17
P/S: 5.37
P/B: 3.01
EPS: $13.1
EPS (fwd): $14.6
FCF/share: $5.7
Revenue/share: $47.1
Book value/share: $84.0
ROIC: 15.4%
ROA: 11.3%
ROE: 16.9%
Debt/Equity: 0.10
Current Ratio: 1.90
Gross margin: 40.1%
Operating margin: 29.8%
Net margin: 27.7%
Dividend/share: $0.0
Div. yield: 0.00%

FSLR Valuation & Price Targets

Current Price
$253

Favorite Valuation Methods

More Valuation Methods

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

30% undervalued
Low
$247
Mid
$329
High
$467
Current price
$253
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow

EPS Estimates

LowAvgHigh#
FY+114.214.615.422
FY+219.123.627.123
FY+322.729.835.519
FY+426.633.041.910
FY+531.538.154.17

Analyst Price Targets

8% undervalued
Low
$150
Mid
$274
High
$335
Current price
$253

Analyst Recommendations

Strong Buy9
Buy21
Hold5
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