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FSLR$298.27-2.78%
Fair $298.27+0.0%

FSLR

First Solar, Inc.

Technology / SolarNasdaqGS

$298.27

-8.52 (-2.78%)

Fairly Valued+0.0%Fair Value $298.27Fund rank 25/100 · Data gapFallback financials|
SA 70/B
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-308.1M · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 11/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

70/100

B

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 19Warnings: 0unknown: 19
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · FSLRLocal privado en este navegador · First Solar, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$32.1B

P/E

19.3x

↓

EV/EBITDA

13.9x

↑

ROE

16.0%

↑

Gross Margin

40.6%

↑

Debt/Equity

0.07

↓
52-Week Range$298
$136$314

TradingView lightweight chart

FSLR price, volumen y niveles de valoración

Último $298.27Periodo +1105.6%
Fair value: $298.27

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2007–2025 · 18 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

22.7%

FCF / Net income

0.78x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.22B · net income $1.53B · FCF $1.19B

2007-FY → 2025-FY

Gross margin

40.6%— pts

Operating margin

30.6%— pts

Net margin

29.3%— pts

FCF margin

22.7%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Income Statement
Revenue$5.22B$5.22B$4.21B$3.32B$2.62B$2.92B$2.71B$3.06B$2.24B$2.94B$2.90B$4.11B$3.39B$3.31B$3.37B$2.77B$2.56B$2.07B$1.25B—
Net Income$1.53B$1.53B$1.29B$830.8M$-44.2M$468.7M$398.4M$-114.9M$144.3M$-165.6M$-416.1M$593.4M$396.0M$350.7M$-96.3M$-39.5M$664.2M$640.1M$348.3M$158.4M
EBITDA$2.15B$2.15B$1.87B$1.21B$290.5M$846.7M$550.4M$43.7M$170.8M$269.8M$-363.9M$955.4M$638.6M$609.2M$227.8M$166.6M$905.0M$809.2M$497.9M—
EPS14.2114.2112.027.74-0.414.383.73-1.091.36-1.59-4.055.833.903.67-1.11-0.467.687.534.242.03
Gross Margin40.6%40.6%44.2%39.2%2.7%25.0%25.1%17.9%17.5%18.7%22.0%27.5%24.3%26.1%25.3%35.1%46.2%50.6%54.4%—
Operating Margin30.6%30.6%33.1%26.7%-10.7%20.1%11.7%-5.3%1.8%6.0%-19.6%17.8%12.4%11.2%-1.1%-2.5%29.2%32.9%35.2%—
Net Margin29.3%29.3%30.7%25.0%-1.7%16.0%14.7%-3.8%6.4%-5.6%-14.3%14.4%11.7%10.6%-2.9%-1.4%25.9%31.0%27.9%—
Balance Sheet
Debt/Equity0.070.070.090.090.040.040.040.090.090.080.040.050.040.050.160.180.070.07——
Current Ratio2.562.56——————————————————
Cash Flow
Free Cash Flow$1.19B$1.19B$-308.1M$-784.5M$-30.2M$-302.7M$-379.5M$-494.5M$-1.07B$826.3M$-22.7M$-491.6M$478.0M$573.5M$383.0M$-765.3M$116.6M$395.3M$3.8M$-36.4M
Returns
ROE16.0%16.0%16.2%12.4%-0.8%7.9%7.2%-2.3%2.8%-3.2%-8.0%10.6%7.9%7.8%-2.7%-1.1%19.2%24.1%23.0%14.4%
Valuation
P/E19.2619.2615.5121.56————————————————
EV/EBITDA13.8913.8910.2413.6953.21———————————————
P/B3.363.362.512.682.86———————————————
Growth & Yield
Revenue Growth24.1%24.1%26.7%26.7%—7.8%-11.5%36.5%-23.7%1.3%-29.4%21.3%2.5%-1.7%21.8%7.9%24.1%65.8%——
EPS Growth18.2%18.2%55.3%1987.8%—17.4%442.2%-180.1%185.5%60.7%-169.5%49.5%6.3%430.6%-141.3%-106.0%2.0%77.6%108.9%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

23.0%

exigente

EPS terminal req.

$26.47

Spread vs growth

-4.8%

5Y implied EPS CAGR

17.6%

exigente

EPS terminal req.

$32.02

Spread vs growth

0.6%

10Y implied EPS CAGR

13.8%

razonable

EPS terminal req.

$51.58

Spread vs growth

4.5%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +88.7%

Total return

+88.7%

Start / end P/E

13.2x → 21.0x

EPS bridge

12.02 → 14.21

Residual

+10.9%

EPS growth+18.2%
Multiple rerating+59.6%
Dividend+0.0%
Residual / FX / buybacks / cross-term+10.9%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.