First Solar Valuation
Is FSLR * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of FSLR * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FSLR * (MX$3300) is trading below our estimate of fair value (MX$4469.88)
Significantly Below Fair Value: FSLR * is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FSLR *?
Other financial metrics that can be useful for relative valuation.
What is FSLR *'s n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | US$20.84b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.5x |
Enterprise Value/EBITDA | 13.6x |
PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does FSLR *'s PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 46.4x | ||
2303 United Microelectronics | 11.7x | 6.4% | NT$650.2b |
3711 ASE Technology Holding | 20.4x | 28.1% | NT$650.1b |
688041 Hygon Information Technology | 135.6x | 31.4% | CN¥177.4b |
981 Semiconductor Manufacturing International | 18.1x | 4.1% | HK$181.5b |
FSLR * First Solar | 19.9x | 28.5% | Mex$20.8b |
Price-To-Earnings vs Peers: FSLR * is good value based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (46.2x).
Price to Earnings Ratio vs Industry
How does FSLR *'s PE Ratio compare vs other companies in the Global Semiconductor Industry?
Price-To-Earnings vs Industry: FSLR * is good value based on its Price-To-Earnings Ratio (19.9x) compared to the Global Semiconductor industry average (32.8x).
Price to Earnings Ratio vs Fair Ratio
What is FSLR *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 19.9x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FSLR *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | Mex$3,300.00 | Mex$3,867.80 +17.2% | 15.6% | Mex$6,049.90 | Mex$3,092.93 | n/a | 30 |
May ’25 | Mex$3,073.00 | Mex$3,869.97 +25.9% | 15.7% | Mex$6,145.51 | Mex$3,115.55 | n/a | 31 |
Apr ’25 | Mex$2,860.00 | Mex$3,687.91 +28.9% | 16.9% | Mex$5,946.51 | Mex$2,815.90 | n/a | 29 |
Mar ’25 | Mex$2,700.37 | Mex$3,808.88 +41.1% | 17.2% | Mex$6,138.25 | Mex$2,906.69 | n/a | 28 |
Feb ’25 | Mex$2,530.00 | Mex$3,880.68 +53.4% | 15.6% | Mex$5,593.74 | Mex$2,916.98 | n/a | 27 |
Jan ’25 | Mex$2,922.40 | Mex$3,915.88 +34.0% | 15.2% | Mex$5,596.74 | Mex$2,918.54 | n/a | 26 |
Dec ’24 | Mex$2,760.00 | Mex$3,978.96 +44.2% | 15.0% | Mex$5,644.23 | Mex$2,943.31 | n/a | 25 |
Nov ’24 | Mex$2,568.00 | Mex$4,198.59 +63.5% | 12.9% | Mex$5,806.81 | Mex$3,295.28 | n/a | 24 |
Oct ’24 | Mex$2,850.00 | Mex$4,260.83 +49.5% | 13.5% | Mex$5,752.23 | Mex$3,224.74 | n/a | 23 |
Sep ’24 | Mex$3,166.65 | Mex$4,124.39 +30.2% | 14.3% | Mex$5,575.41 | Mex$3,022.81 | n/a | 22 |
Aug ’24 | Mex$3,450.00 | Mex$4,069.20 +17.9% | 14.7% | Mex$5,559.14 | Mex$3,013.99 | n/a | 23 |
Jul ’24 | Mex$3,260.00 | Mex$3,820.19 +17.2% | 11.9% | Mex$4,730.38 | Mex$3,159.28 | n/a | 22 |
Jun ’24 | Mex$3,699.90 | Mex$3,969.95 +7.3% | 11.6% | Mex$4,882.10 | Mex$3,260.61 | n/a | 22 |
May ’24 | Mex$3,240.00 | Mex$3,928.39 +21.2% | 11.1% | Mex$4,876.58 | Mex$3,047.86 | Mex$3,073.00 | 25 |
Apr ’24 | Mex$3,990.00 | Mex$3,941.64 -1.2% | 12.5% | Mex$4,841.07 | Mex$2,979.12 | Mex$2,860.00 | 24 |
Mar ’24 | Mex$3,482.72 | Mex$3,490.57 +0.2% | 19.1% | Mex$4,706.75 | Mex$1,357.72 | Mex$2,700.37 | 22 |
Feb ’24 | Mex$3,295.00 | Mex$3,409.10 +3.5% | 19.4% | Mex$4,381.15 | Mex$1,410.24 | Mex$2,530.00 | 23 |
Jan ’24 | Mex$2,880.00 | Mex$3,303.53 +14.7% | 18.8% | Mex$4,558.09 | Mex$1,467.20 | Mex$2,922.40 | 23 |
Dec ’23 | Mex$3,210.00 | Mex$3,183.08 -0.8% | 17.6% | Mex$4,499.86 | Mex$1,448.45 | Mex$2,760.00 | 22 |
Nov ’23 | Mex$2,947.00 | Mex$3,142.04 +6.6% | 18.6% | Mex$4,594.74 | Mex$1,478.99 | Mex$2,568.00 | 21 |
Oct ’23 | Mex$2,728.00 | Mex$2,789.05 +2.2% | 23.3% | Mex$3,763.00 | Mex$1,509.23 | Mex$2,850.00 | 20 |
Sep ’23 | Mex$2,530.00 | Mex$2,498.94 -1.2% | 26.0% | Mex$3,525.31 | Mex$1,208.68 | Mex$3,166.65 | 20 |
Aug ’23 | Mex$2,045.80 | Mex$1,944.63 -4.9% | 24.1% | Mex$2,750.48 | Mex$1,100.19 | Mex$3,450.00 | 17 |
Jul ’23 | Mex$1,380.00 | Mex$1,632.78 +18.3% | 19.4% | Mex$2,459.84 | Mex$1,086.43 | Mex$3,260.00 | 17 |
Jun ’23 | Mex$1,387.39 | Mex$1,622.47 +16.9% | 19.0% | Mex$2,431.81 | Mex$1,074.05 | Mex$3,699.90 | 16 |
May ’23 | Mex$1,487.15 | Mex$1,614.84 +8.6% | 19.1% | Mex$2,449.04 | Mex$1,081.66 | Mex$3,240.00 | 16 |
Analyst Forecast: Target price is less than 20% higher than the current share price.