Canadian Solar Future Growth

Future criteria checks 2/6

Canadian Solar is forecast to grow earnings and revenue by 7.6% and 12.9% per annum respectively. EPS is expected to grow by 20.8% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

7.6%

Earnings growth rate

20.8%

EPS growth rate

Semiconductor earnings growth24.5%
Revenue growth rate12.9%
Future return on equity12.5%
Analyst coverage

Good

Last updated20 Mar 2024

Recent future growth updates

Recent updates

Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)

Mar 21
Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)

At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

Mar 06
At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

Canadian Solar: An Undervalued Canadian Company With International Operations

Feb 23

Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?

Feb 09
Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?

Canadian Solar: Too Cheap To Ignore

Jan 25

Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Oct 04
Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital

Aug 12
Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital

An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued

Jul 13
An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued

Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Jun 12
Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall

May 12
Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall

Why Canadian Solar Inc. (NASDAQ:CSIQ) Could Be Worth Watching

Jan 26
Why Canadian Solar Inc. (NASDAQ:CSIQ) Could Be Worth Watching

Canadian Solar (NASDAQ:CSIQ) Is Looking To Continue Growing Its Returns On Capital

Jan 05
Canadian Solar (NASDAQ:CSIQ) Is Looking To Continue Growing Its Returns On Capital

Is There Now An Opportunity In Canadian Solar Inc. (NASDAQ:CSIQ)?

Oct 16
Is There Now An Opportunity In Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar (NASDAQ:CSIQ) Might Have The Makings Of A Multi-Bagger

Sep 25
Canadian Solar (NASDAQ:CSIQ) Might Have The Makings Of A Multi-Bagger

Canadian Solar: Outstanding Quarter With A $369 Billion Biden Tailwind

Aug 24

Canadian Solar Q2 2022 Earnings Preview

Aug 17

Canadian Solar: Solid Valuation Ahead Of Q2 Results

Aug 07

At US$29.31, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

Jul 14
At US$29.31, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

We Like These Underlying Return On Capital Trends At Canadian Solar (NASDAQ:CSIQ)

Jun 26
We Like These Underlying Return On Capital Trends At Canadian Solar (NASDAQ:CSIQ)

Canadian Solar: Underappreciated Solar Opportunity?

Apr 12

Should You Think About Buying Canadian Solar Inc. (NASDAQ:CSIQ) Now?

Apr 11
Should You Think About Buying Canadian Solar Inc. (NASDAQ:CSIQ) Now?

Canadian Solar (NASDAQ:CSIQ) Shareholders Will Want The ROCE Trajectory To Continue

Mar 21
Canadian Solar (NASDAQ:CSIQ) Shareholders Will Want The ROCE Trajectory To Continue

Estimating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)

Feb 06
Estimating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)

Canadian Solar Is Ready To Gain Back Margins

Jan 26

Fading Canadian Solar Hopes To Fire Up Turnaround With STAR Market IPO

Dec 23

Is Now The Time To Look At Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Dec 21
Is Now The Time To Look At Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 43% Undervalued

Nov 07
An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 43% Undervalued

Canadian Solar: Overhyped And Too Expensive

Sep 14

Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Aug 31
Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Calculating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)

Jul 01
Calculating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)

Earnings and Revenue Growth Forecasts

NasdaqGS:CSIQ - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202611,32042724N/A3
12/31/20259,996281-5598208
12/31/20248,680213-1,4124338
12/31/20237,614274-841685N/A
9/30/20237,883353-422890N/A
6/30/20237,969410-254801N/A
3/31/20237,920314N/AN/AN/A
12/31/20227,469240289917N/A
9/30/20227,026188N/AN/AN/A
6/30/20226,323145N/AN/AN/A
3/31/20225,43882N/AN/AN/A
12/31/20215,27795-838-408N/A
9/30/20214,78976N/AN/AN/A
6/30/20214,47450N/AN/AN/A
3/31/20213,74059N/AN/AN/A
12/31/20203,476147-455-121N/A
9/30/20203,356208N/AN/AN/A
6/30/20203,201257N/AN/AN/A
3/31/20203,541299N/AN/AN/A
12/31/20193,201172309600N/A
9/30/20193,182215N/AN/AN/A
6/30/20193,190224N/AN/AN/A
3/31/20192,804177N/AN/AN/A
12/31/20183,745237-100216N/A
9/30/20183,952187N/AN/AN/A
6/30/20184,096134N/AN/AN/A
3/31/20184,138156N/AN/AN/A
12/31/20173,390100-107204N/A
9/30/20172,95025N/AN/AN/A
6/30/20172,69527N/AN/AN/A
3/31/20172,80929N/AN/AN/A
12/31/20162,85365N/A-278N/A
9/30/20163,305141N/AN/AN/A
6/30/20163,497156N/AN/AN/A
3/31/20163,328133N/AN/AN/A
12/31/20153,468172N/A414N/A
9/30/20153,304185N/A454N/A
6/30/20153,368259N/AN/AN/A
3/31/20153,355297N/AN/AN/A
12/31/20142,961240N/A265N/A
9/30/20142,524185N/A79N/A
6/30/20142,100108N/AN/AN/A
3/31/20141,85740N/AN/AN/A
12/31/20131,65432N/A230N/A
9/30/20131,430-94N/A88N/A
6/30/20131,265-166N/AN/AN/A
3/31/20131,233-179N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSIQ's forecast earnings growth (7.6% per year) is above the savings rate (2.3%).

Earnings vs Market: CSIQ's earnings (7.6% per year) are forecast to grow slower than the US market (13.4% per year).

High Growth Earnings: CSIQ's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSIQ's revenue (12.9% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: CSIQ's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CSIQ's Return on Equity is forecast to be low in 3 years time (12.5%).


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