First Solar, Inc.

  • Market Cap: Mid Cap
  • Industry: Other Electrical Equipment
  • ISIN: US3364331070
USD
257.28
-5.28 (-2.01%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.37 M

Shareholding (Mar 2025)

FII

31.90%

Held by 478 FIIs

DII

29.87%

Held by 52 DIIs

Promoter

0.13%

How big is First Solar, Inc.?

22-Jun-2025

As of Jun 18, First Solar, Inc. has a market capitalization of $15.43 billion, with net sales of $4.26 billion and a net profit of $1.26 billion over the latest four quarters.

Market Cap: As of Jun 18, First Solar, Inc. has a market capitalization of 15,432.48 million, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, First Solar, Inc. reported net sales of 4,256.75 million and a net profit of 1,264.97 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company's shareholder's funds amounted to 7,977.58 million, while total assets were reported at 12,124.36 million.

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What does First Solar, Inc. do?

22-Jun-2025

First Solar, Inc. is a mid-cap provider of photovoltaic solar energy solutions, with recent net sales of $845 million and a net profit of $210 million. Key metrics include a P/E ratio of 14.00 and a market cap of approximately $15.43 billion.

Overview: <BR>First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions in the Other Electrical Equipment industry, operating in the mid-cap market.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 845 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 210 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 15,432.48 Million (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.04 <BR>Return on Equity: 15.48% <BR>Price to Book: 1.88<BR><BR>Contact Details: <BR>Address: 350 W Washington St Ste 600, TEMPE AZ 85281-1496 <BR>Tel: 1 602 4149300 <BR>Website: http://www.firstsolar.com

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Should I buy, sell or hold First Solar, Inc.?

22-Jun-2025

Who are in the management team of First Solar, Inc.?

22-Jun-2025

As of March 2022, the management team of First Solar, Inc. includes Non-Executive Chairman Michael Ahearn, CEO Mark Widmar, and Independent Directors Sharon Allen, Richard Chapman, George Hambro, and Molly Joseph. They are responsible for the company's strategic direction and governance.

As of March 2022, the management team of First Solar, Inc. includes the following individuals:<BR><BR>- Mr. Michael Ahearn, who serves as the Non-Executive Chairman of the Board.<BR>- Mr. Mark Widmar, who is the Chief Executive Officer and a Director.<BR>- Ms. Sharon Allen, who is an Independent Director.<BR>- Mr. Richard Chapman, who is also an Independent Director.<BR>- Mr. George Hambro, serving as an Independent Director.<BR>- Ms. Molly Joseph, who is an Independent Director.<BR><BR>This team plays a crucial role in guiding the company's strategic direction and governance.

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Is First Solar, Inc. overvalued or undervalued?

20-Sep-2025

As of July 7, 2025, First Solar, Inc. is considered undervalued with an attractive valuation grade, supported by a P/E ratio of 14, a PEG ratio of 0.75, and an EV to EBITDA ratio of 9.07, indicating it trades at a discount compared to peers like Monolithic Power Systems and ON Semiconductor, while also outperforming the S&P 500 year-to-date with an 18.95% return.

As of 7 July 2025, the valuation grade for First Solar, Inc. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 14, a PEG ratio of 0.75, and an EV to EBITDA ratio of 9.07, all of which suggest that the stock is trading at a discount relative to its earnings and growth potential.<BR><BR>In comparison to its peers, First Solar's P/E ratio of 14 is notably lower than Monolithic Power Systems, Inc. at 22.32 and ON Semiconductor Corp. at 25.65, indicating that First Solar may be undervalued relative to these companies. Additionally, its EV to EBITDA ratio of 9.07 is more favorable than Monolithic Power Systems' 57.10, further reinforcing its attractive valuation. While First Solar has had a mixed performance against the S&P 500, it has outperformed in the year-to-date return with 18.95% compared to the S&P 500's 12.22%, suggesting a strong recovery potential.

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Is First Solar, Inc. technically bullish or bearish?

20-Sep-2025

As of September 8, 2025, First Solar, Inc. has a bullish technical trend, supported by positive MACD and Bollinger Bands, despite a bearish monthly KST signal and mixed performance compared to the S&P 500.

As of 8 September 2025, the technical trend for First Solar, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD are both bullish, and Bollinger Bands also indicate a bullish stance on both time frames. The daily moving averages are bullish as well. However, the KST shows a bearish monthly signal, and Dow Theory indicates a mildly bullish weekly trend with no trend on the monthly. <BR><BR>In terms of performance, First Solar has outperformed the S&P 500 over the year-to-date period with a return of 18.95% compared to the S&P 500's 12.22%, but it has underperformed over the past year with a return of -13.31% versus the S&P 500's 17.14%. Overall, the current technical stance is bullish, driven primarily by the positive MACD and Bollinger Bands.

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iScoreScore
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Strong Sell
Sell
Hold
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Strong Buy

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Dashboard
1

Poor Management Efficiency with a low ROE of 8.68%

  • The company has been able to generate a Return on Equity (avg) of 8.68% signifying low profitability per unit of shareholders funds
2

Company has a low Debt to Equity ratio (avg) at times

 
3

Low Debt Company with Strong Long Term Fundamental Strength

4

With ROE of 15.48%, it has a attractive valuation with a 2.18 Price to Book Value

5

High Institutional Holdings at 100%

6

Market Beating Performance

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Other Electrical Equipment

stock-summary
Market cap

USD 21,794 Million (Mid Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.02

stock-summary
Return on Equity

14.57%

stock-summary
Price to Book

2.55

Revenue and Profits:
Net Sales:
1,097 Million
(Quarterly Results - Jun 2025)
Net Profit:
342 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
27.69%
0%
27.69%
6 Months
61.44%
0%
61.44%
1 Year
23.98%
0%
23.98%
2 Years
60.51%
0%
60.51%
3 Years
52.85%
0%
52.85%
4 Years
161.86%
0%
161.86%
5 Years
189.34%
0%
189.34%

First Solar, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.84%
EBIT Growth (5y)
30.98%
EBIT to Interest (avg)
26.81
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
0.47
Tax Ratio
7.52%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
11.38%
ROE (avg)
8.68%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
2.18
EV to EBIT
11.86
EV to EBITDA
9.07
EV to Capital Employed
2.23
EV to Sales
4.11
PEG Ratio
0.75
Dividend Yield
NA
ROCE (Latest)
18.81%
ROE (Latest)
15.48%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 152 Schemes (38.09%)

Foreign Institutions

Held by 478 Foreign Institutions (31.9%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 8.58% vs 24.65% in Jun 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -2.15% vs 104.81% in Jun 2024",
        "dir": -1
      }
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    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,097.20",
          "val2": "1,010.50",
          "chgp": "8.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "517.40",
          "val2": "498.10",
          "chgp": "3.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.20",
          "val2": "9.80",
          "chgp": "-6.12%",
          "chgp_class": "positive"
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          "field": "Exceptional Items",
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          "val2": "-7.60",
          "chgp": "206.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "341.90",
          "val2": "349.40",
          "chgp": "-2.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "396.60%",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 55.51% vs 1,979.64% in Dec 2023",
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        "Dec'24",
        "Dec'23",
        "Change(%)"
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          "val2": "3,318.60",
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          "field": "Interest",
          "val1": "38.90",
          "val2": "13.00",
          "chgp": "199.23%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "-9.40",
          "val2": "-37.30",
          "chgp": "74.80%",
          "chgp_class": "positive"
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          "field": "Consolidate Net Profit",
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          "field": "Operating Profit Margin (Excl OI)",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - YoYstock-summary
Jun'25
Jun'24
Change(%)
Net Sales
1,097.20
1,010.50
8.58%
Operating Profit (PBDIT) excl Other Income
517.40
498.10
3.87%
Interest
9.20
9.80
-6.12%
Exceptional Items
8.10
-7.60
206.58%
Consolidate Net Profit
341.90
349.40
-2.15%
Operating Profit Margin (Excl OI)
358.00%
396.60%
-3.86%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2025 is 8.58% vs 24.65% in Jun 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -2.15% vs 104.81% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4,206.30
3,318.60
26.75%
Operating Profit (PBDIT) excl Other Income
1,898.20
1,251.90
51.63%
Interest
38.90
13.00
199.23%
Exceptional Items
-9.40
-37.30
74.80%
Consolidate Net Profit
1,292.00
830.80
55.51%
Operating Profit Margin (Excl OI)
352.00%
284.40%
6.76%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 26.75% vs 26.70% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 55.51% vs 1,979.64% in Dec 2023

stock-summaryCompany CV
About First Solar, Inc. stock-summary
stock-summary
First Solar, Inc.
Other Electrical Equipment
First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. The Company also develops, designs, constructs and sells PV solar power systems that primarily use the modules it manufactures. It operates through two segments: components and systems. The components segment is engaged in the design, manufacture and sale of cadmium telluride (CdTe) solar modules, which convert sunlight into electricity. The systems segment includes the development, construction, operation and maintenance of PV solar power systems, which primarily use its solar modules. In addition, the Company provides operations and maintenance (O&M) services to system owners that use solar modules manufactured by it or by third-party manufacturers. The Company's solar modules had an average rated power per module of approximately 114 watts, as of December 31, 2016.
Company Coordinates stock-summary
Company Details
350 W Washington St Ste 600 , TEMPE AZ : 85281-1496
stock-summary
Tel: 1 602 4149300
stock-summary
Registrar Details