First Solar, Inc. (FSLR)
NASDAQ · Information Technology · market cap 32.97B
Share price
$182.05
At the last nightly close
Intrinsic value
$268.67
A single conservative estimate.
Margin of safety
+47.6%
($268.67 − $182.05) ÷ $182.05
EV / EBIT
54.9
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.
The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-11-03.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 5.22B | 1.60B | 1.53B | 14.25 | 1.19B |
| 2024-FY | 4.21B | 1.39B | 1.29B | 12.07 | -308.1M |
| 2023-FY | 3.32B | 886.0M | 830.8M | 7.78 | -784.5M |
| 2022-FY | 2.62B | -280.7M | -44.2M | -0.41 | -30.2M |
| 2021-FY | 2.92B | 586.8M | 468.7M | 4.38 | -302.7M |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- Earnings Preview: What to Expect From First Solar's Reportbarchart.com
- FSLR: First Solar Inc Latest Stock Price, Analysis, News and Trading Ideasstocktwits.com
- First Solar (FSLR) Stock Price & Overviewstockanalysis.com
- First Solar: The Cheapest Chip Stock Nobody Is Watching (FSLR)youtube.com
- First Solar (Nasdaq:FSLR) - Stock Analysis - Simply Wall Stsimplywall.st
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.