First Solar Inc
NASDAQ:FSLR

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First Solar Inc
NASDAQ:FSLR
Watchlist
Price: 164.605 USD 0.47%
Market Cap: 17.7B USD

ROCE
Return on Capital Employed

14.7%
Current
7%
Average
2.6%
Industry

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
14.7%
=
EBIT
1.4B
/
Capital Employed
9.4B

ROCE Across Competitors

First Solar Inc
Glance View

Economic Moat
None
Market Cap
17.7B USD
Industry
Semiconductors

First Solar Inc., a stalwart in the renewable energy sector, is renowned for its pioneering approach to photovoltaic technology. Founded in 1999, the company has carved out a unique niche by focusing on the development of thin-film solar modules that leverage cadmium telluride (CdTe) as the primary semiconductor. This distinct technological edge enables First Solar to offer panels that are highly efficient in energy conversion, particularly in hot and humid climates where traditional silicon-based panels might falter. The company operates a vertically integrated business model, handling everything from module manufacturing to the development and maintenance of utility-scale solar power plants. This end-to-end control not only ensures high-quality production standards and cost-effective operations but also allows First Solar to stay at the forefront of technological advancements. Revenue generation for First Solar is multi-faceted. Primarily, the company earns by selling its advanced solar panels to utilities, commercial and industrial customers, and solar project developers worldwide. Moreover, First Solar capitalizes on its expertise through long-term service agreements, offering operations and maintenance for solar installations that ensure peak performance and longevity. With the global shift towards clean energy and increased legislative support for renewables, First Solar finds itself in a favorable position. Its distinctive technology, commitment to sustainability, and strategic adaptability not only anchor its financial performance but also bolster its reputation as a leader in the clean energy revolution. First Solar's ability to navigate complex market dynamics while maintaining a focus on innovation reflects the robustness of its business model and its commitment to shaping a sustainable energy future.

FSLR Intrinsic Value
294.759 USD
Undervaluation 44%
Intrinsic Value
Price
What is Intrinsic Value?

See Also

Summary
FSLR intrinsic value, competitors valuation, and company profile.
DCF Valuation
FSLR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FSLR stock valuation using valuation multiples.
Wall Street Estimates
FSLR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FSLR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
What is Return on Capital Employed?

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
14.7%
=
EBIT
1.4B
/
Capital Employed
9.4B
What is the ROCE of First Solar Inc?

Based on First Solar Inc's most recent financial statements, the company has ROCE of 14.7%.

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