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Trina Solar Co Ltd
SSE:688599

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Trina Solar Co Ltd
SSE:688599
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Price: 16.32 CNY -0.79% Market Closed
Market Cap: ¥38.2B

EV/EBITDA

-7.3
Current
169%
Cheaper
vs 3-y average of 10.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-7.3
=
Enterprise Value
¥61.3B
/
EBITDA
¥-7.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-7.3
=
Enterprise Value
¥61.3B
/
EBITDA
¥-7.3B

Valuation Scenarios

Trina Solar Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (10.6), the stock would be worth ¥-23.73 (245% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-1 209%
Maximum Upside
No Upside Scenarios
Average Downside
587%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple -7.3 ¥16.32
0%
3-Year Average 10.6 ¥-23.73
-245%
5-Year Average 22.1 ¥-49.31
-402%
Industry Average 81.2 ¥-180.93
-1 209%
Country Average 28.8 ¥-64.24
-494%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥61.3B
/
Oct 2025
¥-7.3B
=
-7.3
Current
¥61.3B
/
Dec 2025
¥2.7B
=
23
Forward
¥61.3B
/
Dec 2026
¥6.4B
=
9.7
Forward
¥61.3B
/
Dec 2027
¥9.2B
=
6.7
Forward
¥61.3B
/
Dec 2028
¥15.9B
=
3.9
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CN
Trina Solar Co Ltd
SSE:688599
35.6B CNY -7.3 -5.2
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 35.9 40.4
US
Broadcom Inc
NASDAQ:AVGO
2T USD 54.9 79.6
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
53.2T TWD 18.1 28.7
US
Micron Technology Inc
NASDAQ:MU
543.4B USD 14.6 22.5
US
Advanced Micro Devices Inc
NASDAQ:AMD
497.7B USD 73.1 114.8
KR
SK Hynix Inc
KRX:000660
701.7T KRW 11.2 16.1
US
Intel Corp
NASDAQ:INTC
333.5B USD 29.3 -1 249.1
US
Texas Instruments Inc
NASDAQ:TXN
256B USD 32.6 51.5
UK
Arm Holdings PLC
NASDAQ:ARM
217.3B USD 194 271.3
US
Analog Devices Inc
NASDAQ:ADI
197.2B USD 36.8 72.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Trina Solar Co Ltd
SSE:688599
Average EV/EBITDA: 50
Negative Multiple: -7.3
N/A N/A
US
NVIDIA Corp
NASDAQ:NVDA
35.9
45%
0.8
US
Broadcom Inc
NASDAQ:AVGO
54.9
54%
1
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
18.1
28%
0.6
US
Micron Technology Inc
NASDAQ:MU
14.6
95%
0.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
73.1
61%
1.2
KR
SK Hynix Inc
KRX:000660
11.2
58%
0.2
US
Intel Corp
NASDAQ:INTC
29.3
30%
1
US
Texas Instruments Inc
NASDAQ:TXN
32.6
16%
2
UK
Arm Holdings PLC
NASDAQ:ARM
194
55%
3.5
US
Analog Devices Inc
NASDAQ:ADI
36.8
23%
1.6
P/E Multiple
Earnings Growth PEG
CN
Trina Solar Co Ltd
SSE:688599
Average P/E: 77.5
Negative Multiple: -5.2
N/A N/A
US
NVIDIA Corp
NASDAQ:NVDA
40.4
39%
1
US
Broadcom Inc
NASDAQ:AVGO
79.6
65%
1.2
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
28.7
29%
1
US
Micron Technology Inc
NASDAQ:MU
22.5
125%
0.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
114.8
75%
1.5
KR
SK Hynix Inc
KRX:000660
16.1
61%
0.3
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -1 249.1 N/A N/A
US
Texas Instruments Inc
NASDAQ:TXN
51.5
21%
2.5
UK
Arm Holdings PLC
NASDAQ:ARM
271.3
58%
4.7
US
Analog Devices Inc
NASDAQ:ADI
72.8
48%
1.5

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 5 409 companies
0th percentile
-7.3
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

Trina Solar Co Ltd
Glance View

Market Cap
38.2B CNY
Industry
Semiconductors

Trina Solar Co., Ltd., founded in 1997 and headquartered in Changzhou, China, has steadily ascended to become one of the most influential players in the solar energy industry. The company’s journey began in the nascent days of photovoltaic (PV) technology, with a commitment to innovation and sustainability. At its core, Trina Solar specializes in the production and sale of integrated solar power products that harness the sun’s energy to generate electricity. Through strategic investments in research and development, the company has cultivated a robust portfolio of high-efficiency solar modules and smart energy solutions, positioning itself at the forefront of technological advancements in solar energy. The adoption of cutting-edge technologies, like bifacial modules and single-axis trackers, has allowed Trina Solar to maximize energy yield, thereby offering cost-effective and sustainable energy solutions to its diverse clientele across the globe. Trina Solar’s business model thrives on a synergistic blend of manufacturing and project development. By scaling its vertically integrated manufacturing process, Trina Solar manages to keep a tight rein on production costs while ensuring high product quality — a crucial factor in maintaining competitive advantage. The company capitalizes on its expansive global distribution network to supply solar panels to a variety of sectors, ranging from residential and commercial to large-scale industrial projects. Additionally, Trina Solar extends its expertise into the solar power plant segment, where it designs, builds, and operates solar farms. This dual approach not only diversifies the company’s revenue streams but also fortifies its presence in the international energy market. Through strategic collaborations and an unyielding focus on sustainability, Trina Solar embodies the spirit of the energy transition, driving towards a future where clean, renewable energy is an accessible reality for all.

Intrinsic Value
26.63 CNY
Undervaluation 39%
Intrinsic Value
Price ¥16.32
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