SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
First Solar, Inc. (FSLR) trades at a trailing P/E of 14.3, forward P/E of 11.2. Trailing earnings yield is 7.00%, forward earnings yield 8.95%. PEG 0.78 (Peter Lynch undervalued ≤1.0). Graham Number is $168.76.
Criteria proven by this page:
- VALUE (85/100, Pass) — P/E is below market average (14.3); PEG ≤ 1.0 — Peter Lynch undervalued (0.78); analyst target implies upside (+34.6%); earnings yield beats bond yields (7.00%).
- Forward P/E 11.2 (down from trailing 14.3) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.78 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 7.00% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 8.95% as earnings recover.
- Analyst consensus target $270.09 (+34.6% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 83/100 with 6/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
85/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — FSLR
Valuation Multiples
P/E (TTM)14.3
Forward P/E11.2
PEG Ratio0.78
Forward PEG0.42
P/B Ratio2.29
P/S Ratio4.18
EV/EBITDA9.1
Per Share Data
EPS (TTM)$14.24
Forward EPS (Est.)$17.95
Book Value / Share$88.88
Revenue / Share$48.64
FCF / Share$11.06
Yields & Fair Value
Earnings Yield7.00%
Forward Earnings Yield8.95%
Dividend Yield0.00%
Graham Number$168.76
SharesGrow IV$550.06 (+174.2%)
Analyst Target$270.09 (+34.6%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-7.9 |
0.05 |
0.63 |
1.14 |
- |
| 2017 |
-42.5 |
0.78 |
1.38 |
2.39 |
- |
| 2018 |
30.8 |
-0.16 |
0.85 |
1.98 |
- |
| 2019 |
-51.3 |
0.29 |
1.16 |
1.92 |
- |
| 2020 |
26.3 |
-0.06 |
1.90 |
3.86 |
- |
| 2021 |
19.8 |
1.14 |
1.55 |
3.17 |
- |
| 2022 |
-361.4 |
3.31 |
2.73 |
6.09 |
- |
| 2023 |
22.1 |
-0.01 |
2.75 |
5.54 |
- |
| 2024 |
14.6 |
0.26 |
2.36 |
4.48 |
- |
| 2025 |
18.3 |
1.01 |
2.94 |
5.37 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-3.48 |
$2.95B |
$-357.96M |
-12.1% |
| 2017 |
$-1.59 |
$2.94B |
$-165.62M |
-5.6% |
| 2018 |
$1.36 |
$2.24B |
$144.33M |
6.4% |
| 2019 |
$-1.09 |
$3.06B |
$-114.65M |
-3.7% |
| 2020 |
$3.73 |
$2.71B |
$398.36M |
14.7% |
| 2021 |
$4.38 |
$2.92B |
$468.69M |
16% |
| 2022 |
$-0.41 |
$2.62B |
$-44.17M |
-1.7% |
| 2023 |
$7.74 |
$3.32B |
$830.78M |
25% |
| 2024 |
$12.02 |
$4.21B |
$1.29B |
30.7% |
| 2025 |
$14.21 |
$5.22B |
$1.53B |
29.3% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$17.95 |
$15.45 – $23.36 |
$5.14B |
$5.04B – $5.33B |
26 |
| 2027 |
$23.73 |
$20.27 – $28.57 |
$6.02B |
$5.43B – $7.03B |
24 |
| 2028 |
$29.76 |
$20.45 – $44.11 |
$6.65B |
$6.61B – $6.68B |
21 |
| 2029 |
$33.10 |
$29.95 – $40.28 |
$7.3B |
$6.77B – $8.52B |
9 |
| 2030 |
$26.58 |
$24.05 – $32.34 |
$7.1B |
$6.58B – $8.28B |
9 |
