Solar industry stocks
The Solar industry has 26 US-listed companies on stockrow and is part of the Technology sector, with a combined market value of $43.3B. First Solar, Inc. (FSLR) is the largest at $19.2B, followed by Nextpower Inc. and Enphase Energy, Inc.. The median Solar stock trades at 10.6× trailing earnings, below the market median of 18.1×, with a median net margin of −8.48% (market: 0.45%). Median revenue growth over the last twelve months is 17.0%. 1 of the 26 pay a dividend; the median yield among payers is 18.5%.
Solar medians
| Metric | Industry | Market |
|---|---|---|
| P/E | 10.6× | 18.1× |
| P/S | 0.5× | 1.9× |
| P/B | 1.0× | 1.7× |
| Price to free cash flow | 9.6× | 14.2× |
| EV/EBITDA | 9.4× | 11.0× |
| EV/Sales | 0.6× | 2.1× |
| Earnings yield | 0.00% | 1.20% |
| Free cash flow yield | 0.00% | 0.27% |
| Gross margin | 31.9% | 46.2% |
| Operating margin | −9.70% | 0.00% |
| Net margin | −8.48% | 0.45% |
| Free cash flow margin | −2.95% | 0.00% |
| Return on equity | 5.34% | 1.35% |
| Return on assets | −5.36% | 0.00% |
| Return on invested capital | −5.27% | 0.00% |
| Revenue growth (TTM) | 17.0% | 7.41% |
| EPS growth (last fiscal year) | 47.2% | 13.7% |
| Revenue growth, 5-year CAGR | 14.0% | 8.93% |
| Net income growth, 5-year CAGR | 0.00% | 0.00% |
| Debt to equity | 0.1× | 0.1× |
| Current ratio | 1.3× | 1.6× |
| Net debt to EBITDA | 0.0× | 0.6× |
| Market cap | $31.6M | $584.7M |
All 26 companies
Open in screener| FSLR | First Solar, Inc. | 19.22b | 172.57 | (3.49%) | 10.61 | 32.47% | 23.82% | — |
|---|---|---|---|---|---|---|---|---|
| NXT | Nextpower Inc. | 12.66b | 80.04 | (4.09%) | 20.11 | 16.36% | 16.97% | — |
| ENPH | Enphase Energy, Inc. | 4.07b | 30.62 | (0.65%) | 30.02 | 10.09% | (10.41%) | — |
| SEDG | SolarEdge Technologies, Inc. | 1.93b | 31.36 | (0.22%) | 0.00 | (20.29%) | 41.65% | — |
| RUN | Sunrun Inc. | 1.84b | 7.30 | (4.45%) | 4.27 | 11.59% | 63.23% | — |
| SHLS | Shoals Technologies Group, Inc. | 1.31b | 7.17 | (7.60%) | 38.10 | 5.41% | 46.88% | — |
| DQ | DAQO New Energy Corp. | 720.69m | 10.23 | (3.94%) | 0.00 | (34.50%) | (6.28%) | — |
| ARRY | Array Technologies, Inc. | 549.81m | 3.43 | (3.92%) | 0.00 | (12.48%) | 1.18% | — |
| JKS | JinkoSolar Holding Company Limited | 420.17m | 8.12 | (2.87%) | 0.00 | (5.87%) | (19.06%) | 18.47% |
| TOYO | TOYO Co., Ltd. | 176.00m | 4.00 | (2.91%) | 3.45 | 0.00% | — | — |
| SPWR | CSLM Acquisition Corp. | 84.15m | 0.25 | (3.85%) | 0.00 | (3.77%) | 18.59% | — |
| TYGO | Tigo Energy, Inc. | 64.20m | 0.82 | (2.38%) | 5.47 | 8.97% | 49.51% | — |
| PN | PN Smart Energy Limited | 32.90m | 2.26 | 1.35% | — | — | — | — |
| FTCI | FTC Solar, Inc. | 30.33m | 1.61 | (3.01%) | 0.00 | (53.61%) | 59.53% | — |
| SPRU | Spruce Power Holding Corporation | 28.11m | 1.31 | (10.27%) | 0.00 | (6.76%) | 10.22% | — |
| SMXT | Solarmax Technology, Inc. | 24.47m | 4.97 | (3.68%) | 0.00 | (7.91%) | 284.69% | — |
| SPIEQ | SPI Energy Co., Ltd. | 24.21m | 0.00 | 0.00% | 0.00 | (11.75%) | 21.20% | — |
| BEEM | Beam Global | 21.72m | 0.89 | (7.29%) | 0.00 | (64.60%) | (20.49%) | — |
| ASTI | Ascent Solar Technologies Inc. | 18.56m | 1.85 | (2.12%) | 0.00 | (4,236.98%) | 364.08% | — |
| ZEO | Zeo Energy Corp. | 18.16m | 0.26 | (3.70%) | 0.00 | (15.43%) | 10.17% | — |
| SUNE | SUNation Energy Inc. | 14.07m | 2.05 | (5.09%) | 0.00 | (8.48%) | 10.34% | — |
| MAXNQ | Maxeon Solar Technologies, Ltd. | 12.86m | 0.00 | 0.00% | 0.00 | (120.68%) | (54.68%) | — |
| ISUNQ | iSun, Inc. | 5.21m | 0.00 | 0.00% | 0.00 | (20.29%) | 25.15% | — |
| VSTTF | Vast Renewables Limited | 4.20m | 0.00 | 0.00% | 0.00 | 0.00% | — | — |
| SUNWQ | Sunworks, Inc. | 3.41m | 0.00 | 0.00% | 0.00 | (40.36%) | 10.63% | — |
| SING | Singlepoint Inc. | 30.00k | 0.00 | 0.00% | 0.00 | (142.65%) | (22.94%) | — |