Solar industry stocks
The Solar industry has 24 US-listed companies on stockrow and is part of the Technology sector, with a combined market value of $48.0B. First Solar, Inc. (FSLR) is the largest at $21.0B, followed by Nextpower Inc. and Enphase Energy, Inc.. The median Solar stock trades at 11.4× trailing earnings, below the market median of 17.9×, with a median net margin of −7.34% (market: 1.06%). Median revenue growth over the last twelve months is 10.5%. 1 of the 24 pay a dividend; the median yield among payers is 14.5%.
Solar medians
| Metric | Industry | Market |
|---|---|---|
| P/E | 11.4× | 17.9× |
| P/S | 0.6× | 1.9× |
| P/B | 0.9× | 1.7× |
| Price to free cash flow | 15.1× | 14.1× |
| EV/EBITDA | 10.7× | 10.9× |
| EV/Sales | 0.9× | 2.1× |
| Earnings yield | −16.5% | 1.55% |
| Free cash flow yield | −1.15% | 0.93% |
| Gross margin | 28.6% | 45.1% |
| Operating margin | −7.89% | 0.00% |
| Net margin | −7.34% | 1.06% |
| Free cash flow margin | −1.48% | 0.00% |
| Return on equity | 7.14% | 0.51% |
| Return on assets | −3.25% | 0.00% |
| Return on invested capital | −4.96% | 0.00% |
| Revenue growth (TTM) | 10.5% | 7.58% |
| EPS growth (last fiscal year) | 51.5% | 14.0% |
| Revenue growth, 5-year CAGR | 13.9% | 8.99% |
| Net income growth, 5-year CAGR | 0.00% | 0.00% |
| Debt to equity | 0.0× | 0.1× |
| Current ratio | 1.5× | 1.6× |
| Net debt to EBITDA | 0.2× | 0.6× |
| Market cap | $76.5M | $676.4M |
All 24 companies
Open in screener| FSLR | First Solar, Inc. | 21.04b | 196.97 | 1.26% | 11.37 | 37.12% | (0.72%) | — |
|---|---|---|---|---|---|---|---|---|
| NXT | Nextpower Inc. | 14.99b | 99.83 | (6.44%) | 24.47 | 15.98% | 13.67% | — |
| ENPH | Enphase Energy, Inc. | 3.83b | 29.18 | (7.51%) | 42.48 | 7.49% | (19.90%) | — |
| RUN | Sunrun Inc. | 2.38b | 10.01 | 13.88% | 4.39 | 14.01% | 66.21% | — |
| SEDG | SolarEdge Technologies, Inc. | 1.61b | 26.27 | (12.49%) | — | (17.34%) | 26.11% | — |
| SHLS | Shoals Technologies Group, Inc. | 1.51b | 8.97 | (2.07%) | 39.99 | 5.84% | 49.21% | — |
| ARRY | Array Technologies, Inc. | 816.24m | 5.27 | (1.13%) | — | (12.48%) | 1.18% | — |
| DQ | DAQO New Energy Corp. | 803.92m | 11.89 | (1.08%) | — | (45.46%) | (20.94%) | — |
| JKS | Jinko Holdings Limited - Unsponsored ADR | 517.18m | 10.36 | (2.72%) | — | (5.87%) | (19.06%) | 14.48% |
| TOYO | TOYO Co., Ltd. | 211.88m | 4.94 | (4.63%) | 4.26 | 0.00% | — | — |
| SPWR | CSLM Acquisition Corp. | 78.60m | 0.25 | 4.17% | — | (3.77%) | 18.59% | — |
| TYGO | Tigo Energy, Inc. | 55.44m | 0.73 | (27.00%) | 4.87 | 11.94% | 15.30% | — |
| PN | PN Smart Energy Limited | 35.11m | 2.32 | (4.53%) | — | — | — | — |
| SPRU | Spruce Power Holding Corporation | 24.45m | 1.27 | (8.63%) | — | (6.76%) | 10.22% | — |
| FTCI | FTC Solar, Inc. | 23.39m | 1.27 | (7.97%) | — | (22.19%) | 36.32% | — |
| SMXT | Solarmax Technology, Inc. | 17.97m | 3.79 | (8.01%) | — | (7.91%) | 284.69% | — |
| BEEM | Beam Global | 16.15m | 0.70 | (10.26%) | — | (64.60%) | (20.49%) | — |
| ASTI | Ascent Solar Technologies Inc. | 14.48m | 1.51 | (12.72%) | — | (4,236.98%) | 364.08% | — |
| ZEO | Zeo Energy Corp. | 14.15m | 0.21 | (16.00%) | — | (15.43%) | 10.17% | — |
| SUNE | SUNation Energy Inc. | 13.03m | 1.97 | (13.60%) | — | (8.48%) | 10.34% | — |
| MAXNQ | Maxeon Solar Technologies, Ltd. | 12.86m | 0.00 | 0.00% | — | (120.68%) | (54.68%) | — |
| VSTTF | Vast Renewables Limited | 4.20m | 0.00 | 0.00% | — | 0.00% | — | — |
| SUNWQ | Sunworks, Inc. | 3.41m | 0.00 | 0.00% | — | (40.36%) | 10.63% | — |
| SNSC | SunScout Holding Limited | — | 0.75 | (12.79%) | — | — | — | — |