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 $42.9B. First Solar, Inc. (FSLR) is the largest at $18.7B, followed by Nextpower Inc. and Enphase Energy, Inc.. The median Solar stock trades at 10.9× trailing earnings, below the market median of 17.9×, with a median net margin of −8.48% (market: 0.55%). Median revenue growth over the last twelve months is 17.0%. 2 of the 26 pay a dividend; the median yield among payers is 1.05%.
Solar medians
| Metric | Industry | Market |
|---|---|---|
| P/E | 10.9× | 17.9× |
| P/S | 0.5× | 2.0× |
| P/B | 1.4× | 1.8× |
| Price to free cash flow | 9.9× | 14.0× |
| EV/EBITDA | 9.9× | 11.0× |
| EV/Sales | 0.7× | 2.2× |
| Earnings yield | 0.00% | 1.18% |
| Free cash flow yield | 0.00% | 0.48% |
| Gross margin | 31.9% | 46.3% |
| Operating margin | −9.70% | 0.00% |
| Net margin | −8.48% | 0.55% |
| Free cash flow margin | −2.95% | 0.00% |
| Return on equity | 5.34% | 1.76% |
| Return on assets | −5.36% | 0.00% |
| Return on invested capital | −5.27% | 0.00% |
| Revenue growth (TTM) | 17.0% | 7.41% |
| Revenue growth, 5-year CAGR | 14.0% | 8.85% |
| Net income growth, 5-year CAGR | 0.00% | 0.00% |
| Debt to equity | 0.1× | 0.2× |
| Current ratio | 1.3× | 1.6× |
| Net debt to EBITDA | 0.0× | 0.6× |
| Payout ratio | 0.0× | 0.0× |
| Market cap | $43.5M | $612.7M |
All 26 companies
Open in screener| FSLR | First Solar, Inc. | 18.69b | 177.71 | 3.22% | 10.93 | 32.47% | 23.82% | — |
|---|---|---|---|---|---|---|---|---|
| NXT | Nextpower Inc. | 12.19b | 80.85 | 1.10% | 20.31 | 16.36% | 16.97% | — |
| ENPH | Enphase Energy, Inc. | 4.39b | 32.40 | (1.28%) | 31.76 | 10.09% | (10.41%) | — |
| SEDG | SolarEdge Technologies, Inc. | 1.98b | 32.68 | 2.41% | 0.00 | (20.29%) | 41.65% | — |
| RUN | Sunrun Inc. | 1.90b | 8.11 | 4.24% | 4.74 | 11.59% | 63.23% | — |
| SHLS | Shoals Technologies Group, Inc. | 1.25b | 7.47 | 0.27% | 39.69 | 5.41% | 46.88% | — |
| DQ | DAQO New Energy Corp. | 774.82m | 11.47 | 0.17% | 0.00 | (34.50%) | (6.28%) | 1.15% |
| ARRY | Array Technologies, Inc. | 612.95m | 4.03 | 2.54% | 0.00 | (12.48%) | 1.18% | — |
| JKS | JinkoSolar Holding Company Limited | 486.01m | 9.67 | 0.00% | 0.00 | (5.87%) | (19.06%) | 0.95% |
| TOYO | TOYO Co., Ltd. | 187.97m | 4.47 | 2.76% | 3.85 | 0.00% | — | — |
| SPWR | CSLM Acquisition Corp. | 99.26m | 0.31 | 0.00% | 0.00 | (3.77%) | 18.59% | — |
| TYGO | Tigo Energy, Inc. | 73.02m | 0.86 | (2.27%) | 5.73 | 8.97% | 49.51% | — |
| FTCI | FTC Solar, Inc. | 45.60m | 2.66 | (0.75%) | 0.00 | (53.61%) | 59.53% | — |
| PN | PN Smart Energy Limited | 41.31m | 2.83 | 1.07% | — | — | — | — |
| SPRU | Spruce Power Holding Corporation | 38.12m | 1.94 | (3.00%) | 0.00 | (6.76%) | 10.22% | — |
| BEEM | Beam Global | 28.30m | 1.19 | (1.65%) | 0.00 | (64.60%) | (20.49%) | — |
| ASTI | Ascent Solar Technologies Inc. | 28.17m | 2.92 | 1.74% | 0.00 | (4,236.98%) | 364.08% | — |
| SPIEQ | SPI Energy Co., Ltd. | 24.21m | 0.00 | 0.00% | 0.00 | (11.75%) | 21.20% | — |
| ZEO | Zeo Energy Corp. | 23.63m | 0.38 | (2.56%) | 0.00 | (15.43%) | 10.17% | — |
| SUNE | SUNation Energy Inc. | 16.61m | 2.40 | (2.04%) | 0.00 | (8.48%) | 10.34% | — |
| MAXNQ | Maxeon Solar Technologies, Ltd. | 12.86m | 0.00 | 0.00% | 0.00 | (120.68%) | (54.68%) | — |
| SMXT | Solarmax Technology, Inc. | 10.67m | 2.32 | 5.45% | 0.00 | (5.40%) | 309.46% | — |
| 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%) | — |