First Solar Stock

First Solar EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of First Solar (FSLR) as of Jul 25, 2026 is 12.73. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 15.36 — a change of -17.17% (lower).

EV/EBIT

12.73

YoY

-17.17%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of First Solar is 2026 12.73 . EV/EBIT (Enterprise Value to EBIT) of First Solar was 2025 15.36 . It decreases by -17.17% lower compared to the previous year.

The First Solar EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
-36.47 base
Jan 1, 2020
33.32 base
Jan 1, 2021
15.90 base
Jan 1, 2022
-586.30 base
Jan 1, 2023
21.62 base
Jan 1, 2024
13.60 base
Jan 1, 2025
16.70 base
Jan 1, 2026 (e)
11.21 base
YEARPRICE-TO-EBIT
2026 est 11.21
2025 16.70
2024 13.60
2023 21.62
2022 -586.30
2021 15.90
2020 33.32
2019 -36.47
2018 112.00
2017 39.65
2016 -5.87
2015 9.24
2014 10.73
2013 14.94
2012 -72.74
2011 -42.32
2010 15.03
2009 16.94
2008 25.85
2007 151.84
2006 -
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First Solar Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides First Solar's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates First Solar's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots First Solar's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if First Solar grows earnings faster than its peers.

First Solar Stock analysis

What does First Solar do? First Solar Inc. is a global company that was founded in 1999 and is based in Tempe, Arizona. The company specializes in the development, manufacturing, and marketing of photovoltaic modules, as well as the planning, construction, and maintenance of photovoltaic power plants. First Solar distinguishes itself from many other solar companies by focusing on the CdTe technology, which offers advantages in terms of cost, energy efficiency, and environmental sustainability compared to conventional silicon-based solar cells. The company's main business areas include the development and sale of photovoltaic modules, as well as the planning, construction, and maintenance of photovoltaic power plants. It operates worldwide, with a focus on the North American, European, and Asian markets. First Solar is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Solar stock

EV/EBIT (Enterprise Value to EBIT) of First Solar is 12.73 in 2026.

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Valuation — First Solar

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