Canadian Solar Inc. (CSIQ), Discounted Cash Flow Valuation

Entreprise canadienne Solar Inc. (CSIQ) Profile

CA | Energy | Solar | NASDAQ
7.225 0.04 (0.63%)
Real-Time Price (USD)
Market Cap A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
481.75M
Revenue (ttm) The total amount of income generated by the sale of goods or services related to the company's primary operations.
6.17B
Net Income (ttm) The company's earnings for a period net of operating costs, taxes and interest.
762K
Shares Out Total number of common shares outstanding as of the latest date disclosed in a financial filing.
66.93M
EPS (ttm) Company's net earnings or losses from continuing operations on a per diluted share basis.
0.02
PE Ratio The price-to-earnings (PE) ratio is the ratio between a company's stock price and earnings per share. It measures the price of a stock relative to its profits.
Dividend Yield Measures the cash returned to shareholders by a firm as a percentage of the price they pay for each share of stock.
Exchange Name of stock exchange where the trading item trades.
NASDAQ
Avg Volume The average number of shares traded each day over the past 30 days.
1.92M
Open The opening trade price over the trading day.
7.29
Previous Close The last closing price.
7.18
Beta A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole.
1.33
1 day delta The range between the high and low prices over the past day.
7.15-7.37
52 weeks The range between the high and low prices over the past 52 weeks.
6.57-21.05

Total Valuation

Canadian Solar Inc. has a market cap or net worth of 481.75M. The enterprise value is 4.29B.
Market Cap (ttm) Market Capitalization
A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
481.75M
Enterprise Value (ttm) Enterprise Value
Enterprise value measures the total value of a company's outstanding shares, adjusted for debt and levels of cash and short-term investments.
Enterprise Value = Market Cap + Total Debt - Cash & Equivalents - Short-Term Investments
4.29B

Valuation Ratios

The trailing PE ratio is 432.26. Canadian Solar Inc.'s PEG ratio is -3.76.
PE Ratio (ttm) PE Ratio
The price-to-earnings (P/E) ratio is a valuation metric that shows how expensive a stock is relative to earnings.
PE Ratio = Stock Price / Earnings Per Share
432.26
PS Ratio (ttm) PS Ratio
The price-to-sales (P/S) ratio is a commonly used valuation metric. It shows how expensive a stock is compared to revenue.
PS Ratio = Market Capitalization / Revenue
0.08
PB Ratio (ttm) PB Ratio
The price-to-book (P/B) ratio measures a stock's price relative to book value. Book value is also called Shareholders' equity.
PB Ratio = Market Capitalization / Shareholders' Equity
0.11
P/FCF Ratio (ttm) P/FCF Ratio
The price to free cash flow (P/FCF) ratio is similar to the P/E ratio, except it uses free cash flow instead of accounting earnings.
P/FCF Ratio = Market Capitalization / Free Cash Flow
-0.19
PEG Ratio (ttm) PEG Ratio
The price/earnings to growth (PEG) ratio is calculated by dividing a company's PE ratio by its expected earnings growth.
PEG Ratio = PE Ratio / Expected Earnings Growth
-3.76

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.27, with a EV/FCF ratio of -1.67.
EV / Sales (ttm) EV / Sales Ratio
The enterprise value to sales (EV/Sales) ratio is similar to the price-to-sales ratio, but the price is adjusted for the company's debt and cash levels.
EV/Sales Ratio = Enterprise Value / Revenue
0.69
EV / EBITDA (ttm) EV / EBIT Ratio
The EV/EBITDA ratio measures a company's valuation relative to its EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization.
EV/EBITDA Ratio = Enterprise Value / EBITDA
10.27
EV / EBIT (ttm) EV/EBIT Ratio
The EV/EBIT is a valuation metric that measures a company's price relative to EBIT, or Earnings Before Interest and Taxes.
EV/EBIT Ratio = Enterprise Value / EBIT
-5.63
EV / FCF (ttm) EV/FCF Ratio
The enterprise value to free cash flow (EV/FCF) ratio is similar to the price to free cash flow ratio, except the price is adjusted for the company's cash and debt.
EV/FCF Ratio = Enterprise Value / Free Cash Flow
-1.67

Financial Efficiency

Return on equity (ROE) is 0.03% and return on invested capital (ROIC) is 0.69%.
Return on Equity (ROE) (ttm) Return on Equity (ROE)
Return on equity (ROE) is a profitability metric that shows how efficient a company is at using its equity (or "net" assets) to generate profits. It is calculated by dividing the company's net income by the average shareholders' equity over the past 12 months.
ROE = (Net Income / Average Shareholders' Equity) * 100%
0.03%
Return on Assets (ROA) (ttm) Return on Assets (ROA)
Return on assets (ROA) is a metric that measures how much profit a company is able to generate using its assets. It is calculated by dividing net income by the average total assets for the past 12 months.
ROA = (Net Income / Average Total Assets) * 100%
0.01%
Return on Capital (ROIC) (ttm) Return on Capital (ROIC)
Return on invested capital (ROIC) measures how effective a company is at investing its capital in order to increase profits. It is calculated by dividing the EBIT (Earnings Before Interest & Taxes) by the average invested capital in the previous year.
ROIC = (EBIT / Average Invested Capital) * 100%
0.69%
Asset Turnover Asset Turnover
The asset turnover ratio measures the amount of sales relative to a company's assets. It indicates how efficiently the company uses its assets to generate revenue.
Asset Turnover Ratio = Revenue / Average Assets
Inventory Turnover (ttm) Inventory Turnover
The inventory turnover ratio measures how many times inventory has been sold and replaced during a time period.
Inventory Turnover Ratio = Cost of Revenue / Average Inventory
4.1

Margins

Trailing 12 months gross margin is 16.13%, with operating and profit margins of 1.02% and 0.01%.
Gross Margin (ttm) Gross Margin
Gross margin is the percentage of revenue left as gross profits, after subtracting cost of goods sold from the revenue.
Gross Margin = (Gross Profit / Revenue) * 100%
16.13%
Operating Margin (ttm) Operating Margin
Operating margin is the percentage of revenue left as operating income, after subtracting cost of revenue and all operating expenses from the revenue.
Operating Margin = (Operating Income / Revenue) * 100%
1.02%
Pretax Margin (ttm) Pretax Margin
Pretax margin is the percentage of revenue left as profits before subtracting taxes.
Pretax Margin = (Pretax Income / Revenue) * 100%
0.81%
Profit Margin (ttm) Profit Margin
Profit margin is the percentage of revenue left as net income, or profits, after subtracting all costs and expenses from the revenue.
Profit Margin = (Net Income / Revenue) * 100%
0.01%
EBITDA Margin (ttm) EBITDA Margin
EBITDA margin is the percentage of revenue left as EBITDA, after subtracting all expenses except interest, taxes, depreciation and amortization from revenue.
EBITDA Margin = (EBITDA / Revenue) * 100%
6.76%

Income Statement

In the last 12 months, Canadian Solar Inc. had revenue of 6.17B and earned 762K in profits. Earnings per share (EPS) was 0.02.
Revenue (ttm) Revenue
Revenue is the amount of money a company receives from its main business activities, such as sales of products or services. Revenue is also called sales.
6.17B
Gross Profit (ttm) Gross Profit
Gross profit is a company’s profit after subtracting the costs directly linked to making and delivering its products and services.
Gross Profit = Revenue - Cost of Revenue
995.69M
Operating Income (ttm) Operating Income
Operating income is the amount of profit in a company after paying for all the expenses related to its core operations.
Operating Income = Revenue - Cost of Revenue - Operating Expenses
63.13M
Pretax Income (ttm) Pretax Income
Pretax income is a company's profits before accounting for income taxes.
Pretax Income = Net Income + Income Taxes
49.88M
Net Income (ttm) Net Income
Net income is a company's accounting profits after subtracting all costs and expenses from the revenue. It is also called earnings, profits or "the bottom line"
Net Income = Revenue - All Expenses
762K
EBITDA (ttm) EBITDA
EBITDA stands for "Earnings Before Interest, Taxes, Depreciation and Amortization." It is a commonly used measure of profitability.
EBITDA = Net Income + Interest + Taxes + Depreciation and Amortization
417.19M
EBIT (ttm) EBIT
EBIT stands for "Earnings Before Interest and Taxes" and is a commonly used measure of earnings or profits. It is similar to operating income.
EBIT = Net Income + Interest + Taxes
-225.34M
Earnings Per Share (EPS) (ttm) EPS (Diluted)
Earnings per share is the portion of a company's profit that is allocated to each individual stock. Diluted EPS is calculated by dividing net income by "diluted" shares outstanding.
Diluted EPS = Net Income / Shares Outstanding (Diluted)
0.02

Financial Position

The company has a trailing 12 months (ttm) current ratio of 1.06, with a ttm Debt / Equity ratio of 2.08.
Current Ratio (ttm) Current Ratio
The current ratio is used to measure a company's short-term liquidity. A low number can indicate that a company will have trouble paying its upcoming liabilities.
Current Ratio = Current Assets / Current Liabilities
1.06
Quick Ratio (ttm) Quick Ratio
The quick ratio measure a company's short-term liquidity. A low number indicates that the company may have trouble paying its upcoming financial obligations.
Quick Ratio = (Cash + Short-Term Investments + Accounts Receivable) / Current Liabilities
0.85
Debt / Equity (ttm) Debt / Equity Ratio
The debt-to-equity ratio measures a company's debt levels relative to its shareholders' equity or book value. A high ratio implies that a company has a lot of debt.
Debt / Equity Ratio = Total Debt / Shareholders' Equity
2.08
Debt / EBIT (ttm) Debt / EBIT Ratio
The debt-to-EBIT ratio is a company's debt levels relative to its trailing twelve-month EBIT. A high ratio implies that debt is high relative to the company's earnings.
Debt / EBIT Ratio = Total Debt / EBIT (ttm)
0.79

Dividends & Yields

This stock pays an annual dividend of 0, which amounts to a dividend yield of 0.00%.
Dividend Per Share (ttm) Dividend Per Share
Total amount paid to each outstanding share in dividends during the period.
0
Dividend Yield (ttm) Dividend Yield
The dividend yield is how much a stock pays in dividends each year, as a percentage of the stock price.
Dividend Yield = (Annual Dividends Per Share / Stock Price) * 100%
0.00%
Earnings Yield (ttm) Earnings Yield
The earnings yield is a valuation metric that measures a company's profits relative to stock price, expressed as a percentage yield. It is the inverse of the P/E ratio.
Earnings Yield = (Earnings Per Share / Stock Price) * 100%
0.23%
FCF Yield (ttm) FCF Yield
The free cash flow (FCF) yield measures a company's free cash flow relative to its price, shown as a percentage. It is the inverse of the P/FCF ratio.
FCF Yield = (Free Cash Flow / Market Cap) * 100%
-532.52%
Dividend Growth (YoY) Dividend Growth
The change in dividend payments per share, compared to the previous period.
Dividend Growth = ((Current Dividend / Previous Dividend) - 1) * 100%
0.00%
Payout Ratio (ttm) Payout Ratio
The payout ratio is the percentage of a company's profits that are paid out as dividends. A high ratio implies that the dividend payments may not be sustainable.
Payout Ratio = (Dividends Per Share / Earnings Per Share) * 100%
0.00%

Balance Sheet

The company has 2.17B in cash and 5.97B in debt, giving a net cash position of -3.8B.
Cash & Cash Equivalents Cash & Cash Equivalents
Cash and cash equivalents is the sum of "Cash & Equivalents" and "Short-Term Investments." This is the amount of money that a company has quick access to, assuming that the cash equivalents and short-term investments can be sold at a short notice.
Cash & Cash Equivalents = Cash & Equivalents + Short-Term Investments
2.17B
Total Debt Total Debt
Total debt is the total amount of liabilities categorized as "debt" on the balance sheet. It includes both current and long-term (non-current) debt.
Total Debt = Current Debt + Long-Term Debt
5.97B
Net Cash Net Cash / Debt
Net Cash / Debt is an indicator of the financial position of a company. It is calculated by taking the total amount of cash and cash equivalents and subtracting the total debt.
Net Cash / Debt = Total Cash - Total Debt
-3.8B
Book Value Shareholders' Equity
Shareholders’ equity is also called book value or net worth. It can be seen as the amount of money held by investors inside the company. It is calculated by subtracting all liabilities from all assets.
Shareholders' Equity = Total Assets - Total Liabilities
2.87B
Book Value Per Share (ttm) Book Value Per Share
Book value per share is the total amount of book value attributable to each individual stock. It is calculated by dividing book value (shareholders' equity) by the number of outstanding shares.
Book Value Per Share = Book Value / Shares Outstanding
89.12
Working Capital (ttm) Working Capital
Working capital is the amount of money available to a business to conduct its day-to-day operations. It is calculated by subtracting total current liabilities from total current assets.
Working Capital = Current Assets - Current Liabilities
369.06M

Cash Flow

In the last 12 months, operating cash flow of the company was -760.71M and capital expenditures -1.8B, giving a free cash flow of -2.57B.
Operating Cash Flow (ttm) Operating Cash Flow
Operating cash flow, also called cash flow from operating activities, measures the amount of cash that a company generates from normal business activities. It is the amount of cash left after all cash income has been received, and all cash expenses have been paid.
-760.71M
Capital Expenditures (ttm) Capital Expenditures
Capital expenditures are also called payments for property, plants and equipment. It measures cash spent on long-term assets that will be used to run the business, such as manufacturing equipment, real estate and others.
-1.8B
Free Cash Flow (ttm) Free Cash Flow
Free cash flow is the cash remaining after the company spends on everything required to maintain and grow the business. It is calculated by subtracting capital expenditures from operating cash flow.
Free Cash Flow = Operating Cash Flow - Capital Expenditures
-2.57B
FCF Per Share (ttm) Free Cash Flow Per Share
Free cash flow per share is the amount of free cash flow attributed to each outstanding stock.
FCF Per Share = Free Cash Flow / Shares Outstanding
-56.7

Canadian Solar Inc. News

Apr 9, 2025 - zacks.com
New Strong Sell Stocks for April 9th
CSIQ, ARMP and DAR have been added to the Zacks Rank #5 (Strong Sell) List on April 9, 2025....[read more]
Apr 1, 2025 - seekingalpha.com
Canadian Solar Vs JinkoSolar: Which Solar Giant Is The Smarter Buy Now?
Both Canadian Solar and JinkoSolar are facing significant challenges due to industry overcapacity, leading to lower solar panel prices and squeezed profit margins. Stock prices and valuations in the solar industry have reached multi-year lows, suggesting undervaluation and creating opportunities for those that are willing to dig deeper. Despite current challenges, the long-term outlook for solar energy is positive, driven by the global energy transition and decreasing costs....[read more]
Apr 1, 2025 - prnewswire.com
Canadian Solar and Flow Power to Install Innovative Anti-Hail Solar Panels
Canadian Solar's new anti-hail technology is set to be installed at a new South Australian solar BESS energy project by Flow Power, enhancing the resilience of solar energy in Australia's harsh climate. KITCHENER, ON , April 1, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its subsidiary in Australia and Flow Power, one of Australia's fastest growing energy retailers, have teamed up to deliver the first Flow Power solar project f...[read more]
Mar 31, 2025 - seekingalpha.com
Canadian Solar: Facing Headwinds While Navigating Strong Storage Demand
Canadian Solar remains resilient despite market headwinds, with strong storage business growth and diversified revenue streams offsetting module sales softness. The company faces challenges adapting to new technologies like TOPCon, incurring significant costs to update outdated manufacturing assets. Investments in U.S. manufacturing add uncertainty, with potential political and operational risks, but aim to reduce reliance on China....[read more]
Mar 26, 2025 - zacks.com
Canadian Solar Q4 Loss Wider Than Expected, Revenues Fall Y/Y
CSIQ's fourth-quarter revenues miss the Zacks Consensus Estimate by 3.7%. The top line also decreases 10.6% from the year-ago level....[read more]
Mar 25, 2025 - schaeffersresearch.com
Solar Stocks Rebound Despite Canadian Solar Earnings Miss
Canadian Solar Inc (NASDAQ:CSIQ) reported fourth-quarter earnings today, posting a steep loss of $1.47 per share -- far wider than the expected $0.03 loss....[read more]
Mar 25, 2025 - seekingalpha.com
Canadian Solar Inc. (CSIQ) Q4 2024 Earnings Call Transcript
Canadian Solar Inc. (NASDAQ:CSIQ ) Q4 2024 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Wina Huang - Head, Investor Relations Shawn Qu - Chairman & Chief Executive Officer Yan Zhuang - President, CSI Solar Ismael Guerrero - President, Recurrent Energy Xinbo Zhu - Senior Vice President & Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Praneeth Satish - Wells Fargo Maheep Mandloi - Mizuho Securities Alan Lau - Jefferies Vikram Bagri - Citi ...[read more]
Mar 25, 2025 - zacks.com
Canadian Solar (CSIQ) Reports Q4 Loss, Misses Revenue Estimates
Canadian Solar (CSIQ) came out with a quarterly loss of $1.47 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.02 per share a year ago....[read more]
Mar 25, 2025 - prnewswire.com
Canadian Solar Reports Fourth Quarter and Full Year 2024 Results
KITCHENER, ON , March 25, 2025 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter Highlights Highest single quarter of e-STORAGE shipments to date at 2.2 GWh....[read more]
Mar 24, 2025 - benzinga.com
Canadian Solar Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Canadian Solar Inc. CSIQ will release its first-quarter financial results, before the opening bell, on Tuesday, March 25....[read more]

Canadian Solar Inc. Details

Country CA
City Guelph
Address 545 Speedvale Avenue West
Ticker Symbol CSIQ
Exchange NASDAQ Global Select
IPO Date Nov 9, 2006
CEO Dr. Xiaohua Qu Ph.D.
Sector Energy
Industry Solar
Employees 22.23K

Canadian Solar Inc. Company Description

Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of solar and battery storage projects; operation of solar power plants; and sale of electricity. This segment also provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. As of January 31, 2021, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 445 MWp. The company serves distributors, system integrators, project developers, and installers/EPC companies. It sells its products primarily under its Canadian Solar brand name; and on an OEM basis. The company was incorporated in 2001 and is headquartered in Guelph, Canada.

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