FTCI - NASDAQ

FTC Solar, Inc.

FTC Solar, Inc.

FTCIยทNASDAQ

$5.39

+3.1%
EnergySolar

FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$86.27M
EPS-5.4900
P/E Ratio-0.98
Earnings Date08/04/2026
FTC Solar, Inc.

FTC Solar, Inc. Fair Value Envelope

FTCI ยท NASDAQ

Our analysis suggests that FTCI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $5.39, this represents a potential HIDDEN relative to our calculated worth for FTC Solar, Inc..

HIDDEN
Intrinsic Value
Current Price: $5.39

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$287.5M
+ Cash & Equivalents$21.1M
Firm Value-$266.4M
- Debt$33.9M
Equity Value-$300.3M
/ Shares Outstanding14,874,797B
DCF Value-$20
OVERVALUED BY 474%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$35.1M
-$36.8M
-$38.6M
-$40.5M
-$42.4M
-$44.5M
-$46.7M
-$48.9M
-$51.3M
-$53.8M
Maintenance CapEx
-$236.8K
-$248.3K
-$260.4K
-$273.1K
-$286.4K
-$300.4K
-$315.0K
-$330.4K
-$346.5K
-$363.4K
Owner Earnings
-$35.3M
-$37.0M
-$38.8M
-$40.7M
-$42.7M
-$44.8M
-$47.0M
-$49.3M
-$51.7M
-$54.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$32.7M
-$31.7M
-$30.8M
-$29.9M
-$29.1M
-$28.2M
-$27.4M
-$26.6M
-$25.8M
-$25.1M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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