image
Canadian Solar Inc. CSIQ
Energy - Solar - NASDAQ - CA
Watchlist
$ 10.99
-6.63 %
$ 727 M
Market Cap
23.38
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CSIQ stock under the base case scenario is HIDDEN Compared to the current market price of 11 USD, Canadian Solar Inc. is HIDDEN

CSIQ Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CSIQ

image
FINANCIALS
7.61 B REVENUE
1.94%
Growth Rates
1Year 1.94%
3Years 29.86%
5Years 15.25%
7Years 15.05%
10Years 16.49%
453 M OPERATING INCOME
27.32%
Growth Rates
1Year 27.32%
3Years 180.15%
5Years 4.45%
7Years 25.36%
10Years 13.23%
274 M NET INCOME
-8.16%
Growth Rates
1Year -8.16%
3Years 23.03%
5Years 2.49%
7Years 22.76%
10Years 19.66%
685 M OPERATING CASH FLOW
-25.31%
Growth Rates
1Year -25.31%
3Years 97.29%
5Years 25.92%
7Years 23.82%
10Years 11.55%
-1.67 B INVESTING CASH FLOW
-165.10%
Growth Rates
1Year -165.10%
3Years -73.57%
5Years -125.64%
7Years -6.98%
10Years -46.18%
2.05 B FINANCING CASH FLOW
378.92%
Growth Rates
1Year 378.92%
3Years 35.59%
5Years 45.08%
7Years 6.75%
10Years 35.95%
1.64 B REVENUE
23.05%
Growth Rates
1Year 1.94%
3Years 29.86%
5Years 15.25%
7Years 15.05%
10Years 16.49%
47.6 M OPERATING INCOME
34.72%
Growth Rates
1Year 27.32%
3Years 180.15%
5Years 4.45%
7Years 25.36%
10Years 13.23%
3.82 M NET INCOME
-69.06%
Growth Rates
1Year -8.16%
3Years 23.03%
5Years 2.49%
7Years 22.76%
10Years 19.66%
-429 M OPERATING CASH FLOW
-47.29%
Growth Rates
1Year -25.31%
3Years 97.29%
5Years 25.92%
7Years 23.82%
10Years 11.55%
-396 M INVESTING CASH FLOW
8.63%
Growth Rates
1Year -165.10%
3Years -73.57%
5Years -125.64%
7Years -6.98%
10Years -46.18%
184 M FINANCING CASH FLOW
-74.53%
Growth Rates
1Year 378.92%
3Years 35.59%
5Years 45.08%
7Years 6.75%
10Years 35.95%
Balance Sheet Decomposition Canadian Solar Inc.
image
Current Assets 5.81 B
Cash & Short-Term Investments 2.94 B
Receivables 1.21 B
Other Current Assets 1.67 B
Non-Current Assets 6.08 B
Long-Term Investments 277 M
PP&E 4.28 B
Other Non-Current Assets 1.53 B
Current Liabilities 5.86 B
Accounts Payable 814 M
Short-Term Debt 2.7 B
Other Current Liabilities 2.35 B
Non-Current Liabilities 2.33 B
Long-Term Debt 1.77 B
Other Non-Current Liabilities 554 M
EFFICIENCY
Earnings Waterfall Canadian Solar Inc.
image
Revenue 7.61 B
Cost Of Revenue 6.33 B
Gross Profit 1.28 B
Operating Expenses 911 M
Operating Income 453 M
Other Expenses 179 M
Net Income 274 M
RATIOS
16.81% GROSS MARGIN
16.81%
Averages
1Year 16.81%
3Years 16.99%
5Years 18.65%
7Years 18.96%
10Years 18.36%
5.95% OPERATING MARGIN
5.95%
Averages
1Year 5.95%
3Years 3.06%
5Years 2.65%
7Years 4.42%
10Years 5.37%
3.60% NET MARGIN
3.60%
Averages
1Year 3.60%
3Years 2.87%
5Years 3.64%
7Years 3.92%
10Years 4.28%
10.71% ROE
10.71%
Averages
1Year 10.71%
3Years 9.45%
5Years 10.00%
7Years 11.29%
10Years 14.08%
2.30% ROA
2.30%
Averages
1Year 2.30%
3Years 2.08%
5Years 2.33%
7Years 2.60%
10Years 3.11%
5.61% ROIC
5.61%
Averages
1Year 5.61%
3Years 3.07%
5Years 2.38%
7Years 3.64%
10Years 5.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Canadian Solar Inc.
image
Net Income 274 M
Depreciation & Amortization 307 M
Capital Expenditures -1.53 B
Stock-Based Compensation 55.3 M
Change in Working Capital -262 M
Others -163 M
Free Cash Flow -841 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Canadian Solar Inc.
image
Wall Street analysts predict an average 1-year price target for CSIQ of $20.2 , with forecasts ranging from a low of $11 to a high of $27 .
CSIQ Lowest Price Target Wall Street Target
11 USD 0.09%
CSIQ Average Price Target Wall Street Target
20.2 USD 83.80%
CSIQ Highest Price Target Wall Street Target
27 USD 145.68%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand.

image
0 USD
MAXN
Overvalued 100.00%

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide.

image
36.8 USD
SEDG
Undervalued 246.22%

Sunnova Energy International Inc. provides residential energy services in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services.

image
24.2 USD
NOVA
Undervalued 545.13%

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.

image
221 USD
ENPH
Undervalued 271.15%

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States.

image
34.9 USD
RUN
Undervalued 252.72%

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity.

image
-44.9 USD
FSLR
Overvalued 123.59%
6. Ownership
Insider Ownership Canadian Solar Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Canadian Solar May Surprise In Q3 Call After Stock Nosedives Post-Election Canadian Solar's shift to retaining solar power plants and battery storage aims for long-term gains, despite short-term EPS impacts and a current stock price drop. The company's vertical integration and new business model promise consistent profits from electricity sales, mitigating the volatility of solar panel manufacturing. Major project sales, like the Dominican Republic solar project, and increasing electricity sales are expected to boost Q3 earnings and future profitability. seekingalpha.com - 2 days ago
Canadian Solar Schedules Third Quarter 2024 Earnings Conference Call for December 5 GUELPH, ON , Nov. 7, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, December 5, 2024, at 8:00 a.m. U.S. Eastern Time (9:00 p.m. prnewswire.com - 1 week ago
Recurrent Energy to deliver 1,800 MWh of energy storage and 150 MWac of solar capacity to Arizona Public Service by 2026 Recurrent Energy's latest energy storage and solar tolling agreements with APS support Arizona's expanding energy needs GUELPH, ON and PHOENIX , Oct. 31, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today that it has signed two new tolling agreements with Arizona Public Service Company (APS). The 20-year tolling agreements encompass the Desert Bloom Storage and Papago Solar projects. prnewswire.com - 2 weeks ago
Recurrent Energy Announces Successful Operation of 134 MW Solar Project Autodesk, Inc., Biogen Inc., EMD Electronics and Wayfair Inc. are now purchasing renewable energy from the Texas project HOUSTON and GUELPH, ON , Oct. 31, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today that Liberty Solar, a 134 MW (100 MWac) solar project near Houston, Texas, has reached commercial operation. Liberty Solar is in Liberty County, Texas, about 50 miles northeast of Houston. prnewswire.com - 2 weeks ago
Canadian Solar: An Upcycle Is On The Horizon Canadian Solar is a risky but potentially rewarding short-term investment, with a projected 20% price increase in 2025 despite competition and geopolitical risks. The company is vertically integrated and diversified, with significant exposure to China, which could face tariff issues under a Trump presidency. Valuation metrics suggest Canadian Solar is undervalued, but its lower EBITDA growth and negative free cash flow margin make it less attractive than its peers. seekingalpha.com - 3 weeks ago
Canadian Solar Comments on Trina Solar Patent Infringement Complaint GUELPH, ON , Oct. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today issued the following comment: On October 8, 2024, Trina Solar Co., Ltd., ("Trina"), a Chinese competitor of Canadian Solar, filed a complaint for patent infringement in the U.S. District Court for the District of Delaware lawsuit against three of the Company's U.S. subsidiaries. prnewswire.com - 3 weeks ago
Canadian Solar Ranked #1 in Energy & Utilities on Newsweek's 2024 World's Most Trustworthy Companies List GUELPH, ON , Oct. 10, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar technology and renewable energy companies, is proud to be recognized as the most trustworthy company on Newsweek's World's Most Trustworthy Companies 2024 list in the Energy and Utilities sector. This ranking underscores Canadian Solar's commitment to transparency, reliability, and sustainability, and reflects our commitment to quality and customer service across the globe. prnewswire.com - 1 month ago
2 High-Risk, High-Reward Stocks I'd Buy Right Now These stocks aren't right for everyone, but if you have a high risk tolerance, they could be worth a closer look. fool.com - 1 month ago
2 Top Stocks We Just Bought: Here's Why (and Why You Might Want to, Too) Deep value, a mini-turnaround, and attractive prices. fool.com - 1 month ago
Canadian Solar's Arm Wins Deal to Supply 98MW/312MWh DC BESS in Chile CSIQ's subsidiary, CSI Solar, through its e-STORAGE division, secures a contract to supply a 98 MW/312 MWh DC BESS to the Huatacondo project in Chile. zacks.com - 1 month ago
Recurrent Energy Announces Closing of $500 Million Investment from BlackRock NEW YORK and GUELPH, Ontario , Oct. 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The transaction, announced in January 2024, has been completed following the receipt of the second and final payment. prnewswire.com - 1 month ago
Canadian Solar's ($CSIQ) e-STORAGE to Deliver 312 MWh Battery Energy Storage System Canadian Solar (NASDAQ: CSIQ) subsidiary, e-STORAGE, has secured an EPC contract to supply a 98 MW/312 MWh Battery Energy Storage System (BESS) project in Chile, with construction set to begin in 2025. e-STORAGE will integrate its SolBank 3.0 solution, managing all civil, mechanical, and electrical infrastructure. youtube.com - 1 month ago
8. Profile Summary

Canadian Solar Inc. CSIQ

image
COUNTRY CA
INDUSTRY Solar
MARKET CAP $ 727 M
Dividend Yield 0.00%
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.
Contact 545 Speedvale Avenue West, Guelph, ON, N1K 1E6 https://www.canadiansolar.com
IPO Date Nov. 9, 2006
Employees 22234
Officers Mr. Yan Zhuang President of CSI Solar & Director Mr. Xinbo Zhu Senior Vice President & Chief Financial Officer Mr. Ismael Guerrero Arias Chief Executive Officer of Recurrent Energy Ms. Zhang Zhang Director of Investor Relations & Strategic Analysis Mr. Ed Job CFA, M.Sc. Managing Director of Investor Relations Ms. Wina Huang Head of Investor Relations Mr. Jeffrey Kalikow Interim Chief Compliance Officer Mr. Kah Locke Tham Corporate Secretary & Corporate Controller Ms. Mary Ma Senior Supervisor of Investor Relations