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Canadian Solar Inc. CSIQ
Energy - Solar - NASDAQ - CA
Watchlist
$ 10.35
-1.24 %
$ 685 M
Market Cap
-73.93
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one CSIQ stock under the worst case scenario is HIDDEN Compared to the current market price of 10.3 USD, Canadian Solar Inc. is HIDDEN

CSIQ Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one CSIQ stock under the base case scenario is HIDDEN Compared to the current market price of 10.3 USD, Canadian Solar Inc. is HIDDEN

CSIQ Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one CSIQ stock under the best case scenario is HIDDEN Compared to the current market price of 10.3 USD, Canadian Solar Inc. is HIDDEN

CSIQ Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CSIQ

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1M -7.0%
6M -57.0%
1Y -112.0%
3Y -156%
5Y -99%
All
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%
1.51 B REVENUE
-7.81%
Growth Rates
1Year 1.94%
3Years 29.86%
5Years 15.25%
7Years 15.05%
10Years 16.49%
294 K OPERATING INCOME
-99.38%
Growth Rates
1Year 27.32%
3Years 180.15%
5Years 4.45%
7Years 25.36%
10Years 13.23%
-6.07 M NET INCOME
-158.82%
Growth Rates
1Year -8.16%
3Years 23.03%
5Years 2.49%
7Years 22.76%
10Years 19.66%
-231 M OPERATING CASH FLOW
46.20%
Growth Rates
1Year -25.31%
3Years 97.29%
5Years 25.92%
7Years 23.82%
10Years 11.55%
-497 M INVESTING CASH FLOW
-25.55%
Growth Rates
1Year -165.10%
3Years -73.57%
5Years -125.64%
7Years -6.98%
10Years -46.18%
1.27 B FINANCING CASH FLOW
589.99%
Growth Rates
1Year 378.92%
3Years 35.59%
5Years 45.08%
7Years 6.75%
10Years 35.95%
Balance Sheet Canadian Solar Inc.
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Current Assets 6.1 B
Cash & Short-Term Investments 1.94 B
Receivables 1.21 B
Other Current Assets 2.95 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.
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Revenue 7.61 B
Cost Of Revenue 6.33 B
Gross Profit 1.28 B
Operating Expenses 825 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%
4.30% ROIC
4.30%
Averages
1Year 4.30%
3Years 2.49%
5Years 1.98%
7Years 3.24%
10Years 4.61%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Canadian Solar Inc.
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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.
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Wall Street analysts predict an average 1-year price target for CSIQ of $19 , with forecasts ranging from a low of $11 to a high of $27 .
CSIQ Lowest Price Target Wall Street Target
11 USD 6.28%
CSIQ Average Price Target Wall Street Target
19 USD 83.57%
CSIQ Highest Price Target Wall Street Target
27 USD 160.87%
4. DIVIDEND ANALYSIS
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.

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-371 USD
MAXN
Overvalued 6133.69%

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

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-94.1 USD
SEDG
Overvalued 788.09%

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.

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-1.32 K USD
NOVA
Overvalued 49088.65%

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.

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82.3 USD
ENPH
Undervalued 29.47%

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

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-359 USD
RUN
Overvalued 3957.41%

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.

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-316 USD
FSLR
Overvalued 288.66%
6. Ownership
Insider Ownership Canadian Solar Inc.
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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
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. zacks.com - 1 week ago
Canadian Solar Opens New and Expanded Global Headquarters in Ontario, Canada KITCHENER, ON , Jan. 15, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), a global leader in solar power and renewable energy solutions, today announced the opening of its new global headquarters in Ontario, Canada. Founded in 2001 by Dr. Shawn Qu in Guelph, Canadian Solar has grown from a visionary startup into a global powerhouse with around 20,000 employees and operations in more than 20 countries worldwide. prnewswire.com - 2 weeks ago
Canadian Solar to Supply 2 GWh Battery Energy Storage in Scotland CSIQ has inked a deal with CIP to supply 2 GWh DC of battery energy storage systems for two significant projects in Scotland. zacks.com - 3 weeks ago
Green Stock News for January 8, 2025: $PONY $CSIQ $EVTL $VLCN Welcome to the Green Stock News brief for Wednesday January 8th. Here are today's top headlines: Pony.ai (NASDAQ: PONY) announced plans to provide driverless transportation services at Hong Kong International Airport, marking a significant step in expanding its autonomous mobility offerings in the Hong Kong market. youtube.com - 3 weeks ago
Canadian Solar's e-STORAGE to Deliver 2 GWh of Energy Storage Systems in the UK for Copenhagen Infrastructure Partners KITCHENER, ON , Jan. 8, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has signed contracts with Copenhagen Infrastructure Partners (CIP), through its flagship fund CI IV. prnewswire.com - 3 weeks ago
3 Solar Stocks to Watch Amid Solid Installation Trend in US The US solar industry should benefit from IRA-induced investments amid cost competition with China. You may keep ENPH, NXT & CSIQ in your portfolio. zacks.com - 3 weeks ago
4 Solar Stocks That Might Beat the Market in 2025 Global solar installations are estimated to fall 0.4% from the year-earlier level to 492 gigawatts in 2025. Yet, you can keep FSLR, ENPH, NXT and CSIQ on the watchlist. zacks.com - 1 month ago
Onshoring Brightens Canadian Solar's Future Canadian Solar faces near-term challenges from political risks, tariffs, and Chinese oversupply, impacting margins and cash flows until at least 2026. Despite short-term issues, long-term growth is driven by global electrification and AI-driven energy consumption, making the stock undervalued compared to its parts. Estimated fair value for CSIQ is $87.26, with significant potential from CSI Solar and Recurrent Energy's shift to a utility-like model. seekingalpha.com - 1 month ago
Micro-Inverters Strategic Business Report 2024, with Coverage of Major Players such as ABB, Altenergy Power System, Canadian Solar, Chilicon Power, Darfon Electronics and More The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%. The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%. globenewswire.com - 1 month ago
SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025. benzinga.com - 1 month ago
Canadian Solar to Supply 315 MWh Battery Energy Storage in Texas CSIQ plans to deliver 315 MWh DC of battery storage solutions in Texas and sell up to 2 GWp of high-efficiency solar modules for various Sunraycer projects. zacks.com - 1 month ago
Green Stock News for December 12, 2024: $DEVS $CSIQ $EXROF $SMXT Welcome to the green stock news brief for Thursday, December 12th. Here are today's top headlines: DevvStream (NASDAQ: DEVS) and SEER have launched a Carbon Management Program to generate and monetize high-quality carbon credits through biogas capture, and carbon sequestration technologies, targeting the growing $10 billion U.S. market. youtube.com - 1 month ago
8. Profile Summary

Canadian Solar Inc. CSIQ

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COUNTRY CA
INDUSTRY Solar
MARKET CAP $ 685 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. Ismael Guerrero Arias Chief Executive Officer of Recurrent Energy Mr. Yan Zhuang President of CSI Solar & Director Dr. Xiaohua Qu Ph.D. Chairman, President & Chief Executive Officer Dr. Huifeng Chang Ph.D. Senior Vice President, Chief Strategy Officer & Director Mr. Kah Locke Tham Corporate Secretary & Corporate Controller Ms. Mary Ma Senior Supervisor of Investor Relations Ms. Wina Huang Head of Investor Relations Mr. Ed Job CFA, M.Sc. Managing Director of Investor Relations Mr. Xinbo Zhu Senior Vice President & Chief Financial Officer Mr. Jeffrey Kalikow Interim Chief Compliance Officer