CSIQ

Canadian Solar Inc. [CSIQ] Stock Forecast

Q: What is Canadian Solar Inc. stock symbol ?

Canadian Solar Inc. is a CA stock, located in Guelph of On and trading under the symbol CSIQ

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?

CSIQ Stock Summary

EPS has been increasing for the past 3 years (Yearly statements)

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

CSIQ has less than 1 year of cash runway

Debt-to-Equity ratio of 1.7 is considered moderate, deeper research suggested.

Top 10 Correlated ETFs

CSIQ

Top 10 Correlated Stocks

CSIQ

In the News

CSIQ Financial details

Company Rating

Neutral

Market Cap

1.02B

Income

274.19M

Revenue

7.61B

Book val./share

38.76

Cash/share

44.5

Dividend

Dividend %

Employees

18.42K

Optionable

Shortable

Yes

Earnings

22 May 2023

P/E

4.55

Forward P/E

PEG

3.4

P/S

0.2

P/B

0.64

P/C

0.34

P/FCF

-8.51

Quick Ratio

0.56

Current Ratio

1.16

Debt / Equity

1.7

LT Debt / Equity

0.45

EPS (TTM)

4.23

EPS next Y

EPS next Q

EPS this Y

12.33%

EPS next Y

EPS next 5Y

EPS last 5Y

7.79%

Revenue last 5Y

18.92%

Revenue Q/Q

-7.81%

EPS Q/Q

-106.36%

SMA20

-15.79%

SMA50

-27.27%

SMA100

-23.81%

Inst Own

42.9%

Inst Trans

0.86%

ROA

ROE

16%

ROC

0.1%

Gross Margin

18%

Oper. Margin

Profit Margin

Payout

Shs Outstand

Shs Float

Target Price

52W Range

15.725-45.29

52W High

-66.4%

52W Low

+0.8%

RSI

Rel Volume

2.13

Avg Volume

1.38M

Volume

2.94M

Perf Week

-19.32%

Perf Month

-25.7%

Perf Quarter

-25.92%

Perf Half Y

-33.25%

Beta

1.251

Volatility

0.78%, 1.66%

Prev Close

Price

15.12

Change

-2.26%

CSIQ Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	53.67	58.35	85.65	116.11	116.46
Net income per share	2.88	2.46	1.55	3.73	4.19
Operating cash flow per share	10.06	-2.02	-6.63	14.25	10.47
Free cash flow per share	5.18	-7.65	-13.6	4.49	-12.86
Cash per share	11.21	20.04	14.45	15.54	44.95
Book value per share	23.36	26.36	29.23	30.19	39.15
Tangible book value per share	22.49	30.35	33.05	34.53	56.68
Share holders equity per share	23.36	26.36	29.23	30.19	39.15
Interest debt per share	42	48.36	53.82	63.53	68.42
Market cap	1.32B	3.05B	1.93B	1.99B	1.71B
Enterprise value	3.07B	4.68B	4.32B	5.02B	3.25B
P/E ratio	7.68	20.81	20.24	8.28	6.25
Price to sales ratio	0.41	0.88	0.37	0.27	0.23
POCF ratio	2.2	-25.32	-4.72	2.17	2.5
PFCF ratio	4.27	-6.7	-2.3	6.89	-2.04
P/B Ratio	0.95	1.94	1.07	1.02	0.67
PTB ratio	0.95	1.94	1.07	1.02	0.67
EV to sales	0.96	1.35	0.82	0.67	0.43
Enterprise value over EBITDA	11.34	20.39	21.43	12.65	11.05
EV to operating cash flow	5.12	-38.85	-10.57	5.47	4.75
EV to free cash flow	9.95	-10.28	-5.15	17.39	-3.87
Earnings yield	0.13	0.05	0.05	0.12	0.16
Free cash flow yield	0.23	-0.15	-0.43	0.15	-0.49
Debt to equity	1.74	1.79	1.81	2.07	1.7
Debt to assets	0.44	0.43	0.44	0.44	0.37
Net debt to EBITDA	6.48	7.1	11.85	7.64	5.23
Current ratio	1.05	1.17	1.18	1.07	0.99
Interest coverage	1.37	0.29	-1.4	4.79	3.23
Income quality	3.6	-0.82	-3.72	3.07	2.5
Dividend Yield	0	0.01	0	0	0
Payout ratio	0.01	0.25	0	0	0
Sales general and administrative to revenue	0.08	0.06	0.06	0.05	0
Research and developement to revenue	0.01	0.01	0.01	0.01	0.01
Intangibles to total assets	0.02	0.01	0.01	0.01	0
Capex to operating cash flow	-0.49	2.78	1.05	-0.69	-2.23
Capex to revenue	-0.09	-0.1	-0.08	-0.08	-0.2
Capex to depreciation	-1.82	-1.6	-1.52	-2.68	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	38.89	38.22	31.89	50.34	60.78
ROIC	0.02	0	-0.01	0.05	0.04
Return on tangible assets	0.03	0.02	0.01	0.03	0.02
Graham Net	-44.47	-45.2	-50.48	-62.83	-55.95
Working capital	160.94M	597.47M	733.68M	385.89M	-49.73M
Tangible asset value	1.34B	1.81B	2.04B	2.22B	3.69B
Net current asset value	-789.21M	-458.25M	-490.08M	-1.09B	-2.38B
Invested capital	1.74	1.79	1.81	2.07	1.7
Average receivables	607.23M	568.97M	716.63M	1.06B	1.22B
Average payables	482.53M	550.17M	508.87M	654.15M	809.49M
Average inventory	408.05M	625.03M	944.18M	1.36B	1.45B
Days sales outstanding	67.54	57.29	61.39	60.41	57.99
Days payables outstanding	86.11	67.42	42.03	47.37	46.89
Days of inventory on hand	81.48	91.16	99.64	89.65	79.15
Receivables turnover	5.4	6.37	5.95	6.04	6.29
Payables turnover	4.24	5.41	8.68	7.71	7.78
Inventory turnover	4.48	4	3.66	4.07	4.61
ROE	0.12	0.09	0.05	0.12	0.11
Capex per share	-4.88	-5.62	-6.97	-9.76	-23.33

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	30.56	26.37	36.42	27.97	25.77
Net income per share	1.21	1.3	2.62	0.33	-0.02
Operating cash flow per share	6.13	2.11	4.46	2.39	2.89
Free cash flow per share	2.03	2.11	-0.46	-3.44	-4.36
Cash per share	15.5	13.14	30.99	29.1	44.5
Book value per share	30.1	31.74	37.7	37.78	38.76
Tangible book value per share	34.43	37.5	52.8	54.65	56.11
Share holders equity per share	30.1	31.74	37.7	37.78	38.76
Interest debt per share	62.51	70.9	76.42	69.15	66.51
Market cap	1.99B	2.57B	2.51B	1.62B	1.73B
Enterprise value	5.02B	6.27B	5.43B	4.24B	3.27B
P/E ratio	6.4	7.67	3.69	18.55	-312.43
Price to sales ratio	1.01	1.51	1.06	0.88	1.02
POCF ratio	5.04	18.89	8.67	10.29	9.06
PFCF ratio	15.26	18.89	-84.18	-7.16	-6.01
P/B Ratio	1.03	1.25	1.03	0.65	0.68
PTB ratio	1.03	1.25	1.03	0.65	0.68
EV to sales	2.55	3.69	2.3	2.3	1.92
Enterprise value over EBITDA	34.64	40.86	23.25	41.72	-292.82
EV to operating cash flow	12.71	46.14	18.75	26.84	17.11
EV to free cash flow	38.46	46.14	-182	-18.68	-11.35
Earnings yield	0.04	0.03	0.07	0.01	0
Free cash flow yield	0.07	0.05	-0.01	-0.14	-0.17
Debt to equity	2.07	2.22	2.01	1.82	1.7
Debt to assets	0.44	0.46	0.44	0.4	0.37
Net debt to EBITDA	20.89	24.13	12.49	25.73	-137.67
Current ratio	1.08	1.04	1.22	1.16	0.99
Interest coverage	6.72	7.12	7.36	2.77	-0.61
Income quality	4	1.62	1.47	2.53	-137.87
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.05	0.05	0.06	0.06	0
Research and developement to revenue	0.01	0.01	0.01	0.02	0.02
Intangibles to total assets	0.01	0	0	0	0
Capex to operating cash flow	-0.67	0	-1.1	-2.44	-2.51
Capex to revenue	-0.13	0	-0.14	-0.21	-0.28
Capex to depreciation	10.71	0	-4.38	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	28.59	30.44	47.13	16.79	4.28
ROIC	0.02	0.02	0.02	0.01	0
Return on tangible assets	0.01	0.01	0.02	0	0
Graham Net	-62.65	-73.38	-58.35	-63.12	-55.39
Working capital	430.13M	232.26M	1.31B	918.16M	-49.73M
Tangible asset value	2.22B	2.42B	3.43B	3.61B	3.69B
Net current asset value	-1.09B	-1.35B	-440.34M	-1.15B	-2.38B
Invested capital	2.07	2.22	2.01	1.82	1.7
Average receivables	1.21B	1.27B	1.45B	1.44B	1.25B
Average payables	859.97M	801.6M	784.26M	844.71M	866.25M
Average inventory	1.56B	1.6B	1.6B	1.48B	1.4B
Days sales outstanding	56.43	68.93	60.51	63.37	63.97
Days payables outstanding	44.66	51.91	36.06	53.76	49.19
Days of inventory on hand	84.52	108.76	71.69	83.8	83.04
Receivables turnover	1.6	1.31	1.49	1.42	1.41
Payables turnover	2.02	1.73	2.5	1.67	1.83
Inventory turnover	1.06	0.83	1.26	1.07	1.08
ROE	0.04	0.04	0.07	0.01	0
Capex per share	-4.1	0	-4.92	-5.83	-7.26

CSIQ Frequently Asked Questions

What is Canadian Solar Inc. stock symbol ?

Canadian Solar Inc. is a CA stock , located in Guelph of On and trading under the symbol CSIQ

What is Canadian Solar Inc. stock quote today ?

Canadian Solar Inc. stock price is $15.12 today.

Is Canadian Solar Inc. stock public?

Yes, Canadian Solar Inc. is a publicly traded company.

Something similar

Top by Market Cap

Top Correlated ETFs

Top Correlated Stocks

Similar Market Cap

Company Profile

Volume Average 1.38M
Market Capitalization 1.02B
Employee 18.42K
CEO Dr. Xiaohua Qu
Headquarters Guelph,ON,CA
IPO Date 2006-11-09
Website https://www.canadiansolar.com

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.