Canadian Solar Stock Fundamentals
| L5A Stock | EUR 9.90 1.04 9.51% |
Canadian Solar fundamentals help investors to digest information that contributes to Canadian Solar's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Solar stock.
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Canadian Solar Company Return On Asset Analysis
Canadian Solar's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Canadian Solar Return On Asset | 0.0234 |
Most of Canadian Solar's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Solar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Canadian Solar has a Return On Asset of 0.0234. This is 100.81% lower than that of the Technology sector and 100.33% lower than that of the Solar industry. The return on asset for all Germany stocks is 116.71% lower than that of the firm.
Canadian Solar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Solar's current stock value. Our valuation model uses many indicators to compare Canadian Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Solar competition to find correlations between indicators driving Canadian Solar's intrinsic value. More Info.Canadian Solar is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canadian Solar is roughly 4.93 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canadian Solar's earnings, one of the primary drivers of an investment's value.Canadian Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Solar's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Solar could also be used in its relative valuation, which is a method of valuing Canadian Solar by comparing valuation metrics of similar companies.Canadian Solar is currently under evaluation in return on asset category among its peers.
Canadian Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0234 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 4.9 B | |||
| Shares Outstanding | 64.27 M | |||
| Shares Owned By Insiders | 21.39 % | |||
| Shares Owned By Institutions | 60.60 % | |||
| Price To Earning | 6.87 X | |||
| Price To Book | 1.22 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 5.28 B | |||
| Gross Profit | 926.46 M | |||
| EBITDA | 196.62 M | |||
| Net Income | 95.25 M | |||
| Cash And Equivalents | 370.15 M | |||
| Cash Per Share | 6.25 X | |||
| Total Debt | 748.31 M | |||
| Debt To Equity | 144.20 % | |||
| Current Ratio | 1.01 X | |||
| Book Value Per Share | 27.68 X | |||
| Cash Flow From Operations | (408.25 M) | |||
| Earnings Per Share | 2.66 X | |||
| Target Price | 46.38 | |||
| Number Of Employees | 13.54 K | |||
| Beta | 1.44 | |||
| Market Capitalization | 2.57 B | |||
| Total Asset | 7.39 B | |||
| Z Score | 1.8 | |||
| Net Asset | 7.39 B |
About Canadian Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company was founded in 2001 and is headquartered in Guelph, Canada. CANADIAN SOLAR operates under Solar classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12442 people.
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Additional Information and Resources on Investing in Canadian Stock
When determining whether Canadian Solar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Solar Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Solar Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canadian Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Canadian Stock please use our How to Invest in Canadian Solar guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.