Mulya.ai
Ticker
FSLR
Scenario
Key Inputs
Revenue est.?Analysttaper yr5
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?11.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.692
Beta (levered) ?1.719
Terminal OM% ?28.7%
Segment conc. ?100% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 19.5%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

FSLR · First Solar, Inc.

$239.072026-07-21
Sector: Energy; Industry: Solar; Sub-Industry: Semiconductors

Intrinsic Value Range Comparison · Mulya.ai

Bull
$526
+120.2% vs market
Base · active
$281
+17.4% vs market
Bear
$225
-5.9% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $225
Market $239
Median $248
Base $281
Bull $526
Market Price $239
Mulya.ai Base $281
Analysts Median $248
Mulya.ai IV range ($225 · $526)
Analysts Range ($205 · $315)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$3.3B25.8%7.8%$791MM−$1.6B−$802MM11.2%14.3%$5.5B$7.72
2024.Q4$3.3B0.0%25.8%8.1%$788MM−$1.6B−$798MM11.6%12.8%$6.8B$7.72
2025.Q1$4.2B26.7%33.2%7.5%$1.3B−$2.3B−$977MM12.0%17.6%$7.8B$12.01
2025.Q4$4.2B0.0%33.2%3.3%$1.3B−$159MM$1.2B11.8%18.0%$7.2B$12.01
2026.Q1$5.4B28.8%33.2%3.1%$1.7B$376MM$2.1B11.8%23.1%$7.9B$15.4714.3
italics below = DCF projection · 10yr Rev CAGR: 6.3%
2027.Q1$5.3B+-3.1%32.9%4.8%$1.6B$0MM$1.6B11.4%$1.5B20.9%$7.9B$15.3115.6
2028.Q1$6.0B+15.1%37.7%6.5%$2.1B−$58MM$2.1B11.1%$1.7B26.9%$7.9B$19.8012.1
2029.Q1$6.7B+10.5%40.7%8.2%$2.5B−$89MM$2.4B10.8%$1.8B31.3%$8.0B$23.2110.3
2030.Q1$7.2B+7.6%41.1%9.8%$2.7B$0MM$2.7B10.6%$1.8B33.2%$8.0B$24.769.7
2031.Q1$7.7B+7.0%41.1%11.5%$2.8B$0MM$2.8B10.3%$1.7B34.9%$8.0B$26.019.2
Term. Yr+$10.4B4.1%28.8%20.0%$2.4B−$501MM$1.9B8.6%$15.9B19.5%
Active scenario IV: $281 (+17.4% vs market)