First Solar Stock Beneish M Score

FSLR Stock  USD 191.55  11.04  6.12%   
This module uses fundamental data of First Solar to approximate the value of its Beneish M Score. First Solar M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out First Solar Piotroski F Score and First Solar Altman Z Score analysis.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.
  
At this time, it appears that First Solar is an unlikely manipulator. The earnings manipulation may begin if First Solar's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by First Solar executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of First Solar's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About First Solar Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First 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.

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When determining whether First Solar is a strong investment it is important to analyze First Solar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Solar's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

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Is First Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Solar. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.