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Canadian Solar Inc

CSIQ | US

14.67

USD

1.16

8.59%

CSIQ | US
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About Canadian Solar Inc

Sector

Technology

Industry

Solar

Earnings date

30/06/2024

As of date

23/04/2026

Close

14.67

Open

13.37

High

14.87

Low

13.28

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 2023 this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 574 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. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph Canada.

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CSIQ | US

Risk
74.6
Sharpe
0.84
Luna's Score
37/100
Recommendation
Sell

Luna says (CSIQ | US)

What's Working

Strength based on increasing price with high volume

Value Stock (Price to Book < 3)

What's not Working

High 6-Month Volatility (>65%)

Smallcap (300M - 2B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

High Short percentage (> 15%)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

76.8%

1 month

74.6%

3 months

88.1%

6 months

104.1%

Returns

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Fundamental Ratios

PE

26.15

Fwd. PE

3.57

Price to book

0.31

Debt to equity

-

Debt to assets

-

Ent. to EBITDA

16.06

Ent. to rev.

0.64

PEG

0.14

Other Fundamentals

EBITDA

595.43M

MarketCap

970.79M

MarketCap(USD)

970.79M

Div. yield

-

Op. margin

2.91

Erngs. growth

-99.20

Rev. growth

-30.80

Ret. on equity

3.37

Short ratio

5.57

Short perc.

15.72

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

2.62

Range1M

3.04

Range3M

11.75

Volumes: Market Activity

Volume Averages

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Rel. volume

1.46

Price X volume

49.48M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Novus Capital Corporation IINRGVUtilities-Renewable4.46671.16M1.13%n/a0.69%
SLDPSLDPElectrical Equipment & Parts3.7662.16M-6.57%n/a1.98%
FTC Solar Inc. Common StockFTCISolar5.13655.22M-2.84%n/a4.44%
MVSTMVSTElectrical Equipment & Parts1.97624.27M-4.83%n/a45.74%
ADSEADSEElectrical Equipment & Parts11.73604.05M-2.17%n/a51.12%
TYGOTYGOSolar4.89295.74M1.03%2.2585.18%
DFLIDFLIElectrical Equipment & Parts2.08130.19M-3.70%n/a926.38%
SQL Technologies Corp. Common StockSKYXElectrical Equipment & Parts1.03104.64M-6.36%n/a462.18%
Erayak Power Solution Group Inc. Class A Ordinary SharesRAYAElectrical Equipment & Parts3.4797.16M-8.20%9.9010.73%
Novonix LimitedNVXElectrical Equipment & Parts0.74193.71M-6.19%n/a49.66%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA16.0642.50Cheaper
Ent. to Revenue0.642.62Cheaper
PE Ratio26.1516.64Expensive
Price to Book0.312.92Cheaper
Dividend Yield-14.73-
Std. Deviation (3M)88.1096.11Par
Debt to Equity-0.48-
Debt to Assets-0.40-
Market Cap970.79M1.93BEmerging
  • 1

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