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Canadian Solar Inc

CSIQ | US

13.26

USD

0.16

1.18%

CSIQ | US

About Canadian Solar Inc

Sector

Technology

Industry

Solar

Earnings date

30/06/2024

As of date

24/03/2026

Close

13.26

Open

13.27

High

13.58

Low

12.79

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
111.8
Sharpe
0.28
Luna's Score
30/100
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

Price Below SMA10D

High Short-term Volatility

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%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

144.2%

1 month

111.8%

3 months

91.1%

6 months

108.1%

Returns

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

877.48M

MarketCap(USD)

877.48M

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

Range10D

6.59

Range1M

9.05

Range3M

13.67

Volumes: Market Activity

Rel. volume

1.17

Price X volume

40.36M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
ENVXENVXElectrical Equipment & Parts5.04914.11M0.40%n/a113.72%
FTC Solar Inc. Common StockFTCISolar4.71601.58M-6.73%n/a4.44%
ADSEADSEElectrical Equipment & Parts11566.45M4.41%n/a51.12%
Novus Capital Corporation IINRGVUtilities-Renewable3.69555.29M7.58%n/a0.69%
SLDPSLDPElectrical Equipment & Parts3.09553.00M-1.28%n/a1.98%
MVSTMVSTElectrical Equipment & Parts1.6507.02M0.63%n/a45.74%
TYGOTYGOSolar4.23255.82M8.46%2.2585.18%
SQL Technologies Corp. Common StockSKYXElectrical Equipment & Parts1.65167.62M-2.37%n/a462.18%
NeoVolta Inc. Common StockNEOVElectrical Equipment & Parts4.19139.30M7.44%n/a0.00%
DFLIDFLIElectrical Equipment & Parts2.09130.82M0.97%n/a926.38%
  • 1

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eHealth IncEHTHInsurance Brokers1.544.11M0.00%n/a11.59%
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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA16.06-Cheaper
Ent. to Revenue0.64-Cheaper
PE Ratio26.1516.64Expensive
Price to Book0.312.92Cheaper
Dividend Yield---
Std. Deviation (3M)91.08-Par
Debt to Equity-0.48-
Debt to Assets-0.40-
Market Cap877.48M-Emerging
  • 1

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