Analyzing First Solar (NASDAQ:FSLR) & TOYO (NASDAQ:TOYO)

TOYO (NASDAQ:TOYO) and First Solar (NASDAQ:FSLR) are both energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, earnings, profitability, analyst recommendations, valuation and risk.

Volatility & Risk

TOYO has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, First Solar has a beta of 1.59, meaning that its share price is 59% more volatile than the S&P 500.

Profitability

This table compares TOYO and First Solar’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TOYO	N/A	N/A	N/A
First Solar	27.73%	16.61%	11.08%

Institutional and Insider Ownership

84.6% of TOYO shares are owned by institutional investors. Comparatively, 92.1% of First Solar shares are owned by institutional investors. 0.3% of TOYO shares are owned by company insiders. Comparatively, 0.5% of First Solar shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares TOYO and First Solar”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TOYO	$176.96 million	1.29	$40.61 million	N/A	N/A
First Solar	$4.21 billion	6.88	$1.29 billion	$13.02	20.71

First Solar has higher revenue and earnings than TOYO.

Analyst Recommendations

This is a summary of current ratings and recommmendations for TOYO and First Solar, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	0	1	0	0	2.00
First Solar	0	6	27	2	2.89

First Solar has a consensus price target of $271.27, indicating a potential upside of 0.58%. Given First Solar’s stronger consensus rating and higher probable upside, analysts clearly believe First Solar is more favorable than TOYO.

Summary

First Solar beats TOYO on 13 of the 13 factors compared between the two stocks.

About TOYO

TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.

About First Solar

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.