WallStSmart

First Solar Inc (FSLR)vsSpruce Power Holding Corp (SPRU)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

First Solar Inc generates 4732% more annual revenue ($5.22B vs $108.01M). FSLR leads profitability with a 29.3% profit margin vs -23.2%. FSLR earns a higher WallStSmart Score of 82/100 (A-).

FSLR

Exceptional Buy

82

out of 100

Grade: A-

Growth: 8.7Profit: 8.5Value: 10.0Quality: 6.3
Piotroski: 4/9Altman Z: 2.93

SPRU

Buy

52

out of 100

Grade: C-

Growth: 8.0Profit: 4.5Value: 5.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FSLRUndervalued (+65.8%)

Margin of Safety

+65.8%

Fair Value

$665.03

Current Price

$193.51

$471.52 discount

UndervaluedFair: $665.03Overvalued

Intrinsic value data unavailable for SPRU.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSLR6 strengths · Avg: 8.8/10
PEG RatioValuation
0.4910/10

Growing faster than its price suggests

Operating MarginProfitability
32.6%10/10

Strong operational efficiency at 32.6%

Profit MarginProfitability
29.3%9/10

Keeps 29 of every $100 in revenue as profit

P/E RatioValuation
13.6x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

EPS GrowthGrowth
32.3%8/10

Earnings expanding 32.3% YoY

SPRU3 strengths · Avg: 9.3/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
43.7%10/10

Revenue surging 43.7% year-over-year

Operating MarginProfitability
27.5%8/10

Strong operational efficiency at 27.5%

Areas to Watch

FSLR0 concerns · Avg: 0/10

No major concerns identified

SPRU4 concerns · Avg: 2.5/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$75.95M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-17.4%2/10

ROE of -17.4% — below average capital efficiency

Profit MarginProfitability
-23.2%1/10

Currently unprofitable

Comparative Analysis Report

WallStSmart Research

Bull Case : FSLR

The strongest argument for FSLR centers on PEG Ratio, Operating Margin, Profit Margin. Profitability is solid with margins at 29.3% and operating margin at 32.6%. Revenue growth of 11.1% demonstrates continued momentum.

Bull Case : SPRU

The strongest argument for SPRU centers on Price/Book, Revenue Growth, Operating Margin. Revenue growth of 43.7% demonstrates continued momentum.

Bear Case : FSLR

No major red flags identified for FSLR, but monitor valuation.

Bear Case : SPRU

The primary concerns for SPRU are EPS Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

FSLR profiles as a mature stock while SPRU is a hypergrowth play — different risk/reward profiles.

FSLR carries more volatility with a beta of 1.65 — expect wider price swings.

SPRU is growing revenue faster at 43.7% — sustainability is the question.

FSLR generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

FSLR scores higher overall (82/100 vs 52/100), backed by strong 29.3% margins and 11.1% revenue growth. Both earn "Exceptional Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

First Solar Inc

TECHNOLOGY · SOLAR · USA

First Solar, Inc. offers solar photovoltaic (PV) solutions in the United States, Japan, France, Canada, India, Australia, and internationally. The company is headquartered in Tempe, Arizona.

Spruce Power Holding Corp

TECHNOLOGY · SOLAR · USA

XL Fleet Corporation. The company is headquartered in Boston, Massachusetts.

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