Valuation of First Solar Inc. : a fundamental analysis of a solar company

Abstract

The thesis conducts analysis and valuation of First Solar Inc, a renowned U.S. based solar company. The study employs theory in valuation and practical insights in profession to gauge a fair value estimate for First Solar after considering its present and potential aspects in business, financials, industry and environment. Additionally, necessary assumptions are made in the process. The results of fundamental valuation for the company reveal that it is overvalued at current levels.