SolarEdge Technologies vs First Solar: Fair Value & Quality
Both stocks run through our valuation models. Here is how SolarEdge Technologies (SEDG) and First Solar (FSLR) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees First Solar as the more attractively valued of the two: SolarEdge Technologies trades at $32.18 versus a fair value of $19.18 (-40%), while First Solar trades at $224 versus $392 (+75%).
SolarEdge Technologies
SEDG · USD · Information Technology
-40%
upside to fair value
overvalued
Price$32.18
Fair Value$19.18
Quality52/100
First Solar
FSLR · USD · Information Technology
+75%
upside to fair value
undervalued
Price$224
Fair Value$392
Quality65/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
SolarEdge TechnologiesFirst Solar
Valuation
—P/E (TTM)14.7×
2.66×P/S (TTM)4.52×
7.94×P/B2.57×
—EV/EBITDA9.7×
4.61×PEG0.60×
Profitability
-29%Net margin31%
-15%Operating margin33%
-73%Return on equity18%
-5%Return on assets8%
Growth
42%Revenue growth (YoY)24%
-27.5%Avg. growth/yr (3Y)25.8%
-4.1%Avg. growth/yr (5Y)14.0%
Balance & size
0.78×Debt / equity0.03×
$3BMarket cap$24B
weakGrowth qualityhealthy
First Solar leads: 2 to 9 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
SolarEdge Technologiesof which business quality 50 · market factors 35First Solarof which business quality 66 · market factors 35
ProfitabilityMargins and returns on capital today
10
56
Quality GrowthAre margins and returns improving?
100
54
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
100
14
Low VolatilityCalm price path (market factor)
13
8
MomentumPrice trend over the last 3–12 months (market factor)
47
45
52W MomentumDistance to the 52-week high (market factor)
40
47
Net IssuanceBuybacks instead of dilution
53
80
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
SolarEdge Technologies
DCF Models$34.55
Multiples$20.69
Asset-Based$4.71
Growth DCF$35.54
4 of 7 models see the stock below the current price.
First Solar
DCF Models$463
Earnings-Based$310
Multiples$318
Asset-Based$59.47
Growth DCF$348
Economic Profit$202
Growth Earnings$471
3 of 24 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
SolarEdge Technologies
Bear $14.00Fair Value $19.18Bull $24.37
$32.18 = current price (white tick)
First Solar
Bear $224Fair Value $392Bull $485
$224 = current price (white tick)
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
SolarEdge Technologies · Information Technology
Quality score52 · below median
Fair value upside-40% · below median
First Solar · Information Technology
Quality score65 · Top 25%
Fair value upside+75% · Top 25%
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees First Solar as the more attractively valued of the two: SolarEdge Technologies trades at $32.18 versus a fair value of $19.18 (-40%), while First Solar trades at $224 versus $392 (+75%).
First Solar has the higher quality score (65/100).
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
