Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL): Price and Financial Metrics
Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL)
Today's Latest Price: $1.20 USD
Updated Jul 2 4:10pm
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Industry Rank:
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SOL Stock Summary
- With a year-over-year growth in debt of -83.47%, ReneSola Ltd's debt growth rate surpasses just 2.37% of about US stocks.
- Revenue growth over the past 12 months for ReneSola Ltd comes in at -90.71%, a number that bests only 1.12% of the US stocks we're tracking.
- ReneSola Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 95.49%, greater than the shareholder yield of 96.56% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to ReneSola Ltd are NMM, SATS, OMAB, OTEL, and ERI.
- Visit SOL's SEC page to see the company's official filings. To visit the company's web site, go to www.renesolapower.com.
SOL Stock Price Chart Technical Analysis Charts
SOL Price/Volume Stats
| Current price | $1.20 | 52-week high | $2.09 |
| Prev. close | $1.22 | 52-week low | $0.85 |
| Day low | $1.20 | Volume | 32,168 |
| Day high | $1.25 | Avg. volume | 56,580 |
| 50-day MA | $1.08 | Dividend yield | N/A |
| 200-day MA | $1.30 | Market Cap | 45.71M |
Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL) Company Bio
ReneSola Ltd. manufactures and sells various solar power products. The company was founded in 2005 and is based in Yaozhuang Town, China.
SOL Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $1.20 | $1.74 | 51% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ReneSola Ltd. To summarize, we found that ReneSola Ltd ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 51.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of ReneSola Ltd, consider:
- ReneSola Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 44 -- greater than 93.68% of US stocks with positive free cash flow.
- ReneSola Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.16. This coverage rate is greater than that of only 23.95% of stocks we're observing for the purpose of forecasting via discounted cash flows.
- The weighted average cost of capital for the company is 10. This value is greater than 87.51% stocks in the Technology sector that generate free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 48% |
| 1% | 49% |
| 2% | 51% |
| 3% | 52% |
| 4% | 54% |
| 5% | 55% |
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SOL, try CYBR, TSM, OTEX, ZBRA, and CPSI.
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