Canadian Solar Inc. (CSIQ) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 20
- Profitability 5
- Business Quality 60
- Balance Sheet 30
- Cash Flow 60
Why this rating?
Health 29/100 — Avoid
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
Canadian Solar Inc. (CSIQ) is a Solar company in the Technology sector. Compound Radar rates Canadian Solar Inc. 29/100 (Avoid) due to solid business quality and elevated leverage.
Investment profile
- Quality Moderate
- Growth Soft
- Balance Sheet Stretched
Financial highlights
Valuation
- Forward P/E -4.35
- PEG 0.13
- EV/Revenue 1.64
Profitability
- Revenue Growth -28.7%
- Gross Margin 17.6%
- Operating Margin -5.9%
- Net Margin -3.7%
- ROE -6.0%
Financial strength
- Cash $1.46B
- Debt $7.31B
- Net Cash $-5.85B
- Free Cash Flow $-1.64B
- Current Ratio 1.03
Similar companies
Peers in Solar, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- First Solar, Inc. Solar FSLR$213.25 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Nextpower Inc. Solar NXT$85.45 75 Health 75 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Enphase Energy, Inc. Solar ENPH$38.83 63 Health 63 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Shoals Technologies Group, Inc. Solar SHLS$7.42 47 Health 47 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Array Technologies, Inc. Solar ARRY$4.70 47 Health 47 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- SolarEdge Technologies, Inc. Solar SEDG$36.43 42 Health 42 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Sunrun Inc. Solar RUN$9.22 39 Health 39 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Canadian Solar Inc. (CSIQ).