FSLR vs. SKHY: First Solar vs. SK hynix Stock Comparison

Company Profile

First Solar (FSLR) and SK hynix (SKHY) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

First Solar (FSLR) has been public since November 17, 2006 with a meaningfully longer listed history, while SK hynix (SKHY) only listed on July 10, 2026 — long-window metrics on the SKHY side should be interpreted with caution.

First Solar (FSLR) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both FSLR and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

SK hynix (SKHY) at 92.54% clears its industry range for ROE, a sharper capital-efficiency signal than First Solar (FSLR) at 18.71%, which is closer to a typical peer reading.

SK hynix (SKHY) at 70.27% keeps the most of each sales dollar — above its industry’s net margin range — and First Solar (FSLR) at 37.12% also retains a top-quartile share.

SK hynix (SKHY) at 79.66% shows unusually strong operating efficiency — above its industry’s operating margin range — and First Solar (FSLR) at 44.37% also operates in the top quartile.

Profitability Metrics

Growth

SK hynix (SKHY) at 46.76% sits in the top revenue growth quartile, while First Solar (FSLR) at 24.09% is closer to the peer norm — faster top-line expansion for SKHY.

SK hynix (SKHY) at 112.46% sits in the top EPS growth quartile, while First Solar (FSLR) at 18.22% is closer to the peer norm — faster per-share earnings growth for SKHY.

Growth Metrics

Financial Strength

First Solar (FSLR) at 2.57 keeps current ratio within its industry’s typical mid-range, while SK hynix (SKHY) at 26.88 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

First Solar (FSLR) at 0.03 keeps leverage in the lower industry quartile, while SK hynix (SKHY) at 0.05 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

First Solar (FSLR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SK hynix (SKHY) reports a yield of 2,118.64%, ranking against industry peers normally.

Neither First Solar (FSLR) nor SK hynix (SKHY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

Both First Solar (FSLR) at 11.63 and SK hynix (SKHY) at 8.12 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

SK hynix (SKHY) at 0.00 sits in the cheaper P/S ratio quartile while First Solar (FSLR) at 4.31 prices around its industry’s middle — SKHY costs less per dollar of sales, though read it alongside growth and margins.

First Solar (FSLR) at 1.99 sits in the lower P/B ratio quartile against book while SK hynix (SKHY) at 3.95 is valued near its industry’s middle — FSLR is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics