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FSLR vs. TER: First Solar vs. Teradyne Stock Comparison

How do First Solar (FSLR) and Teradyne (TER) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

First Solar (FSLR) and Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though FSLR is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.

Company profile comparison for First Solar (FSLR) and Teradyne (TER)
Profile ItemFSLRTER
NameFirst Solar Inc.Teradyne, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductor Materials & Equipment
Market Capitalization21.62 billion USD34.07 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateNovember 17, 2006February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FSLR
TER
GSPC
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First Solar (FSLR) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for First Solar (FSLR) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for First Solar (FSLR) and Teradyne (TER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Total Return (1Y)-28.81%31.13%
Total Return (3Y, Annualized)12.86%41.60%
Total Return (5Y, Annualized)10.80%10.83%

Risk Profile

Drawdown History

FSLR
TER
GSPC
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First Solar (FSLR) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for First Solar (FSLR) and Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Volatility (1Y, Annualized)52.55%78.35%
Beta (5Y)1.671.78
Max Drawdown (5Y)-59.97%-59.12%
Avg. Volume (3M)2.40M3.01M

Risk-Adjusted Performance

Risk-Return Positioning

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FSLR and TER are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Sharpe Ratio (1Y)-0.630.34
Sortino Ratio (1Y)-0.850.48

Profitability

ROE (TTM)

Teradyne (TER) at 42.72% sits in the top ROE quartile, while First Solar (FSLR) at 18.71% is closer to the peer norm — stronger capital efficiency for TER.

FSLR

Semiconductors & Semiconductor Equipment industry group

18.71%

Max
52.82%
Q3
22.26%
FSLR
18.71%
Median
10.58%
Q1
1.29%
Min
-16.89%

TER

Semiconductors & Semiconductor Equipment industry group

42.72%

Max
52.82%
TER
42.72%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

First Solar (FSLR) at 37.12% retains a top-quartile share of revenue as profit, ahead of Teradyne (TER) at 27.46%, which keeps about the industry-typical share.

FSLR

Semiconductors & Semiconductor Equipment industry group

37.12%

Max
63.80%
FSLR
37.12%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%

TER

Semiconductors & Semiconductor Equipment industry group

27.46%

Max
63.80%
Q3
28.36%
TER
27.46%
Median
11.44%
Q1
0.90%
Min
-37.77%
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both First Solar (FSLR) at 44.37% and Teradyne (TER) at 30.87% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

FSLR

Semiconductors & Semiconductor Equipment industry group

44.37%

Max
58.66%
FSLR
44.37%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%

TER

Semiconductors & Semiconductor Equipment industry group

30.87%

Max
58.66%
TER
30.87%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
ROE (TTM)18.71%42.72%
ROA (TTM)8.60%21.59%
Net Margin (TTM)37.12%27.46%
Operating Margin (TTM)44.37%30.87%
Gross Margin (TTM)49.25%59.32%

Growth

Revenue Growth

Both First Solar (FSLR) at 24.09% and Teradyne (TER) at 13.13% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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First Solar (FSLR) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both First Solar (FSLR) at 18.22% and Teradyne (TER) at 4.52% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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First Solar (FSLR) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Revenue Growth (YoY)24.09%13.13%
Revenue Growth (3Y CAGR)25.84%0.37%
EPS Growth (YoY)18.22%4.52%
EPS Growth (3Y CAGR)---6.31%

Financial Strength

Current Ratio (MRQ)

First Solar (FSLR) at 2.57 keeps current ratio within its industry’s typical mid-range, while Teradyne (TER) at 2.08 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TER.

FSLR

Semiconductors & Semiconductor Equipment industry group

2.57

Max
10.33
Q3
5.62
Median
3.33
FSLR
2.57
Q1
2.35
Min
1.03

TER

Semiconductors & Semiconductor Equipment industry group

2.08

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
TER
2.08
Min
1.03
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both First Solar (FSLR) at 0.03 and Teradyne (TER) at 0.04 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

FSLR

Semiconductors & Semiconductor Equipment industry group

0.03

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
FSLR
0.03
Min
0.00

TER

Semiconductors & Semiconductor Equipment industry group

0.04

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
TER
0.04
Min
0.00
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Current Ratio (MRQ)2.572.08
Debt / Equity (MRQ)0.030.04
Net Debt / EBITDA-0.52-0.19

Dividends

Dividend Yield (TTM)

First Solar (FSLR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Teradyne (TER) reports a yield of 0.24%, ranking against industry peers normally.

FSLR

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
FSLR
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

TER

Semiconductors & Semiconductor Equipment industry group

0.24%

Max
1.37%
Q3
0.65%
TER
0.24%
Median
0.00%
Q1
0.00%
Min
0.00%
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

First Solar (FSLR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Teradyne (TER) reports a payout of 5.86%, ranking against industry peers normally.

FSLR

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
49.64%
Q3
21.71%
FSLR
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

TER

Semiconductors & Semiconductor Equipment industry group

5.86%

Max
49.64%
Q3
21.71%
TER
5.86%
Median
0.00%
Q1
0.00%
Min
0.00%
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
Dividend Yield (TTM)0.00%0.24%
Dividend Payout Ratio (TTM)0.00%5.86%

Valuation

P/E Ratio (TTM)

First Solar (FSLR) at 11.63 sits in the cheaper P/E ratio quartile, while Teradyne (TER) at 25.08 is closer to its industry’s usual earnings multiple — a discount for FSLR, though growth and earnings durability still matter.

FSLR

Semiconductors & Semiconductor Equipment industry group

11.63

Max
110.34
Q3
66.81
Median
37.02
Q1
23.96
FSLR
11.63
Min
8.12

TER

Semiconductors & Semiconductor Equipment industry group

25.08

Max
110.34
Q3
66.81
Median
37.02
TER
25.08
Q1
23.96
Min
8.12
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both First Solar (FSLR) at 4.31 and Teradyne (TER) at 6.81 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FSLR

Semiconductors & Semiconductor Equipment industry group

4.31

Max
21.42
Q3
12.27
Median
5.76
FSLR
4.31
Q1
2.73
Min
0.00

TER

Semiconductors & Semiconductor Equipment industry group

6.81

Max
21.42
Q3
12.27
TER
6.81
Median
5.76
Q1
2.73
Min
0.00
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

First Solar (FSLR) at 1.99 looks cheap against book in the lower P/B ratio quartile, while Teradyne (TER) at 9.24 carries a premium in the upper quartile — a clear price-to-book gap.

FSLR

Semiconductors & Semiconductor Equipment industry group

1.99

Max
14.06
Q3
7.44
Median
4.29
Q1
2.30
FSLR
1.99
Min
0.20

TER

Semiconductors & Semiconductor Equipment industry group

9.24

Max
14.06
TER
9.24
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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First Solar (FSLR) vs. Teradyne (TER): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for First Solar (FSLR) and Teradyne (TER)
MetricFSLRTER
P/E Ratio (TTM)11.6325.08
P/S Ratio (TTM)4.316.81
P/B Ratio (MRQ)1.999.24
Free Cash Flow Yield (TTM)3.18%1.76%