Although governments all over the world are investing in green
energy and investors are increasingly watching the renewable energy
sector, valuation is still the key factor to getting the best bang from
your buck.
Following is a comparison among solar names (data from Yahoo Finance and Etrade). The undervalued indicator is calculated by current stock price dividedby 2010 EPS, with the lowest number meaning most undervalued. Several names appears to be most undervalued, though this may be caused by the company's under-exposure to investment circles. It should not take long for Wall Street to realize its value.
| Name | EPS Q3 | EPS2010 | Market Cap | PPS | PPS/EPS2010 | undervalued indicator # |
| JASO |
10c | 23c | $831M | $4.95 | 21.5 | 7 |
| SOLF |
37c | 117c | $370M | $7.47 | 6.38 | 1 |
| SOL |
-0.14c | 40c | $651M | $4.6 | 11.5 | 2 |
| STP |
16c | 66c | $2.7B | $17.05 | 25.75 | 9 |
| YGE |
12c | 76c | $2.3B | $16.03 | 21.1 | 8 |
| TSL | 129c | 328c | $1.5B | $49 | 14.9 | 5 |
| CSIQ |
69c | 185c | $1.1B | $23.79 | 12.4 | 3 |
| SPWR |
42c | 179c | $1.3B | $24.45 | 13.6 | 4 |
| FSLR | 179c | 658c | $11.5B | $135.18 | 20.5 | 6 |
Disclosure: long FSLR
