Canadian Solar (NasdaqGS:CSIQ) Valuation Check After US$200 Million Convertible Notes For U.S. Manufacturing Expansion

Simply Wall St.01-12

AdvertisementWhy Canadian Solar’s new convertible notes matter for shareholders Canadian Solar (NasdaqGS:CSIQ) has completed and priced a US$200 million offering of 3.25% senior unsecured convertible ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2602690935?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/8212000-choice2-main-header/1585186783100","is_english":true,"pubTime":"2026-01-12 06:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2602690935","market":"hk","top_or_hot":-1,"title":"Canadian Solar (NasdaqGS:CSIQ) Valuation Check After US$200 Million Convertible Notes For U.S. Manufacturing Expansion","media":"Simply Wall St.","content":"<div>\n<p>AdvertisementWhy Canadian Solar’s new convertible notes matter for shareholders Canadian Solar (NasdaqGS:CSIQ) has completed and priced a US$200 million offering of 3.25% senior unsecured convertible ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/semiconductors/nasdaq-csiq/canadian-solar/news/canadian-solar-nasdaqgscsiq-valuation-check-after-us200-mill\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canadian Solar (NasdaqGS:CSIQ) Valuation Check After US$200 Million Convertible Notes For U.S. Manufacturing Expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanadian Solar (NasdaqGS:CSIQ) Valuation Check After US$200 Million Convertible Notes For U.S. Manufacturing Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-12 06:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/semiconductors/nasdaq-csiq/canadian-solar/news/canadian-solar-nasdaqgscsiq-valuation-check-after-us200-mill><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AdvertisementWhy Canadian Solar’s new convertible notes matter for shareholders Canadian Solar (NasdaqGS:CSIQ) has completed and priced a US$200 million offering of 3.25% senior unsecured convertible ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/semiconductors/nasdaq-csiq/canadian-solar/news/canadian-solar-nasdaqgscsiq-valuation-check-after-us200-mill\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4519","symbol_name":"光伏太阳能","start_time":0,"source_url":"https://simplywall.st/stocks/us/semiconductors/nasdaq-csiq/canadian-solar/news/canadian-solar-nasdaqgscsiq-valuation-check-after-us200-mill","article_id":"2602690935","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8212000-choice2-main-header/1585186783100"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/semiconductors/nasdaq-csiq/canadian-solar/news/canadian-solar-nasdaqgscsiq-valuation-check-after-us200-mill","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2602690935","pubTimestamp":1768169802,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Why Canadian Solar’s new convertible notes matter for shareholders\nCanadian Solar (NasdaqGS:CSIQ) has completed and priced a US$200 million offering of 3.25% senior unsecured convertible notes due 2031. The proceeds are earmarked for U.S. manufacturing, battery energy storage projects, solar initiatives, and general corporate use.\nSee our latest analysis for Canadian Solar.\nThe new US$200 million convertible notes come after a sharp 23.73% 7 day share price decline and a 14.44% 30 day share...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4519":"光伏太阳能","CSIQ":"阿特斯太阳能","BK4526":"热门中概股","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4141":"半导体产品"},"translate_title":"阿特斯阳光电力（纳斯达克GS：CSIQ）为美国制造业扩张发行2亿美元可转换票据后进行估值检查","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSIQ":1.99},"content_text":"AdvertisementWhy Canadian Solar’s new convertible notes matter for shareholders Canadian Solar (NasdaqGS:CSIQ) has completed and priced a US$200 million offering of 3.25% senior unsecured convertible notes due 2031. The proceeds are earmarked for U.S. manufacturing, battery energy storage projects, solar initiatives, and general corporate use. See our latest analysis for Canadian Solar. The new US$200 million convertible notes come after a sharp 23.73% 7 day share price decline and a 14.44% 30 day share price return, even as the 90 day share price return is 36.58% and the 1 year total shareholder return is 58.72%. This points to longer term momentum contrasting with recent weakness as investors reassess both growth potential and risk ahead of Canadian Solar’s expanded U.S. manufacturing and battery storage plans. If you are comparing Canadian Solar with other clean energy names, this could be a useful moment to see which peers in tech heavy renewables stand out through high growth tech and AI stocks. With Canadian Solar trading at US$19.38 and showing mixed returns across different timeframes, along with an intrinsic discount of roughly 5%, the real question is whether markets are overlooking future upside or already pricing in growth. Most Popular Narrative: 16.9% Undervalued With Canadian Solar last closing at US$19.38 against an implied fair value of about US$23.33, the most followed narrative sees meaningful upside baked into its long range storage and solar build out.  The company's forward integration into battery storage, with plans to expand BESS manufacturing capacity from 10 GWh to 24 GWh by 2026 and battery cell capacity from 3 GWh to 9 GWh, positions Canadian Solar to capture higher-margin business and increase average order value, positively impacting future net margins and earnings.  Read the complete narrative. Curious what sits behind that higher margin story and higher fair value? It rests on specific revenue ramps, margin shifts, and a future earnings multiple that might surprise you. The full narrative lays out each assumption and how they stack together for that US$23.33 figure. Result: Fair Value of $23.33 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this higher fair value story still hinges on policy and trade questions, with U.S. tax credit changes and tariff actions both potential spoilers. Find out about the key risks to this Canadian Solar narrative. Another Way To Look At Value That 16.9% upside story sits next to a very different message from earnings based valuation. Canadian Solar trades on a P/E of 80.5x, compared with 61.1x across peers and 42x for the wider US Semiconductor group. Our fair ratio estimate is 140.5x. This wide gap suggests the market is already paying a rich price relative to peers, yet the valuation is still below where the fair ratio indicates it could move. For you, the real question is whether that spread signals upside that is simply out of favor today, or valuation risk if sentiment cools. See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:CSIQ P/E Ratio as at Jan 2026 Build Your Own Canadian Solar Narrative If you look at the numbers and come to a different conclusion, or simply want your own view backed by the same data, you can build a fresh narrative yourself in just a few minutes by starting with Do it your way. A great starting point for your Canadian Solar research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Looking for more investment ideas? If Canadian Solar has caught your attention, do not stop there. Use data driven stock ideas to pressure test your thinking and widen your opportunity set.  Spot potential turnaround plays early by scanning these 3539 penny stocks with strong financials that pair lower share prices with stronger financials than you might expect. Ride powerful tech trends by checking out these 28 AI penny stocks that link artificial intelligence themes with higher risk or reward profiles. Hunt for pricing gaps by reviewing these 882 undervalued stocks based on cash flows that screen for companies trading below their estimated cash flow based worth.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2602690935","isCrawlerRequest":true}