Analyzing Trina Solar Limited (NYSE:TSL) and Renesola (SOL)
Trina Solar Limited (NYSE: TSL) and Renesola (NYSE:SOL) are both energy companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, risk, analyst recommendations, earnings and profitabiliy.
Insider & Institutional Ownership
61.4% of Trina Solar Limited shares are held by institutional investors. Comparatively, 14.0% of Renesola shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares Trina Solar Limited and Renesola’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Trina Solar Limited||3.48%||N/A||N/A|
Volatility and Risk
Trina Solar Limited has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Renesola has a beta of 2.24, meaning that its share price is 124% more volatile than the S&P 500.
This is a summary of recent ratings for Trina Solar Limited and Renesola, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Trina Solar Limited||1||2||0||0||1.67|
Trina Solar Limited presently has a consensus price target of $12.20, indicating a potential upside of 5.72%. Renesola has a consensus price target of $3.00, indicating a potential upside of 14.94%. Given Renesola’s higher probable upside, analysts plainly believe Renesola is more favorable than Trina Solar Limited.
Valuation and Earnings
This table compares Trina Solar Limited and Renesola’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Trina Solar Limited||N/A||N/A||N/A||$1.43||8.07|
|Renesola||$825.75 million||0.06||$41.45 million||($3.17)||-0.82|
Renesola has higher revenue and earnings than Trina Solar Limited. Renesola is trading at a lower price-to-earnings ratio than Trina Solar Limited, indicating that it is currently the more affordable of the two stocks.
Trina Solar Limited beats Renesola on 6 of the 9 factors compared between the two stocks.
Trina Solar Limited Company Profile
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications. It also develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules it manufactures. It operates through two segments: manufacturing segment and the solar power projects segment. The manufacturing segment designs, develops, manufactures and sells PV modules, and integrates the manufacturing of ingots, wafers and solar cells for use in its PV module production. The solar power projects segment designs, constructs, operates and sells solar power projects in China, the United Kingdom, the United States and other European and Asian countries.
Renesola Company Profile
ReneSola Ltd is a holding company. The Company is a brand and technology provider of energy-efficient products based in China. The Company’s segments include wafer sales, cell and module sales, and solar power projects. The wafer sales segment involves the manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The cell and module sales segment involves the manufacture and sales of solar cells and modules. The solar power projects segment involves sales of solar power projects and electricity generation revenue of certain project assets it owns and operates. The Company provides its customers with solar power products and processing services. It provides solar power products to a network of suppliers and customers, which includes manufacturers of solar cells and modules and distributors, installers and end users of solar modules. The Company manufactures solar-grade polysilicon, solar wafers, cells and modules.
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