SHOALS TECHNOLOGIES GROUP -A (SHLS) Fundamental Analysis & Valuation

NASDAQ:SHLS • US82489W1071

Current stock price

6.82 USD
-0.08 (-1.16%)
At close:
6.8231 USD
+0 (+0.05%)
After Hours:

This SHLS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. SHLS Profitability Analysis

1.1 Basic Checks

  • In the past year SHLS was profitable.
  • In the past year SHLS had a positive cash flow from operations.
  • Each year in the past 5 years SHLS has been profitable.
  • SHLS had a positive operating cash flow in 4 of the past 5 years.
SHLS Yearly Net Income VS EBIT VS OCF VS FCFSHLS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M

1.2 Ratios

  • SHLS has a Return On Assets of 3.71%. This is in the better half of the industry: SHLS outperforms 73.91% of its industry peers.
  • SHLS has a Return On Equity of 5.60%. This is in the better half of the industry: SHLS outperforms 72.83% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.82%, SHLS is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for SHLS is below the industry average of 9.33%.
Industry RankSector Rank
ROA 3.71%
ROE 5.6%
ROIC 4.82%
ROA(3y)3.83%
ROA(5y)6.7%
ROE(3y)5.75%
ROE(5y)29.9%
ROIC(3y)5.53%
ROIC(5y)6.16%
SHLS Yearly ROA, ROE, ROICSHLS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80

1.3 Margins

  • SHLS has a better Profit Margin (7.06%) than 77.17% of its industry peers.
  • In the last couple of years the Profit Margin of SHLS has declined.
  • The Operating Margin of SHLS (11.86%) is better than 82.61% of its industry peers.
  • In the last couple of years the Operating Margin of SHLS has declined.
  • SHLS's Gross Margin of 35.03% is fine compared to the rest of the industry. SHLS outperforms 78.26% of its industry peers.
  • In the last couple of years the Gross Margin of SHLS has declined.
Industry RankSector Rank
OM 11.86%
PM (TTM) 7.06%
GM 35.03%
OM growth 3Y-16.37%
OM growth 5Y-11.01%
PM growth 3Y-43.44%
PM growth 5Y-18.18%
GM growth 3Y-4.46%
GM growth 5Y-1.56%
SHLS Yearly Profit, Operating, Gross MarginsSHLS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. SHLS Health Analysis

2.1 Basic Checks

  • SHLS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • SHLS has more shares outstanding than it did 1 year ago.
  • SHLS has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SHLS has been reduced compared to a year ago.
SHLS Yearly Shares OutstandingSHLS Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
SHLS Yearly Total Debt VS Total AssetsSHLS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 3.36 indicates that SHLS is not in any danger for bankruptcy at the moment.
  • SHLS has a Altman-Z score of 3.36. This is in the better half of the industry: SHLS outperforms 67.39% of its industry peers.
  • SHLS has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
  • SHLS has a better Debt to Equity ratio (0.23) than 67.39% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF N/A
Altman-Z 3.36
ROIC/WACC0.57
WACC8.45%
SHLS Yearly LT Debt VS Equity VS FCFSHLS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

2.3 Liquidity

  • A Current Ratio of 2.03 indicates that SHLS has no problem at all paying its short term obligations.
  • SHLS has a Current ratio (2.03) which is in line with its industry peers.
  • SHLS has a Quick Ratio of 1.32. This is a normal value and indicates that SHLS is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of SHLS (1.32) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.03
Quick Ratio 1.32
SHLS Yearly Current Assets VS Current LiabilitesSHLS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. SHLS Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.06% over the past year.
  • Measured over the past years, SHLS shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.03% on average per year.
  • SHLS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.07%.
  • The Revenue has been growing by 22.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)6.06%
EPS 3Y-4.35%
EPS 5Y-1.03%
EPS Q2Q%25%
Revenue 1Y (TTM)19.07%
Revenue growth 3Y13.29%
Revenue growth 5Y22.05%
Sales Q2Q%38.64%

3.2 Future

  • Based on estimates for the next years, SHLS will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.65% on average per year.
  • The Revenue is expected to grow by 8.20% on average over the next years. This is quite good.
EPS Next Y15.37%
EPS Next 2Y21.14%
EPS Next 3Y21.37%
EPS Next 5Y12.65%
Revenue Next Year24.65%
Revenue Next 2Y17.83%
Revenue Next 3Y15.71%
Revenue Next 5Y8.2%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
SHLS Yearly Revenue VS EstimatesSHLS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200M 400M 600M 800M
SHLS Yearly EPS VS EstimatesSHLS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0.2 0.4 0.6 0.8

More info and screens

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5

4. SHLS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 19.49, which indicates a rather expensive current valuation of SHLS.
  • Based on the Price/Earnings ratio, SHLS is valued cheaper than 84.78% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.60, SHLS is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 16.89, the valuation of SHLS can be described as correct.
  • 85.87% of the companies in the same industry are more expensive than SHLS, based on the Price/Forward Earnings ratio.
  • SHLS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.84.
Industry RankSector Rank
PE 19.49
Fwd PE 16.89
SHLS Price Earnings VS Forward Price EarningsSHLS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SHLS is valued cheaper than 82.61% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 18.11
SHLS Per share dataSHLS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

  • SHLS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as SHLS's earnings are expected to grow with 21.37% in the coming years.
PEG (NY)1.27
PEG (5Y)N/A
EPS Next 2Y21.14%
EPS Next 3Y21.37%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SHLS Dividend Analysis

5.1 Amount

  • SHLS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

SHLS Fundamentals: All Metrics, Ratios and Statistics

SHOALS TECHNOLOGIES GROUP -A

NASDAQ:SHLS (4/2/2026, 8:00:02 PM)

After market: 6.8231 +0 (+0.05%)

6.82

-0.08 (-1.16%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-24
Earnings (Next)05-04
Inst Owners117.76%
Inst Owner Change1.73%
Ins Owners1.02%
Ins Owner Change2.35%
Market Cap1.14B
Revenue(TTM)475.33M
Net Income(TTM)33.57M
Analysts79.23
Price Target9.92 (45.45%)
Short Float %8.47%
Short Ratio2.75
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.33%
Min EPS beat(2)-28.81%
Max EPS beat(2)-7.85%
EPS beat(4)1
Avg EPS beat(4)-10.4%
Min EPS beat(4)-28.81%
Max EPS beat(4)18.92%
EPS beat(8)3
Avg EPS beat(8)-5.97%
EPS beat(12)6
Avg EPS beat(12)-0.74%
EPS beat(16)10
Avg EPS beat(16)6.66%
Revenue beat(2)2
Avg Revenue beat(2)0.88%
Min Revenue beat(2)0.03%
Max Revenue beat(2)1.73%
Revenue beat(4)4
Avg Revenue beat(4)2.94%
Min Revenue beat(4)0.03%
Max Revenue beat(4)6.14%
Revenue beat(8)7
Avg Revenue beat(8)2.21%
Revenue beat(12)9
Avg Revenue beat(12)1.6%
Revenue beat(16)11
Avg Revenue beat(16)1.77%
PT rev (1m)-9.23%
PT rev (3m)-5.99%
EPS NQ rev (1m)-34.72%
EPS NQ rev (3m)-35.37%
EPS NY rev (1m)-20.73%
EPS NY rev (3m)-20.56%
Revenue NQ rev (1m)7.99%
Revenue NQ rev (3m)6.86%
Revenue NY rev (1m)5.01%
Revenue NY rev (3m)5.12%
Valuation
Industry RankSector Rank
PE 19.49
Fwd PE 16.89
P/S 2.4
P/FCF N/A
P/OCF 66.91
P/B 1.9
P/tB 2.3
EV/EBITDA 18.11
EPS(TTM)0.35
EY5.13%
EPS(NY)0.4
Fwd EY5.92%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.1
OCFY1.49%
SpS2.84
BVpS3.58
TBVpS2.97
PEG (NY)1.27
PEG (5Y)N/A
Graham Number5.31
Profitability
Industry RankSector Rank
ROA 3.71%
ROE 5.6%
ROCE 7.26%
ROIC 4.82%
ROICexc 4.87%
ROICexgc 5.63%
OM 11.86%
PM (TTM) 7.06%
GM 35.03%
FCFM N/A
ROA(3y)3.83%
ROA(5y)6.7%
ROE(3y)5.75%
ROE(5y)29.9%
ROIC(3y)5.53%
ROIC(5y)6.16%
ROICexc(3y)5.67%
ROICexc(5y)6.29%
ROICexgc(3y)6.71%
ROICexgc(5y)8.08%
ROCE(3y)8.32%
ROCE(5y)9.27%
ROICexgc growth 3Y-19.6%
ROICexgc growth 5Y-38.46%
ROICexc growth 3Y-16.14%
ROICexc growth 5Y-20.55%
OM growth 3Y-16.37%
OM growth 5Y-11.01%
PM growth 3Y-43.44%
PM growth 5Y-18.18%
GM growth 3Y-4.46%
GM growth 5Y-1.56%
F-Score5
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF N/A
Debt/EBITDA 1.95
Cap/Depr 239.15%
Cap/Sales 6.95%
Interest Coverage 6.19
Cash Conversion 24.31%
Profit Quality N/A
Current Ratio 2.03
Quick Ratio 1.32
Altman-Z 3.36
F-Score5
WACC8.45%
ROIC/WACC0.57
Cap/Depr(3y)135.36%
Cap/Depr(5y)95.43%
Cap/Sales(3y)3.74%
Cap/Sales(5y)2.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.06%
EPS 3Y-4.35%
EPS 5Y-1.03%
EPS Q2Q%25%
EPS Next Y15.37%
EPS Next 2Y21.14%
EPS Next 3Y21.37%
EPS Next 5Y12.65%
Revenue 1Y (TTM)19.07%
Revenue growth 3Y13.29%
Revenue growth 5Y22.05%
Sales Q2Q%38.64%
Revenue Next Year24.65%
Revenue Next 2Y17.83%
Revenue Next 3Y15.71%
Revenue Next 5Y8.2%
EBIT growth 1Y10.19%
EBIT growth 3Y-5.26%
EBIT growth 5Y8.62%
EBIT Next Year64.16%
EBIT Next 3Y31.52%
EBIT Next 5Y17.64%
FCF growth 1Y-122.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-78.77%
OCF growth 3Y-24.37%
OCF growth 5Y-20.6%

SHOALS TECHNOLOGIES GROUP -A / SHLS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for SHOALS TECHNOLOGIES GROUP -A?

ChartMill assigns a fundamental rating of 5 / 10 to SHLS.


Can you provide the valuation status for SHOALS TECHNOLOGIES GROUP -A?

ChartMill assigns a valuation rating of 5 / 10 to SHOALS TECHNOLOGIES GROUP -A (SHLS). This can be considered as Fairly Valued.


What is the profitability of SHLS stock?

SHOALS TECHNOLOGIES GROUP -A (SHLS) has a profitability rating of 5 / 10.


How financially healthy is SHOALS TECHNOLOGIES GROUP -A?

The financial health rating of SHOALS TECHNOLOGIES GROUP -A (SHLS) is 5 / 10.


Can you provide the expected EPS growth for SHLS stock?

The Earnings per Share (EPS) of SHOALS TECHNOLOGIES GROUP -A (SHLS) is expected to grow by 15.37% in the next year.