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

NASDAQ:SHLS • US82489W1071

Current stock price

7.93 USD
+0.15 (+1.93%)
At close:
7.96 USD
+0.03 (+0.38%)
Pre-Market:

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

  • SHLS had positive earnings in the past year.
  • SHLS had a positive operating cash flow in the past year.
  • 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

  • The Return On Assets of SHLS (3.71%) is better than 75.00% of its industry peers.
  • With a decent Return On Equity value of 5.60%, SHLS is doing good in the industry, outperforming 73.91% of the companies in the same industry.
  • SHLS has a Return On Invested Capital of 4.82%. This is in the better half of the industry: SHLS outperforms 73.91% of its industry peers.
  • SHLS had an Average Return On Invested Capital over the past 3 years of 5.53%. This is below the industry average of 9.34%.
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 78.26% of its industry peers.
  • SHLS's Profit Margin has declined in the last couple of years.
  • SHLS has a better Operating Margin (11.86%) than 82.61% of its industry peers.
  • In the last couple of years the Operating Margin of SHLS has declined.
  • SHLS has a Gross Margin of 35.03%. This is in the better half of the industry: SHLS outperforms 75.00% 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. SHLS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHLS is destroying value.
  • Compared to 1 year ago, SHLS has more shares outstanding
  • Compared to 5 years ago, SHLS has more shares outstanding
  • SHLS has a better debt/assets ratio than last year.
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

  • SHLS has an Altman-Z score of 3.73. This indicates that SHLS is financially healthy and has little risk of bankruptcy at the moment.
  • SHLS has a better Altman-Z score (3.73) than 67.39% of its industry peers.
  • A Debt/Equity ratio of 0.23 indicates that SHLS is not too dependend on debt financing.
  • SHLS's Debt to Equity ratio of 0.23 is fine compared to the rest of the industry. SHLS outperforms 63.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF N/A
Altman-Z 3.73
ROIC/WACC0.57
WACC8.51%
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

  • SHLS has a Current Ratio of 2.03. This indicates that SHLS is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.03, SHLS is in line with its industry, outperforming 53.26% of the companies in the same industry.
  • 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.
  • SHLS has a Quick ratio (1.32) which is in line with its industry peers.
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

More info and screens

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.
  • The Earnings Per Share has been decreasing by -1.03% on average over the past years.
  • The Revenue has grown by 19.07% in the past year. This is quite good.
  • Measured over the past years, SHLS shows a very strong growth in Revenue. The Revenue has been growing by 22.05% on average per year.
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

  • The Earnings Per Share is expected to grow by 13.19% on average over the next years. This is quite good.
  • SHLS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.31% yearly.
EPS Next Y15.44%
EPS Next 2Y20.75%
EPS Next 3Y21.37%
EPS Next 5Y13.19%
Revenue Next Year24.67%
Revenue Next 2Y17.91%
Revenue Next 3Y15.98%
Revenue Next 5Y9.31%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

4

4. SHLS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 22.66, the valuation of SHLS can be described as rather expensive.
  • 88.04% of the companies in the same industry are more expensive than SHLS, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of SHLS to the average of the S&P500 Index (27.42), we can say SHLS is valued inline with the index average.
  • SHLS is valuated rather expensively with a Price/Forward Earnings ratio of 19.63.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SHLS indicates a rather cheap valuation: SHLS is cheaper than 84.78% of the companies listed in the same industry.
  • SHLS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.29, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.66
Fwd PE 19.63
SHLS Price Earnings VS Forward Price EarningsSHLS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • SHLS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SHLS is cheaper than 81.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 20.79
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.
  • SHLS's earnings are expected to grow with 21.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.47
PEG (5Y)N/A
EPS Next 2Y20.75%
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 (4/24/2026, 8:08:17 PM)

Premarket: 7.96 +0.03 (+0.38%)

7.93

+0.15 (+1.93%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-24
Earnings (Next)05-05
Inst Owners121.04%
Inst Owner Change-1.41%
Ins Owners0.9%
Ins Owner Change2.31%
Market Cap1.33B
Revenue(TTM)475.33M
Net Income(TTM)33.57M
Analysts79.23
Price Target9.92 (25.09%)
Short Float %9.16%
Short Ratio2.99
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)1.71%
EPS NQ rev (3m)-33.49%
EPS NY rev (1m)0.06%
EPS NY rev (3m)-21.07%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)8.01%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)5.02%
Valuation
Industry RankSector Rank
PE 22.66
Fwd PE 19.63
P/S 2.8
P/FCF N/A
P/OCF 77.95
P/B 2.22
P/tB 2.68
EV/EBITDA 20.79
EPS(TTM)0.35
EY4.41%
EPS(NY)0.4
Fwd EY5.09%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.1
OCFY1.28%
SpS2.83
BVpS3.58
TBVpS2.96
PEG (NY)1.47
PEG (5Y)N/A
Graham Number5.30682 (-33.08%)
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 3.73
F-Score5
WACC8.51%
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 Y15.44%
EPS Next 2Y20.75%
EPS Next 3Y21.37%
EPS Next 5Y13.19%
Revenue 1Y (TTM)19.07%
Revenue growth 3Y13.29%
Revenue growth 5Y22.05%
Sales Q2Q%38.64%
Revenue Next Year24.67%
Revenue Next 2Y17.91%
Revenue Next 3Y15.98%
Revenue Next 5Y9.31%
EBIT growth 1Y10.19%
EBIT growth 3Y-5.26%
EBIT growth 5Y8.62%
EBIT Next Year61.07%
EBIT Next 3Y31.14%
EBIT Next 5Y18.13%
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 4 / 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 15.44% in the next year.