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

NASDAQ:SHLS • US82489W1071

Current stock price

6.13 USD
+0.09 (+1.49%)
Last:

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.
  • In the past 5 years SHLS has always 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 better Return On Assets (3.71%) than 73.63% of its industry peers.
  • SHLS has a better Return On Equity (5.60%) than 72.53% of its industry peers.
  • SHLS has a Return On Invested Capital of 4.82%. This is in the better half of the industry: SHLS outperforms 73.63% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SHLS is below the industry average of 9.57%.
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

  • The Profit Margin of SHLS (7.06%) is better than 76.92% of its industry peers.
  • In the last couple of years the Profit Margin of SHLS has declined.
  • SHLS's Operating Margin of 11.86% is amongst the best of the industry. SHLS outperforms 82.42% 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 76.92% of its industry peers.
  • SHLS's Gross Margin has declined in the last couple of years.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SHLS is destroying value.
  • The number of shares outstanding for SHLS has been increased compared to 1 year ago.
  • Compared to 5 years ago, SHLS has more shares outstanding
  • Compared to 1 year ago, SHLS has an improved debt to assets ratio.
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 3.10. This indicates that SHLS is financially healthy and has little risk of bankruptcy at the moment.
  • SHLS has a Altman-Z score of 3.10. This is in the better half of the industry: SHLS outperforms 65.93% of its industry peers.
  • A Debt/Equity ratio of 0.23 indicates that SHLS is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.23, SHLS is in the better half of the industry, outperforming 67.03% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF N/A
Altman-Z 3.1
ROIC/WACC0.58
WACC8.35%
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.
  • With a Current ratio value of 2.03, SHLS perfoms like the industry average, outperforming 54.95% 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.
  • Looking at the Quick ratio, with a value of 1.32, SHLS is in line with its industry, outperforming 59.34% of the companies in the same 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

  • SHLS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.06%.
  • 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.
  • Looking at the last year, SHLS shows a quite strong growth in Revenue. The Revenue has grown by 19.07% in the last year.
  • SHLS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.05% yearly.
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 Year24.33%
Revenue Next 2Y17.59%
Revenue Next 3Y15.17%
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.
  • 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 0.8

More info and screens

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5

4. SHLS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.51 indicates a rather expensive valuation of SHLS.
  • Compared to the rest of the industry, the Price/Earnings ratio of SHLS indicates a rather cheap valuation: SHLS is cheaper than 87.91% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.73. SHLS is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 15.18, SHLS is valued correctly.
  • Based on the Price/Forward Earnings ratio, SHLS is valued cheaper than 86.81% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.72, SHLS is valued a bit cheaper.
Industry RankSector Rank
PE 17.51
Fwd PE 15.18
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 cheaply inside the industry as 82.42% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.25
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)1.14
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

  • No dividends for SHLS!.
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 (3/20/2026, 10:38:02 AM)

6.13

+0.09 (+1.49%)

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 Cap1.03B
Revenue(TTM)475.33M
Net Income(TTM)33.57M
Analysts79.23
Price Target10.92 (78.14%)
Short Float %8.36%
Short Ratio2.74
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)3.04%
PT rev (3m)2.78%
EPS NQ rev (1m)-34.42%
EPS NQ rev (3m)-36.01%
EPS NY rev (1m)-20.73%
EPS NY rev (3m)-21.21%
Revenue NQ rev (1m)6.79%
Revenue NQ rev (3m)5.73%
Revenue NY rev (1m)4.73%
Revenue NY rev (3m)4.53%
Valuation
Industry RankSector Rank
PE 17.51
Fwd PE 15.18
P/S 2.16
P/FCF N/A
P/OCF 60.14
P/B 1.71
P/tB 2.07
EV/EBITDA 16.25
EPS(TTM)0.35
EY5.71%
EPS(NY)0.4
Fwd EY6.59%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.1
OCFY1.66%
SpS2.84
BVpS3.58
TBVpS2.97
PEG (NY)1.14
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 3.1
F-Score5
WACC8.35%
ROIC/WACC0.58
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 Year24.33%
Revenue Next 2Y17.59%
Revenue Next 3Y15.17%
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.


Can you provide the profitability details for SHOALS TECHNOLOGIES GROUP -A?

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


What is the financial health of SHOALS TECHNOLOGIES GROUP -A (SHLS) stock?

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