SHLS * logo

Shoals Technologies Group BMV:SHLS * Stock Report

Last Price

Mex$236.14

Market Cap

Mex$29.1b

7D

0%

1Y

n/a

Updated

07 Apr, 2024

Data

Company Financials +

Shoals Technologies Group, Inc.

BMV:SHLS * Stock Report

Market Cap: Mex$29.1b

SHLS * Stock Overview

Provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. More details

SHLS * fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 0.9% below our estimate of its fair value

Earnings are forecast to grow 27.95% per year

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Profit margins (8.2%) are lower than last year (39%)


My Notes

Capture your thoughts, links and company narrative

Shoals Technologies Group, Inc. Competitors

Grupo Lamosa. de

BMV:LAMOSA *

Mex$39.4b

Consorcio Aristos. de

BMV:ARISTOS A

Mex$6.9b

Impulsora del Desarrollo y el Empleo en América Latina. de

BMV:IDEAL B-1

Mex$110.6b

Hoymiles Power Electronics

SHSE:688032

CN¥13.1b

Price History & Performance

Summary of share price highs, lows and changes for Shoals Technologies Group
Historical stock prices
Current Share PriceUS$236.14
52 Week HighUS$459.53
52 Week LowUS$236.14
Beta1.78
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-48.61%

Recent News & Updates

Recent updates

Shareholder Returns

SHLS *MX ElectricalMX Market
7D0%0%0%
1Yn/a0%0%

Return vs Industry: Insufficient data to determine how SHLS * performed against the MX Electrical industry.

Return vs Market: Insufficient data to determine how SHLS * performed against the MX Market.

Price Volatility

Is SHLS *'s price volatile compared to industry and market?
SHLS * volatility
SHLS * Average Weekly Movementn/a
Electrical Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in MX Market0%
10% least volatile stocks in MX Market0%

Stable Share Price: SHLS * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SHLS *'s volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,309Brandon Mosswww.shoals.com

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes.

Shoals Technologies Group, Inc. Fundamentals Summary

How do Shoals Technologies Group's earnings and revenue compare to its market cap?
SHLS * fundamental statistics
Market capMex$29.12b
Earnings (TTM)Mex$657.99m
Revenue (TTM)Mex$8.05b

44.3x

P/E Ratio

3.6x

P/S Ratio

Is SHLS * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLS * income statement (TTM)
RevenueUS$488.94m
Cost of RevenueUS$320.64m
Gross ProfitUS$168.30m
Other ExpensesUS$128.33m
EarningsUS$39.97m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin34.42%
Net Profit Margin8.18%
Debt/Equity Ratio33.3%

How did SHLS * perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/07 01:07
End of Day Share Price 2024/01/09 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shoals Technologies Group, Inc. is covered by 29 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christine ChoBarclays
Moses SuttonBNP Paribas Exane
Dimple GosaiBofA Global Research