Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. More Details
Exceptional growth potential with acceptable track record.
Share Price & News
How has Shoals Technologies Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHLS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: Insufficient data to determine SHLS's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how SHLS performed against the US Electrical industry.
Return vs Market: Insufficient data to determine how SHLS performed against the US Market.
Long-Term Price Volatility Vs. Market
How volatile is Shoals Technologies Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shoals Technologies Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHLS ($33.07) is trading above our estimate of fair value ($20.06)
Significantly Below Fair Value: SHLS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SHLS is poor value based on its PE Ratio (157x) compared to the US Electrical industry average (30.8x).
PE vs Market: SHLS is poor value based on its PE Ratio (157x) compared to the US market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: SHLS is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: SHLS has negative assets, so we can't compare its PB Ratio to the US Electrical industry average.
How is Shoals Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHLS's forecast earnings growth (47.4% per year) is above the savings rate (2%).
Earnings vs Market: SHLS's earnings (47.4% per year) are forecast to grow faster than the US market (17.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHLS's revenue (26.1% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: SHLS's revenue (26.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHLS's Return on Equity is forecast to be very high in 3 years time (71.2%).
How has Shoals Technologies Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SHLS has high quality earnings.
Growing Profit Margin: SHLS's current net profit margins (19.2%) are higher than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SHLS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SHLS's past year earnings growth to its 5-year average.
Earnings vs Industry: SHLS earnings growth over the past year (34.1%) exceeded the Electrical industry -8.9%.
Return on Equity
High ROE: SHLS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Shoals Technologies Group's financial position?
Financial Position Analysis
Short Term Liabilities: SHLS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SHLS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SHLS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SHLS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SHLS's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: SHLS's interest payments on its debt are well covered by EBIT (11.4x coverage).
What is Shoals Technologies Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SHLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SHLS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SHLS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SHLS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SHLS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Whitaker (40 yo)
Mr. Jason R. Whitaker serves as Chief Executive Officer and Director at Shoals Technologies Group, Inc. since January 2020 and serves as President since September 2017 and served as Chief Technology Office...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD2.10M) is below average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Jason's compensation has increased by more than 20% in the past year.
Experienced Management: SHLS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: SHLS's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: SHLS only recently listed within the past 12 months.
Shoals Technologies Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Shoals Technologies Group, Inc.
- Ticker: SHLS
- Exchange: NasdaqGM
- Founded: 1996
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$5.510b
- Shares outstanding: 166.61m
- Website: https://www.shoals.com
Number of Employees
- Shoals Technologies Group, Inc.
- 1400 Shoals Way
- United States
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, com...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 22:05|
|End of Day Share Price||2021/04/19 00:00|
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.