Obermatt

Shoals

NMQ:SHLS · US82489W1071
Electrical EquipmentMedium

360

54
EV / EBIT37
Price / Owner Earnings5
Owner Earnings Yield53
Dividend Yield1
Price/Sales55
EV / Gross Profit51
Price/Book68
Return on Capital73
Cash Return on Capital54
Return on Equity47
EBIT Margin94
Gross Profitability59
Cash Conversion11
Accruals17
Owner Earnings Margin59
Sales growth80
Profit Growth49
Long-Term EPS Growth90
Owner Earnings Growth26
Reinvestment17
Price momentum59
Debt load59
Refinancing63
Debt Payback16
Liquidity79
Analyst ratings48
Opinion Changes62
Price Target Upside39
Market mood59
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Shoals generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryElectrical Equipment
SizeMedium
TypePublic Company
ExchangeNASDAQGM
Founded2020
Employees212
Websiteshoals.com
ISINUS82489W1071
Last UpdateApr 2, 2026
Themes
Battery Energy Storage System (BESS)Clean EnergyCleanTechUtility Scale SolarEnergy StorageEnergyIndustrialSmall and Medium Businesses

Description

Shoals Technologies Group, Inc. operates as a design-engineering company. The company manufactures advanced electrical infrastructure solutions for mission-critical applications across solar photovoltaic (PV), battery energy storage solutions (BESS),…

Analysis

Middle-of-the-road

Shoals Technologies Group, Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 154.5× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 34% yearly growth; analysts expect 17%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is moderate and the balance sheet is adequate. The company scores 14/20 on our value-creation score: strong value creator. Analysts lean positive.

What to watch: Some accounting patterns deserve a closer look. The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
86
2023202420252026

All-time high

86

Jun 2026

All-time low

17

Jan 2023

Average rank

58

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
55
53
24
13
Price/Earnings
55
94
43
21
Price/Book
68
90
35
100
Dividend Yield
1
1
1
1
Value (overall)
53
79
13
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →