Stock SHLS SHOALS TECHNOLOGIES GROUP, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Shoals Technologies Group, Inc.

Equities

SHLS

US82489W1071

Electrical Components & Equipment

Market Closed - Nasdaq
Other stock markets
 04:00:00 2024-04-26 pm EDT 		5-day change 1st Jan Change
8.52 USD +3.15% Intraday chart for Shoals Technologies Group, Inc. +2.77% -45.17%
Apr. 11 Piper Sandler Cuts Price Target on Shoals Technologies to $14 From $16, Maintains Overweight Rating MT
Mar. 12 Sector Update: Tech Stocks Higher Late Afternoon MT

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 2,532 3,353 2,643 1,452 - -
Enterprise Value (EV) 1 2,774 3,583 2,801 1,518 1,414 1,278
P/E ratio 1,215 x 29 x 64.8 x 19 x 12.1 x 8.52 x
Yield - - - - - -
Capitalization / Revenue 11.9 x 10.3 x 5.4 x 2.9 x 2.26 x 1.89 x
EV / Revenue 13 x 11 x 5.73 x 3.03 x 2.2 x 1.66 x
EV / EBITDA 44.1 x 38.5 x 16.2 x 9.55 x 6.76 x 5.12 x
EV / FCF -338 x 98.7 x 34.4 x 16.6 x 10.3 x 7.23 x
FCF Yield -0.3% 1.01% 2.9% 6.03% 9.69% 13.8%
Price to Book 1,588 x 14.3 x 4.85 x 2.29 x 1.85 x 1.61 x
Nbr of stocks (in thousands) 104,180 135,905 170,057 170,418 - -
Reference price 2 24.30 24.67 15.54 8.520 8.520 8.520
Announcement Date 3/10/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 144.5 175.5 213 326.9 488.9 500.3 643.7 769.6
EBITDA 1 - 60.9 62.86 92.99 173.4 158.9 209.1 249.7
EBIT 1 - 43.24 36.23 66.33 79.04 122 174.6 220.5
Operating Margin - 24.64% 17.01% 20.29% 16.16% 24.38% 27.13% 28.65%
Earnings before Tax (EBT) 1 - 33.77 4.03 152 54.94 98.74 153.9 209.8
Net income 1 - 33.77 2.348 127.6 39.97 77.21 120.1 170.2
Net margin - 19.24% 1.1% 39.03% 8.18% 15.43% 18.66% 22.12%
EPS 2 0.2800 0.2100 0.0200 0.8500 0.2400 0.4480 0.7066 0.9995
Free Cash Flow 1 - 50.85 -8.209 36.3 81.38 91.63 137 176.8
FCF margin - 28.97% -3.85% 11.1% 16.64% 18.31% 21.28% 22.97%
FCF Conversion (EBITDA) - 83.49% - 39.04% 46.93% 57.66% 65.5% 70.81%
FCF Conversion (Net income) - 150.58% - 28.45% 203.57% 118.67% 114.03% 103.85%
Dividend per Share 2 - - - - - - - -
Announcement Date 11/12/20 3/15/21 3/10/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 59.84 47.83 67.98 73.49 90.82 94.65 105.1 119.2 134.2 130.4 95.2 109.3 144 151.7 133.1
EBITDA 1 16.88 11.27 16.53 19.77 26.58 30.11 36.13 38.67 47.98 39.12 19.95 31.37 51.83 55.68 44.42
EBIT 1 9.563 2.68 10.01 12.98 19.96 23.37 26.1 31.64 -10.57 31.87 12.53 22.13 40.91 44.83 30.69
Operating Margin 15.98% 5.6% 14.72% 17.67% 21.98% 24.69% 24.84% 26.54% -7.88% 24.43% 13.17% 20.25% 28.41% 29.55% 23.05%
Earnings before Tax (EBT) 1 3.967 1.057 6.171 8.814 15.21 121.8 20.1 25.13 -16.47 26.17 9.051 17.91 34.28 38.07 25.02
Net income 1 2.486 -1.837 2.64 4.402 7.958 112.6 14.3 18.92 -9.828 16.58 6.922 13.88 26.74 30.04 19.28
Net margin 4.15% -3.84% 3.88% 5.99% 8.76% 118.97% 13.6% 15.87% -7.32% 12.71% 7.27% 12.7% 18.57% 19.8% 14.48%
EPS 2 0.0200 -0.0200 0.0200 0.0400 0.0700 0.7000 0.1000 0.1100 -0.0600 0.1000 0.0376 0.0803 0.1571 0.1762 0.0992
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/9/21 3/10/22 5/16/22 8/15/22 11/14/22 2/28/23 5/8/23 8/1/23 11/7/23 2/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 349 242 230 159 66.4 - -
Net Cash position 1 - - - - - - 38.2 174
Leverage (Debt/EBITDA) - 5.727 x 3.851 x 2.477 x 0.9155 x 0.4179 x - -
Free Cash Flow 1 - 50.8 -8.21 36.3 81.4 91.6 137 177
ROE (net income / shareholders' equity) - -330% - 42.5% 9.56% 15.4% 18.2% 19.3%
ROA (Net income/ Total Assets) - 17.6% 11.6% 12.2% 5.56% 9.4% 12.2% 9.8%
Assets 1 - 191.4 20.32 1,044 719.4 821.4 988.5 1,737
Book Value Per Share 2 - -1.150 0.0200 1.720 3.200 3.730 4.600 5.300
Cash Flow per Share 2 - 0.3400 -0.0400 0.2400 0.5600 0.7900 1.280 -
Capex 1 - 3.24 4.13 3.15 10.6 17 15.5 19
Capex / Sales - 1.84% 1.94% 0.96% 2.16% 3.41% 2.41% 2.47%
Announcement Date 11/12/20 3/15/21 3/10/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Shoals Technologies Group, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
8.52 USD
Average target price
17.9 USD
Spread / Average Target
+110.15%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electrical Components & Equipment

1st Jan change Capi.
SHOALS TECHNOLOGIES GROUP, INC. Stock Shoals Technologies Group, Inc.
-45.17% 1.45B
SIEMENS AG Stock Siemens AG
+4.53% 149B
EATON CORPORATION PLC Stock Eaton Corporation plc
+34.66% 130B
SCHNEIDER ELECTRIC SE Stock Schneider Electric SE
+19.57% 130B
EMERSON ELECTRIC CO. Stock Emerson Electric Co.
+12.90% 62.82B
AMETEK, INC. Stock AMETEK, Inc.
+7.65% 41.04B
VERTIV HOLDINGS CO Stock Vertiv Holdings Co
+94.65% 35B
ROCKWELL AUTOMATION, INC. Stock Rockwell Automation, Inc.
-9.78% 32.1B
WEG S.A. Stock WEG S.A.
+6.26% 32.1B
LEGRAND Stock Legrand
+3.97% 27.31B
Other Electrical Components & Equipment
  1. Stock Market
  2. Equities
  3. SHLS Stock
  4. Financials Shoals Technologies Group, Inc.