Stock AnalizShoals Technologies Group, Inc. SHLS
Semiconductors · IPO 2021 · data as of November 13, 2026
Shoals Technologies Group, Inc. (SHLS) is a technology company listed in the US with a market value of about $1.4B. In the twelve months to September 30, 2026 it had revenue of $648M and net income of $38M, a net margin of 5.8%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is financial health (3/5); the weakest is value (0/5).
Key numbers: a P/E of 36.0, 5-year revenue growth of 22% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 45% below the current price.
Score: 1.6 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Interest covered more than 5 times
- Liabilities below 60% of assets
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 7 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $648M | $475M | $399M | $489M | $327M | $213M | $176M | $144M |
| Net income | $38M | $34M | $24M | $40M | $128M | $2M | $34M | $25M |
| Free cash flow | -$35M | -$16M | $72M | $81M | $36M | -$8M | $51M | $34M |
| EPS (diluted) | $0.23 | $0.20 | $0.14 | $0.24 | $0.85 | — | — | — |
| Net margin | 5.8% | 7.1% | 6.0% | 8.2% | 39.0% | 1.1% | 19.2% | 17.4% |
| ROIC | — | 5.0% | 4.7% | 8.4% | 11.7% | 14.2% | 16.9% | 14.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $11.39, 37% above the current price; targets range from $8.00 to $15.00; the consensus rating is “Buy”; expected EPS is $0.47 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Shoals Technologies Group’s P/E ratio?
About 36.0, based on the last twelve months of diluted earnings per share (forward P/E about 14.7).
Is Shoals Technologies Group stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 45% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Shoals Technologies Group pay a dividend?
Not currently.
Is Shoals Technologies Group a good stock to buy?
We do not give buy or sell advice. Shoals Technologies Group scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.