Shoals Technologies Group Statistics
Total Valuation
SHLS has a market cap or net worth of $1.02 billion. The enterprise value is $1.18 billion.
| Market Cap | 1.02B |
| Enterprise Value | 1.18B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
SHLS has 170.42 million shares outstanding. The number of shares has increased by 15.91% in one year.
| Shares Outstanding | 170.42M |
| Shares Change (YoY) | +15.91% |
| Shares Change (QoQ) | +0.19% |
| Owned by Insiders (%) | 2.80% |
| Owned by Institutions (%) | 127.55% |
| Float | 164.82M |
Valuation Ratios
The trailing PE ratio is 33.33 and the forward PE ratio is 9.95. SHLS's PEG ratio is 0.43.
| PE Ratio | 33.33 |
| Forward PE | 9.95 |
| PS Ratio | 2.15 |
| Forward PS | 2.04 |
| PB Ratio | 1.85 |
| P/FCF Ratio | 12.20 |
| PEG Ratio | 0.43 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.50, with an EV/FCF ratio of 14.03.
| EV / Earnings | 38.62 |
| EV / Sales | 2.48 |
| EV / EBITDA | 18.50 |
| EV / EBIT | 22.38 |
| EV / FCF | 14.03 |
Financial Position
The company has a current ratio of 2.62, with a Debt / Equity ratio of 0.30.
| Current Ratio | 2.62 |
| Quick Ratio | 1.78 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | 2.65 |
| Debt / FCF | 2.01 |
| Interest Coverage | 5.22 |
Financial Efficiency
Return on equity (ROE) is 5.70% and return on invested capital (ROIC) is 25.12%.
| Return on Equity (ROE) | 5.70% |
| Return on Assets (ROA) | 3.70% |
| Return on Capital (ROIC) | 25.12% |
| Revenue Per Employee | $362,613 |
| Profits Per Employee | $23,264 |
| Employee Count | 1,309 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 1.94 |
Taxes
In the past 12 months, SHLS has paid $12.04 million in taxes.
| Income Tax | 12.04M |
| Effective Tax Rate | 28.33% |
Stock Price Statistics
The stock price has decreased by -76.11% in the last 52 weeks. The beta is 1.81, so SHLS's price volatility has been higher than the market average.
| Beta (5Y) | 1.81 |
| 52-Week Price Change | -76.11% |
| 50-Day Moving Average | 7.38 |
| 200-Day Moving Average | 12.63 |
| Relative Strength Index (RSI) | 34.25 |
| Average Volume (20 Days) | 6,547,420 |
Short Selling Information
The latest short interest is 25.53 million, so 14.98% of the outstanding shares have been sold short.
| Short Interest | 25.53M |
| Short Previous Month | 21.08M |
| Short % of Shares Out | 14.98% |
| Short % of Float | 15.49% |
| Short Ratio (days to cover) | 3.79 |
Income Statement
In the last 12 months, SHLS had revenue of $474.66 million and earned $30.45 million in profits. Earnings per share was $0.18.
| Revenue | 474.66M |
| Gross Profit | 345.26M |
| Operating Income | 253.27M |
| Pretax Income | 42.49M |
| Net Income | 30.45M |
| EBITDA | 63.57M |
| EBIT | 52.55M |
| Earnings Per Share (EPS) | $0.18 |
Balance Sheet
The company has $15.24 million in cash and $168.75 million in debt, giving a net cash position of -$153.51 million or -$0.90 per share.
| Cash & Cash Equivalents | 15.24M |
| Total Debt | 168.75M |
| Net Cash | -153.51M |
| Net Cash Per Share | -$0.90 |
| Equity (Book Value) | 553.98M |
| Book Value Per Share | 3.25 |
| Working Capital | 128.86M |
Cash Flow
In the last 12 months, operating cash flow was $94.90 million and capital expenditures -$11.06 million, giving a free cash flow of $83.84 million.
| Operating Cash Flow | 94.90M |
| Capital Expenditures | -11.06M |
| Free Cash Flow | 83.84M |
| FCF Per Share | $0.49 |
Margins
Gross margin is 72.74%, with operating and profit margins of 53.36% and 6.42%.
| Gross Margin | 72.74% |
| Operating Margin | 53.36% |
| Pretax Margin | 8.95% |
| Profit Margin | 6.42% |
| EBITDA Margin | 13.39% |
| EBIT Margin | 11.07% |
| FCF Margin | 17.66% |
Dividends & Yields
SHLS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -15.91% |
| Shareholder Yield | -15.91% |
| Earnings Yield | 2.98% |
| FCF Yield | 8.20% |
Analyst Forecast
The average price target for SHLS is $17.13, which is 185.50% higher than the current price. The consensus rating is "Buy".
| Price Target | $17.13 |
| Price Target Difference | 185.50% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 7.24% |
| EPS Growth Forecast (5Y) | 26.43% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
SHLS has an Altman Z-Score of 3.37 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.37 |
| Piotroski F-Score | 6 |