Shoals Technologies Group, Inc. (SHLS) is a Technology stock trading at $7.38 (as of 2026-08-20), with a market capitalization of $1.25B and a trailing P/E of 53.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Shoals Technologies Group manufactures electrical balance-of-system components and related systems used in solar energy projects, including items such as cable assemblies, fuses, combiners, disconnects, junction boxes, and monitoring and benchmarking devices. It also provides EV charging solutions for public and fleet stations, selling to companies involved in engineering, procurement, and construction and installation.
Shoals Technologies Group provides electrical balance of system (EBOS) components and system solutions for US solar energy projects, and it also sells EV charging solutions, making money by supplying these products and systems to engineering, procurement, and construction firms and developers involved in building projects.
Shoals' profit engine is order to delivery conversion, where project demand shows up first in book to bill, awarded orders, and new orders, and then turns into revenue as projects are delivered, with timing of pushes and delays directly affecting how revenue is recognized.
| System Solutions | $0.1B |
Business quality (Mixed): Order momentum and system solutions revenue appear supported by a book to bill ratio above 1, but project timing and pushes into later periods are a clear swing factor for results.
Valuation: At 45× earnings, SHLS trades 12% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.
| Price | $7.38 |
| Market Cap | $1.25B |
| P/E Ratio | 53.5 |
| EV / EBITDA | 18.9 |
| Price / Book | 2.03 |
| Price / Sales | 2.16 |
| FCF Yield | -12.1% |
| DCF Value (model) | $1.63 |
| DCF Upside vs Price | -77.9% |
| Revenue (TTM) | $475.33M |
| Net Margin | 7.1% |
| Revenue Growth (YoY) | 19.1% |
| EPS Growth (YoY) | 42.9% |
| FCF Growth (YoY) | -122.2% |
| Altman Z-Score | 3.56 (safe) |
| Stock P/E | 53.5 |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Electronic Equipment) | 39.4 |
| vs Sector | 57.8% |
| vs Industry | 35.9% |
| Top Institutional Holder | BlackRock, Inc. ($130.59M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Brandon Moss |
| Employees | 1,290 |
| Country | US |
| IPO Date | 2021-01-28 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.