Shoals Technologies Group, Inc. (SHLS) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 30
- Profitability 50
- Business Quality 60
- Balance Sheet 55
- Cash Flow 40
Why this rating?
Health 47/100 — Speculative
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
Shoals Technologies Group, Inc. (SHLS) is a Solar company in the Technology sector. Compound Radar rates Shoals Technologies Group, Inc. 47/100 (Speculative) due to solid business quality, strong revenue growth, and elevated leverage.
Investment profile
- Quality Moderate
- Growth Strong
- Balance Sheet Stretched
- Valuation Attractive
Financial highlights
Valuation
- P/E 39.05
- Forward P/E 13.46
- PEG 0.5
- EV/Revenue 2.41
Profitability
- Revenue Growth 47.4%
- Gross Margin 32.1%
- Operating Margin 13.8%
- Net Margin 5.4%
- ROE 5.3%
Financial strength
- Cash $15.72M
- Debt $233.81M
- Net Cash $-218.09M
- Free Cash Flow $-15.98M
- Current Ratio 2.25
Similar companies
Peers in Solar, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- First Solar, Inc. Solar FSLR$213.25 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Nextpower Inc. Solar NXT$85.45 75 Health 75 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Enphase Energy, Inc. Solar ENPH$38.83 63 Health 63 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Array Technologies, Inc. Solar ARRY$4.70 47 Health 47 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- SolarEdge Technologies, Inc. Solar SEDG$36.43 42 Health 42 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Sunrun Inc. Solar RUN$9.22 39 Health 39 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Canadian Solar Inc. Solar CSIQ$13.87 29 Health 29 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Shoals Technologies Group, Inc. (SHLS).