Shoals Technologies Group Inc (NASDAQ:SHLS)
9 USD
-0.860 8.722%Sponsored Reports
| Previous Close (in USD) | 9.86 |
|---|---|
| Change | -0.860 8.722% |
| 52 W H/L (in USD) | 28.340/6.285 |
| EBITDA (in USD) | 75.543M |
| PE Ratio | 47.35 |
| Volume | 10427576 |
| Diluted Eps TTM | 0.17 |
| Total Assets (in USD) | 855.499M |
|---|---|
| Total Liabilities (in USD) | 310.503M |
| Revenue TTM (in USD) | 474.66M |
| Cash (in USD) | 22.707M |
| Market Cap (in USD) | 1,371.881 M |
| Revenue Per Share TTM | 2.790 |
| Gross Profit TTM (in USD) | 131.311M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Shoals Technologies Group Inc
Employees: 1309
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Jason R. Whitaker | CEO, Pres & Director | 1980 |
| 2. | Ms. Mehgan Peetz | Gen. Counsel, Chief Legal Officer & Corp. Sec. | 1982 |
| 3. | Mr. Jeffery Tolnar | SVP of Electric Vehicle Solutions | NA |
| 4. | Mr. Dominic Bardos | Chief Financial Officer | 1965 |
| 5. | Mr. John Joseph White Jr. | Chief Operating Officer | 1966 |
| 6. | Mr. Alan D. Neal | Chief Technology Officer | 1961 |
| 7. | Mr. Ben Macias | Sr. VP of Sales & Marketing | NA |
| 8. | Mr. Alex Stucker | Sr. VP of Sales & Bus. Devel. | NA |
| 9. | Mr. Kent Miller | Sr. VP | NA |
| 10. | Mr. Brandon Moss | Director & CEO | 1980 |
Peers
Sector: Technology
Industry: Solar
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
FSLR
First Solar Inc |
-9.570 3.849% | 241.36 | 13.140 | 11.494 | 3.842 | 2.168 | 3.541 | 8.580 |
|
ENPH
Enphase Energy Inc |
+0.370 0.784% | 46.18 | 136.610 | 18.315 | 6.791 | 9.239 | 6.515 | 53.174 |
|
NXT
Nextracker Inc. Class A Common Stock |
-6.230 5.505% | 111 | 16.440 | 12.438 | 2.713 | 15.496 | 2.463 | 15.558 |
|
XISHY
Xinyi Solar Holdings Limited |
0.000 0.000% | 4.87 | 11.550 | 14.925 | 0.219 | 1.236 | 0.236 | 1.124 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 152M | 4.03M | 33.766M | 25.143M | 8.647M |
| Minority Interest | -15.402M | 1.596M | - | - | - |
| Net Income | 127.611M | 3.944M | 33.766M | 25.143M | 8.647M |
| Selling General Administrative | 55.908M | 37.893M | 21.008M | 9.065M | 8.904M |
| Gross Profit | 131.311M | 82.645M | 66.546M | 44.212M | 28.168M |
| Reconciled Depreciation | 10.509M | 10.053M | 9.405M | 9.163M | 8.99M |
| Ebit | 170.538M | 36.232M | 37.276M | 26.93M | 11.087M |
| Ebitda | 181.047M | 44.622M | 46.681M | 36.093M | 20.077M |
| Depreciation And Amortization | 10.509M | 8.39M | 9.405M | 9.163M | 8.99M |
| Operating Income | 170.538M | 36.232M | 37.276M | 26.93M | 11.087M |
| Other Operating Expenses | 260.61M | 176.98M | 138.242M | 117.566M | 92.663M |
| Interest Expense | 18.538M | 14.549M | 3.51M | 1.787M | 2.44M |
| Tax Provision | 8.987M | 0.086M | - | - | - |
| Interest Income | - | - | - | - | - |
| Net Interest Income | -18.538M | -14.549M | -3.51M | -1.787M | -2.44M |
| Income Tax Expense | 8.987M | 0.086M | 3.51M | 1.787M | - |
| Total Revenue | 326.94M | 213.212M | 175.518M | 144.496M | 103.75M |
| Total Operating Expenses | 64.981M | 46.413M | 29.27M | 17.282M | 17.081M |
| Cost Of Revenue | 195.629M | 130.567M | 108.972M | 100.284M | 75.582M |
| Total Other Income Expense Net | -18.538M | -32.202M | -3.51M | -1.787M | -2.44M |
| Net Income From Continuing Ops | 143.013M | 5.607M | 33.766M | 25.143M | 8.647M |
| Net Income Applicable To Common Shares | 127.611M | 2.348M | 33.766M | 25.143M | 8.647M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 855.499M | 594.895M | 426.414M | 195.31M | 187.607M |
| Intangible Assets | 48.668M | 56.585M | 65.236M | 71.988M | 79.973M |
| Other Current Assets | 4.421M | 4.632M | 5.042M | 0.155M | 0.798M |
| Total Liab | 310.503M | 293.906M | 433.912M | 379.433M | 37.701M |
| Total Stockholder Equity | 544.996M | 291.374M | 2.553M | -184.123M | 149.906M |
| Other Current Liab | 52.866M | 17.882M | 9.569M | 5.967M | 1.264M |
| Common Stock | 0.002M | 0.002M | 0.002M | -184.123M | 149.906M |
| Capital Stock | 0.002M | 0.002M | 0.002M | - | - |
| Retained Earnings | 74.452M | 34.478M | -93.133M | - | - |
| Good Will | 69.941M | 69.941M | 69.436M | 50.176M | 50.176M |
| Other Assets | - | 293.899M | 182.72M | 4.236M | - |
| Cash | 22.707M | 8.766M | 5.006M | 10.073M | 7.082M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 92.63M | 52.622M | 31.554M | 24.101M | 24.541M |
| Current Deferred Revenue | 22.228M | 23.259M | - | - | - |
| Net Debt | 161.994M | 230.297M | 242.047M | 348.759M | 18.972M |
| Short Term Debt | 3.14M | 2M | 2M | 3.5M | 12.894M |
| Short Long Term Debt | 2M | 2M | 2M | 3.5M | 12.894M |
| Short Long Term Debt Total | 184.701M | 239.063M | 247.053M | 358.832M | 26.054M |
| Other Stockholder Equity | 470.542M | 256.894M | 95.684M | -184.123M | 152.55M |
| Property Plant Equipment | - | 20.93M | 15.574M | 12.763M | 10.947M |
| Total Current Assets | 227.186M | 153.54M | 93.448M | 56.147M | 46.511M |
| Long Term Investments | - | - | - | - | - |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | 147.254M | 67.288M | 45.032M | 30.798M | 29.797M |
| Long Term Debt | 179.445M | 237.063M | 55.14M | 355.332M | 13.16M |
| Inventory | 52.804M | 72.854M | 38.368M | 15.121M | 8.834M |
| Accounts Payable | 14.396M | 9.481M | 19.985M | 14.634M | 10.383M |
| Accumulated Other Comprehensive Income | 0M | - | - | - | -2.644M |
| Non Currrent Assets Other | 2.296M | 6.325M | 5.762M | 4.236M | - |
| Non Current Assets Total | 628.313M | 441.355M | 332.966M | 139.163M | 141.096M |
| Capital Lease Obligations | - | - | - | - | - |
| Long Term Debt Total | - | - | 55.14M | - | - |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | -3.657M | -17.035M | -3.236M | -1.719M | -1.405M |
| Total Cashflows From Investing Activities | -3.657M | -17.035M | -3.236M | -1.719M | -1.405M |
| Total Cash From Financing Activities | -36.589M | 20.602M | -47.855M | -27.489M | -19.161M |
| Net Income | 143.013M | 3.944M | 33.766M | 25.143M | 8.647M |
| Change In Cash | -0.791M | -0.516M | 2.991M | 6.974M | -17.565M |
| Begin Period Cash Flow | 9.557M | 10.073M | 7.082M | 0.108M | 17.673M |
| End Period Cash Flow | 8.766M | 9.557M | 10.073M | 7.082M | 0.108M |
| Total Cash From Operating Activities | 39.455M | -4.083M | 54.082M | 36.182M | 3.001M |
| Depreciation | 10.509M | 10.053M | 9.405M | 9.163M | 8.99M |
| Other Cashflows From Investing Activities | -0.503M | -12.909M | -0.503M | -0.503M | - |
| Dividends Paid | 7.762M | 4.837M | -376.046M | -13.989M | 10.661M |
| Change To Inventory | -36.927M | -17.188M | -6.475M | -0.694M | -4.447M |
| Sale Purchase Of Stock | - | 144.817M | - | - | - |
| Other Cashflows From Financing Activities | -24.392M | -372.545M | 374.441M | 2.5M | 10M |
| Capital Expenditures | 3.154M | 4.126M | 3.236M | 1.719M | 1.405M |
| Change In Working Capital | -38.011M | -34.156M | 2.121M | 1.537M | -14.634M |
| Other Non Cash Items | -100.57M | 4.603M | 0.351M | 0.339M | -0.002M |
| Free Cash Flow | 36.301M | -8.209M | 50.846M | 34.463M | 1.596M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Explorer Inv | 2 years ago | 7132918 |
| 2. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 5191249 |
| 3. | BNP Paribas Energy Transition C D | 2 years ago | 4752519 |
| 4. | Vanguard Small Cap Index | 2 years ago | 4324118 |
| 5. | iShares Russell 2000 ETF | 2 years ago | 3987978 |
| 6. | First Trust RBA Amer Indl RenaisTM ETF | 2 years ago | 3846501 |
| 7. | Invesco Solar ETF | 2 years ago | 3232032 |
| 8. | ClearBridge Small Cap Growth A | 2 years ago | 2855900 |
| 9. | ClearBridge Small Cap Growth | 2 years ago | 2741400 |
| 10. | iShares Global Clean Energy ETF USD Dist | 2 years ago | 2724396 |
| 11. | Templeton Glb Climate Change A(Ydis)EUR | 2 years ago | 2687960 |
| 12. | Handelsbanken Hållbar Energi A1 SEK | 2 years ago | 2682613 |
| 13. | Pictet-Clean Energy Transition I USD | 2 years ago | 2610321 |
| 14. | JPM US Small Cap Core-Composite | 2 years ago | 2600633 |
| 15. | JPMorgan Small Cap Equity A | 2 years ago | 2600633 |
| 16. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 2541802 |
| 17. | T. Rowe Price Mid-Cap Growth | 2 years ago | 2460000 |
| 18. | T. Rowe Price US Mid-Cap Growth Equity | 2 years ago | 2460000 |
| 19. | Vanguard Small Cap Growth Index Inv | 2 years ago | 2444036 |
| 20. | iShares Global Clean Energy ETF | 2 years ago | 1915597 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | BlackRock Inc | 2 years ago | 21540815 |
| 2. | Vanguard Group Inc | 2 years ago | 16531712 |
| 3. | Wellington Management Company LLP | 2 years ago | 12910322 |
| 4. | William Blair Investment Management, LLC | 2 years ago | 10221644 |
| 5. | ClearBridge Advisors, LLC | 2 years ago | 8928066 |
| 6. | JPMorgan Chase & Co | 2 years ago | 7104050 |
| 7. | Amvescap Plc. | 2 years ago | 6112481 |
| 8. | T. Rowe Price Investment Management,Inc. | 2 years ago | 5005878 |
| 9. | Encompass Capital Advisors LLC | 2 years ago | 4902132 |
| 10. | Goldman Sachs Group Inc | 2 years ago | 4431630 |
| 11. | State Street Corporation | 2 years ago | 4371611 |
| 12. | Pictet Asset Manangement SA | 2 years ago | 3959628 |
| 13. | BNP Paribas Investment Partners SA | 2 years ago | 3923048 |
| 14. | Geode Capital Management, LLC | 2 years ago | 3770499 |
| 15. | Schroder Investment Management Group | 2 years ago | 3433591 |
| 16. | JOHO Capital LLC | 2 years ago | 3036006 |
| 17. | Handelsbanken Fonder AB | 2 years ago | 2730913 |
| 18. | Amundi | 2 years ago | 2233313 |
| 19. | First Trust Advisors L.P. | 2 years ago | 2178531 |
| 20. | SIR Capital Management, L.P. | 2 years ago | 2162045 |
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