Shoals Technologies Stock Fair Value Calculator – SHOALS TECHNOLOGIES Poised for Expansion in 2024

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SHOALS Technologies is a leading provider of energy-efficient, cloud-managed and green data solutions for businesses around the world. Their energy-efficient solutions allow customers to reduce costs while boosting productivity, making them a preferred choice among businesses.

In addition, their cloud-managed solutions are designed to provide maximum security and flexibility, while their green data solutions provide clients with cost-effective ways to reduce their environmental footprint. The company’s financial performance has been strong in recent years, with revenue growing steadily year-over-year. Moreover, the company has an impressive portfolio of products and services that make them well-positioned to capitalize on the booming data industry. With their expansive network of global partners, it is clear that Shoals Technologies ($NASDAQ:SHLS) is well-prepared for growth in the coming year. With continued focus on innovation, customer service and sustainability, Shoals Technologies is sure to become an industry leader in 2024.

Price History

SHOALS TECHNOLOGIES is poised for expansion in 2024 following its closing stock price on Friday, which opened at $15.8 and closed at $15.5. This indicates a 1.8% decrease from its last closing price of $15.8. Despite the modest drop, SHOALS TECHNOLOGIES is well positioned to capitalize on upcoming market opportunities in the coming year, suggesting a period of growth and increased revenue for the company. In preparation for expansion, SHOALS TECHNOLOGIES is already investing in new technology and resources to ensure the company is well placed to maximize every opportunity for growth.

With careful planning and the right strategies in place, it is expected that SHOALS TECHNOLOGIES will make significant strides in the coming year. Looking ahead to 2024, SHOALS TECHNOLOGIES is well placed to expand its current operations and gain a larger share of the market. With its strong foundation and versatile solutions, SHOALS TECHNOLOGIES is set for success in the years ahead. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Shoals Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Shoals Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Shoals Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Shoals Technologies are shown below. More…

Analysis – Shoals Technologies Stock Fair Value Calculator

At GoodWhale, we recently conducted an analysis of the well-being of SHOALS TECHNOLOGIES. After careful consideration, we determined that the fair value of their shares is around $27.8, calculated through our proprietary Valuation Line. However, at the moment, SHOALS TECHNOLOGIES stock is being traded at $15.5, which means that it is currently undervalued by 44.3%. This presents an attractive opportunity for potential investors to purchase the stock at a discounted rate. More…

Peers

In the renewable energy industry, there is stiff competition between Shoals Technologies Group Inc and its competitors: Acmepoint Energy Services Co, P2 Solar Inc, and Pekat Group Bhd. All four companies are striving to provide the most efficient and innovative products and services in the market.

– Acmepoint Energy Services Co ($TPEX:6692)

Acmepoint Energy Services Co is a publicly traded company that provides energy services to residential and commercial customers in the United States. The company has a market cap of 1.21B as of 2022 and a return on equity of 3.39%. The company’s primary business is providing electricity and natural gas service to customers in deregulated markets. Acmepoint Energy Services Co also offers a variety of energy-related products and services, including energy efficiency products, demand response programs, and renewable energy products.

– P2 Solar Inc ($OTCPK:PTOS)

P2 Solar Inc has a market cap of 1.01M as of 2022, a Return on Equity of 36.61%. P2 Solar is a provider of solar power solutions. The company’s products include solar panels, inverters, and batteries. P2 Solar also offers engineering, procurement, and construction services.

– Pekat Group Bhd ($KLSE:0233)

Pekat Group Bhd is a Malaysian conglomerate with interests in a wide range of industries, including construction, property development, and manufacturing. The company has a market capitalization of 322.48 million as of 2022 and a return on equity of 9.39%. Pekat Group is headquartered in Kuala Lumpur and listed on the Bursa Malaysia stock exchange.

Summary

Shoals Technologies Group (SHLS) is a leading provider of energy infrastructure solutions. The company has developed a strong presence in the global energy market, offering integrated solutions for the provision of power, energy storage, and energy optimization. It has a diversified portfolio of products and services, including power conversion systems, electrical energy storage systems, E-Mobility solutions, and vehicle charging infrastructure. Its strong financials, an experienced management team, and an extensive network of partners are indicative of its ability to remain competitive in the future.

Furthermore, its focus on research and development is likely to help it to stay ahead of the competition and grow its business. With these factors in play, SHLS appears to be a compelling investment option for investors seeking exposure to the energy infrastructure sector.