Is Shoals Technologies Group Inc (SHLS) overvalued? · P/E 47, rev $399.2M
Shoals Technologies Group Inc (SHLS) is a solar company listed on NASDAQ.
This page asks whether Shoals Technologies Group Inc (SHLS) looks expensive on cached numbers — not a short thesis.
Latest reported SHLS revenue for 2024-12-31 was $399.2M. Net income was $24.1M. Revenue was down 18.4% from 2023-12-31 to 2024-12-31. SHLS currently screens at market cap $1.58B and trailing P/E 47.2.
SHLS currently screens at market cap $1.58B and trailing P/E 47.2. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next SHLS 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the SHLS stock page for the full model, not this heading.
Not investment advice.