SHLS
Price:
$5.39
Market Cap:
$898.51M
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group,...[Read more]
Industry
Solar
IPO Date
2021-01-28
Stock Exchange
NASDAQ
Ticker
SHLS
According to Shoals Technologies Group, Inc.’s latest financial reports and current stock price. The company's current ROE is 6.63%. This represents a change of 299.16% compared to the average of 1.66% of the last 4 quarters.
The mean historical ROE of Shoals Technologies Group, Inc. over the last ten years is 35.05%. The current 6.63% ROE has changed -81.07% with respect to the historical average. Over the past ten years (40 quarters), SHLS's ROE was at its highest in in the September 2021 quarter at 290.76%. The ROE was at its lowest in in the December 2021 quarter at -71.95%.
Average
35.05%
Median
12.05%
Minimum
-18.34%
Maximum
154.48%
Discovering the peaks and valleys of Shoals Technologies Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 168.22%
Maximum Annual ROE = 154.48%
Minimum Annual Increase = -942.39%
Minimum Annual ROE = -18.34%
Year | ROE | Change |
---|---|---|
2023 | 7.33% | -83.25% |
2022 | 43.80% | -71.65% |
2021 | 154.48% | -942.39% |
2020 | -18.34% | -209.34% |
2019 | 16.77% | 168.22% |
The current ROE of Shoals Technologies Group, Inc. (SHLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
68.54%
5-year avg
40.81%
10-year avg
35.05%
Shoals Technologies Group, Inc.’s ROE is greater than Array Technologies, Inc. (-16.13%), greater than Sunnova Energy International Inc. (-24.85%), less than Fluence Energy, Inc. (4.89%), greater than Qualtrics International Inc. (-51.90%), greater than Playtika Holding Corp. (-141.12%),
Company | ROE | Market cap |
---|---|---|
-16.13% | $896.46M | |
-24.85% | $471.07M | |
4.89% | $2.92B | |
-51.90% | $11.01B | |
-141.12% | $2.53B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Shoals Technologies Group, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Shoals Technologies Group, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Shoals Technologies Group, Inc.'s ROE?
How is the ROE calculated for Shoals Technologies Group, Inc. (SHLS)?
What is the highest ROE for Shoals Technologies Group, Inc. (SHLS)?
What is the 3-year average ROE for Shoals Technologies Group, Inc. (SHLS)?
What is the 5-year average ROE for Shoals Technologies Group, Inc. (SHLS)?
How does the current ROE for Shoals Technologies Group, Inc. (SHLS) compare to its historical average?