SHLS (Shoals Technologies Group) EV-to-EBIT: 25.19 (As of Aug. 29, 2026) — 10% Below Median

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SHLS Shoals Technologies Group Inc SHLS
89 GF Score
Price $7.14
GF Value $9.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shoals Technologies Group EV-to-EBIT?

Shoals Technologies Group SHLS -3.77% 89 EV-to-EBIT is 25.19 as of Aug. 29, 2026, which is 10% below its 10-year median of 28.05. GuruFocus rates SHLS with a GF Score™ of 89/100 and a GF Value™ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 717 Semiconductors companies, Shoals Technologies Group ranks better than 52.02% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shoals Technologies Group's Enterprise Value is $1,419.7 Mil. Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $56.4 Mil. Therefore, Shoals Technologies Group's EV-to-EBIT for today is 25.19.

The historical rank and industry rank for Shoals Technologies Group's EV-to-EBIT or its related term are showing as below:

SHLS' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.42   Med: 28.05   Max: 215.32
Current: 25.19

During the past 8 years, the highest EV-to-EBIT of Shoals Technologies Group was 215.32. The lowest was 11.42. And the median was 28.05.

SHLS's EV-to-EBIT is ranked better than
52.02% of 717 companies
in the Semiconductors industry
Industry Median: 28.26 vs SHLS: 25.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shoals Technologies Group's Enterprise Value for the quarter that ended in Jun. 2026 was $1,884.1 Mil. Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $56.4 Mil. Shoals Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.99%.


Shoals Technologies Group  (NAS:SHLS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Shoals Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=56.361/1884.1382
=2.99 %

Shoals Technologies Group's Enterprise Value for the quarter that ended in Jun. 2026 was $1,884.1 Mil.
Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $56.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shoals Technologies Group EV-to-EBIT Related Terms


Shoals Technologies Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Shoals Technologies Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shoals Technologies Group EV-to-EBIT Chart

Shoals Technologies Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 159.04 21.36 35.46 20.15 27.20

Shoals Technologies Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.69 23.72 27.20 23.35 33.43

SHLS vs CSIQ, ARRY, RUN: EV-to-EBIT Comparison

For the Solar subindustry, Shoals Technologies Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shoals Technologies Group EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shoals Technologies Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shoals Technologies Group's EV-to-EBIT falls into.


SHLS
89GF Score
Shoals Technologies Group Inc SHLS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoals Technologies Group EV-to-EBIT Calculation

Shoals Technologies Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1419.749/56.361
=25.19

Shoals Technologies Group's current Enterprise Value is $1,419.7 Mil.
Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $56.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 25.19 mean?
Shoals Technologies Group (SHLS) has a EV-to-EBIT of 25.19 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Shoals Technologies Group and its competitors. This is 10% below median its historical median of 28.05. Over the past decade, Shoals Technologies Group's EV-to-EBIT has ranged from 11.42 to 215.32. According to the industry distribution chart, Shoals Technologies Group ranks #344 out of 717 companies in the Semiconductors industry, placing it in the top 48%.
Is Shoals Technologies Group's EV-to-EBIT too high?
Shoals Technologies Group's current EV-to-EBIT of 25.19 is 10% below median its 10-year median of 28.05. Over the past 10 years, this metric has ranged from a low of 11.42 to a high of 215.32. The Semiconductors industry median EV-to-EBIT is 28.26. Shoals Technologies Group's value of 25.19 is 10.9% below this industry median. Based on the distribution chart, Shoals Technologies Group ranks #344 out of 717 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shoals Technologies Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's EV-to-EBIT compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #344 out of 717 companies for EV-to-EBIT. This puts Shoals Technologies Group in the upper half of its industry. The industry median EV-to-EBIT is 28.26. Shoals Technologies Group's value of 25.19 is 10.9% below this benchmark. Historically, Shoals Technologies Group's own EV-to-EBIT has ranged from 11.42 to 215.32 over the past decade. While the company's 10-year median is 28.05 vs. the industry median of 28.26, Shoals Technologies Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 28.26, based on 717 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shoals Technologies Group's current EV-to-EBIT of 25.19 is 10.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Shoals Technologies Group and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 28.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current EV-to-EBIT is 25.19, which is 10% below median its own 10-year median of 28.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoals Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Shoals Technologies Group (SHLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.97, compared to a current price of $7.14 — trading 28.4% below its estimated fair value. The current EV-to-EBIT is 25.19, which is 10% below median its 10-year median of 28.05 and 10.9% below the Semiconductors industry median of 28.26. Shoals Technologies Group's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current EV-to-EBIT is 25.19 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shoals Technologies Group (SHLS) Overvalued in 2026?

Based on GuruFocus' analysis, Shoals Technologies Group stock appears to be undervalued. The current stock price of $7.14 is trading 28.4% below its estimated GF Value™ of $9.97. GuruFocus considers Shoals Technologies Group to be Modestly Undervalued.

Key valuation signals for SHLS:

  • EV-to-EBIT: 25.19 (10% below median its 10-year median of 28.05)
  • GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 10.9% below the Semiconductors median (#344 of 717)

No single metric tells the full story. See the SHLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoals Technologies Group Business Description

Address 1400 Shoals Way, Portland, TN, USA, 37148
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
89GF Score

Get the complete analysis for SHLS

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.14
Price
$9.97
GF Value