SHLS (Shoals Technologies Group) EV-to-OCF: -73.52 (As of Aug. 29, 2026)

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SHLS Shoals Technologies Group Inc SHLS
85 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-OCF?

Shoals Technologies Group SHLS -3.77% 85 EV-to-OCF is -73.52 as of Aug. 29, 2026. GuruFocus rates SHLS with a GF Score™ of 85/100 and a GF Value™ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,034 Semiconductors companies, Shoals Technologies Group ranks better than 92.26% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Shoals Technologies Group's Enterprise Value is $1,419.7 Mil. Shoals Technologies Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-19.3 Mil. Therefore, Shoals Technologies Group's EV-to-OCF for today is -73.52.

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

SHLS' s EV-to-OCF Range Over the Past 10 Years
Min: -699.67   Med: 37.27   Max: 988.73
Current: -73.52

During the past 8 years, the highest EV-to-OCF of Shoals Technologies Group was 988.73. The lowest was -699.67. And the median was 37.27.

SHLS's EV-to-OCF is ranked better than
92.26% of 1034 companies
in the Semiconductors industry
Industry Median: 13.27 vs SHLS: -73.52

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-29), Shoals Technologies Group's stock price is $7.14. Shoals Technologies Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.190. Therefore, Shoals Technologies Group's PE Ratio (TTM) for today is 37.58.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Shoals Technologies Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.14/0.190
=37.58

Shoals Technologies Group's share price for today is $7.14.
Shoals Technologies Group's Earnings per Share (Diluted) 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 $0.190.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Shoals Technologies Group EV-to-OCF Related Terms


Shoals Technologies Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Shoals Technologies Group's EV-to-OCF 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-OCF Chart

Shoals Technologies Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial -723.69 92.31 30.48 12.96 93.25

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-OCF 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 26.68 39.78 93.25 -33.09 -97.57

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

For the Solar subindustry, Shoals Technologies Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Semiconductors Industry

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

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


SHLS
85GF Score
Shoals Technologies Group Inc SHLS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoals Technologies Group EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1419.749/-19.31
=-73.52

Shoals Technologies Group's current Enterprise Value is $1,419.7 Mil.
Shoals Technologies Group's Cash Flow from Operations 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 $-19.3 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-OCF →
What does a EV-to-OCF of -73.52 mean?
Shoals Technologies Group (SHLS) has a EV-to-OCF of -73.52 as of Aug. 29, 2026. According to the industry distribution chart, Shoals Technologies Group ranks #80 out of 1034 companies in the Semiconductors industry, placing it in the top 7.7%.
Is Shoals Technologies Group's EV-to-OCF too high?
Shoals Technologies Group's current EV-to-OCF is -73.52. Based on the distribution chart, Shoals Technologies Group ranks #80 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shoals Technologies Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's EV-to-OCF compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #80 out of 1034 companies for EV-to-OCF. This places Shoals Technologies Group in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 13.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.27, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current EV-to-OCF is -73.52. 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-OCF is -73.52. Shoals Technologies Group's overall GF Score™ is 85/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current EV-to-OCF is -73.52 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-OCF: -73.52
  • GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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.
85GF Score

Get the complete analysis for SHLS

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

$7.14
Price
$9.97
GF Value