EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shoals Technologies Group's Enterprise Value is $1,992.7 Mil.
Shoals Technologies Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-77.4 Mil. Therefore, Shoals Technologies Group's EV-to-FCF for today is -25.74.
The historical rank and industry rank for Shoals Technologies Group's EV-to-FCF or its related term are showing as below:
SHLS'
s EV-to-FCF Range Over the Past 10 Years
Min: -2598.66 Med: 29.85 Max: 1059.46
Current: -25.74
During the past 8 years, the highest EV-to-FCF of Shoals Technologies Group was 1059.46. The lowest was -2598.66. And the median was 29.85.
SHLS's EV-to-FCF is ranked worse than 100% of 504
companies
in the Semiconductors industry
Industry Median: 47.855
vs SHLS: -25.74
EV-to-FCF 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 (NAS:SHLS) EV-to-FCF Explanation
EV-to-FCF 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:
Shoals Technologies Group's share price for today is $10.60.
Shoals Technologies Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.200.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Shoals Technologies Group EV-to-FCF Related Terms
Shoals Technologies Group EV-to-FCF Historical Data
* 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.
For the Solar subindustry, Shoals Technologies Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's EV-to-FCF falls into.
Shoals Technologies Group's current Enterprise Value is $1,992.7 Mil.
Shoals Technologies Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-77.4 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 (SHLS) has a EV-to-FCF of -25.74 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shoals Technologies Group and its competitors. According to the industry distribution chart, Shoals Technologies Group ranks #999999 out of 504 companies in the Semiconductors industry.
Is Shoals Technologies Group's EV-to-FCF too high?
Shoals Technologies Group's current EV-to-FCF is -25.74. Based on the distribution chart, Shoals Technologies Group ranks #999999 out of 504 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shoals Technologies Group has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's EV-to-FCF compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #999999 out of 504 companies for EV-to-FCF. This places Shoals Technologies Group in the lower half of its industry. The industry median EV-to-FCF is 47.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 47.86, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shoals Technologies Group and its competitors. For the Semiconductors industry, the median EV-to-FCF is 47.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current EV-to-FCF is -25.74. 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 Fairly Valued. The stock's GF Value™ is $9.66, compared to a current price of $10.60 — trading 9.7% above its estimated fair value. The current EV-to-FCF is -25.74. Shoals Technologies Group's overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current EV-to-FCF is -25.74 as of Jul. 06, 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 overvalued.
The current stock price of $10.60 is trading 9.7% above its estimated GF Value™ of $9.66.
GuruFocus considers Shoals Technologies Group to be Fairly Valued.
Key valuation signals for SHLS:
EV-to-FCF: -25.74
GF Value™: $9.66 vs. price of $10.60 (9.7% above fair value)
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 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.
88GF Score
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