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Shoals Technologies Group (Shoals Technologies Group) EV-to-EBIT : 20.38 (As of Apr. 28, 2024)


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What is Shoals Technologies Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shoals Technologies Group's Enterprise Value is $1,610.7 Mil. Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $79.0 Mil. Therefore, Shoals Technologies Group's EV-to-EBIT for today is 20.38.

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: 13.96   Med: 59.27   Max: 215.32
Current: 20.38

During the past 6 years, the highest EV-to-EBIT of Shoals Technologies Group was 215.32. The lowest was 13.96. And the median was 59.27.

SHLS's EV-to-EBIT is ranked better than
56.12% of 670 companies
in the Semiconductors industry
Industry Median: 23.17 vs SHLS: 20.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shoals Technologies Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,802.4 Mil. Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $79.0 Mil. Shoals Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.82%.


Shoals Technologies Group EV-to-EBIT Historical Data

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.

* Premium members only.

Shoals Technologies Group EV-to-EBIT Chart

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

Shoals Technologies Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.36 21.97 22.16 18.80 35.46

Competitive Comparison of Shoals Technologies Group's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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.



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)
=1610.700/79.035
=20.38

Shoals Technologies Group's current Enterprise Value is $1,610.7 Mil.
Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $79.0 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  (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 Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=79.035/2802.35618
=2.82 %

Shoals Technologies Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,802.4 Mil.
Shoals Technologies Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $79.0 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

Thank you for viewing the detailed overview of Shoals Technologies Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shoals Technologies Group (Shoals Technologies Group) Business Description

Traded in Other Exchanges
Address
1400 Shoals Way, Portland, TN, USA, 37148
Shoals Technologies Group Inc is a provider of electrical balance of system or EBOS 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. In 2022 the company entered the electric vehicle charging market.
Executives
Jeffery Tolnar officer: President C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Mehgan Peetz officer: General Counsel C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Dominic Bardos officer: Chief Financial Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Brandon Moss officer: Chief Executive Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Jason R Whitaker director, officer: Chief Executive Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Dean Solon director C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Jeannette M Mills director C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Robert K. Julian director C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Philip A Garton officer: Chief Financial Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
White John Joseph Jr officer: Chief Operating Officer C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Lori S Sundberg director 400 NORTH FIFTH STREET, PHOENIX AZ 85004
Ty P. Daul director 77 RIO ROBLES, SAN JOSE CA 95134
Toni Volpe director C/O SHOALS TECHNOLOGIES GROUP, 1400 SHOALS WAY, PORTLAND TN 37148
Solon Holdco Iii, Llc 10 percent owner 1400 SHOALS WAY, PORTLAND TN 37148