Array Technologies vs Shoals Technologies
ARRY and SHLS side by side, both in electronic components and accessories. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ARRY and SHLS compare
Shoals Technologies is the larger company, worth 1.8 times as much as Array Technologies ($1.5B against $801M).
Shoals Technologies grew revenue faster over the last twelve months (49.2% versus −15.9% for Array Technologies).
Shoals Technologies keeps more of each dollar of sales as profit, with a net margin of 5.8% compared with −9.9% at Array Technologies.
Shoals Technologies scores higher on the StockData Score (12 against 6 for Array Technologies), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ARRY | SHLS |
|---|---|---|
| Size and price | ||
| Market cap | $801M | $1.5B |
| Share price | $5.20 | $8.80 |
| Change, 1 year | −43.3% | −6.3% |
| Change, 5 years | −79.0% | −73.2% |
| Beta (5Y) | 1.55 | 1.13 |
| Employees | 1,200 | 1,480 |
| StockData Score | ||
| Total score | 6 | 12 (better) |
| Valuation score | 3 | 4 (better) |
| Growth score | 1 | 3 (better) |
| Performance score | 0 | 2 (better) |
| Health score | 2 | 3 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | – | 38.3× |
| P/S | 0.7× (better) | 2.3× |
| P/B | – | 2.3× |
| EV/EBITDA | – | 17.2× |
| P/FCF | 7.2× | – |
| FCF yield | 14.0% (better) | −2.3% |
| Fair value | $13.33 | $9.81 |
| Margin of safety | 61.0% (better) | 10.3% |
| Growth | ||
| Revenue growth (TTM) | −15.9% | 49.2% (better) |
| Revenue growth, 5Y average | 8.0% | 22.0% (better) |
| Net income growth (TTM) | – | 13.7% |
| EPS growth (TTM) | – | 15.0% |
| Profitability | ||
| Gross margin | 22.4% | 30.9% (better) |
| Operating margin | −8.2% | 11.2% (better) |
| Net margin | −9.9% | 5.8% (better) |
| FCF margin | 10.0% (better) | −5.3% |
| Return on equity | – | 6.2% |
| Return on invested capital | −20.2% | 8.6% (better) |
| Financial health | ||
| Interest coverage | −4.1× | 5.7× (better) |
| Current ratio | 1.62 | 2.45 (better) |
| Altman Z-score | 0.76 | 4.00 (better) |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 132% | 105% |
| Held by insiders | 0.81% | 2.0% |
| Insider net buying, 12 months | – | −$618K |
| Short interest, % of float | 26.1% | 9.5% |
Go deeper
- ARRY stock overview
- ARRY income statement
- ARRY valuation and score
- SHLS stock overview
- SHLS income statement
- SHLS valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.