Head-To-Head Survey: Shoals Technologies Group (NASDAQ:SHLS) vs. Solar Integrated Roofing (OTCMKTS:SIRC)

Solar Integrated Roofing (OTCMKTS:SIRC) and Shoals Technologies Group (NASDAQ:SHLS) are both small-cap energy companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Analyst Ratings

This is a summary of current ratings and recommmendations for Solar Integrated Roofing and Shoals Technologies Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Solar Integrated Roofing	0	0	0	0	0.00
Shoals Technologies Group	0	6	10	0	2.62

Shoals Technologies Group has a consensus target price of $10.31, suggesting a potential upside of 5.15%. Given Shoals Technologies Group’s stronger consensus rating and higher possible upside, analysts clearly believe Shoals Technologies Group is more favorable than Solar Integrated Roofing.

Volatility and Risk

Solar Integrated Roofing has a beta of -1.36, meaning that its stock price is 236% less volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.9, meaning that its stock price is 90% more volatile than the S&P 500.

Profitability

This table compares Solar Integrated Roofing and Shoals Technologies Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Solar Integrated Roofing	N/A	N/A	N/A
Shoals Technologies Group	6.27%	10.03%	6.63%

Earnings and Valuation

This table compares Solar Integrated Roofing and Shoals Technologies Group”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Solar Integrated Roofing	$37.31 million	0.00	-$27.40 million	($0.03)	N/A
Shoals Technologies Group	$475.33 million	3.45	$33.57 million	$0.20	49.02

Shoals Technologies Group has higher revenue and earnings than Solar Integrated Roofing. Solar Integrated Roofing is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

Summary

Shoals Technologies Group beats Solar Integrated Roofing on 10 of the 10 factors compared between the two stocks.

About Solar Integrated Roofing

Solar Integrated Roofing Corp. provides integrated, single-source solar power and roofing systems installation services for commercial and residential properties in the United States. It offers battery backup, electric vehicle charging, roofing, and related HVAC/electrical contracting works; and sells solar panels. The company was formerly known as Landstar Development Group, Inc. and changed its name to Solar Integrated Roofing Corp. in November 2015. Solar Integrated Roofing Corp. was incorporated in 2007 and is based in Henderson, Nevada.

About Shoals Technologies Group

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.