Financial Analysis: Shoals Technologies Group (NASDAQ:SHLS) and Three Sixty Solar (OTCMKTS:VSOLF)

Shoals Technologies Group (NASDAQ:SHLS) and Three Sixty Solar (OTCMKTS:VSOLF) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Shoals Technologies Group	5.27%	7.57%	5.32%
Three Sixty Solar	N/A	N/A	N/A

Valuation and Earnings

This table compares Shoals Technologies Group and Three Sixty Solar”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shoals Technologies Group	$399.21 million	4.51	$24.13 million	$0.13	82.69
Three Sixty Solar	N/A	N/A	N/A	N/A	N/A

Shoals Technologies Group has higher revenue and earnings than Three Sixty Solar.

Analyst Ratings

This is a summary of current ratings and price targets for Shoals Technologies Group and Three Sixty Solar, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shoals Technologies Group	2	5	15	1	2.65
Three Sixty Solar	0	0	0	0	0.00

Shoals Technologies Group currently has a consensus target price of $8.00, suggesting a potential downside of 25.58%. Given Three Sixty Solar’s higher possible upside, analysts plainly believe Three Sixty Solar is more favorable than Shoals Technologies Group.

Summary

Shoals Technologies Group beats Three Sixty Solar on 7 of the 8 factors compared between the two stocks.

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.

About Three Sixty Solar

Three Sixty Solar Ltd. designs, builds, and installs vertical solar array systems in Canada. It also offers solar towers for commercial projects and utility scale solar farms. The company was founded in 1994 and is headquartered in Vancouver, Canada.