WallStSmart

Ascent Solar Technologies, Inc. (ASTI)vsShoals Technologies Group Inc (SHLS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shoals Technologies Group Inc generates 307237% more annual revenue ($588.06M vs $191,340). SHLS leads profitability with a 5.4% profit margin vs 0.0%. SHLS appears more attractively valued with a PEG of 0.52. SHLS earns a higher WallStSmart Score of 57/100 (C).

ASTI

Hold

40

out of 100

Grade: F

Growth: 4.7Profit: 2.5Value: 6.0Quality: 7.0
Piotroski: 4/9Altman Z: -113.58

SHLS

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 5.0Value: 7.3Quality: 7.5
Piotroski: 5/9Altman Z: 2.30
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ASTI.

SHLSUndervalued (+51.2%)

Margin of Safety

+51.2%

Fair Value

$20.06

Current Price

$7.30

$12.76 discount

UndervaluedFair: $20.06Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASTI4 strengths · Avg: 9.0/10
Revenue GrowthGrowth
461.3%10/10

Revenue surging 461.3% year-over-year

Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.968/10

Growing faster than its price suggests

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

SHLS3 strengths · Avg: 8.7/10
Revenue GrowthGrowth
47.4%10/10

Revenue surging 47.4% year-over-year

PEG RatioValuation
0.528/10

Growing faster than its price suggests

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

ASTI4 concerns · Avg: 2.5/10
Market CapQuality
$28.27M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Return on EquityProfitability
-49.8%2/10

ROE of -49.8% — below average capital efficiency

EPS GrowthGrowth
-90.2%2/10

Earnings declined 90.2%

SHLS4 concerns · Avg: 3.3/10
P/E RatioValuation
39.2x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.19B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.8%3/10

ROE of 5.8% — below average capital efficiency

Profit MarginProfitability
5.4%3/10

5.4% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : ASTI

The strongest argument for ASTI centers on Revenue Growth, Debt/Equity, PEG Ratio. Revenue growth of 461.3% demonstrates continued momentum. PEG of 0.96 suggests the stock is reasonably priced for its growth.

Bull Case : SHLS

The strongest argument for SHLS centers on Revenue Growth, PEG Ratio, Price/Book. Revenue growth of 47.4% demonstrates continued momentum. PEG of 0.52 suggests the stock is reasonably priced for its growth.

Bear Case : ASTI

The primary concerns for ASTI are Market Cap, Profit Margin, Return on Equity.

Bear Case : SHLS

The primary concerns for SHLS are P/E Ratio, Market Cap, Return on Equity.

Key Dynamics to Monitor

ASTI carries more volatility with a beta of 2.35 — expect wider price swings.

ASTI is growing revenue faster at 461.3% — sustainability is the question.

SHLS generates stronger free cash flow (-207,000), providing more financial flexibility.

Monitor SOLAR industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SHLS scores higher overall (57/100 vs 40/100) and 47.4% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Ascent Solar Technologies, Inc.

TECHNOLOGY · SOLAR · USA

Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumer/OEM applications. The company is headquartered in Thornton, Colorado.

Shoals Technologies Group Inc

TECHNOLOGY · SOLAR · USA

Shoals Technologies Group, Inc. provides Electric Balance System (EBOS) solutions for solar energy projects in the United States. The company is headquartered in Portland, Tennessee.

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