WallStSmart

Enphase Energy Inc (ENPH)vsShoals Technologies Group Inc (SHLS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Enphase Energy Inc generates 210% more annual revenue ($1.47B vs $475.33M). ENPH leads profitability with a 11.7% profit margin vs 7.1%. SHLS appears more attractively valued with a PEG of 0.61. SHLS earns a higher WallStSmart Score of 70/100 (B-).

ENPH

Hold

46

out of 100

Grade: D+

Growth: 2.0Profit: 6.5Value: 7.3Quality: 7.3
Piotroski: 4/9

SHLS

Strong Buy

70

out of 100

Grade: B-

Growth: 8.7Profit: 5.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ENPHSignificantly Overvalued (-449.9%)

Margin of Safety

-449.9%

Fair Value

$8.77

Current Price

$42.53

$33.76 premium

UndervaluedFair: $8.77Overvalued
SHLSSignificantly Overvalued (-21.2%)

Margin of Safety

-21.2%

Fair Value

$8.08

Current Price

$6.91

$1.17 premium

UndervaluedFair: $8.08Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ENPH0 strengths · Avg: 0/10

No standout strengths identified

SHLS4 strengths · Avg: 8.5/10
Revenue GrowthGrowth
38.6%10/10

Revenue surging 38.6% year-over-year

PEG RatioValuation
0.618/10

Growing faster than its price suggests

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

EPS GrowthGrowth
21.0%8/10

Earnings expanding 21.0% YoY

Areas to Watch

ENPH4 concerns · Avg: 2.8/10
P/E RatioValuation
31.8x4/10

Premium valuation, high expectations priced in

Debt/EquityHealth
1.113/10

Elevated debt levels

Revenue GrowthGrowth
-10.3%2/10

Revenue declined 10.3%

EPS GrowthGrowth
-36.4%2/10

Earnings declined 36.4%

SHLS4 concerns · Avg: 3.3/10
P/E RatioValuation
34.5x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.16B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.8%3/10

ROE of 5.8% — below average capital efficiency

Profit MarginProfitability
7.1%3/10

7.1% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : ENPH

PEG of 1.02 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 38.6% demonstrates continued momentum. PEG of 0.61 suggests the stock is reasonably priced for its growth.

Bear Case : ENPH

The primary concerns for ENPH are P/E Ratio, Debt/Equity, Revenue Growth.

Bear Case : SHLS

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

Key Dynamics to Monitor

ENPH profiles as a declining stock while SHLS is a hypergrowth play — different risk/reward profiles.

SHLS carries more volatility with a beta of 1.76 — expect wider price swings.

SHLS is growing revenue faster at 38.6% — sustainability is the question.

ENPH generates stronger free cash flow (38M), providing more financial flexibility.

Bottom Line

SHLS scores higher overall (70/100 vs 46/100) and 38.6% revenue growth. Both earn "Strong 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.

Enphase Energy Inc

TECHNOLOGY · SOLAR · USA

Enphase Energy is an American energy technology company headquartered in Fremont, California. Enphase designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control.

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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