WallStSmart

Shoals Technologies Group Inc (SHLS)vsTOYO Co., Ltd Ordinary Shares (TOYO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shoals Technologies Group Inc generates 7% more annual revenue ($588.06M vs $549.23M). TOYO leads profitability with a 14.9% profit margin vs 5.4%. TOYO trades at a lower P/E of 1.9x. TOYO earns a higher WallStSmart Score of 71/100 (B).

SHLS

Buy

57

out of 100

Grade: C

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

TOYO

Strong Buy

71

out of 100

Grade: B

Growth: 8.3Profit: 8.5Value: 6.7Quality: 6.0
Piotroski: 5/9Altman Z: 1.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SHLSUndervalued (+51.2%)

Margin of Safety

+51.2%

Fair Value

$20.06

Current Price

$7.30

$12.76 discount

UndervaluedFair: $20.06Overvalued

Intrinsic value data unavailable for TOYO.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

TOYO5 strengths · Avg: 10.0/10
P/E RatioValuation
1.9x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Return on EquityProfitability
30.3%10/10

Every $100 of equity generates 30 in profit

Revenue GrowthGrowth
35.0%10/10

Revenue surging 35.0% year-over-year

EPS GrowthGrowth
181.3%10/10

Earnings expanding 181.3% YoY

Areas to Watch

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

TOYO2 concerns · Avg: 3.5/10
Altman Z-ScoreHealth
1.544/10

Distress zone — elevated risk

Market CapQuality
$187.11M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : TOYO

The strongest argument for TOYO centers on P/E Ratio, Price/Book, Return on Equity. Revenue growth of 35.0% demonstrates continued momentum.

Bear Case : SHLS

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

Bear Case : TOYO

The primary concerns for TOYO are Altman Z-Score, Market Cap.

Key Dynamics to Monitor

SHLS profiles as a hypergrowth stock while TOYO is a growth play — different risk/reward profiles.

SHLS carries more volatility with a beta of 1.89 — expect wider price swings.

SHLS is growing revenue faster at 47.4% — sustainability is the question.

TOYO generates stronger free cash flow (5M), providing more financial flexibility.

Bottom Line

TOYO scores higher overall (71/100 vs 57/100) and 35.0% revenue growth. SHLS offers better value entry with a 51.2% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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.

TOYO Co., Ltd Ordinary Shares

TECHNOLOGY · SOLAR · USA

Toyo Co., Ltd. engages in the manufacture and sale of cutting tools. The company is headquartered in Shiojiri, Japan.

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