RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Shoals Technologies Group Stock

Shoals Technologies Group ROCE 2024

Shoals Technologies Group ROCE

0.15

Ticker

SHLS

ISIN

US82489W1071

In 2024, Shoals Technologies Group's return on capital employed (ROCE) was 0.15, a -36.26% increase from the 0.23 ROCE in the previous year.

Shoals Technologies Group Aktienanalyse

What does Shoals Technologies Group do?

Shoals Technologies Group Inc is a company specializing in the manufacturing and selling of electronic components for solar installations. It was founded in 1996 and is headquartered in Portland, Tennessee, USA. Shoals Technologies was founded by Dean Solon and Joe Pritzel, who recognized the need for efficient solar wiring and established the company to address this gap. The company's business model revolves around producing and selling electronic components for solar installations, with a focus on PV string monitoring and safety devices, MBB interconnections, and solutions for photovoltaic systems. The company's main divisions include String Routing Systems (SRS), Quick Mounting Systems (QMS), and Voltage Testing. SRS devices monitor and supervise solar installations, measuring panel power consumption and providing an overview of system performance. QMS products are easy to install and help save time and money during solar installation. Shoals Technologies' voltage testing is essential for ensuring proper functioning of solar systems and detecting faults. The company's products are used in over 50 countries and cater to solar plant operators, installers, and module manufacturers. Shoals Technologies aims to provide reliable, efficient, and cost-effective solutions for the solar industry. The company has a history of innovation and growth, continuously developing new products and services to meet customer demands. In 2016, Shoals Technologies acquired a production facility in China to expand its reach in the Asian solar industry. Shortly after, the company went public and is currently listed on NASDAQ under the ticker symbol SHLS. Shoals Technologies strives to shape the future of solar energy through innovative products and technologies. They see themselves as pioneers in the industry, committed to supporting global customers in generating clean and sustainable energy. Shoals Technologies Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Shoals Technologies Group's Return on Capital Employed (ROCE)

Shoals Technologies Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Shoals Technologies Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Shoals Technologies Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Shoals Technologies Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Shoals Technologies Group stock

What is the ROCE (Return on Capital Employed) of Shoals Technologies Group this year?

The ROCE of Shoals Technologies Group is 0.15 undefined this year.

How has the ROCE (Return on Capital Employed) of Shoals Technologies Group developed compared to the previous year?

The ROCE of Shoals Technologies Group has increased by -36.26% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Shoals Technologies Group?

A high Return on Capital Employed (ROCE) indicates that Shoals Technologies Group has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Shoals Technologies Group?

A low ROCE (Return on Capital Employed) can indicate that Shoals Technologies Group has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Shoals Technologies Group impact the company?

An increase in the ROCE of Shoals Technologies Group can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Shoals Technologies Group affect the company?

A decrease in ROCE of Shoals Technologies Group can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Shoals Technologies Group?

Some factors that can affect Shoals Technologies Group's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Shoals Technologies Group so important for investors?

The ROCE of Shoals Technologies Group is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Shoals Technologies Group take to improve the ROCE?

To improve the ROCE, Shoals Technologies Group can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Shoals Technologies Group pay?

Over the past 12 months, Shoals Technologies Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shoals Technologies Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Shoals Technologies Group?

The current dividend yield of Shoals Technologies Group is .

When does Shoals Technologies Group pay dividends?

Shoals Technologies Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shoals Technologies Group?

Shoals Technologies Group paid dividends every year for the past 0 years.

What is the dividend of Shoals Technologies Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shoals Technologies Group located?

Shoals Technologies Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shoals Technologies Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shoals Technologies Group from 10/6/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/6/2024.

When did Shoals Technologies Group pay the last dividend?

The last dividend was paid out on 10/6/2024.

What was the dividend of Shoals Technologies Group in the year 2023?

In the year 2023, Shoals Technologies Group distributed 0 USD as dividends.

In which currency does Shoals Technologies Group pay out the dividend?

The dividends of Shoals Technologies Group are distributed in USD.

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Andere Kennzahlen von Shoals Technologies Group

Our stock analysis for Shoals Technologies Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shoals Technologies Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.