WallStSmart

First Solar Inc (FSLR)vsShoals Technologies Group Inc (SHLS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

First Solar Inc generates 998% more annual revenue ($5.22B vs $475.33M). FSLR leads profitability with a 29.3% profit margin vs 7.1%. FSLR appears more attractively valued with a PEG of 0.49. FSLR earns a higher WallStSmart Score of 82/100 (A-).

FSLR

Exceptional Buy

82

out of 100

Grade: A-

Growth: 8.7Profit: 8.5Value: 10.0Quality: 6.3
Piotroski: 4/9Altman Z: 2.93

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

FSLRUndervalued (+65.8%)

Margin of Safety

+65.8%

Fair Value

$665.03

Current Price

$193.51

$471.52 discount

UndervaluedFair: $665.03Overvalued
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

FSLR6 strengths · Avg: 8.8/10
PEG RatioValuation
0.4910/10

Growing faster than its price suggests

Operating MarginProfitability
32.6%10/10

Strong operational efficiency at 32.6%

Profit MarginProfitability
29.3%9/10

Keeps 29 of every $100 in revenue as profit

P/E RatioValuation
13.6x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

EPS GrowthGrowth
32.3%8/10

Earnings expanding 32.3% YoY

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

FSLR0 concerns · Avg: 0/10

No major concerns identified

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 : FSLR

The strongest argument for FSLR centers on PEG Ratio, Operating Margin, Profit Margin. Profitability is solid with margins at 29.3% and operating margin at 32.6%. Revenue growth of 11.1% demonstrates continued momentum.

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 : FSLR

No major red flags identified for FSLR, but monitor valuation.

Bear Case : SHLS

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

Key Dynamics to Monitor

FSLR profiles as a mature 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.

FSLR generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

FSLR scores higher overall (82/100 vs 70/100), backed by strong 29.3% margins and 11.1% revenue growth. Both earn "Exceptional Buy" and "Strong 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.

First Solar Inc

TECHNOLOGY · SOLAR · USA

First Solar, Inc. offers solar photovoltaic (PV) solutions in the United States, Japan, France, Canada, India, Australia, and internationally. The company is headquartered in Tempe, Arizona.

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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