Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$8.00 | Rlqg | Fpzybbjt |
Shoals Weathers Industry Challenges in 2022; Reports Strong Backlog Growth
Business Strategy and Outlook
Shoals has crafted a market-leading position within the solar electrical balance-of-system, or EBOS, market. EBOS is a lesser-known segment of solar and comprises components transferring electrical current from solar modules to an inverter. The main customers of EBOS are engineering, procurement, and construction firms building solar projects.