Shoals Technologies Group (NASDAQ:SHLS) versus Energy Vault (NYSE:NRGV) Head to Head Review

Energy Vault (NYSE:NRGVGet Free Report) and Shoals Technologies Group (NASDAQ:SHLSGet Free Report) are both small-cap industrials companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Institutional & Insider Ownership

40.0% of Energy Vault shares are owned by institutional investors. 17.2% of Energy Vault shares are owned by insiders. Comparatively, 0.8% of Shoals Technologies Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Energy Vault and Shoals Technologies Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Energy Vault 2 1 4 0 2.29
Shoals Technologies Group 0 6 11 0 2.65

Energy Vault currently has a consensus target price of $5.41, suggesting a potential upside of 44.85%. Shoals Technologies Group has a consensus target price of $10.71, suggesting a potential upside of 27.37%. Given Energy Vault’s higher possible upside, equities research analysts plainly believe Energy Vault is more favorable than Shoals Technologies Group.

Profitability

This table compares Energy Vault and Shoals Technologies Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Energy Vault -48.58% -184.45% -36.87%
Shoals Technologies Group 5.41% 10.07% 6.38%

Risk & Volatility

Energy Vault has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.93, meaning that its stock price is 93% more volatile than the S&P 500.

Earnings and Valuation

This table compares Energy Vault and Shoals Technologies Group”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Energy Vault $203.67 million 3.27 -$103.61 million ($0.71) -5.26
Shoals Technologies Group $475.33 million 2.96 $33.57 million $0.19 44.27

Shoals Technologies Group has higher revenue and earnings than Energy Vault. Energy Vault is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

Summary

Shoals Technologies Group beats Energy Vault on 10 of the 14 factors compared between the two stocks.

About Energy Vault

(Get Free Report)

Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen. Its software solutions includes Vault-OS, an energy management system the management of one or more diverse storage mediums; Vault-Bidder that utilizes machine learning algorithms to match node-specific data with real-time weather and asset performance information; and Vault-Manager which designs to safeguard asset management and to help blend developing technologies seamlessly into existing solutions. Energy Vault Holdings, Inc. is based in Westlake Village, California.

About Shoals Technologies Group

(Get Free Report)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

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