Shoals Technologies Group (SHLS) vs TOYO (TOYO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Shoals Technologies Group (SHLS) has outperformed TOYO (TOYO) over the past year, losing 4.8% versus a loss of 36.3%. Shoals Technologies Group is the larger company by market cap ($1.47 billion vs $186.7 million), about 7.9 times the size. On valuation, TOYO trades at a lower forward P/E (1.1x vs 15.6x for Shoals Technologies Group).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | SHLS | TOYO |
|---|---|---|
| Share price | $8.74 | $4.37 |
| Market cap | $1.47B | $186.68M |
| 1-day change | +3.80% | +0.23% |
| YTD return | -0.94% | -25.60% |
| 1-year return | -4.75% | -36.26% |
| 5-year return | -70.17% | — |
| P/E ratio (TTM) | 46.00 | 1.96 |
| Forward P/E | 15.63 | 1.08 |
| EPS (TTM) | $0.19 | $2.23 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $13.18 | $17.43 |
| 52-week low | $5.43 | $4.12 |
| Distance from 52-week high | -33.69% | -74.93% |
| Analyst consensus | buy | none |
| Avg. price target upside | +27.80% | +220.37% |
| Average volume | 4.97M | 674.53K |
| Shares outstanding | 168.30M | 42.72M |
| Employees | 1,480 | 2,552 |
| Sector | Technology | Consumer Discretionary |
| Industry | Semiconductors | Miscellaneous manufacturing industries |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Shoals Technologies Group is about 7.9 times larger than TOYO by market value ($1.47B vs $186.68M).
- SHLS has outperformed TOYO by 31.5 percentage points over the past year.
- Shoals Technologies Group trades at a higher earnings multiple (46.0x vs 2.0x trailing P/E).
- The two companies sit in different sectors: Shoals Technologies Group in Technology and TOYO in Consumer Discretionary.
About Shoals Technologies Group
SHLS stock →Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally.
Technology · Semiconductors · 1,480 employees
About TOYO
TOYO stock →TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States.
Consumer Discretionary · Miscellaneous manufacturing industries · 2,552 employees
SHLS vs TOYO FAQ
Which is bigger, Shoals Technologies Group or TOYO?
Shoals Technologies Group (SHLS) is larger, with a market capitalization of $1.47B compared with $186.68M for TOYO (TOYO).
Which stock has performed better over the past year, SHLS or TOYO?
SHLS returned -4.75% over the past 12 months, compared with -36.26% for TOYO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, SHLS or TOYO?
TOYO has the lower trailing P/E at 2.0, versus 46.0 for SHLS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Shoals Technologies Group and TOYO in the same industry?
No. Shoals Technologies Group is in the Technology sector, while TOYO is in Consumer Discretionary.