Head-To-Head Analysis: Shoals Technologies Group (NASDAQ:SHLS) versus Legend Power Systems (OTCMKTS:LPSIF)

Legend Power Systems (OTCMKTS:LPSIF) and Shoals Technologies Group (NASDAQ:SHLS) are both industrials companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, valuation, profitability, analyst recommendations, earnings, institutional ownership and dividends.

Valuation and Earnings

This table compares Legend Power Systems and Shoals Technologies Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Legend Power Systems	N/A	N/A	N/A	($0.04)	-3.30
Shoals Technologies Group	$475.33 million	2.90	$33.57 million	$0.19	43.13

Shoals Technologies Group has higher revenue and earnings than Legend Power Systems. Legend Power Systems 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.

Profitability

This table compares Legend Power Systems and Shoals Technologies Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Legend Power Systems	N/A	N/A	N/A
Shoals Technologies Group	5.41%	10.07%	6.38%

Analyst Ratings

This is a summary of recent ratings and recommmendations for Legend Power Systems and Shoals Technologies Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Legend Power Systems	0	0	0	0	0.00
Shoals Technologies Group	0	6	11	0	2.65

Shoals Technologies Group has a consensus price target of $10.71, suggesting a potential upside of 30.74%. Given Shoals Technologies Group’s stronger consensus rating and higher probable upside, analysts clearly believe Shoals Technologies Group is more favorable than Legend Power Systems.

Summary

Shoals Technologies Group beats Legend Power Systems on 9 of the 9 factors compared between the two stocks.

About Legend Power Systems

Legend Power Systems Inc., together with its subsidiaries, operates as an electrical energy conservation company in Canada and the United States. It assembles, markets, and sells SmartGATE, a patented device that enables dynamic power management of commercial or industrial Buildings. The company was founded in 1987 and is based in Vancouver, Canada.

About Shoals Technologies Group

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.