ENLAY vs. SHLS

Last updated Apr 1, 2026

Compare and contrast key facts about ENEL Societa per Azioni (ENLAY) and Shoals Technologies Group, Inc. (SHLS).

Performance

ENLAY vs. SHLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ENEL Societa per Azioni (ENLAY) and Shoals Technologies Group, Inc. (SHLS). The values are adjusted to include any dividend payments, if applicable.

ENLAY vs. SHLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ENLAY ENEL Societa per Azioni	7.49%	56.31%	2.11%	47.93%	-27.98%	-18.51%
SHLS Shoals Technologies Group, Inc.	-22.59%	53.71%	-64.41%	-37.01%	1.52%	-21.56%

Fundamentals

Market Cap ENLAY : $87.57B SHLS : $1.12B
EPS ENLAY : $0.44 SHLS : $0.20
PE Ratio ENLAY : 24.64 SHLS : 33.05
PEG Ratio ENLAY : 1.07 SHLS : 0.03
PS Ratio ENLAY : 1.41 SHLS : 2.33
PB Ratio ENLAY : 2.73 SHLS : 1.86
Total Revenue (TTM) ENLAY : $74.08B SHLS : $475.33M
Gross Profit (TTM) ENLAY : $24.39B SHLS : $166.51M
EBITDA (TTM) ENLAY : $27.30B SHLS : $65.60M

Returns By Period

In the year-to-date period, ENLAY achieves a 7.49% return, which is significantly higher than SHLS's -22.59% return.

ENLAY

• 1D: 1.49%
• 1M: -9.26%
• YTD: 7.49%
• 6M: 17.94%
• 1Y: 42.98%
• 3Y*: 29.40%
• 5Y*: 8.22%
• 10Y*: 15.42%

SHLS

• 1D: 5.28%
• 1M: 10.96%
• YTD: -22.59%
• 6M: -11.20%
• 1Y: 98.19%
• 3Y*: -33.91%
• 5Y*: -28.24%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ENLAY vs. SHLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENLAY

ENLAY Risk / Return Rank: 88
ENLAY Sharpe Ratio Rank: 90
ENLAY Sortino Ratio Rank: 85
ENLAY Omega Ratio Rank: 87
ENLAY Calmar Ratio Rank: 87
ENLAY Martin Ratio Rank: 90

SHLS

SHLS Risk / Return Rank: 77
SHLS Sharpe Ratio Rank: 77
SHLS Sortino Ratio Rank: 75
SHLS Omega Ratio Rank: 75
SHLS Calmar Ratio Rank: 79
SHLS Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENLAY vs. SHLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ENEL Societa per Azioni (ENLAY) and Shoals Technologies Group, Inc. (SHLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ENLAY	SHLS	Difference
Sharpe ratio Return per unit of total volatility	1.87	1.11	+0.76
Sortino ratio Return per unit of downside risk	2.37	1.81	+0.56
Omega ratio Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio Return relative to maximum drawdown	3.21	2.09	+1.12
Martin ratio Return relative to average drawdown	10.68	5.08	+5.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENLAY vs. SHLS - Sharpe Ratio Comparison

The current ENLAY Sharpe Ratio is 1.87, which is higher than the SHLS Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of ENLAY and SHLS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ENLAY	SHLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	1.11	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	-0.36	+0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	-0.33	+0.63

Correlation

The correlation between ENLAY and SHLS is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ENLAY vs. SHLS - Dividend Comparison

ENLAY's dividend yield for the trailing twelve months is around 5.15%, while SHLS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENLAY ENEL Societa per Azioni	5.15%	5.04%	6.53%	5.76%	7.96%	4.25%	3.62%	2.25%	2.69%	3.29%	6.03%	2.07%
SHLS Shoals Technologies Group, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ENLAY vs. SHLS - Drawdown Comparison

The maximum ENLAY drawdown since its inception was -63.03%, smaller than the maximum SHLS drawdown of -93.00%. Use the drawdown chart below to compare losses from any high point for ENLAY and SHLS.

Drawdown Indicators

	ENLAY	SHLS	Difference
Max Drawdown Largest peak-to-trough decline	-63.03%	-93.00%	+29.97%
Max Drawdown (1Y) Largest decline over 1 year	-13.01%	-47.37%	+34.36%
Max Drawdown (5Y) Largest decline over 5 years	-60.68%	-92.50%	+31.82%
Max Drawdown (10Y) Largest decline over 10 years	-61.26%	—	—
Current Drawdown Current decline from peak	-9.26%	-83.62%	+74.36%
Average Drawdown Average peak-to-trough decline	-20.78%	-58.59%	+37.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	19.46%	-15.55%

Volatility

ENLAY vs. SHLS - Volatility Comparison

The current volatility for ENEL Societa per Azioni (ENLAY) is 9.42%, while Shoals Technologies Group, Inc. (SHLS) has a volatility of 18.90%. This indicates that ENLAY experiences smaller price fluctuations and is considered to be less risky than SHLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENLAY	SHLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.42%	18.90%	-9.48%
Volatility (6M) Calculated over the trailing 6-month period	16.66%	62.67%	-46.01%
Volatility (1Y) Calculated over the trailing 1-year period	23.10%	89.17%	-66.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.65%	77.72%	-53.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.24%	78.07%	-51.83%

Financials

ENLAY vs. SHLS - Profitability Comparison

The chart below illustrates the profitability comparison between ENEL Societa per Azioni and Shoals Technologies Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ENLAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ENEL Societa per Azioni reported a gross profit of 485.41M and revenue of 18.18B. Therefore, the gross margin over that period was 2.7%.

SHLS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Shoals Technologies Group, Inc. reported a gross profit of 46.91M and revenue of 148.33M. Therefore, the gross margin over that period was 31.6%.

ENLAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ENEL Societa per Azioni reported an operating income of 1.15B and revenue of 18.18B, resulting in an operating margin of 6.3%.

SHLS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Shoals Technologies Group, Inc. reported an operating income of 17.40M and revenue of 148.33M, resulting in an operating margin of 11.7%.

ENLAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ENEL Societa per Azioni reported a net income of -1.00B and revenue of 18.18B, resulting in a net margin of -5.5%.

SHLS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Shoals Technologies Group, Inc. reported a net income of 8.12M and revenue of 148.33M, resulting in a net margin of 5.5%.