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INOD vs SHLS

INOD
Innodata Inc.
BEARISH
Price
$35.58
Market Cap
$1.16B
Sector
Technology
AI Confidence
85%
SHLS
Shoals Technologies Group, Inc.
NEUTRAL
Price
$7.16
Market Cap
$1.2B
Sector
Technology
AI Confidence
85%

Valuation

P/E Ratio
INOD
38.67
SHLS
35.8
Forward P/E
INOD
20.51
SHLS
14.17
P/B Ratio
INOD
10.74
SHLS
2.0
P/S Ratio
INOD
4.61
SHLS
2.53
EV/EBITDA
INOD
25.3
SHLS
15.47

Profitability

Gross Margin
INOD
40.15%
SHLS
35.03%
Operating Margin
INOD
15.1%
SHLS
16.07%
Profit Margin
INOD
12.79%
SHLS
7.06%
ROE
INOD
37.76%
SHLS
5.8%
ROA
INOD
17.67%
SHLS
5.5%

Growth

Revenue Growth
INOD
22.3%
SHLS
38.6%
Earnings Growth
INOD
-19.4%
SHLS
21.0%

Financial Health

Debt/Equity
INOD
0.04
SHLS
0.3
Current Ratio
INOD
2.68
SHLS
2.02
Quick Ratio
INOD
2.55
SHLS
1.24

Dividends

Dividend Yield
INOD
--
SHLS
--
Payout Ratio
INOD
0.0%
SHLS
0.0%

AI Verdict

INOD BEARISH

INOD presents a stark contrast between a clean balance sheet and severe valuation and technical deterioration. With a Piotroski F-Score of 4/9 (Stable) and a Graham Number of $8.28, the stock is trading at a massive premium to its deterministic fair value. While the company maintains a very low debt-to-equity ratio (0.04) and strong ROE (37.76%), these are offset by negative earnings growth (-19.4% YoY) and a catastrophic 6-month price decline of 57.3%. The disconnect between the analyst target price ($91.25) and the current price action suggests a significant market correction is underway.

Strengths
Extremely low leverage (Debt/Equity: 0.04)
Strong liquidity position (Current Ratio: 2.68)
High Return on Equity (ROE: 37.76%)
Risks
Severe valuation gap (Price $35.58 vs Graham Number $8.28)
Negative earnings growth (-19.4% YoY)
Heavy insider selling ($16M in the last 6 months)
SHLS NEUTRAL

SHLS exhibits a concerning fundamental health profile with a Piotroski F-Score of 3/9, indicating weak financial strength. While the company shows impressive top-line growth (38.6% YoY) and an attractive PEG ratio of 0.70, the current price of $7.16 trades at a premium to both its Graham Number ($4.02) and Intrinsic Value ($5.90). The disconnect between strong growth metrics and a deteriorating health score, coupled with consistent earnings misses in recent quarters, suggests a high-risk growth play rather than a stable value investment.

Strengths
Strong revenue growth of 38.6% YoY
Attractive PEG ratio (0.70) suggesting undervaluation relative to growth
Low Debt/Equity ratio (0.30) indicating manageable leverage
Risks
Weak financial health as evidenced by a Piotroski F-Score of 3/9
Poor earnings track record with only 1 beat in the last 4 quarters
Bearish technical trend (0/100) and significant long-term price decline

Compare Another Pair

INOD vs SHLS: Head-to-Head Comparison

This page compares Innodata Inc. (INOD) and Shoals Technologies Group, Inc. (SHLS) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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