Tigo Energy (TYGO) versus Its Peers Financial Comparison

Tigo Energy (NASDAQ:TYGO) is one of 216 public companies in the “Electrical Equipment” industry, but how does it weigh in compared to its peers? We will compare Tigo Energy to related businesses based on the strength of its earnings, valuation, dividends, institutional ownership, analyst recommendations, risk and profitability.

Earnings and Valuation

This table compares Tigo Energy and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Tigo Energy	$104.67 million	-$1.88 million	4.32
Tigo Energy Competitors	$2.49 billion	$149.93 million	20.97

Tigo Energy’s peers have higher revenue and earnings than Tigo Energy. Tigo Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Tigo Energy has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500. Comparatively, Tigo Energy’s peers have a beta of -20.43, meaning that their average share price is 2,143% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations for Tigo Energy and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tigo Energy	1	1	1	0	2.00
Tigo Energy Competitors	2291	5171	7224	439	2.38

Tigo Energy presently has a consensus price target of $3.73, suggesting a potential upside of 407.80%. As a group, “Electrical Equipment” companies have a potential upside of 53.05%. Given Tigo Energy’s higher probable upside, equities research analysts clearly believe Tigo Energy is more favorable than its peers.

Insider & Institutional Ownership

15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are held by institutional investors. 26.6% of Tigo Energy shares are held by company insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Tigo Energy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Tigo Energy	11.94%	4.99%	2.57%
Tigo Energy Competitors	-380.97%	-43.71%	-7.31%

Summary

Tigo Energy peers beat Tigo Energy on 7 of the 13 factors compared.

About Tigo Energy

Tigo Energy, Inc. provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities. In addition, it offers GO Battery that provides energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; and GO Electric Vehicle (EV) Charger to reduce transportation costs. The company serves residential, commercial, and utility sectors through distributors and solar installers in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific regions. Tigo Energy, Inc. was founded in 2007 and is headquartered in Campbell, California.