Tiga Acquisition (NYSE:TINV) & DigitalOcean (NASDAQ:DOCN) Head to Head Analysis

Tiga Acquisition (NYSE:TINVGet Rating) and DigitalOcean (NASDAQ:DOCNGet Rating) are both business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability.

Institutional & Insider Ownership

67.9% of Tiga Acquisition shares are held by institutional investors. Comparatively, 62.0% of DigitalOcean shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Tiga Acquisition and DigitalOcean’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tiga Acquisition N/A N/A $23.19 million N/A N/A
DigitalOcean $428.56 million 10.38 -$19.50 million ($0.32) -131.12

Tiga Acquisition has higher earnings, but lower revenue than DigitalOcean.

Profitability

This table compares Tiga Acquisition and DigitalOcean’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tiga Acquisition N/A -109.51% 9.04%
DigitalOcean -7.42% -5.00% -2.33%

Analyst Ratings

This is a summary of current ratings and recommmendations for Tiga Acquisition and DigitalOcean, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tiga Acquisition 0 0 0 0 N/A
DigitalOcean 0 1 8 0 2.89

DigitalOcean has a consensus price target of $63.50, indicating a potential upside of 51.33%. Given DigitalOcean’s higher possible upside, analysts plainly believe DigitalOcean is more favorable than Tiga Acquisition.

Risk & Volatility

Tiga Acquisition has a beta of -0.06, meaning that its stock price is 106% less volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.86, meaning that its stock price is 86% more volatile than the S&P 500.

Summary

DigitalOcean beats Tiga Acquisition on 5 of the 9 factors compared between the two stocks.

About Tiga Acquisition (Get Rating)

Tiga Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is headquartered in Singapore.

About DigitalOcean (Get Rating)

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

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