Tigo Energy (TYGO) versus Its Competitors Critical Review

Tigo Energy (NASDAQ:TYGO) is one of 170 publicly-traded companies in the “Semiconductors & related devices” industry, but how does it compare to its rivals? We will compare Tigo Energy to related businesses based on the strength of its dividends, institutional ownership, earnings, analyst recommendations, risk, valuation and profitability.

Volatility and Risk

Tigo Energy has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500. Comparatively, Tigo Energy’s rivals have a beta of 1.32, suggesting that their average stock price is 32% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Tigo Energy	-18.48%	-61.94%	-24.06%
Tigo Energy Competitors	-113.99%	-42.80%	-8.08%

Analyst Ratings

This is a breakdown of recent ratings for Tigo Energy and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tigo Energy	0	2	3	0	2.60
Tigo Energy Competitors	2277	9306	18393	642	2.57

Tigo Energy presently has a consensus price target of $6.88, indicating a potential upside of 441.34%. As a group, “Semiconductors & related devices” companies have a potential upside of 6.67%. Given Tigo Energy’s stronger consensus rating and higher possible upside, research analysts plainly believe Tigo Energy is more favorable than its rivals.

Institutional and Insider Ownership

15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 57.1% of shares of all “Semiconductors & related devices” companies are held by institutional investors. 26.3% of Tigo Energy shares are held by company insiders. Comparatively, 10.7% of shares of all “Semiconductors & related devices” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Tigo Energy	$145.23 million	-$980,000.00	-0.82
Tigo Energy Competitors	$3.52 billion	$579.93 million	9.05

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

Summary

Tigo Energy rivals beat Tigo Energy on 9 of the 13 factors compared.

Tigo Energy Company Profile

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.