Critical Review: Tigo Energy (TYGO) and Its Peers

Tigo Energy (NASDAQ:TYGO) is one of 171 public companies in the “Semiconductors & related devices” industry, but how does it contrast to its rivals? We will compare Tigo Energy to related companies based on the strength of its analyst recommendations, risk, institutional ownership, valuation, earnings, dividends and profitability.

Valuation & Earnings

This table compares Tigo Energy and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Tigo Energy	$145.23 million	-$980,000.00	-0.92
Tigo Energy Competitors	$3.97 billion	$768.91 million	8.28

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.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations 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	2	0	2.50
Tigo Energy Competitors	2312	9393	18607	647	2.57

Tigo Energy presently has a consensus price target of $6.88, suggesting a potential upside of 384.15%. As a group, “Semiconductors & related devices” companies have a potential upside of 8.79%. Given Tigo Energy’s higher possible upside, research analysts clearly believe Tigo Energy is more favorable than its rivals.

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	-113.43%	-45.68%	-8.10%

Insider and Institutional Ownership

15.7% of Tigo Energy shares are owned by institutional investors. Comparatively, 56.8% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 26.3% of Tigo Energy shares are owned by insiders. Comparatively, 10.6% of shares of all “Semiconductors & related devices” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Volatility and Risk

Tigo Energy has a beta of 0.84, indicating that its share price is 16% less volatile than the S&P 500. Comparatively, Tigo Energy’s rivals have a beta of 1.33, indicating that their average share price is 33% more volatile than the S&P 500.

Summary

Tigo Energy rivals beat Tigo Energy on 10 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.