Tigo Energy (NASDAQ:TYGO – Get Free Report) is one of 216 publicly-traded companies in the “Electrical Equipment” industry, but how does it compare to its competitors? We will compare Tigo Energy to related businesses based on the strength of its profitability, analyst recommendations, earnings, risk, valuation, institutional ownership and dividends.
Earnings and Valuation
This table compares Tigo Energy and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Tigo Energy | $103.54 million | -$1.88 million | 3.99 |
| Tigo Energy Competitors | $2.42 billion | $154.42 million | 21.73 |
Tigo Energy’s competitors have higher revenue and earnings than Tigo Energy. Tigo Energy is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Volatility & 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 competitors have a beta of -20.43, meaning that their average share price is 2,143% less volatile than the S&P 500.
Profitability
This table compares Tigo Energy and its competitors’ 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 | -380.43% | -44.08% | -7.39% |
Analyst Recommendations
This is a breakdown of recent ratings for Tigo Energy and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tigo Energy | 1 | 1 | 1 | 0 | 2.00 |
| Tigo Energy Competitors | 2302 | 5189 | 7236 | 440 | 2.38 |
Tigo Energy currently has a consensus target price of $3.73, indicating a potential upside of 449.83%. As a group, “Electrical Equipment” companies have a potential upside of 40.11%. Given Tigo Energy’s higher probable upside, equities research analysts clearly believe Tigo Energy is more favorable than its competitors.
Institutional and Insider Ownership
15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 37.3% of shares of all “Electrical Equipment” companies are held by institutional investors. 26.6% of Tigo Energy shares are held by insiders. Comparatively, 14.5% of shares of all “Electrical Equipment” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Tigo Energy competitors beat Tigo Energy on 7 of the 13 factors compared.
Tigo Energy Company Profile
Tigo Energy, Inc. (NASDAQ: TYGO) develops smart solar and energy-storage solutions for residential, commercial, and utility-scale installations. Its products are designed to improve the safety, monitoring, optimization, and overall performance of photovoltaic systems. The company’s product portfolio includes module-level power electronics, rapid-shutdown devices, communication and monitoring equipment, and software platforms. Its TS4 product line provides functions such as module-level optimization, system monitoring, and enhanced safety, while its Energy Intelligence offering supports solar-plus-storage applications and energy management.
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