Tigo Energy (NASDAQ:TYGO – Get Free Report) and Beam Global (NASDAQ:BEEM – Get Free Report) are both small-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, earnings, risk, dividends, analyst recommendations, institutional ownership and valuation.
Institutional and Insider Ownership
15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 26.6% of Beam Global shares are held by institutional investors. 26.3% of Tigo Energy shares are held by company insiders. Comparatively, 3.0% of Beam Global shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Tigo Energy and Beam Global’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Tigo Energy | -17.49% | -85.92% | -42.25% |
Beam Global | -25.27% | -29.07% | -19.18% |
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Tigo Energy | 0 | 2 | 2 | 0 | 2.50 |
Beam Global | 0 | 1 | 3 | 0 | 2.75 |
Tigo Energy presently has a consensus target price of $3.00, suggesting a potential upside of 129.01%. Beam Global has a consensus target price of $16.33, suggesting a potential upside of 235.39%. Given Beam Global’s stronger consensus rating and higher possible upside, analysts plainly believe Beam Global is more favorable than Tigo Energy.
Earnings & Valuation
This table compares Tigo Energy and Beam Global”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Tigo Energy | $48.85 million | 1.62 | -$980,000.00 | ($1.55) | -0.85 |
Beam Global | $65.89 million | 1.07 | -$16.06 million | ($1.30) | -3.75 |
Tigo Energy has higher earnings, but lower revenue than Beam Global. Beam Global is trading at a lower price-to-earnings ratio than Tigo Energy, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Tigo Energy has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500. Comparatively, Beam Global has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.
Summary
Beam Global beats Tigo Energy on 8 of the 13 factors compared between the two stocks.
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.
About Beam Global
Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs. The company is also involved in the development of EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. It offers its solutions for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, street lighting, telecommunications, energy infrastructure, and outdoor media and branding industries. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.
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