Head to Head Analysis: Diodes (NASDAQ:DIOD) & Tigo Energy (NASDAQ:TYGO)

Tigo Energy (NASDAQ:TYGO) and Diodes (NASDAQ:DIOD) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, earnings, profitability, valuation and risk.

Analyst Ratings

This is a breakdown of current ratings and price targets for Tigo Energy and Diodes, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tigo Energy	0	1	2	0	2.67
Diodes	0	3	2	0	2.40

Tigo Energy presently has a consensus target price of $3.00, indicating a potential upside of 233.70%. Diodes has a consensus target price of $72.80, indicating a potential upside of 17.42%. Given Tigo Energy’s stronger consensus rating and higher probable upside, equities analysts clearly believe Tigo Energy is more favorable than Diodes.

Insider and Institutional Ownership

15.7% of Tigo Energy shares are owned by institutional investors. Comparatively, 99.2% of Diodes shares are owned by institutional investors. 26.3% of Tigo Energy shares are owned by company insiders. Comparatively, 2.3% of Diodes shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Tigo Energy has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500. Comparatively, Diodes has a beta of 1.34, suggesting that its share price is 34% more volatile than the S&P 500.

Earnings and Valuation

This table compares Tigo Energy and Diodes”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tigo Energy	$45.99 million	1.19	-$980,000.00	($0.85)	-1.06
Diodes	$1.29 billion	2.22	$227.18 million	$1.32	46.97

Diodes has higher revenue and earnings than Tigo Energy. Tigo Energy is trading at a lower price-to-earnings ratio than Diodes, indicating that it is currently the more affordable of the two stocks.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Tigo Energy	-110.29%	-103.85%	-46.23%
Diodes	4.72%	3.90%	3.04%

Summary

Diodes beats Tigo Energy on 10 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 Diodes

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors. It also provides analog products, including power management devices comprising AC-DC and DC-DC converters, USB power switches, low dropout, photocoupler and linear voltage regulators; standard linear devices consisting of operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, such as hall-effect sensors and motor drivers. In addition, the company offers mixed-signal products, such as high speed mux/demux, digital switches, interface, redrivers, universal level shifters/voltage translators, clock ICs and packet switches; standard logic products comprising low-voltage complementary metal-oxide-semiconductor (CMOS) and advanced high-speed CMOS devices; ultra-low power CMOS logic; and analog switches; multichip products and co-packaged discrete, analog and mixed-signal silicon in miniature packages; and silicon and silicon epitaxial wafers used in manufacturing frequency control products and contact images sensors. It serves the industrial, automotive, computing, communications, and consumer markets through direct sales, marketing personnel, independent sales representatives, and distributors. The company was incorporated in 1959 and is headquartered in Plano, Texas.