Comparing Tigo Energy (NASDAQ:TYGO) and Ascent Solar Technologies (NASDAQ:ASTI)

Tigo Energy (NASDAQ:TYGOGet Free Report) and Ascent Solar Technologies (NASDAQ:ASTIGet Free Report) are both small-cap oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings and valuation.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Tigo Energy and Ascent Solar Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tigo Energy 0 2 2 0 2.50
Ascent Solar Technologies 0 0 0 0 N/A

Tigo Energy presently has a consensus target price of $3.00, indicating a potential upside of 156.41%. Given Tigo Energy’s higher probable upside, research analysts plainly believe Tigo Energy is more favorable than Ascent Solar Technologies.

Institutional and Insider Ownership

15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 10.6% of Ascent Solar Technologies shares are held by institutional investors. 26.3% of Tigo Energy shares are held by insiders. Comparatively, 0.3% of Ascent Solar Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk & Volatility

Tigo Energy has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500. Comparatively, Ascent Solar Technologies has a beta of 2.62, meaning that its stock price is 162% more volatile than the S&P 500.

Valuation & Earnings

This table compares Tigo Energy and Ascent Solar Technologies”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tigo Energy $145.23 million 0.49 -$980,000.00 ($0.90) -1.30
Ascent Solar Technologies $460,000.00 7.38 -$17.07 million N/A N/A

Tigo Energy has higher revenue and earnings than Ascent Solar Technologies.

Profitability

This table compares Tigo Energy and Ascent Solar Technologies’ 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%
Ascent Solar Technologies -4,900.29% N/A -144.70%

Summary

Tigo Energy beats Ascent Solar Technologies on 8 of the 11 factors compared between the two stocks.

About Tigo Energy

(Get Free Report)

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 Ascent Solar Technologies

(Get Free Report)

Ascent Solar Technologies, Inc., a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles. Ascent Solar Technologies, Inc. was incorporated in 2005 and is headquartered in Thornton, Colorado.

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