Head to Head Review: Tigo Energy (NASDAQ:TYGO) & PowerBank (NASDAQ:SUUN)

PowerBank (NASDAQ:SUUNGet Free Report) and Tigo Energy (NASDAQ:TYGOGet Free Report) are both small-cap energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, institutional ownership, dividends, profitability, analyst recommendations, earnings and valuation.

Risk and Volatility

PowerBank has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500.

Earnings and Valuation

This table compares PowerBank and Tigo Energy”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PowerBank $45.62 million 1.24 -$22.25 million ($0.16) -9.47
Tigo Energy $54.01 million 2.20 -$62.75 million ($0.65) -2.60

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

Analyst Recommendations

This is a breakdown of current ratings for PowerBank and Tigo Energy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PowerBank 1 0 3 1 2.80
Tigo Energy 1 0 2 0 2.33

PowerBank presently has a consensus target price of $5.00, indicating a potential upside of 230.03%. Tigo Energy has a consensus target price of $4.50, indicating a potential upside of 166.27%. Given PowerBank’s stronger consensus rating and higher possible upside, equities research analysts plainly believe PowerBank is more favorable than Tigo Energy.

Insider and Institutional Ownership

15.7% of Tigo Energy shares are owned by institutional investors. 29.6% of Tigo Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
PowerBank -7.86% 2.24% 0.65%
Tigo Energy -44.50% -623.75% -48.67%

Summary

PowerBank beats Tigo Energy on 9 of the 15 factors compared between the two stocks.

About PowerBank

(Get Free Report)

PowerBank Corporation, formerly known as SolarBank Corporation, operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

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.

Receive News & Ratings for PowerBank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerBank and related companies with MarketBeat.com's FREE daily email newsletter.