Tigo Energy (NASDAQ:TYGO) versus Everspin Technologies (NASDAQ:MRAM) Head-To-Head Review

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

Earnings and Valuation

This table compares Tigo Energy and Everspin Technologies’ revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tigo Energy $145.23 million 0.46 -$980,000.00 N/A N/A
Everspin Technologies $63.76 million 2.11 $9.05 million $0.37 16.89

Everspin Technologies has lower revenue, but higher earnings than Tigo Energy.

Profitability

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

Net Margins Return on Equity Return on Assets
Tigo Energy N/A -55.89% -19.15%
Everspin Technologies 12.77% 15.70% 12.75%

Analyst Recommendations

This is a summary of current ratings and price targets for Tigo Energy and Everspin Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tigo Energy 0 2 3 0 2.60
Everspin Technologies 0 0 2 0 3.00

Tigo Energy currently has a consensus price target of $7.05, indicating a potential upside of 540.91%. Everspin Technologies has a consensus price target of $9.00, indicating a potential upside of 44.00%. Given Tigo Energy’s higher probable upside, research analysts clearly believe Tigo Energy is more favorable than Everspin Technologies.

Volatility and Risk

Tigo Energy has a beta of 0.66, suggesting that its share price is 34% less volatile than the S&P 500. Comparatively, Everspin Technologies has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500.

Insider & Institutional Ownership

15.7% of Tigo Energy shares are owned by institutional investors. Comparatively, 44.7% of Everspin Technologies shares are owned by institutional investors. 26.3% of Tigo Energy shares are owned by insiders. Comparatively, 6.1% of Everspin Technologies shares are owned by 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.

Summary

Everspin Technologies beats Tigo Energy on 8 of the 12 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 Everspin Technologies

(Get Free Report)

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

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