Ascent Solar Technologies Inc. (ASTI) vs FTC Solar, Inc. (FTCI)

Ascent Solar Technologies Inc. and FTC Solar, Inc. are both Solar companies. FTC Solar, Inc. is the larger, with a market value of $45.6M against $28.2M — 1.6× the size. Ascent Solar Technologies Inc. grew revenue faster over the last twelve months: 364.1% against 59.5%. FTC Solar, Inc. has the higher net margin (−53.6% vs −4,237.0%) and the higher return on invested capital (0.00% vs −704.2%). Across the 17 metrics below, FTC Solar, Inc. leads on 11 and Ascent Solar Technologies Inc. on 6.

Valuation

Metric ASTI FTCI Solar median
P/E n/m n/m 10.93
P/S 146.41 0.42 0.54
P/B 1.83 n/m 1.44
Price to free cash flow n/m n/m 9.91
EV/EBITDA n/m n/m 9.90
EV/Sales 121.02 0.66 0.74
Earnings yield (50.68%) (129.32%) 0.00%
Free cash flow yield (26.45%) (66.71%) 0.00%

Profitability

Metric ASTI FTCI Solar median
Gross margin (96.13%) 2.96% 31.92%
Operating margin (4,313.23%) (38.26%) (9.70%)
Net margin (4,236.98%) (53.61%) (8.48%)
Free cash flow margin (3,844.98%) (27.84%) (2.95%)
Return on equity (86.62%) 514.95% 5.34%
Return on assets (65.09%) (60.61%) (5.36%)
Return on invested capital (704.24%) 0.00% (5.27%)

Growth

Metric ASTI FTCI Solar median
Revenue growth (TTM) 364.08% 59.53% 16.97%
EPS growth (last fiscal year) 70.23% (43.34%) —
Revenue growth, 5-year CAGR 2.89% (11.86%) 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASTI FTCI Solar median
Debt to equity 0.00 (0.75) 0.09
Current ratio 6.31 0.91 1.33
Net debt to EBITDA 0.38 (0.05) 0.03

Dividend

Metric ASTI FTCI Solar median
Dividend yield — — —
Payout ratio — 0.00 0.00

Size

Metric ASTI FTCI Solar median
Market cap 28.17m 45.60m 43.46m

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