Ascent Solar Technologies Inc. (ASTI) vs Tigo Energy, Inc. (TYGO)

Ascent Solar Technologies Inc. and Tigo Energy, Inc. are both Solar companies. Tigo Energy, Inc. is the larger, with a market value of $73.0M against $28.2M — 2.6× the size. Ascent Solar Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; Tigo Energy, Inc. trades at 5.7×. Ascent Solar Technologies Inc. grew revenue faster over the last twelve months: 364.1% against 49.5%. Tigo Energy, Inc. has the higher net margin (8.97% vs −4,237.0%) and the higher return on invested capital (−6.09% vs −704.2%). Across the 17 metrics below, Tigo Energy, Inc. leads on 13 and Ascent Solar Technologies Inc. on 4.

Valuation

Metric ASTI TYGO Solar median
P/E n/m 5.73 10.93
P/S 146.41 0.59 0.54
P/B 1.83 1.47 1.44
Price to free cash flow n/m 7.09 9.91
EV/EBITDA n/m n/m 9.90
EV/Sales 121.02 0.90 0.74
Earnings yield (50.68%) 17.44% 0.00%
Free cash flow yield (26.45%) 14.10% 0.00%

Profitability

Metric ASTI TYGO Solar median
Gross margin (96.13%) 42.43% 31.92%
Operating margin (4,313.23%) (2.79%) (9.70%)
Net margin (4,236.98%) 8.97% (8.48%)
Free cash flow margin (3,844.98%) 8.32% (2.95%)
Return on equity (86.62%) 43.06% 5.34%
Return on assets (65.09%) 12.59% (5.36%)
Return on invested capital (704.24%) (6.09%) (5.27%)

Growth

Metric ASTI TYGO Solar median
Revenue growth (TTM) 364.08% 49.51% 16.97%
EPS growth (last fiscal year) 70.23% 97.12% —
Revenue growth, 5-year CAGR 2.89% — 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASTI TYGO Solar median
Debt to equity 0.00 0.09 0.09
Current ratio 6.31 3.04 1.33
Net debt to EBITDA 0.38 2.37 0.03

Dividend

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

Size

Metric ASTI TYGO Solar median
Market cap 28.17m 73.02m 43.46m

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