Beam Global (BEEM) vs FTC Solar, Inc. (FTCI)

Beam Global and FTC Solar, Inc. are both Solar companies. FTC Solar, Inc. is the larger, with a market value of $45.6M against $28.3M — 1.6× the size. FTC Solar, Inc. grew revenue faster over the last twelve months: 59.5% against −20.5%. FTC Solar, Inc. has the higher net margin (−53.6% vs −64.6%) and the higher return on invested capital (0.00% vs −55.7%). Across the 17 metrics below, FTC Solar, Inc. leads on 11 and Beam Global on 6.

Valuation

Metric BEEM FTCI Solar median
P/E n/m n/m 10.93
P/S 0.98 0.42 0.54
P/B 1.29 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 0.97 0.66 0.74
Earnings yield (68.91%) (129.32%) 0.00%
Free cash flow yield (49.88%) (66.71%) 0.00%

Profitability

Metric BEEM FTCI Solar median
Gross margin 10.17% 2.96% 31.92%
Operating margin (64.95%) (38.26%) (9.70%)
Net margin (64.60%) (53.61%) (8.48%)
Free cash flow margin (48.99%) (27.84%) (2.95%)
Return on equity (72.69%) 514.95% 5.34%
Return on assets (40.37%) (60.61%) (5.36%)
Return on invested capital (55.72%) 0.00% (5.27%)

Growth

Metric BEEM FTCI Solar median
Revenue growth (TTM) (20.49%) 59.53% 16.97%
EPS growth (last fiscal year) (109.09%) (43.34%) —
Revenue growth, 5-year CAGR 35.37% (11.86%) 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BEEM FTCI Solar median
Debt to equity 0.00 (0.75) 0.09
Current ratio 1.46 0.91 1.33
Net debt to EBITDA 0.07 (0.05) 0.03

Dividend

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

Size

Metric BEEM FTCI Solar median
Market cap 28.30m 45.60m 43.46m

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