Beam Global (BEEM) vs SPI Energy Co., Ltd. (SPIEQ)

Beam Global and SPI Energy Co., Ltd. are both Solar companies. Beam Global is the larger, with a market value of $28.3M against $24.2M — 1.2× the size. SPI Energy Co., Ltd. grew revenue faster over the last twelve months: 21.2% against −20.5%. SPI Energy Co., Ltd. has the higher net margin (−11.8% vs −64.6%) and the higher return on invested capital (−16.2% vs −55.7%). Across the 16 metrics below, SPI Energy Co., Ltd. leads on 12 and Beam Global on 4.

Valuation

Metric BEEM SPIEQ Solar median
P/E n/m n/m 10.93
P/S 0.98 n/m 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 0.21 0.74
Earnings yield (68.91%) 0.00% 0.00%
Free cash flow yield (49.88%) 0.00% 0.00%

Profitability

Metric BEEM SPIEQ Solar median
Gross margin 10.17% 13.08% 31.92%
Operating margin (64.95%) (7.32%) (9.70%)
Net margin (64.60%) (11.75%) (8.48%)
Free cash flow margin (48.99%) (2.70%) (2.95%)
Return on equity (72.69%) (122.93%) 5.34%
Return on assets (40.37%) (10.87%) (5.36%)
Return on invested capital (55.72%) (16.17%) (5.27%)

Growth

Metric BEEM SPIEQ Solar median
Revenue growth (TTM) (20.49%) 21.20% 16.97%
EPS growth (last fiscal year) (109.09%) 33.68% —
Revenue growth, 5-year CAGR 35.37% 7.87% 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BEEM SPIEQ Solar median
Debt to equity 0.00 3.21 0.09
Current ratio 1.46 0.41 1.33
Net debt to EBITDA 0.07 (1.90) 0.03

Dividend

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

Size

Metric BEEM SPIEQ Solar median
Market cap 28.30m 24.21m 43.46m

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