Beam Global (BEEM) vs Spruce Power Holding Corporation (SPRU)

Beam Global and Spruce Power Holding Corporation are both Solar companies. Spruce Power Holding Corporation is the larger, with a market value of $38.1M against $28.3M — 1.3× the size. Spruce Power Holding Corporation grew revenue faster over the last twelve months: 10.2% against −20.5%. Spruce Power Holding Corporation has the higher net margin (−6.76% vs −64.6%) and the higher return on invested capital (2.16% vs −55.7%). Across the 18 metrics below, Spruce Power Holding Corporation leads on 14 and Beam Global on 4.

Valuation

Metric BEEM SPRU Solar median
P/E n/m n/m 10.93
P/S 0.98 0.33 0.54
P/B 1.29 0.29 1.44
Price to free cash flow n/m 4.56 9.91
EV/EBITDA n/m 10.39 9.90
EV/Sales 0.97 5.69 0.74
Earnings yield (68.91%) (22.16%) 0.00%
Free cash flow yield (49.88%) 21.93% 0.00%

Profitability

Metric BEEM SPRU Solar median
Gross margin 10.17% 66.41% 31.92%
Operating margin (64.95%) 22.47% (9.70%)
Net margin (64.60%) (6.76%) (8.48%)
Free cash flow margin (48.99%) 7.30% (2.95%)
Return on equity (72.69%) (5.86%) 5.34%
Return on assets (40.37%) (0.87%) (5.36%)
Return on invested capital (55.72%) 2.16% (5.27%)

Growth

Metric BEEM SPRU Solar median
Revenue growth (TTM) (20.49%) 10.22% 16.97%
EPS growth (last fiscal year) (109.09%) 62.30% —
Revenue growth, 5-year CAGR 35.37% 40.62% 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BEEM SPRU Solar median
Debt to equity 0.00 5.39 0.09
Current ratio 1.46 0.40 1.33
Net debt to EBITDA 0.07 11.36 0.03

Dividend

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

Size

Metric BEEM SPRU Solar median
Market cap 28.30m 38.12m 43.46m

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