FTC Solar, Inc. (FTCI) vs Tigo Energy, Inc. (TYGO)
FTC Solar, Inc. and Tigo Energy, Inc. are both Solar companies. Tigo Energy, Inc. is the larger, with a market value of $73.0M against $45.6M — 1.6× the size. FTC Solar, Inc. has negative trailing earnings, so its P/E is not meaningful; Tigo Energy, Inc. trades at 5.7×. FTC Solar, Inc. grew revenue faster over the last twelve months: 59.5% against 49.5%. Tigo Energy, Inc. has the higher net margin (8.97% vs −53.6%) and the lower return on invested capital (−6.09% vs 0.00%). Across the 16 metrics below, Tigo Energy, Inc. leads on 9 and FTC Solar, Inc. on 7.
Valuation
Profitability
| Metric | FTCI | TYGO | Solar median |
|---|---|---|---|
| Gross margin | 2.96% | 42.43% | 31.92% |
| Operating margin | (38.26%) | (2.79%) | (9.70%) |
| Net margin | (53.61%) | 8.97% | (8.48%) |
| Free cash flow margin | (27.84%) | 8.32% | (2.95%) |
| Return on equity | 514.95% | 43.06% | 5.34% |
| Return on assets | (60.61%) | 12.59% | (5.36%) |
| Return on invested capital | 0.00% | (6.09%) | (5.27%) |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack