Pioneer Power Solutions, Inc. (PPSI) vs Tecogen Inc. (TGEN)

Pioneer Power Solutions, Inc. and Tecogen Inc. are both Electrical Equipment & Parts companies. Tecogen Inc. is the larger, with a market value of $91.2M against $36.3M — 2.5× the size. Tecogen Inc. grew revenue faster over the last twelve months: −6.45% against −30.3%. Pioneer Power Solutions, Inc. has the higher net margin (−38.1% vs −42.3%) and the higher return on invested capital (−28.8% vs −55.9%). Across the 18 metrics below, Pioneer Power Solutions, Inc. leads on 12 and Tecogen Inc. on 6.

Valuation

Metric PPSI TGEN Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 1.68 3.72 2.73
P/B 1.48 5.21 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales 1.24 3.55 2.75
Earnings yield (22.89%) (11.15%) (5.84%)
Free cash flow yield (20.98%) (12.96%) 0.00%

Profitability

Metric PPSI TGEN Electrical Equipment & Parts median
Gross margin 16.19% 36.22% 25.38%
Operating margin (30.12%) (42.79%) 0.00%
Net margin (38.11%) (42.28%) 0.00%
Free cash flow margin (35.24%) (48.13%) 0.00%
Return on equity (28.75%) (78.46%) 0.94%
Return on assets (23.52%) (34.67%) (1.50%)
Return on invested capital (28.80%) (55.91%) 0.00%

Growth

Metric PPSI TGEN Electrical Equipment & Parts median
Revenue growth (TTM) (30.30%) (6.45%) 9.28%
EPS growth (last fiscal year) (118.62%) (57.89%) —
Revenue growth, 5-year CAGR 7.23% (0.85%) 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PPSI TGEN Electrical Equipment & Parts median
Debt to equity 0.01 0.06 0.08
Current ratio 4.11 2.93 2.18
Net debt to EBITDA 2.71 1.83 0.26

Dividend

Metric PPSI TGEN Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 — 0.00

Size

Metric PPSI TGEN Electrical Equipment & Parts median
Market cap 36.29m 91.17m 177.98m

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