Spruce Power Holding Corporation (SPRU) vs Tigo Energy, Inc. (TYGO)
Spruce Power Holding Corporation and Tigo Energy, Inc. are both Solar companies. Tigo Energy, Inc. is the larger, with a market value of $73.0M against $38.1M — 1.9× the size. Spruce Power Holding Corporation has negative trailing earnings, so its P/E is not meaningful; Tigo Energy, Inc. trades at 5.7×. Tigo Energy, Inc. grew revenue faster over the last twelve months: 49.5% against 10.2%. Tigo Energy, Inc. has the higher net margin (8.97% vs −6.76%) and the lower return on invested capital (−6.09% vs 2.16%). Across the 18 metrics below, Tigo Energy, Inc. leads on 11 and Spruce Power Holding Corporation on 7.
Valuation
Profitability
| Metric | SPRU | TYGO | Solar median |
|---|---|---|---|
| Gross margin | 66.41% | 42.43% | 31.92% |
| Operating margin | 22.47% | (2.79%) | (9.70%) |
| Net margin | (6.76%) | 8.97% | (8.48%) |
| Free cash flow margin | 7.30% | 8.32% | (2.95%) |
| Return on equity | (5.86%) | 43.06% | 5.34% |
| Return on assets | (0.87%) | 12.59% | (5.36%) |
| Return on invested capital | 2.16% | (6.09%) | (5.27%) |
Growth
Health
Dividend
Size
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