Tigo Energy Inc TYGO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if TYGO is a good fit for your portfolio.
News
-
Tigo Energy Headquarters Receives 90kW of Optimized Solar from Long-Time Installer Partner
-
Tigo Energy Leads with Total Quality Solar at NABCEP Conference 2024
-
Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results
-
Tigo Energy Green Glove Program for C&I Solar Builds Bridge to Total Quality Solar
Trading Information
- Previous Close Price
- $1.15
- Day Range
- $1.03–1.11
- 52-Week Range
- $0.86–27.00
- Bid/Ask
- $1.08 / $1.11
- Market Cap
- $66.98 Mil
- Volume/Avg
- 9,064 / 84,642
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.34
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Tigo Energy Inc designs solar power conversion and storage products that provide customers with more choice and flexibility. Its mission is to deliver smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems.
- Sector
- Technology
- Industry
- Solar
- Stock Style Box
- —
- Total Number of Employees
- 176
- Website
- https://www.tigoenergy.com
Comparables
Valuation
|
Metric
|
TYGO
|
FTCI
|
NXT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 30.75 |
Price/Book Value | 1.08 | 0.90 | — |
Price/Sales | 0.34 | 0.41 | 1.10 |
Price/Cash Flow | 53.62 | — | 6.88 |
Price/Earnings
TYGO
FTCI
NXT
Financial Strength
|
Metric
|
TYGO
|
FTCI
|
NXT
|
|---|---|---|---|
Quick Ratio | 1.44 | 1.66 | 1.43 |
Current Ratio | 3.96 | 1.98 | 1.87 |
Interest Coverage | 0.61 | −199.11 | — |
Quick Ratio
TYGO
FTCI
NXT
Profitability
|
Metric
|
TYGO
|
FTCI
|
NXT
|
|---|---|---|---|
Return on Assets (Normalized) | −6.05% | −25.50% | 21.56% |
Return on Equity (Normalized) | −29.56% | −48.75% | — |
Return on Invested Capital (Normalized) | −6.56% | −47.06% | 56.89% |
Return on Assets
TYGO
FTCI
NXT
Solar Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FSLR
| First Solar Inc | Zjsxtfn | Gks | $19.4 Bil | |
ENPH
| Enphase Energy Inc | Mfbymcqb | Hxf | $15.5 Bil | |
XNYIF
| Xinyi Solar Holdings Ltd | — | Qyxjjq | $6.3 Bil | |
XISHY
| Xinyi Solar Holdings Ltd ADR | — | Ydzfhr | $6.3 Bil | |
NXT
| NEXTracker Inc Ordinary Shares - Class A | Clzxbkp | Slywm | $6.0 Bil | |
GCPEF
| GCL Technology Holdings Ltd | — | Dgmjr | $4.1 Bil | |
SEDG
| SolarEdge Technologies Inc | Mrkrsjh | Kcvv | $3.4 Bil | |
RUN
| Sunrun Inc | Vbwtdqlf | Kmhz | $2.4 Bil | |
SHLS
| Shoals Technologies Group Inc Ordinary Shares - Class A | Prcnlrhs | Jhwp | $1.5 Bil | |
SPWR
| SunPower Corp | Ppy | Xtfx | $379.0 Mil |