Enphase Energy (NASDAQ:ENPH – Get Free Report) and Tigo Energy (NASDAQ:TYGO – Get Free Report) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, profitability, valuation, dividends and risk.
Profitability
This table compares Enphase Energy and Tigo Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Enphase Energy | 9.64% | 16.88% | 5.39% |
| Tigo Energy | 3.07% | -41.48% | -9.99% |
Analyst Recommendations
This is a summary of current ratings and target prices for Enphase Energy and Tigo Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enphase Energy | 6 | 10 | 9 | 0 | 2.12 |
| Tigo Energy | 1 | 0 | 2 | 0 | 2.33 |
Earnings & Valuation
This table compares Enphase Energy and Tigo Energy”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enphase Energy | $1.47 billion | 4.45 | $172.13 million | $1.01 | 49.20 |
| Tigo Energy | $103.54 million | 2.92 | -$1.88 million | $0.04 | 99.50 |
Enphase Energy has higher revenue and earnings than Tigo Energy. Enphase Energy is trading at a lower price-to-earnings ratio than Tigo Energy, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
72.1% of Enphase Energy shares are held by institutional investors. Comparatively, 15.7% of Tigo Energy shares are held by institutional investors. 2.9% of Enphase Energy shares are held by insiders. Comparatively, 26.6% of Tigo Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk and Volatility
Enphase Energy has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500.
Summary
Enphase Energy beats Tigo Energy on 9 of the 14 factors compared between the two stocks.
About Enphase Energy
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
About Tigo Energy
Tigo Energy, Inc. provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities. In addition, it offers GO Battery that provides energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; and GO Electric Vehicle (EV) Charger to reduce transportation costs. The company serves residential, commercial, and utility sectors through distributors and solar installers in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific regions. Tigo Energy, Inc. was founded in 2007 and is headquartered in Campbell, California.
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