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 Sets June 2024 Conference and Industry Tradeshow Schedule
-
Tigo Energy Solar Rapid Shutdown Selected by Constructora San Jose for 142MWp Solar System
-
Tigo Energy Reports First Quarter 2024 Financial Results
-
Tigo Energy Delivers Most Powerful Solar MLPE for High-Wattage and Bifacial Modules
-
Tigo Energy Inc. to Report First Quarter 2024 Financial Results on Tuesday, May 14, 2024 at 4:30 p.m. ET
Trading Information
- Previous Close Price
- $1.56
- Day Range
- $1.42–1.61
- 52-Week Range
- $0.86–26.98
- Bid/Ask
- $1.44 / $1.60
- Market Cap
- $96.59 Mil
- Volume/Avg
- 20,973 / 45,454
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.65
- 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) | — | — | 15.49 |
Price/Book Value | 1.73 | 0.69 | 6.94 |
Price/Sales | 0.65 | 0.37 | 2.79 |
Price/Cash Flow | — | — | 13.37 |
Price/Earnings
TYGO
FTCI
NXT
Financial Strength
|
Metric
|
TYGO
|
FTCI
|
NXT
|
|---|---|---|---|
Quick Ratio | 2.00 | 1.47 | 1.41 |
Current Ratio | 6.24 | 1.84 | 1.98 |
Interest Coverage | −1.12 | −143.35 | 44.99 |
Quick Ratio
TYGO
FTCI
NXT
Profitability
|
Metric
|
TYGO
|
FTCI
|
NXT
|
|---|---|---|---|
Return on Assets (Normalized) | −17.95% | −29.02% | 23.21% |
Return on Equity (Normalized) | −46.22% | −55.66% | — |
Return on Invested Capital (Normalized) | −22.05% | −53.55% | 55.22% |
Return on Assets
TYGO
FTCI
NXT
Solar Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| First Solar Inc
FSLR
| Yczwxcdmw | Tltng | $24.7 Bil | |||
| Enphase Energy Inc
ENPH
| Qhkqxbkhg | Bwsm | $13.5 Bil | |||
| NEXTracker Inc Ordinary Shares - Class A
NXT
| Mmsdfrr | Nlkv | $6.9 Bil | |||
| Xinyi Solar Holdings Ltd ADR
XISHY
| — | Zsf | $4.2 Bil | |||
| Xinyi Solar Holdings Ltd
XNYIF
| — | Vhcj | $4.2 Bil | |||
| GCL Technology Holdings Ltd
GCPEF
| — | Whmsr | $3.8 Bil | |||
| Sunrun Inc
RUN
| Kgrddvpgf | Cdhpn | $2.7 Bil | |||
| Array Technologies Inc Ordinary Shares
ARRY
| — | Btlzj | $1.5 Bil | |||
| SolarEdge Technologies Inc
SEDG
| Vpdftrm | Frs | $1.4 Bil | |||
| Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS
| Zdwxnqdj | Hbs | $1.0 Bil |