Analyzing Everspin Technologies (NASDAQ:MRAM) & Tigo Energy (NASDAQ:TYGO)

Tigo Energy (NASDAQ:TYGO) and Everspin Technologies (NASDAQ:MRAM) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, profitability, dividends, analyst recommendations, valuation and institutional ownership.

Institutional & Insider Ownership

15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 44.7% of Everspin Technologies shares are held by institutional investors. 26.3% of Tigo Energy shares are held by company insiders. Comparatively, 6.1% of Everspin Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Tigo Energy and Everspin Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Tigo Energy	N/A	-55.89%	-19.15%
Everspin Technologies	14.20%	18.96%	15.09%

Earnings & Valuation

This table compares Tigo Energy and Everspin Technologies’ revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tigo Energy	$145.23 million	0.47	-$980,000.00	N/A	N/A
Everspin Technologies	$63.76 million	2.17	$9.05 million	$0.42	15.50

Everspin Technologies has lower revenue, but higher earnings than Tigo Energy.

Analyst Recommendations

This is a summary of recent ratings and price targets for Tigo Energy and Everspin Technologies, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tigo Energy	0	2	3	0	2.60
Everspin Technologies	0	0	2	0	3.00

Tigo Energy presently has a consensus target price of $7.05, indicating a potential upside of 529.46%. Everspin Technologies has a consensus target price of $9.00, indicating a potential upside of 38.25%. Given Tigo Energy’s higher possible upside, research analysts clearly believe Tigo Energy is more favorable than Everspin Technologies.

Risk & Volatility

Tigo Energy has a beta of 0.66, meaning that its share price is 34% less volatile than the S&P 500. Comparatively, Everspin Technologies has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500.

Summary

Everspin Technologies beats Tigo Energy on 8 of the 12 factors compared between the two stocks.

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.

About Everspin Technologies

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.