Financial Contrast: Ascent Solar Technologies (NASDAQ:ASTI) and Tigo Energy (NASDAQ:TYGO)

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

Volatility and Risk

Ascent Solar Technologies has a beta of 2.62, suggesting that its share price is 162% more volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.

Earnings and Valuation

This table compares Ascent Solar Technologies and Tigo Energy”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ascent Solar Technologies	$266,077.00	12.92	-$17.07 million	N/A	N/A
Tigo Energy	$48.85 million	1.40	-$980,000.00	($0.90)	-1.26

Tigo Energy has higher revenue and earnings than Ascent Solar Technologies.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Ascent Solar Technologies and Tigo Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ascent Solar Technologies	0	0	0	0	N/A
Tigo Energy	0	2	2	0	2.50

Tigo Energy has a consensus price target of $3.00, suggesting a potential upside of 165.49%. Given Tigo Energy’s higher possible upside, analysts plainly believe Tigo Energy is more favorable than Ascent Solar Technologies.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Ascent Solar Technologies	-4,900.29%	N/A	-144.70%
Tigo Energy	-17.49%	-85.92%	-42.25%

Institutional & Insider Ownership

10.6% of Ascent Solar Technologies shares are owned by institutional investors. Comparatively, 15.7% of Tigo Energy shares are owned by institutional investors. 0.3% of Ascent Solar Technologies shares are owned by insiders. Comparatively, 26.3% of Tigo Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Tigo Energy beats Ascent Solar Technologies on 8 of the 11 factors compared between the two stocks.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc., a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles. Ascent Solar Technologies, Inc. was incorporated in 2005 and is headquartered in Thornton, Colorado.

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.