Nextpower (NASDAQ:NXT – Get Free Report) and Tigo Energy (NASDAQ:TYGO – Get Free Report) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, profitability and dividends.
Profitability
This table compares Nextpower and Tigo Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nextpower | 17.08% | 35.05% | 18.13% |
| Tigo Energy | -44.50% | -623.75% | -48.67% |
Analyst Recommendations
This is a summary of recent ratings for Nextpower and Tigo Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nextpower | 0 | 10 | 16 | 1 | 2.67 |
| Tigo Energy | 1 | 0 | 2 | 0 | 2.33 |
Earnings & Valuation
This table compares Nextpower and Tigo Energy”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nextpower | $2.96 billion | 4.58 | $509.17 million | $3.85 | 23.70 |
| Tigo Energy | $54.01 million | 1.94 | -$62.75 million | ($0.65) | -2.29 |
Nextpower has higher revenue and earnings than Tigo Energy. Tigo Energy is trading at a lower price-to-earnings ratio than Nextpower, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
67.4% of Nextpower shares are owned by institutional investors. Comparatively, 15.7% of Tigo Energy shares are owned by institutional investors. 0.6% of Nextpower shares are owned by company insiders. Comparatively, 29.6% of Tigo Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Risk and Volatility
Nextpower has a beta of 2.35, meaning that its stock price is 135% more volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500.
Summary
Nextpower beats Tigo Energy on 13 of the 15 factors compared between the two stocks.
About Nextpower
Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. (Nextpower) was formerly a subsidiary of Flex Ltd.
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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