Tigo Energy (NASDAQ:TYGO – Get Free Report) and Preformed Line Products (NASDAQ:PLPC – Get Free Report) are both small-cap industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, valuation, institutional ownership, risk and dividends.
Institutional & Insider Ownership
15.7% of Tigo Energy shares are held by institutional investors. Comparatively, 41.2% of Preformed Line Products shares are held by institutional investors. 26.6% of Tigo Energy shares are held by insiders. Comparatively, 33.0% of Preformed Line Products shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Tigo Energy and Preformed Line Products”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Tigo Energy | $103.54 million | 0.64 | -$1.88 million | $0.14 | 6.25 |
| Preformed Line Products | $669.34 million | 2.74 | $35.28 million | $8.88 | 42.27 |
Preformed Line Products has higher revenue and earnings than Tigo Energy. Tigo Energy is trading at a lower price-to-earnings ratio than Preformed Line Products, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a summary of current recommendations and price targets for Tigo Energy and Preformed Line Products, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tigo Energy | 1 | 1 | 1 | 0 | 2.00 |
| Preformed Line Products | 0 | 0 | 1 | 1 | 3.50 |
Tigo Energy presently has a consensus target price of $3.73, suggesting a potential upside of 326.76%. Preformed Line Products has a consensus target price of $275.00, suggesting a potential downside of 26.74%. Given Tigo Energy’s higher probable upside, analysts clearly believe Tigo Energy is more favorable than Preformed Line Products.
Volatility and Risk
Tigo Energy has a beta of 1.28, suggesting that its share price is 28% more volatile than the S&P 500. Comparatively, Preformed Line Products has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500.
Profitability
This table compares Tigo Energy and Preformed Line Products’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Tigo Energy | 8.97% | -1.74% | -0.64% |
| Preformed Line Products | 5.82% | 10.64% | 7.65% |
Summary
Preformed Line Products beats Tigo Energy on 10 of the 13 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 Preformed Line Products
Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. It also provides rugged outside plant closures to protect and support wireline and wireless networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.
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