Netlist (OTCMKTS:NLST) versus Tigo Energy (NASDAQ:TYGO) Head to Head Analysis

Netlist (OTCMKTS:NLST) and Tigo Energy (NASDAQ:TYGO) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation.

Earnings & Valuation

This table compares Netlist 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
Netlist	$69.21 million	2.99	-$60.40 million	($0.22)	-3.46
Tigo Energy	$145.23 million	0.42	-$980,000.00	($0.85)	-1.19

Tigo Energy has higher revenue and earnings than Netlist. Netlist is trading at a lower price-to-earnings ratio than Tigo Energy, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Netlist and Tigo Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Netlist	0	0	1	0	3.00
Tigo Energy	0	1	2	0	2.67

Netlist currently has a consensus price target of $2.00, suggesting a potential upside of 162.47%. Tigo Energy has a consensus price target of $3.00, suggesting a potential upside of 197.03%. Given Tigo Energy’s higher possible upside, analysts plainly believe Tigo Energy is more favorable than Netlist.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Netlist	-37.19%	-852.20%	-94.11%
Tigo Energy	-110.29%	-103.85%	-46.23%

Volatility & Risk

Netlist has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 0.76, meaning that its stock price is 24% less volatile than the S&P 500.

Institutional and Insider Ownership

0.0% of Netlist shares are held by institutional investors. Comparatively, 15.7% of Tigo Energy shares are held by institutional investors. 2.7% of Netlist shares are held by company insiders. Comparatively, 26.3% of Tigo Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Tigo Energy beats Netlist on 8 of the 13 factors compared between the two stocks.

About Netlist

Netlist, Inc. designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications. It resells component products, including solid state drive (SSD), NAND flash, and dual inline memory module (DIMM) to storage customers, appliance customers, system builders, and cloud and datacenter customers; and sells component inventory to distributors and other users of memory integrated circuits. The company markets and sells its products through a direct sales force and a network of independent sales representatives. Netlist, Inc. was incorporated in 2000 and is headquartered in Irvine, California.

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.