Tigo Energy, Inc. (TYGO) Key Metrics
TYGO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $63.3M
- Enterprise value
- $57.9M
- P/E (TTM)
- 4.9
- Forward P/E
- 85.5
- PEG ratio
- —
- Price / sales
- 0.6 10-yr median 0.9
- Price / book
- 1.5 10-yr median 3.2
- EV / EBITDA
- 4.3
- Dividend yield
- —
- Beta
- 1.28
TYGO key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTYGO valuation Price multiples at each fiscal year-end price.
TYGO returns How much profit the business earns on the capital it uses.
TYGO per-share figures Results divided by the shares outstanding at year-end.
TYGO financial health Debt, liquidity and how easily interest is covered.
TYGO efficiency & capital use Working capital cycle and where the cash goes.
TYGO valuation history
TYGO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TYGO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TYGO cash returned to shareholders
TYGO price vs earnings per share
TYGO key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $89.7M | $59.4M | $90.3M | — | — | — | — |
| Enterprise value | $84.7M | $81.6M | $93.3M | — | — | — | — |
| Price / sales | 0.9 | 1.1 | 0.6 | — | — | — | — |
| Price / book | 3.2 | 7.1 | 1.4 | — | — | — | — |
| Price / free cash flow | 9.3 | — | — | — | — | — | — |
| Price / operating cash flow | 8.7 | — | — | — | — | — | — |
| EV / sales | 0.8 | 1.5 | 0.6 | — | — | — | — |
| EV / EBITDA | 7.7 | — | 11.1 | — | — | — | — |
| EV / free cash flow | 8.8 | — | — | — | — | — | — |
| Earnings yield | −2.1% | −105.7% | −1.1% | — | — | — | — |
| Free cash flow yield | 10.8% | −23.0% | −44.0% | — | — | — | — |
| Dividend yield | — | — | 0.0% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | — | — | 0.1% | — | — | — | — |
| Share price at fiscal year-end | $1.38 | $0.98 | $2.09 | $10.20 | $9.90 | — | — |
| Per share | |||||||
| Revenue per share | $1.59 | $0.90 | $3.36 | — | — | $0.55 | — |
| Earnings per share | −$0.03 | −$1.04 | −$0.02 | — | — | −$0.10 | — |
| Operating cash flow per share | $0.16 | −$0.21 | −$0.86 | — | — | −$0.00 | — |
| Free cash flow per share | $0.15 | −$0.23 | −$0.92 | — | — | −$0.00 | — |
| Cash per share | $0.12 | $0.33 | $0.72 | — | — | $0.07 | — |
| Book value per share | $0.42 | $0.14 | $1.45 | — | — | −$0.35 | — |
| Tangible book value per share | $0.21 | −$0.10 | $1.12 | — | — | −$0.35 | — |
| Dividends per share | — | — | $0.00 | — | — | — | — |
| Capex per share | $0.01 | $0.02 | $0.06 | — | — | $0.00 | — |
| Debt per share | $0.04 | $0.70 | $0.79 | — | — | $0.35 | — |
| Shares outstanding | 65.0M | 60.3M | 43.2M | — | — | 60.1M | — |
| Change in shares outstanding | +7.9% | +39.4% | — | — | — | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | −10.4% | −176.2% | −27.6% | — | — | — | −5.2% |
| Return on invested capital (ROIC) | −13.4% | −85.2% | — | — | — | — | — |
| Return on assets (ROA) | −2.5% | −62.5% | −0.9% | −12.6% | −24.3% | −76.9% | −4.9% |
| Return on tangible assets | −2.9% | −106.7% | −0.9% | −8.0% | −20.3% | −38.5% | −4.9% |
| Free cash flow margin | 9.3% | −25.3% | −27.4% | −21.7% | −12.2% | −0.8% | — |
| Financial health | |||||||
| Total debt | $2.7M | $42.1M | $34.2M | $22.0M | $9.4M | $20.9M | — |
| Cash & short-term investments | $7.7M | $19.9M | $31.2M | $36.2M | $6.2M | $4.2M | $25,000 |
| Net debt | −$5.0M | $22.2M | $2.9M | −$14.2M | $3.2M | $16.7M | −$25,000 |
| Debt / equity | 0.10 | 5.02 | 0.54 | — | — | — | — |
| Debt / assets | 0.03 | 0.58 | 0.27 | 0.25 | 0.39 | 1.30 | — |
| Net debt / EBITDA | −0.45 | — | 0.35 | — | — | — | — |
| Current ratio | 1.50 | 3.12 | 3.96 | 2.15 | 1.04 | 0.57 | 20.41 |
| Quick ratio | 0.69 | 1.84 | 1.64 | 1.52 | 0.58 | 0.40 | 20.41 |
| Interest coverage | -0.4 | -4.6 | -1.0 | -0.6 | -1.5 | -0.1 | — |
| Working capital | $19.2M | $36.3M | $78.3M | $45.5M | $895,000 | −$11.2M | $23,775 |
| Invested capital | $22.6M | $30.6M | $65.8M | −$69.9M | −$46.7M | −$4.2M | −$1,225 |
| Tangible asset value | $13.8M | −$5.7M | $48.4M | −$55.8M | −$49.9M | −$20.8M | $23,775 |
| Net current asset value | $7.6M | −$11.1M | $39.8M | −$58.7M | −$50.9M | −$21.9M | $23,775 |
| Graham net-net per share | −$0.26 | −$0.46 | $0.05 | — | — | −$0.45 | — |
| Capital allocation | |||||||
| Dividends paid | — | — | $0 | $0 | $0 | — | — |
| Share buybacks (net) | — | — | $91,000 | — | — | — | — |
| Capex / revenue | 0.6% | 2.4% | 1.8% | 1.4% | 0.7% | 0.8% | — |
| Capex / operating cash flow | 6.2% | — | — | — | — | — | — |
| Capex / depreciation | 0.51 | 1.05 | 2.32 | 2.04 | 0.77 | 0.44 | 0.00 |
| Stock-based compensation / revenue | 7.6% | 14.3% | 2.6% | 1.0% | 0.4% | 0.3% | — |
| R&D / revenue | 8.9% | 18.3% | 6.5% | 7.0% | 13.2% | 12.2% | — |
| SG&A / revenue | 38.3% | 70.3% | 34.5% | 24.6% | 24.3% | 21.6% | — |
| Efficiency | |||||||
| Days sales outstanding | 38.6 | 50.1 | 28.5 | 44.2 | 34.9 | 49.0 | — |
| Days of inventory on hand | 164.3 | 261.6 | 167.7 | 112.9 | 86.0 | 72.9 | — |
| Days payables outstanding | 114.9 | 74.5 | 75.7 | 114.7 | 117.3 | 123.1 | — |
| Cash conversion cycle (days) | 87.9 | 237.2 | 120.5 | 42.4 | 3.7 | -1.1 | — |
| Receivables turnover | 9.47 | 7.28 | 12.81 | 8.26 | 10.45 | 7.44 | — |
| Payables turnover | 3.18 | 4.90 | 4.82 | 3.18 | 3.11 | 2.97 | — |
| Inventory turnover | 2.22 | 1.39 | 2.18 | 3.23 | 4.24 | 5.01 | — |
| Asset turnover | 1.37 | 0.54 | 1.35 | 1.45 | 2.18 | 4.13 | 0.00 |
| Average receivables | $10.9M | $7.4M | $11.3M | $9.8M | $4.2M | $4.5M | — |
| Average payables | $18.6M | $11.9M | $19.5M | $17.8M | $10.0M | $7.7M | — |
| Average inventory | $26.6M | $41.7M | $43.2M | $17.5M | $7.3M | $4.5M | — |
| Intangibles / total assets | 17.8% | 19.4% | 11.3% | 0.1% | 0.2% | 0.0% | 0.0% |
Computed from TYGO's annual financial statements (latest annual report filed March 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TYGO valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 4.9 and the forward P/E is 85.5. Tigo Energy earned a return on equity of −10.4% and a return on invested capital of −13.4% in fiscal 2025. It ended the year with $2.7 million of debt and $7.7 million in cash and short-term investments, a net cash position of $5.0 million.
See the TYGO income statement, the TYGO chart for price history, or the TYGO stock overview for the latest quote and news.
TYGO key metrics FAQ
What is Tigo Energy's P/E ratio?
Tigo Energy's trailing P/E ratio is 4.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 85.5. At the end of fiscal 2025 it was —.
What is Tigo Energy's EV/EBITDA?
Tigo Energy's enterprise value was 7.7 times EBITDA at the end of fiscal 2025 (enterprise value $84.7 million, EBITDA $11.0 million); the current EV/EBITDA is 4.3.
What is Tigo Energy's return on equity?
Tigo Energy's return on equity (ROE) was −10.4% in fiscal 2025: net income of -$1.9 million on average shareholders' equity of $18.0 million.
What is Tigo Energy's ROIC?
Tigo Energy's return on invested capital was −13.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Tigo Energy have?
Tigo Energy had total debt of $2.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.10 and more cash than debt.
What is Tigo Energy's free cash flow yield?
Tigo Energy generated $9.7 million of free cash flow in fiscal 2025, a free cash flow yield of 10.8% on its market value at year-end ($89.7 million).
What is Tigo Energy's current ratio?
Tigo Energy's current ratio was 1.50 at the end of fiscal 2025: current assets were 1.50 times current liabilities.