Head-To-Head Comparison: FTC Solar (FTCI) versus Its Peers

FTC Solar (NASDAQ:FTCIGet Rating) is one of 163 public companies in the “Semiconductors & related devices” industry, but how does it compare to its competitors? We will compare FTC Solar to related businesses based on the strength of its risk, institutional ownership, valuation, dividends, profitability, analyst recommendations and earnings.

Earnings & Valuation

This table compares FTC Solar and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
FTC Solar $270.52 million -$106.59 million -2.33
FTC Solar Competitors $3.68 billion $746.03 million 22.07

FTC Solar’s competitors have higher revenue and earnings than FTC Solar. FTC Solar is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares FTC Solar and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
FTC Solar -40.69% -53.89% -33.19%
FTC Solar Competitors -23.21% 2.02% 2.65%

Insider & Institutional Ownership

21.9% of FTC Solar shares are owned by institutional investors. Comparatively, 58.3% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 8.0% of shares of all “Semiconductors & related devices” companies are owned by company 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.

Analyst Recommendations

This is a breakdown of recent ratings for FTC Solar and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FTC Solar 2 1 5 1 2.56
FTC Solar Competitors 2295 9096 16539 684 2.55

FTC Solar presently has a consensus target price of $8.89, suggesting a potential upside of 193.36%. As a group, “Semiconductors & related devices” companies have a potential upside of 44.00%. Given FTC Solar’s stronger consensus rating and higher possible upside, research analysts clearly believe FTC Solar is more favorable than its competitors.

Summary

FTC Solar competitors beat FTC Solar on 9 of the 12 factors compared.

About FTC Solar (Get Rating)

FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

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