SPI Energy (NASDAQ:SPI) versus SkyWater Technology (NASDAQ:SKYT) Critical Survey

SPI Energy (NASDAQ:SPIGet Free Report) and SkyWater Technology (NASDAQ:SKYTGet Free Report) are both small-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Volatility and Risk

SPI Energy has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500. Comparatively, SkyWater Technology has a beta of 4.18, indicating that its stock price is 318% more volatile than the S&P 500.

Insider & Institutional Ownership

1.7% of SPI Energy shares are owned by institutional investors. Comparatively, 70.0% of SkyWater Technology shares are owned by institutional investors. 24.6% of SPI Energy shares are owned by company insiders. Comparatively, 42.6% of SkyWater Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares SPI Energy and SkyWater Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SPI Energy -11.77% -167.64% -9.56%
SkyWater Technology -10.73% -32.59% -6.66%

Analyst Recommendations

This is a summary of recent ratings and price targets for SPI Energy and SkyWater Technology, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPI Energy 0 0 0 0 N/A
SkyWater Technology 0 0 4 0 3.00

SkyWater Technology has a consensus price target of $13.25, suggesting a potential upside of 52.83%. Given SkyWater Technology’s higher probable upside, analysts plainly believe SkyWater Technology is more favorable than SPI Energy.

Valuation & Earnings

This table compares SPI Energy and SkyWater Technology’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SPI Energy $209.53 million 0.10 -$33.42 million ($0.88) -0.72
SkyWater Technology $286.68 million 1.43 -$30.76 million ($0.69) -12.57

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

Summary

SkyWater Technology beats SPI Energy on 12 of the 13 factors compared between the two stocks.

About SPI Energy

(Get Free Report)

SPI Energy Co., Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. It also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers, including government-owned utility companies. In addition, the company sells self-assembled solar modules, forklifts, pre-development solar projects, component and charging stations, as well as offers shipping, delivery, engineering, and maintenance services. As of April, 2022, it owned and operated 17.51 megawatts of solar projects. The company is headquartered in Sacramento, California.

About SkyWater Technology

(Get Free Report)

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors. The company was incorporated in 2016 and is headquartered in Bloomington, Minnesota.

Receive News & Ratings for SPI Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPI Energy and related companies with MarketBeat.com's FREE daily email newsletter.