FTC Solar (FTCI) vs. Its Rivals Head-To-Head Analysis

FTC Solar (NASDAQ:FTCI) is one of 218 publicly-traded companies in the “Electrical Equipment” industry, but how does it contrast to its rivals? We will compare FTC Solar to related companies based on the strength of its institutional ownership, dividends, risk, analyst recommendations, earnings, profitability and valuation.

Analyst Ratings

This is a breakdown of recent ratings and target prices for FTC Solar and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FTC Solar	1	1	4	0	2.50
FTC Solar Competitors	2317	5206	7264	440	2.38

FTC Solar presently has a consensus target price of $8.90, indicating a potential upside of 747.62%. As a group, “Electrical Equipment” companies have a potential upside of 47.86%. Given FTC Solar’s stronger consensus rating and higher possible upside, equities analysts clearly believe FTC Solar is more favorable than its rivals.

Volatility & Risk

FTC Solar has a beta of 1.75, suggesting that its share price is 75% more volatile than the S&P 500. Comparatively, FTC Solar’s rivals have a beta of -20.13, suggesting that their average share price is 2,113% less volatile than the S&P 500.

Earnings & Valuation

This table compares FTC Solar and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
FTC Solar	$99.69 million	-$79.58 million	-0.20
FTC Solar Competitors	$2.36 billion	$147.51 million	20.69

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
FTC Solar	-19.76%	N/A	-40.33%
FTC Solar Competitors	-367.00%	-74.52%	-7.81%

Institutional & Insider Ownership

45.4% of FTC Solar shares are held by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are held by institutional investors. 19.2% of FTC Solar shares are held by company insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

FTC Solar beats its rivals on 8 of the 13 factors compared.

FTC Solar Company Profile

FTC Solar, Inc. designs and supplies solar tracker systems and related software and services for utility-scale solar power projects. Its trackers rotate solar panels to follow the sun, helping project operators optimize energy production. The company’s product offerings include single-axis tracker systems, along with engineering, project support and software intended to assist with solar plant design and operations. FTC Solar was founded in 2017 and is headquartered in Austin, Texas. FTC Solar serves solar developers and project owners in markets in the Americas and other international regions.