Financial Analysis: Ichor (NASDAQ:ICHR) versus Spi Energy (NASDAQ:SPI)
Ichor (NASDAQ:ICHR) and Spi Energy (NASDAQ:SPI) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings.
Volatility and Risk
Ichor has a beta of 2.79, indicating that its stock price is 179% more volatile than the S&P 500. Comparatively, Spi Energy has a beta of 4.46, indicating that its stock price is 346% more volatile than the S&P 500.
85.7% of Ichor shares are owned by institutional investors. Comparatively, 0.1% of Spi Energy shares are owned by institutional investors. 2.5% of Ichor shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
This is a breakdown of recent ratings and price targets for Ichor and Spi Energy, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Ichor currently has a consensus price target of $35.86, suggesting a potential upside of 1.23%. Given Ichor’s higher probable upside, analysts clearly believe Ichor is more favorable than Spi Energy.
This table compares Ichor and Spi Energy’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation and Earnings
This table compares Ichor and Spi Energy’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Ichor||$823.61 million||0.97||$57.88 million||$2.79||12.70|
|Spi Energy||$125.58 million||0.22||-$12.28 million||N/A||N/A|
Ichor has higher revenue and earnings than Spi Energy.
Ichor beats Spi Energy on 10 of the 11 factors compared between the two stocks.
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning. It also manufactures precision machined components, weldments, and proprietary products for use in fluid delivery systems. The company operates in the United States, the United Kingdom, Singapore, Malaysia, and Korea. Ichor Holdings, Ltd. was founded in 1999 and is headquartered in Fremont, California.
About Spi Energy
SPI Energy Co., Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. The company also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers. As of December 31, 2017, it owned and operated 73.12 megawatts of solar projects. The company operates in China, Greece, the United States, Italy, Japan, the United Kingdom, Australia, and Germany. SPI Energy Co., Ltd. is headquartered in Shatin, Hong Kong.
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