ROCG Intrinsic Value Calculator – Roth IV Acquisition IV Completes Merger with Tigo to Expand Solar Energy Reach

May 24, 2023

Trending News ☀️

Roth ($NASDAQ:ROCG) IV Acquisition IV (Roth IV) has announced the successful completion of its merger with Tigo, a leading provider of solar energy solutions. The merger marks an important milestone for Roth IV, which is a special purpose acquisition company (SPAC) listed on the New York Stock Exchange. The new entity, called Tigo Energy Inc., will focus on developing cutting-edge technology that will enable solar energy systems to be more reliable, efficient and cost-effective. Tigo will also offer a suite of software solutions and services that will help customers to maximize their solar energy investment.

Roth IV and Tigo plan to create an international presence in the solar energy market, helping to meet the growing global demand for renewable energy. The combination of Roth IV’s capital and expertise with Tigo’s experience in the solar energy market will provide a powerful platform to launch innovative solutions and services.

Share Price

This acquisition marks a major milestone in the company’s growth, as it will expand their reach into the solar energy industry. The merging of the two companies will give ROTH CH ACQUISITION IV access to Tigo’s innovative technology and engineering capabilities. The stock opened at $10.6 and closed at $10.0, down by 2.0% from its previous closing price of 10.2. Despite this drop, investors remain optimistic about the potential for growth that the newly formed company holds.

ROTH CH ACQUISITION IV’s CEO expressed confidence in the long term potential of the merger, noting that the combination of Tigo’s expertise and ROTH CH ACQUISITION IV’s experience in the energy sector will create a powerful entity. The merger is expected to create new opportunities for both companies as they look to expand their reach in the solar energy industry. With their combined resources and technology, ROTH CH ACQUISITION IV and Tigo are poised to provide access to clean and affordable energy to customers around the world. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for ROCG. More…

    Total Revenues Net Income Net Margin
    0 -0.47
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for ROCG. More…

    Operations Investing Financing
    -1.22 94.03 -93.22
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for ROCG. More…

    Total Assets Total Liabilities Book Value Per Share
    24.86 1.28 4.13
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for ROCG are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    FCF Margin ROE ROA
    -4.9% -4.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – ROCG Intrinsic Value Calculator

    At GoodWhale, we have conducted an in-depth analysis of the fundamentals of ROTH CH ACQUISITION IV. Our proprietary Valuation Line has calculated the fair value of ROTH CH ACQUISITION IV share to be around $9.8. Currently, ROTH CH ACQUISITION IV stock is traded at $10.0, which is a fair price but is slightly overvalued by 2.1%. We believe that this presents a profitable opportunity for savvy investors. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • Peers

    The competition between Roth CH Acquisition IV Co and its competitors Goldenbridge Acquisition Ltd, HH&L Acquisition Co, and Avalon Acquisition Inc is intense, with each company vying to secure the best deals and maximize their returns. With the stakes so high, each company is striving to outdo the others in order to gain a competitive edge in the market.

    – Goldenbridge Acquisition Ltd ($NASDAQ:GBRG)

    Goldenbridge Acquisition Ltd is a public company that operates in the financial services sector. The company has a market capitalization of 78.31M as of 2023, which is the total value of the company’s outstanding shares. This figure indicates the current size of the company and its potential for growth. Furthermore, the company has a Return On Equity of -1.19%, which is a measure of profitability and indicates the efficiency of the company’s management in using shareholders’ equity to generate earnings. This figure is used to compare a company’s performance to that of its peers and industry competitors.

    – HH&L Acquisition Co ($NYSE:HHLA)

    HH&L Acquisition Co is an American investment firm specializing in merger and acquisition activities. The company has a market cap of 524.23M as of 2023, reflecting its market value as measured by its current share price relative to its total outstanding shares. Its Return on Equity (ROE), a measure of profitability, is -0.57%, indicating that it has not been able to generate income from equity investments. The company’s market cap and ROE suggest that it has not been successful in its recent investments, but it may have potential for growth in the future.

    – Avalon Acquisition Inc ($NASDAQ:AVAC)

    Avalon Acquisition Inc is a public company that focuses on mergers and acquisitions, as well as corporate and investment banking services. The company has a market capitalization of $268.11M as of 2023. This indicates that the company is worth more than the sum of its parts, and is indicative of the company’s overall value in the market. Additionally, the company currently has a Return on Equity (ROE) of -0.41%, indicating that the company’s profits may not be as high as expected. This can be seen as a sign of caution, as investors may be wary of investing in the company if their returns are low.

    Summary

    Roth CH Acquisition IV recently completed its merger with solar energy company Tigo. This is a strategic move for the firm as they seek to expand their reach in the renewable energy sector. Analysts predict that this acquisition will help Roth CH Acquisition IV increase their competitive advantage in the solar energy industry, as well as create additional revenue streams for the company in the near future. Additionally, the deal is expected to generate synergies, cost savings, and potential cross-selling opportunities between the firms’ combined portfolios of products and services.

    Recent Posts

    Leave a Comment