WallStSmart

Spruce Power Holding Corp (SPRU)vsTurtle Beach Corporation (TBCH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Turtle Beach Corporation generates 174% more annual revenue ($297.77M vs $108.49M). TBCH leads profitability with a -1.1% profit margin vs -6.8%. SPRU earns a higher WallStSmart Score of 44/100 (D).

SPRU

Hold

44

out of 100

Grade: D

Growth: 5.3Profit: 4.5Value: 6.7Quality: 3.5
Piotroski: 6/9Altman Z: -0.43

TBCH

Hold

40

out of 100

Grade: F

Growth: 4.0Profit: 3.5Value: 6.0Quality: 6.5
Piotroski: 5/9Altman Z: 1.92
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SPRUUndervalued (+82.3%)

Margin of Safety

+82.3%

Fair Value

$22.63

Current Price

$1.64

$20.99 discount

UndervaluedFair: $22.63Overvalued

Intrinsic value data unavailable for TBCH.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SPRU2 strengths · Avg: 10.0/10
Price/BookValuation
0.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.7%10/10

Strong operational efficiency at 30.7%

TBCH2 strengths · Avg: 8.0/10
PEG RatioValuation
0.988/10

Growing faster than its price suggests

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

SPRU4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$34.27M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-10.5%2/10

ROE of -10.5% — below average capital efficiency

Revenue GrowthGrowth
-8.7%2/10

Revenue declined 8.7%

TBCH4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.924/10

Grey zone — moderate risk

Market CapQuality
$223.51M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Revenue GrowthGrowth
-0.7%2/10

Revenue declined 0.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : SPRU

The strongest argument for SPRU centers on Price/Book, Operating Margin.

Bull Case : TBCH

The strongest argument for TBCH centers on PEG Ratio, Price/Book. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bear Case : SPRU

The primary concerns for SPRU are EPS Growth, Market Cap, Return on Equity. Debt-to-equity of 5.54 is elevated, increasing financial risk.

Bear Case : TBCH

The primary concerns for TBCH are Altman Z-Score, Market Cap, Return on Equity.

Key Dynamics to Monitor

TBCH carries more volatility with a beta of 2.31 — expect wider price swings.

TBCH is growing revenue faster at -0.7% — sustainability is the question.

TBCH generates stronger free cash flow (6M), providing more financial flexibility.

Monitor SOLAR industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SPRU scores higher overall (44/100 vs 40/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Spruce Power Holding Corp

TECHNOLOGY · SOLAR · USA

XL Fleet Corporation. The company is headquartered in Boston, Massachusetts.

Turtle Beach Corporation

TECHNOLOGY · CONSUMER ELECTRONICS · USA

Turtle Beach Corporation is an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. The company is headquartered in White Plains, New York.

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