Analyzing Zentek (ZTEK) & Its Rivals

Zentek (NASDAQ:ZTEKGet Rating) is one of 40 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its peers? We will compare Zentek to similar businesses based on the strength of its risk, institutional ownership, earnings, analyst recommendations, valuation, profitability and dividends.

Risk and Volatility

Zentek has a beta of 0.71, suggesting that its stock price is 29% less volatile than the S&P 500. Comparatively, Zentek’s peers have a beta of 1.88, suggesting that their average stock price is 88% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Zentek and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zentek 0 0 0 0 N/A
Zentek Competitors 231 1043 1444 27 2.46

As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 46.75%. Given Zentek’s peers higher possible upside, analysts plainly believe Zentek has less favorable growth aspects than its peers.

Profitability

This table compares Zentek and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Zentek N/A -38.60% -35.82%
Zentek Competitors 4.32% -5.82% 4.77%

Valuation & Earnings

This table compares Zentek and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Zentek N/A -$2.93 million -22.88
Zentek Competitors $1.56 billion $94.87 million 28.46

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

Institutional & Insider Ownership

48.7% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 9.9% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Zentek peers beat Zentek on 10 of the 10 factors compared.

About Zentek (Get Rating)

Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite Project located in Northern Ontario, Canada. The company develops graphene-based antimicrobial coating; and surgical masks, HVAC filters, and personal protective equipment. It is also developing synthesize graphene, graphene oxide, and graphene quantum dots for applications of graphene. The company was formerly known as ZEN Graphene Solutions Ltd. and changed its name to Zentek Ltd. in October 2021. Zentek Ltd. was incorporated in 2008 and is based in Thunder Bay, Canada.

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