Zentek (ZTEK) versus Its Competitors Financial Survey

Zentek (NASDAQ:ZTEK – Get 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 related companies based on the strength of its risk, analyst recommendations, earnings, profitability, valuation, dividends and institutional ownership.

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%

Analyst Ratings

This is a summary of recent ratings for Zentek and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Zentek	0	0	0	0	N/A
Zentek Competitors	231	1044	1444	27	2.46

As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 46.78%. Given Zentek’s peers higher probable upside, analysts plainly believe Zentek has less favorable growth aspects than its peers.

Institutional and 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 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.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Zentek	N/A	-$2.93 million	-21.88
Zentek Competitors	$1.56 billion	$94.87 million	28.61

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.

Volatility and Risk

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

Summary

Zentek peers beat Zentek on 9 of the 9 factors compared.

Zentek Company Profile (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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