Just Energy Group (OTCMKTS:JENGQ – Get Rating) is one of 24 publicly-traded companies in the “Natural gas distribution” industry, but how does it compare to its competitors? We will compare Just Energy Group to related businesses based on the strength of its earnings, valuation, dividends, institutional ownership, analyst recommendations, profitability and risk.
Insider and Institutional Ownership
28.9% of Just Energy Group shares are owned by institutional investors. Comparatively, 61.6% of shares of all “Natural gas distribution” companies are owned by institutional investors. 13.6% of shares of all “Natural gas distribution” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Risk and Volatility
Just Energy Group has a beta of 0.66, meaning that its share price is 34% less volatile than the S&P 500. Comparatively, Just Energy Group’s competitors have a beta of 0.79, meaning that their average share price is 21% less volatile than the S&P 500.
Earnings and Valuation
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Just Energy Group||$2.15 billion||$678.53 million||0.02|
|Just Energy Group Competitors||$8.53 billion||$325.69 million||13.59|
Just Energy Group’s competitors have higher revenue, but lower earnings than Just Energy Group. Just Energy Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of current ratings and recommmendations for Just Energy Group and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Just Energy Group||0||0||0||0||N/A|
|Just Energy Group Competitors||252||713||716||16||2.29|
As a group, “Natural gas distribution” companies have a potential upside of 5.93%. Given Just Energy Group’s competitors higher probable upside, analysts plainly believe Just Energy Group has less favorable growth aspects than its competitors.
This table compares Just Energy Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Just Energy Group||27.34%||528.93%||39.74%|
|Just Energy Group Competitors||5.49%||-6.17%||5.11%|
Just Energy Group competitors beat Just Energy Group on 6 of the 10 factors compared.
About Just Energy Group
Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States and Canada. It operates through two segments, The Mass Market and The Commercial. The company offers fixed, variable, index and flat rate commodity products, as well as Just Green products; smart thermostats; and subscription-based home water filtration systems, including under-counter and whole-home water filtration solution, as well as sustainable carbon emissions solutions. It offers energy solutions under the Just Energy, Tara Energy, Amigo Energy, and terrapass brands. The company serves residential and commercial customers through brokers, door-to-door commercial independent contractors, and inside commercial sales representatives. Just Energy Group Inc. was founded in 1997 and is based in Toronto, Canada.
Receive News & Ratings for Just Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.