Energy Vault (NYSE:NRGV – Get Rating) is one of 60 publicly-traded companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it contrast to its peers? We will compare Energy Vault to similar companies based on the strength of its valuation, profitability, institutional ownership, dividends, analyst recommendations, earnings and risk.
Valuation and Earnings
This table compares Energy Vault and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Energy Vault||$145.88 million||-$78.30 million||-3.24|
|Energy Vault Competitors||$691.76 million||$10.30 million||4.78|
Energy Vault’s peers have higher revenue and earnings than Energy Vault. Energy Vault 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.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Energy Vault Competitors||69||459||984||51||2.65|
Energy Vault presently has a consensus target price of $7.07, suggesting a potential upside of 221.43%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 46.49%. Given Energy Vault’s higher probable upside, research analysts clearly believe Energy Vault is more favorable than its peers.
Insider and Institutional Ownership
36.4% of Energy Vault shares are owned by institutional investors. Comparatively, 43.3% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 26.8% of Energy Vault shares are owned by insiders. Comparatively, 14.7% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This table compares Energy Vault and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Energy Vault Competitors||-85.53%||-121.73%||-19.04%|
Volatility & Risk
Energy Vault has a beta of 0.06, suggesting that its stock price is 94% less volatile than the S&P 500. Comparatively, Energy Vault’s peers have a beta of 0.59, suggesting that their average stock price is 41% less volatile than the S&P 500.
Energy Vault peers beat Energy Vault on 8 of the 13 factors compared.
About Energy Vault
Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.
Receive News & Ratings for Energy Vault Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Vault and related companies with MarketBeat.com's FREE daily email newsletter.