Energy Vault (NRGV) and Its Peers Financial Analysis

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.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Energy Vault and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Energy Vault	1	1	2	0	2.25
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.

Profitability

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	-53.67%	-19.42%	-16.91%
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.

Summary

Energy Vault peers beat Energy Vault on 8 of the 13 factors compared.

About Energy Vault

(Get Rating)

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.