Head-To-Head Survey: Energy Vault (NRGV) versus The Competition

Energy Vault (NYSE:NRGV – Get Rating) is one of 60 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it contrast to its competitors? We will compare Energy Vault to related businesses based on the strength of its earnings, dividends, institutional ownership, profitability, risk, valuation and analyst recommendations.

Institutional & Insider Ownership

36.4% of Energy Vault shares are held by institutional investors. Comparatively, 42.9% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are held by institutional investors. 26.8% of Energy Vault shares are held by insiders. Comparatively, 14.6% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk & Volatility

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 competitors have a beta of 0.60, suggesting that their average stock price is 40% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Energy Vault and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Energy Vault	1	1	2	0	2.25
Energy Vault Competitors	70	460	987	51	2.65

Energy Vault presently has a consensus target price of $7.07, indicating a potential upside of 219.97%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 48.28%. Given Energy Vault’s higher probable upside, analysts clearly believe Energy Vault is more favorable than its competitors.

Profitability

This table compares Energy Vault and its competitors’ 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%	-121.77%	-19.02%

Earnings & Valuation

This table compares Energy Vault and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Energy Vault	$145.88 million	-$78.30 million	-3.25
Energy Vault Competitors	$697.25 million	$10.30 million	3.80

Energy Vault’s competitors have higher revenue and earnings than Energy Vault. Energy Vault 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.

Summary

Energy Vault competitors 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.