Clean Energy Technologies (NASDAQ:CETY – Get Free Report) is one of 19 public companies in the “Natural gas distribution” industry, but how does it compare to its competitors? We will compare Clean Energy Technologies to similar businesses based on the strength of its dividends, valuation, profitability, institutional ownership, earnings, analyst recommendations and risk.
Earnings and Valuation
This table compares Clean Energy Technologies and its competitors gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Clean Energy Technologies | $15.11 million | -$5.66 million | -10.28 |
Clean Energy Technologies Competitors | $10.92 billion | $1.13 billion | 39.58 |
Clean Energy Technologies’ competitors have higher revenue and earnings than Clean Energy Technologies. Clean Energy Technologies 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.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Clean Energy Technologies | 0 | 0 | 0 | 0 | N/A |
Clean Energy Technologies Competitors | 257 | 774 | 782 | 33 | 2.32 |
As a group, “Natural gas distribution” companies have a potential upside of 14.62%. Given Clean Energy Technologies’ competitors higher probable upside, analysts clearly believe Clean Energy Technologies has less favorable growth aspects than its competitors.
Risk and Volatility
Clean Energy Technologies has a beta of 0.36, meaning that its share price is 64% less volatile than the S&P 500. Comparatively, Clean Energy Technologies’ competitors have a beta of 0.88, meaning that their average share price is 12% less volatile than the S&P 500.
Profitability
This table compares Clean Energy Technologies and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Clean Energy Technologies | -37.45% | -98.48% | -50.41% |
Clean Energy Technologies Competitors | 11.31% | -10.06% | 1.77% |
Institutional and Insider Ownership
0.5% of Clean Energy Technologies shares are owned by institutional investors. Comparatively, 58.1% of shares of all “Natural gas distribution” companies are owned by institutional investors. 11.0% of shares of all “Natural gas distribution” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Clean Energy Technologies competitors beat Clean Energy Technologies on 10 of the 10 factors compared.
About Clean Energy Technologies
Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy. The company operates through four segments: Clean Energy Solutions, CETY Europe, Electronic Manufacturing Business, and CETY HK. It offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. The company also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, it offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. The company was founded in 1993 and is headquartered in Costa Mesa, California. Clean Energy Technologies, Inc. operates as a subsidiary of MGW Investment I Ltd.
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