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Energy Vault (NRGV) Vs. Its Rivals Financial Analysis

Financial News Live ·  Mar 29, 2023 16:52

Energy Vault (NYSE:NRGV – Get Rating) is one of 61 publicly-traded companies in the "Miscellaneous electrical machinery, equipment, & supplies" industry, but how does it compare to its rivals? We will compare Energy Vault to related companies based on the strength of its dividends, profitability, risk, valuation, institutional ownership, earnings and analyst recommendations.

Risk and 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 rivals have a beta of 0.59, suggesting that their average stock price is 41% less volatile than the S&P 500.

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Valuation and Earnings

This table compares Energy Vault and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Energy Vault $145.88 million -$78.30 million -3.06
Energy Vault Competitors $684.20 million $11.54 million 3.96

Energy Vault's rivals have higher revenue and earnings than Energy Vault. Energy Vault is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

36.4% of Energy Vault shares are owned by institutional investors. Comparatively, 43.0% 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, 14.2% of shares of all "Miscellaneous electrical machinery, equipment, & supplies" companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations for Energy Vault and its rivals, 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 73 460 990 51 2.65

Energy Vault presently has a consensus price target of $7.07, indicating a potential upside of 239.97%. As a group, "Miscellaneous electrical machinery, equipment, & supplies" companies have a potential upside of 42.30%. Given Energy Vault's higher probable upside, equities analysts plainly believe Energy Vault is more favorable than its rivals.

Profitability

This table compares Energy Vault and its rivals' 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 -85.31% -121.72% -18.97%

Summary

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

Energy Vault Company Profile

(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.

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