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Head-To-Head Analysis: Energy Vault (NRGV) and The Competition

Defense World ·  Mar 30, 2023 14:22

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 competitors? We will compare Energy Vault to similar companies based on the strength of its dividends, risk, analyst recommendations, earnings, profitability, valuation and institutional ownership.

Profitability

This table compares Energy Vault and its competitors' net margins, return on equity and return on assets.

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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%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Energy Vault and its competitors, 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 73 460 992 51 2.65

Energy Vault currently has a consensus target price of $7.07, indicating a potential upside of 236.73%. As a group, "Miscellaneous electrical machinery, equipment, & supplies" companies have a potential upside of 38.37%. Given Energy Vault's higher possible upside, analysts plainly believe Energy Vault is more favorable than its competitors.

Valuation & Earnings

This table compares Energy Vault and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Energy Vault $145.88 million -$78.30 million -3.09
Energy Vault Competitors $687.59 million $11.54 million 4.01

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.

Risk and Volatility

Energy Vault has a beta of 0.06, suggesting that its share price is 94% less volatile than the S&P 500. Comparatively, Energy Vault's competitors have a beta of 0.59, suggesting that their average share price is 41% less volatile than the S&P 500.

Institutional and Insider 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 company insiders. Comparatively, 14.2% of shares of all "Miscellaneous electrical machinery, equipment, & supplies" companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Energy Vault competitors 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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