share_log

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

Defense World ·  Mar 31, 2023 15:11

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

Earnings & Valuation

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

Get Energy Vault alerts:
Gross Revenue Net Income Price/Earnings Ratio
Energy Vault $145.88 million -$78.30 million -3.00
Energy Vault Competitors $691.11 million $11.54 million 4.05

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.

Volatility & Risk

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

Analyst Ratings

This is a summary of current recommendations and price targets for Energy Vault and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Energy Vault 1 1 2 0 2.25
Energy Vault Competitors 73 462 994 51 2.65

Energy Vault presently has a consensus price target of $7.00, indicating a potential upside of 243.14%. As a group, "Miscellaneous electrical machinery, equipment, & supplies" companies have a potential upside of 35.51%. Given Energy Vault's higher possible upside, equities research analysts clearly believe Energy Vault is more favorable than its rivals.

Institutional and Insider Ownership

36.4% of Energy Vault shares are held by institutional investors. Comparatively, 44.1% 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, 14.9% of shares of all "Miscellaneous electrical machinery, equipment, & supplies" companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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.

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.

Receive News & Ratings for Energy Vault Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Vault and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment