Head-To-Head Survey: Eqonex (NASDAQ:EQOS) & MultiPlan (NYSE:MPLN)

Eqonex (NASDAQ:EQOS) and MultiPlan (NYSE:MPLN) are both small-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, risk, dividends, earnings and profitability.

Volatility & Risk

Eqonex has a beta of 1.83, indicating that its stock price is 83% more volatile than the S&P 500. Comparatively, MultiPlan has a beta of 0.52, indicating that its stock price is 48% less volatile than the S&P 500.

Insider and Institutional Ownership

87.2% of MultiPlan shares are owned by institutional investors. 8.2% of MultiPlan shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Eqonex and MultiPlan, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eqonex	0	0	0	0	N/A
MultiPlan	0	1	0	0	2.00

MultiPlan has a consensus target price of $1.00, indicating a potential upside of 431.63%.

Profitability

This table compares Eqonex and MultiPlan’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eqonex	N/A	N/A	N/A
MultiPlan	-122.73%	-8.90%	-1.78%

Valuation & Earnings

This table compares Eqonex and MultiPlan”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eqonex	$5.29 million	0.00	-$75.00 million	N/A	N/A
MultiPlan	$954.92 million	0.13	-$91.70 million	($0.98)	-0.19

Eqonex has higher earnings, but lower revenue than MultiPlan.

Summary

Eqonex beats MultiPlan on 5 of the 8 factors compared between the two stocks.

About Eqonex

Eqonex Limited operates as a digital assets financial services company. It operates through three divisions: Custody, Asset Management, and Brokerage. The company provides Digivault, a custody solution; Bletchley Park, a digital asset investment solution for institutional and professional investors; and EQONEX Investment products that issues securitized products. It also operates an over-the-counter brokerage, and borrowing and lending services, as well as structured products. The company was formerly known as Diginex Limited and changed its name to Eqonex Limited in October 2021. Eqonex Limited is headquartered in Singapore.

About MultiPlan

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. In addition, the company offers data and decision science services including a suite of solutions that apply modern methods of data science to produce descriptive, predictive, and prescriptive analytics that drive optimized benefit plan design, support decision-making, improve clinical outcomes, and reduce the total cost of care; and business-to-business healthcare payments and other services. It serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.