American Battery Technology (NASDAQ:ABAT – Get Free Report) is one of 29 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it weigh in compared to its peers? We will compare American Battery Technology to related companies based on the strength of its institutional ownership, valuation, earnings, analyst recommendations, dividends, risk and profitability.
Analyst Ratings
This is a summary of current ratings and recommmendations for American Battery Technology and its peers, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Battery Technology | 0 | 0 | 1 | 0 | 3.00 |
| American Battery Technology Competitors | 254 | 1166 | 1553 | 17 | 2.45 |
American Battery Technology presently has a consensus price target of $6.00, suggesting a potential upside of 505.94%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 6.00%. Given American Battery Technology’s stronger consensus rating and higher possible upside, equities research analysts clearly believe American Battery Technology is more favorable than its peers.
Valuation and Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| American Battery Technology | $343,500.00 | -$52.50 million | -1.02 |
| American Battery Technology Competitors | $2.27 billion | $259.42 million | 27.79 |
American Battery Technology’s peers have higher revenue and earnings than American Battery Technology. American Battery Technology is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares American Battery Technology and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Battery Technology | N/A | -61.72% | -46.74% |
| American Battery Technology Competitors | -1.52% | 14.89% | 3.96% |
Insider and Institutional Ownership
9.9% of American Battery Technology shares are owned by institutional investors. Comparatively, 59.0% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 5.2% of American Battery Technology shares are owned by company insiders. Comparatively, 6.2% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by company 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.
Risk & Volatility
American Battery Technology has a beta of 2.17, meaning that its share price is 117% more volatile than the S&P 500. Comparatively, American Battery Technology’s peers have a beta of 1.12, meaning that their average share price is 12% more volatile than the S&P 500.
Summary
American Battery Technology peers beat American Battery Technology on 8 of the 13 factors compared.
About American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
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