Contrasting Nuvei (NASDAQ:NVEI) and MetaWorks Platforms (OTCMKTS:MWRK)

MetaWorks Platforms (OTCMKTS:MWRK) and Nuvei (NASDAQ:NVEI) are both business services companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends and institutional ownership.

Valuation and Earnings

This table compares MetaWorks Platforms and Nuvei”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	3.68	-$5.65 million	($0.08)	-0.20
Nuvei	$1.31 billion	3.59	-$7.84 million	($0.04)	-837.25

MetaWorks Platforms has higher earnings, but lower revenue than Nuvei. Nuvei is trading at a lower price-to-earnings ratio than MetaWorks Platforms, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares MetaWorks Platforms and Nuvei’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MetaWorks Platforms	N/A	-249.65%	-157.91%
Nuvei	-0.87%	6.98%	2.80%

Analyst Recommendations

This is a breakdown of recent recommendations for MetaWorks Platforms and Nuvei, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
Nuvei	0	9	8	0	2.47

Nuvei has a consensus price target of $32.21, suggesting a potential downside of 3.81%. Given Nuvei’s stronger consensus rating and higher possible upside, analysts clearly believe Nuvei is more favorable than MetaWorks Platforms.

Volatility and Risk

MetaWorks Platforms has a beta of 1.1, indicating that its share price is 10% more volatile than the S&P 500. Comparatively, Nuvei has a beta of 2.53, indicating that its share price is 153% more volatile than the S&P 500.

Institutional and Insider Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 42.5% of Nuvei shares are owned by institutional investors. 20.0% of Nuvei shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Nuvei beats MetaWorks Platforms on 10 of the 14 factors compared between the two stocks.

About MetaWorks Platforms

MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.

About Nuvei

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method. Its solutions comprise a fully integrated payments engine with global processing capabilities, a turnkey solution for frictionless payment experiences, and a broad suite of data-driven business intelligence tools and risk management services. The company markets and sells its products and services through direct and indirect sales, strategic platform integrations, local sales teams, and indirect partners. The company was formerly known as Pivotal Development Corporation Inc. and changed its name to Nuvei Corporation in November 2018. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.