NeoVolta (NASDAQ:NEOVW – Get Free Report) and Amprius Technologies (NYSE:AMPX – Get Free Report) are both industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.
Institutional and Insider Ownership
5.0% of Amprius Technologies shares are held by institutional investors. 12.8% of Amprius Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Profitability
This table compares NeoVolta and Amprius Technologies’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NeoVolta | N/A | N/A | N/A |
Amprius Technologies | -327.05% | -64.85% | -39.47% |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NeoVolta | 0 | 0 | 0 | 0 | N/A |
Amprius Technologies | 0 | 1 | 6 | 2 | 3.11 |
Amprius Technologies has a consensus price target of $8.17, indicating a potential upside of 463.22%. Given Amprius Technologies’ higher probable upside, analysts clearly believe Amprius Technologies is more favorable than NeoVolta.
Earnings & Valuation
This table compares NeoVolta and Amprius Technologies”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
NeoVolta | $2.65 million | N/A | N/A | N/A | N/A |
Amprius Technologies | $12.16 million | 12.87 | -$36.78 million | ($0.43) | -3.37 |
NeoVolta has higher earnings, but lower revenue than Amprius Technologies.
Summary
Amprius Technologies beats NeoVolta on 6 of the 9 factors compared between the two stocks.
About NeoVolta
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.
About Amprius Technologies
Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. The company was incorporated in 2008 and is headquartered in Fremont, California.
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