American Battery Technology (ABAT) vs. Its Competitors Head to Head Analysis

American Battery Technology (NASDAQ:ABAT) is one of 29 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its rivals? We will compare American Battery Technology to related companies based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk.

Institutional & Insider 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, 6.3% 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, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations and price targets for American Battery Technology and its rivals, 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	1165	1552	17	2.45

American Battery Technology currently has a consensus target price of $6.00, suggesting a potential upside of 494.06%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 11.54%. Given American Battery Technology’s stronger consensus rating and higher probable upside, equities analysts plainly believe American Battery Technology is more favorable than its rivals.

Risk and 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 rivals have a beta of 1.12, meaning that their average share price is 12% more volatile than the S&P 500.

Profitability

This table compares American Battery Technology and its rivals’ 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	-1.65%	14.92%	3.97%

Valuation & Earnings

This table compares American Battery Technology and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
American Battery Technology	$340,000.00	-$52.50 million	-1.04
American Battery Technology Competitors	$2.18 billion	$259.42 million	27.62

American Battery Technology’s rivals have higher revenue and earnings than American Battery Technology. American Battery Technology 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.

Summary

American Battery Technology rivals 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.