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Emeren Group (SOL) Competitors

$1.56
-0.07 (-3.99%)
(As of 02:06 PM ET)

SOL vs. NVEC, CAN, VLN, AIP, TGAN, GCTS, MX, AXTI, QUIK, and ROCG

Should you be buying Emeren Group stock or one of its competitors? The main competitors of Emeren Group include NVE (NVEC), Canaan (CAN), Valens Semiconductor (VLN), Arteris (AIP), Transphorm (TGAN), GCT Semiconductor (GCTS), Magnachip Semiconductor (MX), AXT (AXTI), QuickLogic (QUIK), and Roth CH Acquisition IV (ROCG). These companies are all part of the "semiconductors & related devices" industry.

Emeren Group vs.

NVE (NASDAQ:NVEC) and Emeren Group (NYSE:SOL) are both small-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, community ranking, valuation, media sentiment, analyst recommendations and risk.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NVE$29.80M11.90$17.12M$3.5520.68
Emeren Group$104.67M0.89-$9.32M-$0.26-5.92

66.0% of NVE shares are owned by institutional investors. Comparatively, 44.1% of Emeren Group shares are owned by institutional investors. 2.0% of NVE shares are owned by company insiders. Comparatively, 18.0% of Emeren Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, NVE had 2 more articles in the media than Emeren Group. MarketBeat recorded 4 mentions for NVE and 2 mentions for Emeren Group. Emeren Group's average media sentiment score of 0.68 beat NVE's score of 0.33 indicating that NVE is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NVE
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Emeren Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

NVE received 5 more outperform votes than Emeren Group when rated by MarketBeat users. Likewise, 56.98% of users gave NVE an outperform vote while only 45.54% of users gave Emeren Group an outperform vote.

CompanyUnderperformOutperform
NVEOutperform Votes
204
56.98%
Underperform Votes
154
43.02%
Emeren GroupOutperform Votes
199
45.54%
Underperform Votes
238
54.46%

NVE has a net margin of 57.46% compared to NVE's net margin of -12.70%. Emeren Group's return on equity of 25.83% beat NVE's return on equity.

Company Net Margins Return on Equity Return on Assets
NVE57.46% 25.83% 25.35%
Emeren Group -12.70%-0.88%-0.69%

Emeren Group has a consensus target price of $5.38, suggesting a potential upside of 247.90%. Given NVE's higher probable upside, analysts clearly believe Emeren Group is more favorable than NVE.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NVE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Emeren Group
2 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.40

NVE has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, Emeren Group has a beta of 1.71, indicating that its stock price is 71% more volatile than the S&P 500.

Summary

NVE beats Emeren Group on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SOL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SOL vs. The Competition

MetricEmeren GroupSemiconductors & related devices IndustryEnergy SectorNYSE Exchange
Market Cap$92.74M$57.04B$7.05B$17.46B
Dividend YieldN/A2.00%11.80%3.62%
P/E Ratio-5.9219.9413.4521.47
Price / Sales0.8912.24105.7416.23
Price / Cash9.3826.4110.9415.53
Price / Book0.246.163.134.75
Net Income-$9.32M$904.71M$912.66M$972.13M
7 Day Performance-7.78%3.73%-0.04%1.63%
1 Month Performance-21.83%4.40%0.46%-4.31%
1 Year Performance-58.93%10.95%0.15%7.58%

Emeren Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVEC
NVE
1.4076 of 5 stars
$73.40
-2.1%
N/A-14.8%$354.52M$29.80M20.6851Positive News
CAN
Canaan
2.5447 of 5 stars
$1.21
+18.6%
$4.25
+251.2%
-52.6%$339.07M$211.48M-0.59541Short Interest ↓
Positive News
Gap Up
VLN
Valens Semiconductor
2.7192 of 5 stars
$3.11
-1.6%
$4.00
+28.6%
+33.3%$323.94M$84.16M-12.96241
AIP
Arteris
3.2572 of 5 stars
$7.92
-1.6%
$13.40
+69.2%
+16.7%$304.76M$53.67M-7.69243Short Interest ↓
TGAN
Transphorm
0.8806 of 5 stars
$4.75
flat
$5.75
+21.1%
N/A$294.31M$16.51M-6.88128News Coverage
GCTS
GCT Semiconductor
0 of 5 stars
$5.18
+3.6%
N/AN/A$237.71MN/A0.00N/AGap Up
MX
Magnachip Semiconductor
3.3625 of 5 stars
$4.82
-0.8%
$8.00
+66.0%
-56.3%$184.46M$230.05M-6.18891Positive News
AXTI
AXT
1.9935 of 5 stars
$3.65
+0.6%
$5.38
+47.3%
+1.1%$162.06M$75.79M-9.121,456Short Interest ↑
QUIK
QuickLogic
2.8107 of 5 stars
$11.06
+3.0%
$14.50
+31.1%
+39.8%$159.49M$21.20M184.3349Positive News
ROCG
Roth CH Acquisition IV
0 of 5 stars
$10.00
-2.0%
N/A-90.1%$148.37MN/A0.002,021Gap Up
High Trading Volume

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This page (NYSE:SOL) was last updated on 6/17/2024 by MarketBeat.com Staff

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