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.
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.
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.
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.
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.
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.
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.
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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.
Skip ChartThis 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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