Head to Head Survey: NewHold Investment Corp III (NHIC) and The Competition

NewHold Investment Corp III (NASDAQ:NHIC) is one of 78 public companies in the “UNCLASSIFIED” industry, but how does it contrast to its rivals? We will compare NewHold Investment Corp III to similar companies based on the strength of its risk, profitability, analyst recommendations, dividends, institutional ownership, earnings and valuation.

Analyst Ratings

This is a summary of recent recommendations for NewHold Investment Corp III and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NewHold Investment Corp III	1	0	0	0	1.00
NewHold Investment Corp III Competitors	514	237	205	3	1.68

As a group, “UNCLASSIFIED” companies have a potential upside of 54.91%. Given NewHold Investment Corp III’s rivals stronger consensus rating and higher probable upside, analysts plainly believe NewHold Investment Corp III has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

53.9% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 13.8% of NewHold Investment Corp III shares are owned by insiders. Comparatively, 42.2% of shares of all “UNCLASSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares NewHold Investment Corp III and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NewHold Investment Corp III	N/A	-79.90%	2.50%
NewHold Investment Corp III Competitors	-204.08%	-207.40%	-58.78%

Earnings and Valuation

This table compares NewHold Investment Corp III and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NewHold Investment Corp III	N/A	$4.92 million	94.17
NewHold Investment Corp III Competitors	$164.64 million	-$48.48 million	99.47

NewHold Investment Corp III’s rivals have higher revenue, but lower earnings than NewHold Investment Corp III. NewHold Investment Corp III 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

NewHold Investment Corp III rivals beat NewHold Investment Corp III on 8 of the 12 factors compared.

About NewHold Investment Corp III

NewHold Investment Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination, with one or more target businesses. The company was formerly known as NewHold Industrial Corp. and changed its name to NewHold Investment Corp. in February 2020. NewHold Investment Corp. was incorporated in 2020 and is based in Houston, Texas.