Greenwave Technology Solutions (GWAV) and The Competition Financial Review

Greenwave Technology Solutions (NASDAQ:GWAV) is one of 354 public companies in the “Commercial Services & Supplies” industry, but how does it contrast to its rivals? We will compare Greenwave Technology Solutions to related companies based on the strength of its earnings, risk, valuation, institutional ownership, dividends, profitability and analyst recommendations.

Profitability

This table compares Greenwave Technology Solutions and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenwave Technology Solutions	-33.19%	-60.95%	-31.64%
Greenwave Technology Solutions Competitors	-61.35%	-123.59%	-1.37%

Risk and Volatility

Greenwave Technology Solutions has a beta of 0.15, suggesting that its stock price is 85% less volatile than the S&P 500. Comparatively, Greenwave Technology Solutions’ rivals have a beta of 2.45, suggesting that their average stock price is 145% more volatile than the S&P 500.

Valuation and Earnings

This table compares Greenwave Technology Solutions and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenwave Technology Solutions	$46.66 million	-$21.60 million	-0.16
Greenwave Technology Solutions Competitors	$2.43 billion	$140.15 million	24.04

Greenwave Technology Solutions’ rivals have higher revenue and earnings than Greenwave Technology Solutions. Greenwave Technology Solutions 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.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Greenwave Technology Solutions and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenwave Technology Solutions	1	0	0	0	1.00
Greenwave Technology Solutions Competitors	1812	6089	8969	655	2.48

As a group, “Commercial Services & Supplies” companies have a potential upside of 10.56%. Given Greenwave Technology Solutions’ rivals stronger consensus rating and higher probable upside, analysts clearly believe Greenwave Technology Solutions has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

15.6% of Greenwave Technology Solutions shares are owned by institutional investors. Comparatively, 39.6% of shares of all “Commercial Services & Supplies” companies are owned by institutional investors. 4.0% of Greenwave Technology Solutions shares are owned by company insiders. Comparatively, 16.7% of shares of all “Commercial Services & Supplies” companies are owned 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.

Summary

Greenwave Technology Solutions rivals beat Greenwave Technology Solutions on 11 of the 13 factors compared.

About Greenwave Technology Solutions

Greenwave Technology Solutions, Inc., through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the purchasing and sale of processed and unprocessed scrap metals; and operation of automotive shredders. In addition, the company process nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extracts nonferrous precious metals comprising platinum, palladium, and rhodium. It serves large corporations, industrial manufacturers, retail customers, and government organizations. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.