Fly-E Group (FLYE) & Its Competitors Critical Review

Fly-E Group (NASDAQ:FLYE) is one of 119 publicly-traded companies in the “Automobiles” industry, but how does it weigh in compared to its peers? We will compare Fly-E Group to related businesses based on the strength of its analyst recommendations, dividends, earnings, institutional ownership, risk, valuation and profitability.

Analyst Ratings

This is a summary of current ratings and target prices for Fly-E Group and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fly-E Group	1	0	0	0	1.00
Fly-E Group Competitors	2142	5148	6400	192	2.33

As a group, “Automobiles” companies have a potential upside of 68.72%. Given Fly-E Group’s peers stronger consensus rating and higher probable upside, analysts clearly believe Fly-E Group has less favorable growth aspects than its peers.

Institutional & Insider Ownership

39.1% of shares of all “Automobiles” companies are owned by institutional investors. 4.7% of Fly-E Group shares are owned by company insiders. Comparatively, 13.9% of shares of all “Automobiles” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

Fly-E Group has a beta of -0.92, suggesting that its stock price is 192% less volatile than the S&P 500. Comparatively, Fly-E Group’s peers have a beta of 1.02, suggesting that their average stock price is 2% more volatile than the S&P 500.

Earnings and Valuation

This table compares Fly-E Group and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fly-E Group	$19.06 million	N/A	-0.30
Fly-E Group Competitors	$830.43 billion	$1.13 billion	7.84

Fly-E Group’s peers have higher revenue and earnings than Fly-E Group. Fly-E Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Fly-E Group and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fly-E Group	N/A	N/A	N/A
Fly-E Group Competitors	-1,480.28%	-126.41%	-12.05%

Summary

Fly-E Group peers beat Fly-E Group on 9 of the 12 factors compared.

About Fly-E Group

Fly-E Group, Inc. is an electric mobility company that sells electric bicycles, scooters, motorcycles and related products. Its offerings include batteries, chargers, replacement parts and other accessories designed for electric two-wheelers. The company markets its products under the FLY E-BIKE brand and serves customers through physical retail locations and online sales channels. Its operations are primarily focused on the U.S. market, with a presence in New York City and sales to customers in other areas through e-commerce.