Comparing Hesai Group (HSAI) and The Competition

Hesai Group (NASDAQ:HSAI) is one of 377 public companies in the “Electronic Equipment, Instruments & Components” industry, but how does it compare to its rivals? We will compare Hesai Group to similar businesses based on the strength of its institutional ownership, earnings, analyst recommendations, valuation, profitability, risk and dividends.

Valuation & Earnings

This table compares Hesai Group and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hesai Group	$432.94 million	$62.33 million	31.32
Hesai Group Competitors	$114.95 billion	$172.92 million	3.08

Hesai Group’s rivals have higher revenue and earnings than Hesai Group. Hesai Group is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

Hesai Group has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, Hesai Group’s rivals have a beta of -0.30, suggesting that their average share price is 130% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Hesai Group and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hesai Group	0	1	2	1	3.00
Hesai Group Competitors	2049	7610	10437	662	2.47

Hesai Group currently has a consensus price target of $23.50, indicating a potential upside of 83.02%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 42.56%. Given Hesai Group’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Hesai Group is more favorable than its rivals.

Profitability

This table compares Hesai Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hesai Group	14.77%	5.52%	4.47%
Hesai Group Competitors	-160.23%	-30.21%	-6.88%

Insider & Institutional Ownership

48.5% of Hesai Group shares are owned by institutional investors. Comparatively, 43.3% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Hesai Group beats its rivals on 9 of the 13 factors compared.

About Hesai Group

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is based in Shanghai, China.