Comparing T1 Energy (NYSE:TE) & Nova (NASDAQ:NVMI)

T1 Energy (NYSE:TE) and Nova (NASDAQ:NVMI) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability and risk.

Analyst Recommendations

This is a summary of current ratings and target prices for T1 Energy and Nova, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
T1 Energy	1	4	5	1	2.55
Nova	0	4	7	0	2.64

T1 Energy currently has a consensus price target of $7.50, indicating a potential upside of 206.50%. Nova has a consensus price target of $499.44, indicating a potential upside of 52.46%. Given T1 Energy’s higher probable upside, analysts clearly believe T1 Energy is more favorable than Nova.

Volatility & Risk

T1 Energy has a beta of 2.36, indicating that its share price is 136% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.79, indicating that its share price is 79% more volatile than the S&P 500.

Profitability

This table compares T1 Energy and Nova’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
T1 Energy	N/A	N/A	N/A
Nova	N/A	N/A	N/A

Insider & Institutional Ownership

52.3% of T1 Energy shares are held by institutional investors. Comparatively, 83.0% of Nova shares are held by institutional investors. 22.4% of T1 Energy shares are held by company insiders. Comparatively, 1.0% of Nova shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares T1 Energy and Nova”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
T1 Energy	$996.85 million	0.72	-$583.16 million	($1.98)	-1.24
Nova	$937.50 million	11.11	$256.81 million	$8.08	40.54

Nova has lower revenue, but higher earnings than T1 Energy. T1 Energy is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.

Summary

Nova beats T1 Energy on 7 of the 12 factors compared between the two stocks.

About T1 Energy

T1 Energy Inc. is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc. , formerly known as FREYR Battery, is based in NEW YORK.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.