Critical Comparison: NaaS Technology (NAAS) versus Its Peers

NaaS Technology (NASDAQ:NAAS) is one of 285 public companies in the “Specialty Retail” industry, but how does it weigh in compared to its rivals? We will compare NaaS Technology to similar companies based on the strength of its valuation, dividends, risk, profitability, earnings, analyst recommendations and institutional ownership.

Valuation and Earnings

This table compares NaaS Technology and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NaaS Technology	$104.00 million	N/A	-0.03
NaaS Technology Competitors	$2.37 billion	$27.32 million	24.82

NaaS Technology’s rivals have higher revenue and earnings than NaaS Technology. NaaS Technology 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
NaaS Technology	N/A	N/A	N/A
NaaS Technology Competitors	-1.78%	-24.91%	1.75%

Risk & Volatility

NaaS Technology has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500. Comparatively, NaaS Technology’s rivals have a beta of 1.14, indicating that their average share price is 14% more volatile than the S&P 500.

Institutional & Insider Ownership

1.8% of NaaS Technology shares are owned by institutional investors. Comparatively, 51.6% of shares of all “Specialty Retail” companies are owned by institutional investors. 18.0% of NaaS Technology shares are owned by insiders. Comparatively, 20.5% of shares of all “Specialty Retail” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and target prices for NaaS Technology and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NaaS Technology	1	0	0	0	1.00
NaaS Technology Competitors	3660	15555	21564	576	2.46

As a group, “Specialty Retail” companies have a potential upside of 10.71%. Given NaaS Technology’s rivals stronger consensus rating and higher probable upside, analysts clearly believe NaaS Technology has less favorable growth aspects than its rivals.

Summary

NaaS Technology rivals beat NaaS Technology on 10 of the 12 factors compared.

About NaaS Technology

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. NaaS Technology Inc. is headquartered in Beijing, China.