Financial Comparison: Byrna Technologies (NASDAQ:BYRN) vs. MDA Space (NYSE:MDA)

Byrna Technologies (NASDAQ:BYRN) and MDA Space (NYSE:MDA) are both industrials companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings and price targets for Byrna Technologies and MDA Space, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Byrna Technologies	0	3	1	1	2.60
MDA Space	0	3	7	1	2.82

Byrna Technologies presently has a consensus price target of $6.62, suggesting a potential upside of 72.98%. MDA Space has a consensus price target of $50.00, suggesting a potential upside of 75.81%. Given MDA Space’s stronger consensus rating and higher possible upside, analysts plainly believe MDA Space is more favorable than Byrna Technologies.

Insider and Institutional Ownership

25.5% of Byrna Technologies shares are owned by institutional investors. 1.6% of Byrna Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Byrna Technologies and MDA Space’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Byrna Technologies	-9.20%	-14.46%	-11.88%
MDA Space	5.68%	9.42%	4.20%

Earnings and Valuation

This table compares Byrna Technologies and MDA Space”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Byrna Technologies	$118.12 million	0.76	$9.69 million	($0.40)	-9.57
MDA Space	$1.17 billion	3.95	$77.65 million	$0.54	52.67

MDA Space has higher revenue and earnings than Byrna Technologies. Byrna Technologies is trading at a lower price-to-earnings ratio than MDA Space, indicating that it is currently the more affordable of the two stocks.

Summary

MDA Space beats Byrna Technologies on 11 of the 13 factors compared between the two stocks.

About Byrna Technologies

Byrna Technologies Inc., a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. The company offers handheld personal security devices and shoulder-fired launchers without the need for background check or firearm license; and projectiles including chemical irritant, kinetic, and inert rounds. It offers self-defense aerosol products under the Byran Bad Guy Repellent brand; and accessories and related safety products, which includes carbon dioxide canisters, sighting systems, and holster under the Byran Banshee and Byran Shield brand, as well as Byrna-branded apparel. In addition, the company provides the products to the consumer market through Byrna e-commerce store and Amazon storefront, and network of local, regional and national outdoor and sporting goods stores, either directly or through distributors; and professional security market through Train the Trainer program and de-escalation methods. It operates in the United States, South Africa, Europe, South America, Asia, and Canada. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.

About MDA Space

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.