Greenland Technologies (GTEC) vs. The Competition Critical Review

Greenland Technologies (NASDAQ:GTEC) is one of 436 publicly-traded companies in the “Machinery” industry, but how does it weigh in compared to its competitors? We will compare Greenland Technologies to related businesses based on the strength of its institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.

Risk and Volatility

Greenland Technologies has a beta of 0.28, suggesting that its share price is 72% less volatile than the S&P 500. Comparatively, Greenland Technologies’ competitors have a beta of 5.12, suggesting that their average share price is 412% more volatile than the S&P 500.

Earnings & Valuation

This table compares Greenland Technologies and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenland Technologies	$90.69 million	$4.93 million	0.85
Greenland Technologies Competitors	$4.62 billion	$362.62 million	6.34

Greenland Technologies’ competitors have higher revenue and earnings than Greenland Technologies. Greenland Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Greenland Technologies and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenland Technologies	1	0	0	0	1.00
Greenland Technologies Competitors	4215	14730	18259	809	2.41

As a group, “Machinery” companies have a potential upside of 30.96%. Given Greenland Technologies’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Greenland Technologies has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

10.9% of Greenland Technologies shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are owned by institutional investors. 36.9% of Greenland Technologies shares are owned by company insiders. Comparatively, 14.1% of shares of all “Machinery” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Greenland Technologies and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenland Technologies	12.32%	17.02%	9.68%
Greenland Technologies Competitors	-1,035.50%	-36.21%	-0.24%

Summary

Greenland Technologies competitors beat Greenland Technologies on 9 of the 13 factors compared.

About Greenland Technologies

Greenland Technologies Holding Corporation (NASDAQ:GTEC) develops and manufactures electric industrial vehicles and drivetrain systems for material-handling and other heavy-equipment applications. The company’s products are designed for use in settings such as warehouses, distribution facilities, construction sites, industrial operations and other commercial environments. Through its HEVI brand, Greenland Technologies offers electric vehicles and equipment, including electric forklifts, loaders, excavators and other utility vehicles.