OmniTek Engineering (OTCMKTS:OMTK) and Veoneer (NYSE:VNE) are both industrial products companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability and dividends.

Profitability

This table compares OmniTek Engineering and Veoneer’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
OmniTek Engineering -63.26% -226.48% -50.97%
Veoneer N/A N/A N/A

Valuation and Earnings

This table compares OmniTek Engineering and Veoneer’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
OmniTek Engineering $1.07 million 2.35 -$1.03 million N/A N/A
Veoneer N/A N/A N/A N/A N/A

Veoneer has lower revenue, but higher earnings than OmniTek Engineering.

Analyst Ratings

This is a breakdown of recent ratings and target prices for OmniTek Engineering and Veoneer, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OmniTek Engineering 0 0 0 0 N/A
Veoneer 3 10 4 0 2.06

Veoneer has a consensus target price of $45.27, suggesting a potential upside of 35.73%. Given Veoneer’s higher probable upside, analysts clearly believe Veoneer is more favorable than OmniTek Engineering.

Insider and Institutional Ownership

0.0% of OmniTek Engineering shares are held by institutional investors. Comparatively, 27.9% of Veoneer shares are held by institutional investors. 54.0% of OmniTek Engineering shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Veoneer beats OmniTek Engineering on 6 of the 8 factors compared between the two stocks.

OmniTek Engineering Company Profile

Omnitek Engineering Corp. develops and sells proprietary diesel-to-natural gas conversion systems and other products worldwide. The company offers conversion kits for converting diesel engines to run on an alternative fuels, including compressed natural gas, liquefied natural gas, renewable natural gas, and liquid petroleum gas; and natural gas engines and components, as well as high-pressure natural gas coalescing filters. Its products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. The company sells and delivers its products through its products through its distributors, engine manufacturers, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. Omnitek Engineering Corp. was founded in 2001 and is headquartered in Vista, California.

Veoneer Company Profile

Veoneer, Inc. designs, develops, manufactures, and sells automotive safety electronics products. The company offers automotive radars, cameras with driver assist systems, night vision systems, positioning systems, restraint control, sensing, and brake systems. The company is based in Stockholm, Sweden. Veoneer, Inc.(NYSE:VNE.WI) operates independently of Autoliv, Inc. as of June 29, 2018.

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