Canna-Global Acquisition (NASDAQ:CNGL) & Agilysys (NASDAQ:AGYS) Critical Analysis

Canna-Global Acquisition (NASDAQ:CNGL) and Agilysys (NASDAQ:AGYS) are both business services companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Canna-Global Acquisition and Agilysys, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canna-Global Acquisition	0	0	0	0	N/A
Agilysys	0	0	3	0	3.00

Agilysys has a consensus price target of $103.33, suggesting a potential upside of 4.97%. Given Agilysys’ higher possible upside, analysts clearly believe Agilysys is more favorable than Canna-Global Acquisition.

Earnings & Valuation

This table compares Canna-Global Acquisition and Agilysys’ revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A
Agilysys	$237.46 million	11.38	$86.19 million	$3.16	31.15

Agilysys has higher revenue and earnings than Canna-Global Acquisition.

Institutional and Insider Ownership

19.6% of Canna-Global Acquisition shares are held by institutional investors. Comparatively, 88.0% of Agilysys shares are held by institutional investors. 72.1% of Canna-Global Acquisition shares are held by company insiders. Comparatively, 23.6% of Agilysys shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Canna-Global Acquisition and Agilysys’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canna-Global Acquisition	N/A	N/A	N/A
Agilysys	36.30%	15.52%	8.96%

Volatility & Risk

Canna-Global Acquisition has a beta of 0.02, suggesting that its share price is 98% less volatile than the S&P 500. Comparatively, Agilysys has a beta of 0.78, suggesting that its share price is 22% less volatile than the S&P 500.

Summary

Agilysys beats Canna-Global Acquisition on 8 of the 9 factors compared between the two stocks.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.

About Agilysys

Agilysys, Inc., together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers point of sale, property management systems, inventory and procurement, payments, activity scheduling, reservations management, and related solutions to enhance guest experience. The company also provides cloud applications, support, maintenance, and subscription services; and professional services. It offers its solutions for hotels, resorts and cruise lines, casinos, corporate food service management, restaurants, universities, stadiums, and healthcare applications. The company was formerly known as Pioneer-Standard Electronics, Inc. and changed its name to Agilysys, Inc. in 2003. Agilysys, Inc. was founded in 1932 and is headquartered in Alpharetta, Georgia.