Critical Comparison: Alpha Pro Tech (NYSE:APT) & LogicMark (NASDAQ:LGMK)

Alpha Pro Tech (NYSE:APT) and LogicMark (NASDAQ:LGMK) are both small-cap industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, dividends, risk, institutional ownership, profitability and valuation.

Analyst Ratings

This is a summary of current recommendations for Alpha Pro Tech and LogicMark, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alpha Pro Tech	0	0	0	0	N/A
LogicMark	0	0	0	0	N/A

Institutional and Insider Ownership

22.7% of Alpha Pro Tech shares are owned by institutional investors. Comparatively, 7.9% of LogicMark shares are owned by institutional investors. 13.6% of Alpha Pro Tech shares are owned by company insiders. Comparatively, 12.4% of LogicMark shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Alpha Pro Tech has a beta of -0.72, indicating that its stock price is 172% less volatile than the S&P 500. Comparatively, LogicMark has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500.

Profitability

This table compares Alpha Pro Tech and LogicMark’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alpha Pro Tech	6.92%	6.86%	6.23%
LogicMark	-148.63%	-86.78%	-69.24%

Earnings and Valuation

This table compares Alpha Pro Tech and LogicMark’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alpha Pro Tech	$61.09 million	1.14	$4.19 million	$0.36	16.56
LogicMark	$9.74 million	0.04	-$14.55 million	($10.71)	-0.02

Alpha Pro Tech has higher revenue and earnings than LogicMark. LogicMark is trading at a lower price-to-earnings ratio than Alpha Pro Tech, indicating that it is currently the more affordable of the two stocks.

Summary

Alpha Pro Tech beats LogicMark on 10 of the 11 factors compared between the two stocks.

About Alpha Pro Tech

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, coveralls, frocks, lab coats, and gowns, hoods, as well as face masks and shields. The Building Supply segment offers construction weatherization products, such as housewrap and housewrap accessories, including window and door flashing, and seam tape, synthetic roof underlayment, and self-adhered roof underlayment, as well as other woven material. The company markets its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.

About LogicMark

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company's devices provide people with the ability to receive care at home and age independently and to check, manage, and monitor a loved one's health and safety remotely. It also manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through the United States Veterans Health Administration (VHA), direct-to-consumers, healthcare durable medical equipment dealers and distributors, monitored security dealers and distributors, and its ecommerce website logicmark.com and Amazon.com. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.