Critical Comparison: American Battery Technology (ABAT) & Its Peers

American Battery Technology (NASDAQ:ABATGet Free Report) is one of 29 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it compare to its competitors? We will compare American Battery Technology to related companies based on the strength of its analyst recommendations, institutional ownership, earnings, profitability, dividends, valuation and risk.

Insider & Institutional Ownership

9.9% of American Battery Technology shares are held by institutional investors. Comparatively, 59.0% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by institutional investors. 5.2% of American Battery Technology shares are held by company insiders. Comparatively, 6.3% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for American Battery Technology and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
American Battery Technology 0 0 1 0 3.00
American Battery Technology Competitors 254 1167 1556 17 2.45

American Battery Technology currently has a consensus price target of $6.00, indicating a potential upside of 503.93%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 6.44%. Given American Battery Technology’s stronger consensus rating and higher possible upside, research analysts plainly believe American Battery Technology is more favorable than its competitors.

Profitability

This table compares American Battery Technology and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
American Battery Technology N/A -61.72% -46.74%
American Battery Technology Competitors -1.52% 14.89% 3.96%

Earnings & Valuation

This table compares American Battery Technology and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
American Battery Technology $340,000.00 -$52.50 million -1.02
American Battery Technology Competitors $2.14 billion $259.42 million 27.70

American Battery Technology’s competitors have higher revenue and earnings than American Battery Technology. American Battery Technology 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.

Risk & Volatility

American Battery Technology has a beta of 2.17, suggesting that its share price is 117% more volatile than the S&P 500. Comparatively, American Battery Technology’s competitors have a beta of 1.12, suggesting that their average share price is 12% more volatile than the S&P 500.

Summary

American Battery Technology competitors beat American Battery Technology on 8 of the 13 factors compared.

About American Battery Technology

(Get Free Report)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.

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