American Battery Technology (ABAT) versus Its Peers Head to Head Analysis

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

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	-1.60%	14.79%	3.92%

Earnings and 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	-1.01
American Battery Technology Competitors	$2.18 billion	$259.42 million	16.84

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.

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

Volatility and Risk

American Battery Technology has a beta of 2.17, suggesting that its stock 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 stock price is 12% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for American Battery Technology and its competitors, as reported by MarketBeat.

	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	1169	1557	17	2.45

American Battery Technology currently has a consensus target price of $6.00, suggesting a potential upside of 509.57%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 9.74%. Given American Battery Technology’s stronger consensus rating and higher possible upside, equities analysts clearly believe American Battery Technology is more favorable than its competitors.

Summary

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

About American Battery Technology

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.