Comparing NaaS Technology (NASDAQ:NAAS) and Chewy (NYSE:CHWY)

NaaS Technology (NASDAQ:NAAS) and Chewy (NYSE:CHWY) are both consumer discretionary companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.

Risk & Volatility

NaaS Technology has a beta of 0.77, suggesting that its stock price is 23% less volatile than the S&P 500. Comparatively, Chewy has a beta of 1.42, suggesting that its stock price is 42% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for NaaS Technology and Chewy, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NaaS Technology	1	0	0	0	1.00
Chewy	1	7	17	1	2.69

Chewy has a consensus target price of $30.64, suggesting a potential upside of 50.67%. Given Chewy’s stronger consensus rating and higher possible upside, analysts clearly believe Chewy is more favorable than NaaS Technology.

Institutional and Insider Ownership

1.8% of NaaS Technology shares are owned by institutional investors. Comparatively, 93.1% of Chewy shares are owned by institutional investors. 18.0% of NaaS Technology shares are owned by company insiders. Comparatively, 0.3% of Chewy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares NaaS Technology and Chewy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NaaS Technology	N/A	N/A	N/A
Chewy	2.09%	60.88%	7.83%

Valuation & Earnings

This table compares NaaS Technology and Chewy”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NaaS Technology	$104.00 million	0.53	-$62.77 million	($87.84)	-0.04
Chewy	$12.60 billion	0.66	$222.80 million	$0.66	30.81

Chewy has higher revenue and earnings than NaaS Technology. NaaS Technology is trading at a lower price-to-earnings ratio than Chewy, indicating that it is currently the more affordable of the two stocks.

Summary

Chewy beats NaaS Technology on 14 of the 15 factors compared between the two stocks.

About NaaS Technology

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. NaaS Technology Inc. is headquartered in Beijing, China.

About Chewy

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications. The company was founded in 2010 and is based in Plantation, Florida.