Critical Review: Greenland Technologies (GTEC) versus Its Rivals

Greenland Technologies (NASDAQ:GTEC) is one of 436 public companies in the “Machinery” industry, but how does it contrast to its peers? We will compare Greenland Technologies to similar businesses based on the strength of its earnings, dividends, analyst recommendations, valuation, risk, institutional ownership and profitability.

Profitability

This table compares Greenland Technologies and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenland Technologies	12.32%	17.02%	9.68%
Greenland Technologies Competitors	-1,035.50%	-36.21%	-0.24%

Volatility & Risk

Greenland Technologies has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500. Comparatively, Greenland Technologies’ peers have a beta of 5.12, meaning that their average share price is 412% more volatile than the S&P 500.

Valuation and Earnings

This table compares Greenland Technologies and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenland Technologies	$90.69 million	$4.93 million	0.85
Greenland Technologies Competitors	$4.62 billion	$362.62 million	6.34

Greenland Technologies’ peers have higher revenue and earnings than Greenland Technologies. Greenland Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and price targets for Greenland Technologies and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenland Technologies	1	0	0	0	1.00
Greenland Technologies Competitors	4215	14730	18259	809	2.41

As a group, “Machinery” companies have a potential upside of 30.96%. Given Greenland Technologies’ peers stronger consensus rating and higher probable upside, analysts plainly believe Greenland Technologies has less favorable growth aspects than its peers.

Institutional and Insider Ownership

10.9% of Greenland Technologies shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are owned by institutional investors. 36.9% of Greenland Technologies shares are owned by insiders. Comparatively, 14.1% of shares of all “Machinery” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Greenland Technologies peers beat Greenland Technologies on 9 of the 13 factors compared.

About Greenland Technologies

Greenland Technologies Holding Corporation (NASDAQ:GTEC) develops and manufactures electric industrial vehicles and drivetrain systems for material-handling and other heavy-equipment applications. The company’s products are designed for use in settings such as warehouses, distribution facilities, construction sites, industrial operations and other commercial environments. Through its HEVI brand, Greenland Technologies offers electric vehicles and equipment, including electric forklifts, loaders, excavators and other utility vehicles.