American Battery Technology (NASDAQ:ABAT – Get Free Report) and Flex (NASDAQ:FLEX – Get Free Report) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, earnings, risk, analyst recommendations, dividends and valuation.
Institutional & Insider Ownership
9.9% of American Battery Technology shares are held by institutional investors. Comparatively, 94.3% of Flex shares are held by institutional investors. 2.8% of American Battery Technology shares are held by insiders. Comparatively, 0.6% of Flex shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Risk & Volatility
American Battery Technology has a beta of -0.04, indicating that its stock price is 104% less volatile than the S&P 500. Comparatively, Flex has a beta of 1.46, indicating that its stock price is 46% more volatile than the S&P 500.
Earnings & Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| American Battery Technology | $4.29 million | 94.87 | -$46.76 million | ($0.40) | -7.73 |
| Flex | $27.91 billion | 1.75 | $838.00 million | $2.23 | 59.65 |
Flex has higher revenue and earnings than American Battery Technology. American Battery Technology is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares American Battery Technology and Flex’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Battery Technology | -436.31% | -46.98% | -42.78% |
| Flex | 3.15% | 22.12% | 5.53% |
Analyst Ratings
This is a breakdown of recent ratings and target prices for American Battery Technology and Flex, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Battery Technology | 1 | 0 | 0 | 1 | 2.50 |
| Flex | 0 | 3 | 9 | 0 | 2.75 |
American Battery Technology presently has a consensus price target of $6.00, suggesting a potential upside of 94.17%. Flex has a consensus price target of $112.80, suggesting a potential downside of 15.20%. Given American Battery Technology’s higher possible upside, equities research analysts clearly believe American Battery Technology is more favorable than Flex.
Summary
Flex beats American Battery Technology on 11 of the 15 factors compared between the two stocks.
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.
About Flex
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.
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