Analyzing Eightco (ORBS) & The Competition

Eightco (NASDAQ:ORBS) is one of 347 public companies in the “Financial Services” industry, but how does it contrast to its rivals? We will compare Eightco to similar companies based on the strength of its risk, profitability, analyst recommendations, dividends, institutional ownership, earnings and valuation.

Risk & Volatility

Eightco has a beta of 2.09, meaning that its stock price is 109% more volatile than the S&P 500. Comparatively, Eightco’s rivals have a beta of 2.25, meaning that their average stock price is 125% more volatile than the S&P 500.

Earnings & Valuation

This table compares Eightco and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$32.98 million	-$262.01 million	-3.01
Eightco Competitors	$21.12 billion	$1.05 billion	9.94

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

Analyst Ratings

This is a summary of recent recommendations for Eightco and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1882	6751	11437	410	2.51

As a group, “Financial Services” companies have a potential upside of 4.60%. Given Eightco’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Eightco has less favorable growth aspects than its rivals.

Profitability

This table compares Eightco and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eightco	-1,260.96%	-78.14%	-74.31%
Eightco Competitors	-395.10%	-19.60%	-6.59%

Insider & Institutional Ownership

12.9% of Eightco shares are owned by institutional investors. Comparatively, 42.7% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by insiders. Comparatively, 21.6% of shares of all “Financial Services” companies are owned 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.

Summary

Eightco rivals beat Eightco on 13 of the 13 factors compared.

Eightco Company Profile

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.