Head to Head Comparison: FREYR Battery (FREY) & Its Rivals

FREYR Battery (NYSE: FREY) is one of 49 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it compare to its competitors? We will compare FREYR Battery to related companies based on the strength of its institutional ownership, profitability, dividends, valuation, analyst recommendations, earnings and risk.

Institutional & Insider Ownership

50.0% of FREYR Battery shares are owned by institutional investors. Comparatively, 51.5% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 14.6% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

FREYR Battery has a beta of -0.02, meaning that its stock price is 102% less volatile than the S&P 500. Comparatively, FREYR Battery’s competitors have a beta of -0.49, meaning that their average stock price is 149% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and price targets for FREYR Battery and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FREYR Battery 0 0 3 0 3.00
FREYR Battery Competitors 65 502 731 13 2.53

FREYR Battery currently has a consensus target price of $19.33, indicating a potential upside of 110.83%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 21.05%. Given FREYR Battery’s stronger consensus rating and higher possible upside, research analysts plainly believe FREYR Battery is more favorable than its competitors.

Profitability

This table compares FREYR Battery and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
FREYR Battery N/A -860.00% -14.80%
FREYR Battery Competitors -1.25% -11.96% -2.06%

Earnings & Valuation

This table compares FREYR Battery and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
FREYR Battery N/A -$7.58 million -15.28
FREYR Battery Competitors $661.88 million $10.11 million 2.36

FREYR Battery’s competitors have higher revenue and earnings than FREYR Battery. FREYR Battery 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.

Summary

FREYR Battery competitors beat FREYR Battery on 8 of the 13 factors compared.

FREYR Battery Company Profile

FREYR offers a clean Nordic solution to the rapidly growing global demand for high-density and cost-competitive battery cells for stationary energy storage (ESS), electric mobility, and marine applications.

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