Critical Review: DevvStream (DEVS) and Its Peers

DevvStream (NASDAQ:DEVS) is one of 89 publicly-traded companies in the “UNCLASSIFIED” industry, but how does it contrast to its competitors? We will compare DevvStream to related companies based on the strength of its earnings, dividends, institutional ownership, analyst recommendations, valuation, profitability and risk.

Valuation & Earnings

This table compares DevvStream and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
DevvStream	N/A	N/A	-0.64
DevvStream Competitors	$47.83 million	-$19.62 million	93.03

DevvStream’s competitors have higher revenue, but lower earnings than DevvStream. DevvStream 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.

Risk & Volatility

DevvStream has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500. Comparatively, DevvStream’s competitors have a beta of -0.08, suggesting that their average stock price is 108% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations for DevvStream and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DevvStream	1	0	0	0	1.00
DevvStream Competitors	206	262	217	3	2.02

As a group, “UNCLASSIFIED” companies have a potential upside of 87.18%. Given DevvStream’s competitors stronger consensus rating and higher possible upside, analysts clearly believe DevvStream has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

75.8% of DevvStream shares are owned by institutional investors. Comparatively, 51.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 3.4% of DevvStream shares are owned by insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
DevvStream	N/A	N/A	-140.26%
DevvStream Competitors	0.86%	0.95%	0.80%

Summary

DevvStream competitors beat DevvStream on 10 of the 12 factors compared.

About DevvStream

DevvStream Holdings Inc. is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc., formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.