Head-To-Head Contrast: Eightco (OCTO) vs. Its Peers

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	-21.43%	-91.96%	-19.64%
Eightco Competitors	-401.65%	-643.41%	-15.37%

Risk and Volatility

Eightco has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Eightco’s rivals have a beta of -15.10, meaning that their average share price is 1,610% less volatile than the S&P 500.

Insider and Institutional Ownership

12.9% of Eightco shares are held by institutional investors. Comparatively, 37.4% of shares of all “Technology Services” companies are held by institutional investors. 13.6% of Eightco shares are held by insiders. Comparatively, 19.7% of shares of all “Technology Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Eightco and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$43.87 million	$710,000.00	-1.12
Eightco Competitors	$1.28 billion	$24.78 million	-1.33

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

Summary

Eightco rivals beat Eightco on 5 of the 9 factors compared.

About Eightco

Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. It manufactures and sells custom packaging solutions for a various product; and provides and resells bitcoin mining equipment and co-location services. The company was formerly known as Cryptyde, Inc. and changed its name to Eightco Holdings Inc. in April 2023. Eightco Holdings Inc. was incorporated in 1966 and is headquartered in Easton, Pennsylvania.