Financial Review: Hesai Group (NASDAQ:HSAI) & ChargePoint (NYSE:CHPT)

ChargePoint (NYSE:CHPTGet Free Report) and Hesai Group (NASDAQ:HSAIGet Free Report) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.

Risk & Volatility

ChargePoint has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Hesai Group has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for ChargePoint and Hesai Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ChargePoint 3 8 1 0 1.83
Hesai Group 0 1 5 2 3.13

ChargePoint presently has a consensus target price of $12.15, suggesting a potential upside of 85.50%. Hesai Group has a consensus target price of $30.80, suggesting a potential upside of 22.56%. Given ChargePoint’s higher possible upside, research analysts clearly believe ChargePoint is more favorable than Hesai Group.

Valuation & Earnings

This table compares ChargePoint and Hesai Group”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ChargePoint $417.08 million 0.37 -$277.07 million ($10.28) -0.64
Hesai Group $284.57 million 12.36 -$14.02 million $0.42 59.83

Hesai Group has lower revenue, but higher earnings than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Hesai Group, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares ChargePoint and Hesai Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ChargePoint -59.54% -209.46% -21.77%
Hesai Group 15.70% 8.04% 5.94%

Institutional and Insider Ownership

37.8% of ChargePoint shares are owned by institutional investors. Comparatively, 48.5% of Hesai Group shares are owned by institutional investors. 3.5% of ChargePoint shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Hesai Group beats ChargePoint on 11 of the 15 factors compared between the two stocks.

About ChargePoint

(Get Free Report)

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.

About Hesai Group

(Get Free Report)

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is based in Shanghai, China.

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