Reviewing NaaS Technology (NAAS) & The Competition

NaaS Technology (NASDAQ:NAAS) is one of 285 public companies in the “Specialty Retail” industry, but how does it weigh in compared to its competitors? We will compare NaaS Technology to related companies based on the strength of its valuation, institutional ownership, analyst recommendations, earnings, dividends, risk and profitability.

Institutional & Insider Ownership

1.8% of NaaS Technology shares are held by institutional investors. Comparatively, 51.6% of shares of all “Specialty Retail” companies are held by institutional investors. 18.0% of NaaS Technology shares are held by company insiders. Comparatively, 20.5% of shares of all “Specialty Retail” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and target prices for NaaS Technology and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NaaS Technology	1	0	0	0	1.00
NaaS Technology Competitors	3663	15555	21588	586	2.46

As a group, “Specialty Retail” companies have a potential upside of 8.89%. Given NaaS Technology’s competitors stronger consensus rating and higher probable upside, analysts clearly believe NaaS Technology has less favorable growth aspects than its competitors.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
NaaS Technology	N/A	N/A	N/A
NaaS Technology Competitors	-3.67%	-13.85%	3.19%

Risk & Volatility

NaaS Technology has a beta of 0.53, meaning that its stock price is 47% less volatile than the S&P 500. Comparatively, NaaS Technology’s competitors have a beta of 1.91, meaning that their average stock price is 91% more volatile than the S&P 500.

Earnings and Valuation

This table compares NaaS Technology and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NaaS Technology	$17.89 million	-$62.77 million	-0.03
NaaS Technology Competitors	$7.07 billion	$386.47 million	31.97

NaaS Technology’s competitors have higher revenue and earnings than NaaS Technology. NaaS Technology 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

NaaS Technology competitors beat NaaS Technology on 11 of the 13 factors compared.

NaaS Technology Company Profile

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. NaaS Technology Inc. is headquartered in Beijing, China.