Financial Comparison: Hesai Group (HSAI) & Its Rivals

Hesai Group (NASDAQ:HSAI) is one of 377 public companies in the “Electronic Equipment, Instruments & Components” industry, but how does it weigh in compared to its peers? We will compare Hesai Group to similar businesses based on the strength of its valuation, dividends, risk, analyst recommendations, earnings, profitability and institutional ownership.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Hesai Group and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hesai Group	0	1	2	1	3.00
Hesai Group Competitors	2049	7610	10437	662	2.47

Hesai Group presently has a consensus price target of $23.50, indicating a potential upside of 83.02%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 42.56%. Given Hesai Group’s stronger consensus rating and higher possible upside, equities analysts clearly believe Hesai Group is more favorable than its peers.

Profitability

This table compares Hesai Group and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hesai Group	14.77%	5.52%	4.47%
Hesai Group Competitors	-160.23%	-30.21%	-6.88%

Valuation and Earnings

This table compares Hesai Group and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hesai Group	$432.94 million	$62.33 million	31.32
Hesai Group Competitors	$114.95 billion	$172.92 million	3.08

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

Risk & Volatility

Hesai Group has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, Hesai Group’s peers have a beta of -0.30, suggesting that their average share price is 130% less volatile than the S&P 500.

Institutional and Insider Ownership

48.5% of Hesai Group shares are held by institutional investors. Comparatively, 43.3% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Hesai Group beats its peers on 9 of the 13 factors compared.

Hesai Group Company Profile

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.