Head-To-Head Analysis: Eightco (ORBS) and The Competition

Eightco (NASDAQ:ORBS) is one of 347 public companies in the “Financial Services” industry, but how does it weigh in compared to its competitors? We will compare Eightco to similar businesses based on the strength of its dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Analyst Recommendations

This is a summary of current ratings for Eightco and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1888	6767	11450	412	2.51

As a group, “Financial Services” companies have a potential upside of 5.62%. Given Eightco’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Eightco has less favorable growth aspects than its competitors.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Eightco	-1,260.96%	-78.14%	-74.31%
Eightco Competitors	-405.64%	-19.43%	-6.49%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$25.12 million	-$262.01 million	-3.88
Eightco Competitors	$6.32 billion	$1.06 billion	11.07

Eightco’s competitors have higher revenue and earnings than Eightco. Eightco 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.

Insider and Institutional Ownership

12.9% of Eightco shares are owned by institutional investors. Comparatively, 42.6% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by insiders. Comparatively, 21.6% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk and Volatility

Eightco has a beta of 2.09, indicating that its stock price is 109% more volatile than the S&P 500. Comparatively, Eightco’s competitors have a beta of 2.25, indicating that their average stock price is 125% more volatile than the S&P 500.

Summary

Eightco competitors beat Eightco on 13 of the 13 factors compared.

Eightco Company Profile

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.