Head-To-Head Analysis: Nano Dimension (NASDAQ:NNDM) vs. SPX Technologies (NYSE:SPXC)

SPX Technologies (NYSE:SPXC) and Nano Dimension (NASDAQ:NNDM) are both industrials companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, risk, earnings and dividends.

Institutional & Insider Ownership

92.8% of SPX Technologies shares are held by institutional investors. Comparatively, 33.9% of Nano Dimension shares are held by institutional investors. 2.9% of SPX Technologies shares are held by insiders. Comparatively, 13.1% of Nano Dimension shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares SPX Technologies and Nano Dimension”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SPX Technologies	$2.27 billion	3.80	$244.00 million	$5.56	30.87
Nano Dimension	$102.44 million	2.98	-$293.30 million	($0.46)	-3.15

SPX Technologies has higher revenue and earnings than Nano Dimension. Nano Dimension is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for SPX Technologies and Nano Dimension, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SPX Technologies	0	2	10	1	2.92
Nano Dimension	1	0	0	0	1.00

SPX Technologies currently has a consensus price target of $247.45, suggesting a potential upside of 44.16%. Given SPX Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe SPX Technologies is more favorable than Nano Dimension.

Profitability

This table compares SPX Technologies and Nano Dimension’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SPX Technologies	11.27%	16.53%	10.03%
Nano Dimension	-135.18%	-24.92%	-21.49%

Volatility and Risk

SPX Technologies has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Nano Dimension has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500.

Summary

SPX Technologies beats Nano Dimension on 13 of the 14 factors compared between the two stocks.

About SPX Technologies

SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brands; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

About Nano Dimension

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts. It also provides additive electronics robotics and control systems, which includes surface-mount-technology, an electronics assembly equipment for electronic components on Hi-PEDs and PCBs, catering to various manufacturing and volume requirements; and ink delivery systems, which controls electronics, software, and ink delivery systems for digital printing. In addition, the company sells various materials that are developed in-house, including nanoparticle conductive and dielectric inks, polymer and composite resins, and ceramic and metal slurries, as well as offers software solutions for its products. The company was incorporated in 1960 and is headquartered in Ness Ziona, Israel.