Solid Power (SLDP) & The Competition Head to Head Analysis

Solid Power (NASDAQ:SLDP) is one of 218 publicly-traded companies in the “Electrical Equipment” industry, but how does it weigh in compared to its rivals? We will compare Solid Power to related businesses based on the strength of its earnings, analyst recommendations, institutional ownership, risk, profitability, valuation and dividends.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Solid Power and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Solid Power	1	1	3	0	2.40
Solid Power Competitors	2313	5203	7261	440	2.38

Solid Power currently has a consensus price target of $6.92, indicating a potential upside of 294.11%. As a group, “Electrical Equipment” companies have a potential upside of 47.93%. Given Solid Power’s stronger consensus rating and higher probable upside, analysts plainly believe Solid Power is more favorable than its rivals.

Valuation & Earnings

This table compares Solid Power and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Solid Power	$21.75 million	-$93.41 million	-4.18
Solid Power Competitors	$2.38 billion	$148.66 million	20.46

Solid Power’s rivals have higher revenue and earnings than Solid Power. Solid Power is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Solid Power and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Solid Power	-485.47%	-18.38%	-17.29%
Solid Power Competitors	-372.58%	-44.74%	-7.08%

Risk and Volatility

Solid Power has a beta of 1.97, indicating that its share price is 97% more volatile than the S&P 500. Comparatively, Solid Power’s rivals have a beta of -20.13, indicating that their average share price is 2,113% less volatile than the S&P 500.

Institutional & Insider Ownership

33.7% of Solid Power shares are owned by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are owned by institutional investors. 5.7% of Solid Power shares are owned by insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Solid Power rivals beat Solid Power on 8 of the 13 factors compared.

Solid Power Company Profile

Solid Power, Inc. develops solid-state battery technology for electric vehicles and other applications. The company focuses on sulfide-based solid electrolytes and all-solid-state battery cells, which are designed to replace the liquid electrolyte used in conventional lithium-ion batteries. Solid Power’s activities include developing and testing battery materials and cells, as well as supporting automotive partners as they evaluate and manufacture the technology. Its business model emphasizes supplying solid electrolyte and licensing cell designs and production processes, rather than producing batteries at large scale for consumers.