Reviewing FREYR Battery (FREY) & Its Competitors

FREYR Battery (NYSE: FREY) is one of 49 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it compare to its rivals? We will compare FREYR Battery to related businesses based on the strength of its risk, dividends, analyst recommendations, profitability, institutional ownership, valuation and earnings.

Insider and Institutional Ownership

50.0% of FREYR Battery shares are owned by institutional investors. Comparatively, 51.5% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 14.6% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned 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.

Volatility & Risk

FREYR Battery has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500. Comparatively, FREYR Battery’s rivals have a beta of -0.49, suggesting that their average stock price is 149% less volatile than the S&P 500.

Earnings and Valuation

This table compares FREYR Battery and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
FREYR Battery N/A -$7.58 million -16.22
FREYR Battery Competitors $662.26 million $10.11 million 2.19

FREYR Battery’s rivals have higher revenue and earnings than FREYR Battery. FREYR Battery 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 FREYR Battery and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
FREYR Battery N/A -860.00% -14.80%
FREYR Battery Competitors -1.07% -0.48% -1.83%

Analyst Ratings

This is a summary of current recommendations for FREYR Battery and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FREYR Battery 0 0 3 0 3.00
FREYR Battery Competitors 65 502 732 13 2.53

FREYR Battery currently has a consensus target price of $19.33, suggesting a potential upside of 98.70%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 15.07%. Given FREYR Battery’s stronger consensus rating and higher possible upside, equities analysts clearly believe FREYR Battery is more favorable than its rivals.

Summary

FREYR Battery rivals beat FREYR Battery on 8 of the 13 factors compared.

About FREYR Battery

FREYR offers a clean Nordic solution to the rapidly growing global demand for high-density and cost-competitive battery cells for stationary energy storage (ESS), electric mobility, and marine applications.

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