American Battery Technology (NASDAQ:ABAT – Get Free Report) is one of 29 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its peers? We will compare American Battery Technology to related companies based on the strength of its valuation, dividends, analyst recommendations, risk, earnings, institutional ownership and profitability.
Analyst Ratings
This is a breakdown of recent recommendations for American Battery Technology and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
American Battery Technology | 0 | 0 | 1 | 0 | 3.00 |
American Battery Technology Competitors | 253 | 1158 | 1543 | 17 | 2.45 |
American Battery Technology presently has a consensus price target of $6.00, indicating a potential upside of 500.00%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 6.01%. Given American Battery Technology’s stronger consensus rating and higher probable upside, research analysts clearly believe American Battery Technology is more favorable than its peers.
Insider & Institutional Ownership
Profitability
This table compares American Battery Technology and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
American Battery Technology | N/A | -61.72% | -46.74% |
American Battery Technology Competitors | 2.42% | 24.50% | 4.10% |
Valuation and Earnings
This table compares American Battery Technology and its peers top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
American Battery Technology | $343,500.00 | -$52.50 million | -1.03 |
American Battery Technology Competitors | $2.31 billion | $259.64 million | 21.92 |
American Battery Technology’s peers have higher revenue and earnings than American Battery Technology. American Battery Technology is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
American Battery Technology peers beat American Battery Technology on 9 of the 12 factors compared.
American Battery Technology Company Profile
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
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