PHINIA (NYSE:PHIN) vs. Omnitek Engineering (OTCMKTS:OMTK) Financial Analysis

Omnitek Engineering (OTCMKTS:OMTK) and PHINIA (NYSE:PHIN) are both industrial products companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, risk, profitability and earnings.

Profitability

This table compares Omnitek Engineering and PHINIA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Omnitek Engineering	-22.42%	N/A	-28.74%
PHINIA	3.10%	9.79%	4.42%

Volatility & Risk

Omnitek Engineering has a beta of -0.51, indicating that its stock price is 151% less volatile than the S&P 500. Comparatively, PHINIA has a beta of 1.35, indicating that its stock price is 35% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices for Omnitek Engineering and PHINIA, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Omnitek Engineering	0	0	0	0	0.00
PHINIA	0	1	1	0	2.50

PHINIA has a consensus target price of $52.50, suggesting a potential upside of 5.23%. Given PHINIA’s stronger consensus rating and higher probable upside, analysts clearly believe PHINIA is more favorable than Omnitek Engineering.

Valuation & Earnings

This table compares Omnitek Engineering and PHINIA”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Omnitek Engineering	$1.05 million	0.45	-$220,000.00	N/A	N/A
PHINIA	$3.45 billion	0.61	$102.00 million	$2.33	21.41

PHINIA has higher revenue and earnings than Omnitek Engineering.

Insider & Institutional Ownership

90.9% of PHINIA shares are held by institutional investors. 48.7% of Omnitek Engineering shares are held by insiders. Comparatively, 1.5% of PHINIA shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

PHINIA beats Omnitek Engineering on 11 of the 12 factors compared between the two stocks.

About Omnitek Engineering

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company's products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. It sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. The company was incorporated in 2001 and is headquartered in Vista, California.

About PHINIA

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising associated software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and other new and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions. It servs original equipment manufacturers of passenger cars, trucks, vans, sport-utility vehicles, medium-duty and heavy-duty trucks, and buses, as well as other off-highway construction, marine, and agricultural and industrial applications. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.