Clean Energy Technologies (NASDAQ:CETY – Get Free Report) is one of 20 public companies in the “Natural gas distribution” industry, but how does it compare to its competitors? We will compare Clean Energy Technologies to similar businesses based on the strength of its valuation, risk, analyst recommendations, dividends, profitability, earnings and institutional ownership.
Earnings and Valuation
This table compares Clean Energy Technologies and its competitors top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Clean Energy Technologies | $15.11 million | -$5.66 million | -10.43 |
Clean Energy Technologies Competitors | $10.49 billion | $1.09 billion | 37.98 |
Clean Energy Technologies’ competitors have higher revenue and earnings than Clean Energy Technologies. Clean Energy Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Clean Energy Technologies | 0 | 0 | 0 | 0 | N/A |
Clean Energy Technologies Competitors | 362 | 900 | 804 | 34 | 2.24 |
As a group, “Natural gas distribution” companies have a potential upside of 11.19%. Given Clean Energy Technologies’ competitors higher probable upside, analysts clearly believe Clean Energy Technologies has less favorable growth aspects than its competitors.
Profitability
This table compares Clean Energy Technologies and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Clean Energy Technologies | -37.45% | -98.48% | -50.41% |
Clean Energy Technologies Competitors | 11.57% | -8.39% | 1.93% |
Insider and Institutional Ownership
0.5% of Clean Energy Technologies shares are owned by institutional investors. Comparatively, 61.0% of shares of all “Natural gas distribution” companies are owned by institutional investors. 71.1% of Clean Energy Technologies shares are owned by company insiders. Comparatively, 15.0% of shares of all “Natural gas distribution” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Risk and Volatility
Clean Energy Technologies has a beta of 0.36, suggesting that its stock price is 64% less volatile than the S&P 500. Comparatively, Clean Energy Technologies’ competitors have a beta of 0.81, suggesting that their average stock price is 19% less volatile than the S&P 500.
Summary
Clean Energy Technologies competitors beat Clean Energy Technologies on 9 of the 10 factors compared.
Clean Energy Technologies Company Profile
Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. It also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.
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