Financial Contrast: Eightco (ORBS) & Its Competitors

Eightco (NASDAQ:ORBS) is one of 345 public companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare Eightco to related businesses based on the strength of its analyst recommendations, profitability, dividends, risk, institutional ownership, earnings and valuation.

Earnings and Valuation

This table compares Eightco and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$32.98 million	-$262.01 million	-4.18
Eightco Competitors	$6.68 billion	$1.08 billion	10.49

Eightco’s peers have higher revenue and earnings than Eightco. Eightco 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.

Profitability

This table compares Eightco and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eightco	-1,260.96%	-78.14%	-74.31%
Eightco Competitors	-405.72%	-21.94%	-5.67%

Risk & Volatility

Eightco has a beta of 2.13, indicating that its share price is 113% more volatile than the S&P 500. Comparatively, Eightco’s peers have a beta of 2.19, indicating that their average share price is 119% more volatile than the S&P 500.

Institutional and Insider Ownership

12.9% of Eightco shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by company insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Eightco and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1894	6809	11510	414	2.51

As a group, “Financial Services” companies have a potential upside of 3.89%. Given Eightco’s peers stronger consensus rating and higher possible upside, analysts plainly believe Eightco has less favorable growth aspects than its peers.

Summary

Eightco peers beat Eightco on 13 of the 13 factors compared.

Eightco Company Profile

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.