Comparing ChargePoint (CHPT) & Its Rivals

ChargePoint (NYSE:CHPT) is one of 216 public companies in the “Electrical Equipment” industry, but how does it compare to its rivals? We will compare ChargePoint to similar companies based on the strength of its valuation, profitability, dividends, analyst recommendations, risk, institutional ownership and earnings.

Insider and Institutional Ownership

37.8% of ChargePoint shares are owned by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are owned by institutional investors. 4.2% of ChargePoint shares are owned by company insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares ChargePoint and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ChargePoint	$432.89 million	-$220.20 million	-1.65
ChargePoint Competitors	$2.49 billion	$149.93 million	21.32

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

	Net Margins	Return on Equity	Return on Assets
ChargePoint	-40.59%	-3,366.29%	-15.95%
ChargePoint Competitors	-380.97%	-43.71%	-7.31%

Risk & Volatility

ChargePoint has a beta of 1.61, meaning that its stock price is 61% more volatile than the S&P 500. Comparatively, ChargePoint’s rivals have a beta of -20.43, meaning that their average stock price is 2,143% less volatile than the S&P 500.

Analyst Recommendations

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ChargePoint	3	7	0	0	1.70
ChargePoint Competitors	2291	5172	7224	439	2.38

ChargePoint currently has a consensus price target of $7.07, suggesting a potential downside of 40.15%. As a group, “Electrical Equipment” companies have a potential upside of 47.48%. Given ChargePoint’s rivals stronger consensus rating and higher probable upside, analysts plainly believe ChargePoint has less favorable growth aspects than its rivals.

Summary

ChargePoint rivals beat ChargePoint on 10 of the 13 factors compared.

ChargePoint Company Profile

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.