Critical Contrast: FG Nexus (FGNX) vs. Its Peers

FG Nexus (NASDAQ:FGNX) is one of 345 publicly-traded companies in the “Financial Services” industry, but how does it compare to its competitors? We will compare FG Nexus to similar businesses based on the strength of its earnings, analyst recommendations, institutional ownership, valuation, risk, dividends and profitability.

Institutional and Insider Ownership

3.1% of FG Nexus shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 4.1% of FG Nexus shares are owned by company insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk and Volatility

FG Nexus has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, FG Nexus’ competitors have a beta of 2.26, indicating that their average stock price is 126% more volatile than the S&P 500.

Profitability

This table compares FG Nexus and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
FG Nexus	-4,888.86%	-95.68%	-75.45%
FG Nexus Competitors	-405.59%	-21.92%	-5.67%

Valuation and Earnings

This table compares FG Nexus and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
FG Nexus	$2.41 million	-$66.74 million	-1.14
FG Nexus Competitors	$6.49 billion	$1.07 billion	10.30

FG Nexus’ competitors have higher revenue and earnings than FG Nexus. FG Nexus 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 Ratings

This is a summary of current ratings for FG Nexus and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FG Nexus	1	1	3	0	2.40
FG Nexus Competitors	1889	6802	11492	414	2.51

FG Nexus presently has a consensus price target of $35.00, suggesting a potential upside of 338.05%. As a group, “Financial Services” companies have a potential upside of 4.75%. Given FG Nexus’ higher possible upside, equities analysts plainly believe FG Nexus is more favorable than its competitors.

Summary

FG Nexus competitors beat FG Nexus on 11 of the 13 factors compared.

FG Nexus Company Profile

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.