Eightco (ORBS) and Its Competitors Financial Comparison

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

Profitability

This table compares Eightco and its competitors’ 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%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$25.12 million	-$262.01 million	-4.11
Eightco Competitors	$6.51 billion	$1.07 billion	10.35

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

Insider & Institutional 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

Eightco has a beta of 2.13, meaning that its share price is 113% more volatile than the S&P 500. Comparatively, Eightco’s competitors have a beta of 2.26, meaning that their average share price is 126% more volatile than the S&P 500.

Analyst Recommendations

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1896	6813	11510	414	2.51

As a group, “Financial Services” companies have a potential upside of 4.15%. Given Eightco’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Eightco has less favorable growth aspects than its competitors.

Summary

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

About Eightco

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.