American Battery Technology (NASDAQ:ABAT – Get Free Report) and Spruce Power (NYSE:SPRU – Get Free Report) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability.
Profitability
This table compares American Battery Technology and Spruce Power’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Battery Technology | -436.31% | -46.98% | -42.78% |
| Spruce Power | -23.23% | -18.82% | -2.86% |
Valuation & Earnings
This table compares American Battery Technology and Spruce Power”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| American Battery Technology | $4.29 million | 103.46 | -$46.76 million | ($0.40) | -8.43 |
| Spruce Power | $82.11 million | 0.76 | -$70.49 million | ($1.38) | -2.50 |
American Battery Technology has higher earnings, but lower revenue than Spruce Power. American Battery Technology is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a summary of recent ratings and price targets for American Battery Technology and Spruce Power, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Battery Technology | 1 | 0 | 0 | 0 | 1.00 |
| Spruce Power | 1 | 0 | 0 | 0 | 1.00 |
Risk & Volatility
American Battery Technology has a beta of -1.2, meaning that its share price is 220% less volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.
Insider & Institutional Ownership
9.9% of American Battery Technology shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 2.8% of American Battery Technology shares are held by company insiders. Comparatively, 12.7% of Spruce Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Spruce Power beats American Battery Technology on 8 of the 11 factors compared between the two stocks.
About American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
About Spruce Power
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.
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