EVgo (NASDAQ:EVGO) and NaaS Technology (NASDAQ:NAAS) Critical Analysis

EVgo (NASDAQ:EVGO – Get Free Report) and NaaS Technology (NASDAQ:NAAS – Get Free Report) are both small-cap consumer discretionary companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, risk, dividends and valuation.

Analyst Ratings

This is a summary of current ratings for EVgo and NaaS Technology, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EVgo 2 1 6 0 2.44
NaaS Technology 1 0 0 0 1.00

EVgo currently has a consensus price target of $2.93, indicating a potential upside of 171.16%. Given EVgo’s stronger consensus rating and higher possible upside, equities analysts plainly believe EVgo is more favorable than NaaS Technology.

Valuation and Earnings

This table compares EVgo and NaaS Technology”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
EVgo $402.95 million 0.84 -$41.57 million ($0.40) -2.70
NaaS Technology $17.89 million 4.01 -$62.77 million ($87.84) -0.03

EVgo has higher revenue and earnings than NaaS Technology. EVgo is trading at a lower price-to-earnings ratio than NaaS Technology, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

17.4% of EVgo shares are held by institutional investors. Comparatively, 1.8% of NaaS Technology shares are held by institutional investors. 0.1% of EVgo shares are held by insiders. Comparatively, 18.0% of NaaS Technology shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares EVgo and NaaS Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EVgo -13.50% N/A -5.75%
NaaS Technology N/A N/A N/A

Risk and Volatility

EVgo has a beta of 2.87, meaning that its share price is 187% more volatile than the S&P 500. Comparatively, NaaS Technology has a beta of 0.66, meaning that its share price is 34% less volatile than the S&P 500.

Summary

EVgo beats NaaS Technology on 8 of the 12 factors compared between the two stocks.

About EVgo

(Get Free Report)

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

About NaaS Technology

(Get Free Report)

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. NaaS Technology Inc. is headquartered in Beijing, China.

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