Latch (NASDAQ:LTCH) vs. Crown Proptech Acquisitions (NYSE:CPTK) Financial Analysis

Latch (NASDAQ:LTCHGet Rating) and Crown Proptech Acquisitions (NYSE:CPTKGet Rating) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, risk, profitability, earnings and analyst recommendations.

Profitability

This table compares Latch and Crown Proptech Acquisitions’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Latch -356.40% -38.26% -33.15%
Crown Proptech Acquisitions N/A -94.27% 2.42%

Analyst Recommendations

This is a breakdown of current ratings for Latch and Crown Proptech Acquisitions, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Latch 1 6 4 0 2.27
Crown Proptech Acquisitions 0 0 1 0 3.00

Latch currently has a consensus target price of $9.14, indicating a potential upside of 285.78%. Crown Proptech Acquisitions has a consensus target price of $13.00, indicating a potential upside of 32.05%. Given Latch’s higher probable upside, analysts plainly believe Latch is more favorable than Crown Proptech Acquisitions.

Institutional and Insider Ownership

54.3% of Latch shares are owned by institutional investors. Comparatively, 88.0% of Crown Proptech Acquisitions shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Latch and Crown Proptech Acquisitions’ gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Latch $41.36 million 8.23 -$166.32 million ($1.60) -1.48
Crown Proptech Acquisitions N/A N/A $6.69 million N/A N/A

Crown Proptech Acquisitions has lower revenue, but higher earnings than Latch.

Summary

Crown Proptech Acquisitions beats Latch on 5 of the 9 factors compared between the two stocks.

About Latch (Get Rating)

Latch, Inc. operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications. The company also offers hardware devices that include M, C, and R series door-mounted access control products; Latch Intercom, which integrates into the Latch core access systems and allows audio and video calls for remote unlocking; Latch Camera, a dome camera; Latch Hub, a connectivity solution that enables smart access, smart home, and sensor devices at various buildings; and Latch Leak Detector, a solution to enable leak prevention, detection, and resolution for building owners and residents. In addition, it provides NFC unlock on Android that allows the user to unlock their door without even opening their phone; Latch Visitor Express, a contactless visitor entry system; and LatchID, an identification system. The company is headquartered in New York, New York.

About Crown Proptech Acquisitions (Get Rating)

Crown PropTech Acquisitions focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.

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