Dragonfly Energy (DFLI) versus Its Rivals Financial Contrast

Dragonfly Energy (NASDAQ:DFLI) is one of 64 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it weigh in compared to its competitors? We will compare Dragonfly Energy to similar businesses based on the strength of its dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Analyst Recommendations

This is a summary of current ratings for Dragonfly Energy and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Dragonfly Energy	0	0	3	0	3.00
Dragonfly Energy Competitors	108	493	1077	54	2.62

Dragonfly Energy currently has a consensus target price of $8.67, indicating a potential upside of 395.24%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 23.18%. Given Dragonfly Energy’s stronger consensus rating and higher possible upside, analysts plainly believe Dragonfly Energy is more favorable than its competitors.

Risk and Volatility

Dragonfly Energy has a beta of -0.73, indicating that its stock price is 173% less volatile than the S&P 500. Comparatively, Dragonfly Energy’s competitors have a beta of -5.17, indicating that their average stock price is 617% less volatile than the S&P 500.

Earnings & Valuation

This table compares Dragonfly Energy and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Dragonfly Energy	$86.25 million	-$39.57 million	-2.87
Dragonfly Energy Competitors	$680.37 million	$8.57 million	3.82

Dragonfly Energy’s competitors have higher revenue and earnings than Dragonfly Energy. Dragonfly Energy 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 and Institutional Ownership

14.3% of Dragonfly Energy shares are owned by institutional investors. Comparatively, 40.9% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 37.9% of Dragonfly Energy shares are owned by insiders. Comparatively, 17.3% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by 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.

Profitability

This table compares Dragonfly Energy and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Dragonfly Energy	N/A	-216.49%	-50.09%
Dragonfly Energy Competitors	-978.53%	-11.01%	-10.65%

Summary

Dragonfly Energy competitors beat Dragonfly Energy on 7 of the 13 factors compared.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for recreational vehicles, marine vessels, off-grid installations, and other storage applications. The company also provides lithium power systems, including solar panels, chargers and inverters, system monitoring, alternator regulators, and accessories. It offers its products under the Dragonfly Energy, Battle Born, and Wakespeed brands. The company is headquartered in Reno, Nevada.