Nano Nuclear Energy (NASDAQ:NNE) and Spruce Power (NYSE:SPRU) Financial Comparison

Spruce Power (NYSE:SPRU) and Nano Nuclear Energy (NASDAQ:NNE) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, dividends, risk, analyst recommendations, institutional ownership, valuation and earnings.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Spruce Power and Nano Nuclear Energy, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Spruce Power	0	0	0	0	0.00
Nano Nuclear Energy	0	0	2	0	3.00

Nano Nuclear Energy has a consensus price target of $58.00, suggesting a potential upside of 153.05%. Given Nano Nuclear Energy’s stronger consensus rating and higher probable upside, analysts clearly believe Nano Nuclear Energy is more favorable than Spruce Power.

Insider and Institutional Ownership

20.8% of Spruce Power shares are owned by institutional investors. 9.6% of Spruce Power shares are owned by insiders. Comparatively, 32.8% of Nano Nuclear Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Spruce Power and Nano Nuclear Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spruce Power	-121.98%	-23.98%	-5.48%
Nano Nuclear Energy	N/A	-26.37%	-24.57%

Earnings & Valuation

This table compares Spruce Power and Nano Nuclear Energy”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spruce Power	$82.11 million	0.43	-$65.83 million	($3.78)	-0.52
Nano Nuclear Energy	N/A	N/A	-$10.15 million	($0.41)	-55.90

Nano Nuclear Energy has lower revenue, but higher earnings than Spruce Power. Nano Nuclear Energy is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.

Summary

Nano Nuclear Energy beats Spruce Power on 7 of the 12 factors compared between the two stocks.

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.

About Nano Nuclear Energy

NANO Nuclear Energy, Inc. is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.