Comparing Vision Marine Technologies (VMAR) and Its Rivals

Vision Marine Technologies (NASDAQ:VMAR) is one of 34 public companies in the “LEISURE&REC PRD” industry, but how does it weigh in compared to its competitors? We will compare Vision Marine Technologies to similar businesses based on the strength of its earnings, risk, dividends, analyst recommendations, institutional ownership, profitability and valuation.

Valuation and Earnings

This table compares Vision Marine Technologies and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Vision Marine Technologies	$2.79 million	-$10.33 million	-0.02
Vision Marine Technologies Competitors	$1.54 billion	-$20.22 million	-1.48

Vision Marine Technologies’ competitors have higher revenue, but lower earnings than Vision Marine Technologies. Vision Marine Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings for Vision Marine Technologies and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Vision Marine Technologies	0	0	1	0	3.00
Vision Marine Technologies Competitors	119	995	1894	58	2.62

Vision Marine Technologies presently has a consensus price target of $300.00, suggesting a potential upside of 3,726.53%. As a group, “LEISURE&REC PRD” companies have a potential upside of 17.40%. Given Vision Marine Technologies’ stronger consensus rating and higher possible upside, research analysts plainly believe Vision Marine Technologies is more favorable than its competitors.

Insider & Institutional Ownership

53.8% of Vision Marine Technologies shares are held by institutional investors. Comparatively, 54.2% of shares of all “LEISURE&REC PRD” companies are held by institutional investors. 40.4% of Vision Marine Technologies shares are held by insiders. Comparatively, 22.5% of shares of all “LEISURE&REC PRD” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Vision Marine Technologies and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Vision Marine Technologies	-616.85%	-122.86%	-68.71%
Vision Marine Technologies Competitors	-41.61%	-78.91%	-10.65%

Risk and Volatility

Vision Marine Technologies has a beta of 0.23, suggesting that its stock price is 77% less volatile than the S&P 500. Comparatively, Vision Marine Technologies’ competitors have a beta of 1.27, suggesting that their average stock price is 27% more volatile than the S&P 500.

Summary

Vision Marine Technologies competitors beat Vision Marine Technologies on 7 of the 13 factors compared.

About Vision Marine Technologies

Vision Marine Technologies Inc. designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats. The company also provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The company was formerly known as Riopel Marine Inc. and changed its name to Vision Marine Technologies Inc. in April 2020. Vision Marine Technologies Inc. was founded in 1995 and is headquartered in Boisbriand, Canada.