Analyzing ChargePoint (CHPT) & Its Competitors

ChargePoint (NYSE:CHPT) is one of 71 public companies in the “AUTO/TRUCK – ORIG” industry, but how does it weigh in compared to its competitors? We will compare ChargePoint to similar companies based on the strength of its profitability, dividends, earnings, analyst recommendations, valuation, institutional ownership and risk.

Analyst Recommendations

This is a breakdown of current ratings and target prices for ChargePoint and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ChargePoint	2	8	1	1	2.08
ChargePoint Competitors	556	3126	4405	195	2.51

ChargePoint currently has a consensus target price of $1.39, suggesting a potential upside of 107.10%. As a group, “AUTO/TRUCK – ORIG” companies have a potential upside of 23.54%. Given ChargePoint’s higher probable upside, equities research analysts clearly believe ChargePoint is more favorable than its competitors.

Institutional and Insider Ownership

37.8% of ChargePoint shares are owned by institutional investors. Comparatively, 65.0% of shares of all “AUTO/TRUCK – ORIG” companies are owned by institutional investors. 3.5% of ChargePoint shares are owned by company insiders. Comparatively, 8.1% of shares of all “AUTO/TRUCK – ORIG” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

ChargePoint has a beta of 2.25, indicating that its stock price is 125% more volatile than the S&P 500. Comparatively, ChargePoint’s competitors have a beta of 3.22, indicating that their average stock price is 222% more volatile than the S&P 500.

Valuation & Earnings

This table compares ChargePoint and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ChargePoint	$417.08 million	-$277.07 million	-1.12
ChargePoint Competitors	$6.66 billion	$184.37 million	11.56

ChargePoint’s competitors have higher revenue and earnings than ChargePoint. ChargePoint 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
ChargePoint	-65.79%	-131.65%	-23.35%
ChargePoint Competitors	-1,305.32%	-136.76%	-5.83%

Summary

ChargePoint competitors beat ChargePoint on 9 of the 13 factors compared.

ChargePoint Company Profile

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.