Comparing Agrify (AGFY) & Its Competitors

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Agrify	-463.83%	-189.00%	-73.13%
Agrify Competitors	-370.26%	-109.60%	-21.85%

Volatility and Risk

Agrify has a beta of 10.23, suggesting that its share price is 923% more volatile than the S&P 500. Comparatively, Agrify’s competitors have a beta of -13.72, suggesting that their average share price is 1,472% less volatile than the S&P 500.

Earnings and Valuation

This table compares Agrify and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Agrify	$9.68 million	-$41.75 million	-1.62
Agrify Competitors	$1.20 billion	$32.18 million	-11.50

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

Insider and Institutional Ownership

6.0% of Agrify shares are owned by institutional investors. Comparatively, 37.3% of shares of all “Technology Services” companies are owned by institutional investors. 2.2% of Agrify shares are owned by company insiders. Comparatively, 21.2% of shares of all “Technology Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Agrify competitors beat Agrify on 7 of the 9 factors compared.

Agrify Company Profile

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. The company also provides associated services comprising consulting, engineering, and construction. In addition, the company offers hydrocarbon, alcohol, solventless, post-processing, and lab equipment, as well as provides indoor farming solutions. In addition, it offers equipment and services in a contract and purchase order. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Troy, Michigan.