Critical Survey: 374Water (SCWO) versus Its Peers

Risk & Volatility

374Water has a beta of -0.22, indicating that its stock price is 122% less volatile than the S&P 500. Comparatively, 374Water’s peers have a beta of 0.63, indicating that their average stock price is 37% less volatile than the S&P 500.

Insider & Institutional Ownership

12.2% of 374Water shares are owned by institutional investors. Comparatively, 57.0% of shares of all “Waste Removal Svcs” companies are owned by institutional investors. 20.3% of 374Water shares are owned by insiders. Comparatively, 12.8% of shares of all “Waste Removal Svcs” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares 374Water and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
374Water	-2,093.18%	-119.57%	-98.25%
374Water Competitors	-97.39%	-458.26%	-3.72%

Earnings & Valuation

This table compares 374Water and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
374Water	$440,000.00	-$12.43 million	-2.09
374Water Competitors	$3.35 billion	$263.08 million	28.77

374Water’s peers have higher revenue and earnings than 374Water. 374Water is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

374Water peers beat 374Water on 7 of the 9 factors compared.

About 374Water

374Water Inc. provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams. It serves Industrial, agricultural, defense, oil and gas, waste management, sanitation project, environmental remediation and compliance, and municipal markets. 374Water Inc. is based in Durham, North Carolina.