Financial Analysis: EVgo (NASDAQ:EVGO) vs. Pinewood Technologies Group (OTCMKTS:PINWF)

EVgo (NASDAQ:EVGO) and Pinewood Technologies Group (OTCMKTS:PINWF) are both auto/tires/trucks companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Volatility and Risk

EVgo has a beta of 2.37, suggesting that its share price is 137% more volatile than the S&P 500. Comparatively, Pinewood Technologies Group has a beta of 1.05, suggesting that its share price is 5% more volatile than the S&P 500.

Earnings and Valuation

This table compares EVgo and Pinewood Technologies Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
EVgo	$256.83 million	5.59	-$44.33 million	($0.41)	-11.39
Pinewood Technologies Group	$30.47 million	N/A	$101.63 million	N/A	N/A

Pinewood Technologies Group has lower revenue, but higher earnings than EVgo.

Institutional and Insider Ownership

17.4% of EVgo shares are owned by institutional investors. 58.8% of EVgo shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares EVgo and Pinewood Technologies Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EVgo	-15.72%	N/A	-5.85%
Pinewood Technologies Group	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent ratings and price targets for EVgo and Pinewood Technologies Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EVgo	1	2	6	1	2.70
Pinewood Technologies Group	0	0	0	0	0.00

EVgo presently has a consensus price target of $5.82, suggesting a potential upside of 24.55%. Given EVgo’s stronger consensus rating and higher probable upside, equities research analysts plainly believe EVgo is more favorable than Pinewood Technologies Group.

Summary

EVgo beats Pinewood Technologies Group on 8 of the 11 factors compared between the two stocks.

About EVgo

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

About Pinewood Technologies Group

Pinnacle Renewable Energy Inc., together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power. It also owns and operates the Westview port facility at Prince Rupert for the storage, handling, and loading of third party wood pellets. The company was formerly known as Pinnacle Renewable Holdings Inc. and changed its name to Pinnacle Renewable Energy Inc. in December 2018. Pinnacle Renewable Energy Inc. was founded in 1989 and is headquartered in Richmond, Canada.