Reviewing Greenland Technologies (NASDAQ:GTEC) and Flex (NASDAQ:FLEX)

Greenland Technologies (NASDAQ:GTEC) and Flex (NASDAQ:FLEX) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, earnings, valuation, profitability and analyst recommendations.

Risk & Volatility

Greenland Technologies has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500. Comparatively, Flex has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500.

Earnings and Valuation

This table compares Greenland Technologies and Flex”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Greenland Technologies	$83.94 million	0.25	$14.07 million	$0.60	2.02
Flex	$25.81 billion	0.90	$838.00 million	$2.28	27.25

Flex has higher revenue and earnings than Greenland Technologies. Greenland Technologies is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Greenland Technologies and Flex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenland Technologies	9.43%	14.06%	6.83%
Flex	3.42%	20.25%	5.47%

Insider & Institutional Ownership

10.9% of Greenland Technologies shares are held by institutional investors. Comparatively, 94.3% of Flex shares are held by institutional investors. 47.2% of Greenland Technologies shares are held by insiders. Comparatively, 0.6% of Flex shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Greenland Technologies and Flex, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenland Technologies	1	0	0	0	1.00
Flex	0	1	8	0	2.89

Flex has a consensus target price of $59.71, indicating a potential downside of 3.90%. Given Flex’s stronger consensus rating and higher probable upside, analysts plainly believe Flex is more favorable than Greenland Technologies.

Summary

Flex beats Greenland Technologies on 10 of the 14 factors compared between the two stocks.

About Greenland Technologies

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions. Its products are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. Greenland Technologies Holding Corporation was and is headquartered in East Windsor, New Jersey.

About Flex

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.