Analyzing Jet.AI (NASDAQ:JTAI) and Fundamental Global (NASDAQ:FGF)

Fundamental Global (NASDAQ:FGF) and Jet.AI (NASDAQ:JTAI) are both small-cap multi-sector conglomerates companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, valuation and risk.

Profitability

This table compares Fundamental Global and Jet.AI’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fundamental Global	N/A	-30.02%	-14.24%
Jet.AI	-103.18%	-107.36%	-77.17%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Fundamental Global and Jet.AI, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fundamental Global	0	0	0	0	0.00
Jet.AI	1	0	1	0	2.00

Jet.AI has a consensus price target of $11.00, suggesting a potential upside of 7,734.76%. Given Jet.AI’s stronger consensus rating and higher possible upside, analysts plainly believe Jet.AI is more favorable than Fundamental Global.

Earnings and Valuation

This table compares Fundamental Global and Jet.AI”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fundamental Global	$13.26 million	0.17	-$1.15 million	($17.76)	-0.10
Jet.AI	$14.02 million	0.38	-$12.73 million	($3.36)	-0.04

Fundamental Global has higher earnings, but lower revenue than Jet.AI. Fundamental Global is trading at a lower price-to-earnings ratio than Jet.AI, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

3.1% of Fundamental Global shares are held by institutional investors. Comparatively, 5.5% of Jet.AI shares are held by institutional investors. 34.4% of Fundamental Global shares are held by insiders. Comparatively, 1.0% of Jet.AI shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Volatility and Risk

Fundamental Global has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500. Comparatively, Jet.AI has a beta of -0.18, indicating that its share price is 118% less volatile than the S&P 500.

Summary

Jet.AI beats Fundamental Global on 8 of the 14 factors compared between the two stocks.

About Fundamental Global

Fundamental Global Inc. engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc. and changed its name to FG Group Holdings Inc. in December 2022. Fundamental Global Inc. was founded in 1932 and is based in Mooresville, North Carolina.

About Jet.AI

Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits. In addition, the company offers Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380, which permits sale of private jet service by the seat instead of by whole aircraft. Further, it offers aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.