Spruce Power (NYSE:SPRU – Get Free Report) and American Battery Technology (NASDAQ:ABAT – Get Free Report) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.
Profitability
This table compares Spruce Power and American Battery Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Spruce Power | -23.23% | -18.82% | -2.86% |
| American Battery Technology | -436.31% | -46.98% | -42.78% |
Insider & Institutional Ownership
20.8% of Spruce Power shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 12.7% of Spruce Power shares are held by insiders. Comparatively, 2.8% of American Battery Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Spruce Power | $82.11 million | 0.82 | -$70.49 million | ($1.38) | -2.68 |
| American Battery Technology | $4.29 million | 107.46 | -$46.76 million | ($0.40) | -8.75 |
American Battery Technology has lower revenue, but higher earnings than Spruce Power. American Battery Technology is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Spruce Power has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500. Comparatively, American Battery Technology has a beta of -1.2, meaning that its share price is 220% less volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current ratings for Spruce Power and American Battery Technology, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Spruce Power | 1 | 0 | 0 | 0 | 1.00 |
| American Battery Technology | 1 | 0 | 0 | 0 | 1.00 |
Summary
Spruce Power beats American Battery Technology on 8 of the 11 factors compared between the two stocks.
About Spruce Power
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.
About American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
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