ZenaTech (NASDAQ:ZENA – Get Free Report) and Nano-X Imaging (NASDAQ:NNOX – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
Risk & Volatility
ZenaTech has a beta of 12.32, suggesting that its stock price is 1,132% more volatile than the S&P 500. Comparatively, Nano-X Imaging has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500.
Insider & Institutional Ownership
21.5% of Nano-X Imaging shares are held by institutional investors. 7.7% of Nano-X Imaging shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| ZenaTech | $1.96 million | 24.91 | -$3.27 million | ($0.39) | -5.56 |
| Nano-X Imaging | $11.28 million | 13.16 | -$53.52 million | ($1.32) | -1.72 |
ZenaTech has higher earnings, but lower revenue than Nano-X Imaging. ZenaTech is trading at a lower price-to-earnings ratio than Nano-X Imaging, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares ZenaTech and Nano-X Imaging’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| ZenaTech | N/A | N/A | N/A |
| Nano-X Imaging | -680.11% | -48.75% | -43.63% |
Analyst Recommendations
This is a breakdown of current recommendations for ZenaTech and Nano-X Imaging, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| ZenaTech | 1 | 0 | 1 | 0 | 2.00 |
| Nano-X Imaging | 1 | 0 | 1 | 3 | 3.20 |
ZenaTech presently has a consensus price target of $9.00, suggesting a potential upside of 314.75%. Nano-X Imaging has a consensus price target of $5.00, suggesting a potential upside of 120.26%. Given ZenaTech’s higher possible upside, analysts clearly believe ZenaTech is more favorable than Nano-X Imaging.
Summary
ZenaTech beats Nano-X Imaging on 8 of the 14 factors compared between the two stocks.
About ZenaTech
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety. ZenaTech, Inc. was formerly known as ZenaDrone, Inc. and changed its name to ZenaTech, Inc. on October 5, 2020. The company was incorporated in 2017 and is based in Toronto, Canada.
About Nano-X Imaging
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company is headquartered in Petach Tikva, Israel.
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