The Coretec Group (OTCMKTS:CRTG – Get Free Report) and Flex (NASDAQ:FLEX – Get Free Report) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.
Profitability
This table compares The Coretec Group and Flex’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| The Coretec Group | N/A | N/A | N/A |
| Flex | 3.17% | 20.99% | 5.46% |
Institutional and Insider Ownership
94.3% of Flex shares are held by institutional investors. 63.1% of The Coretec Group shares are held by insiders. Comparatively, 0.6% of Flex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| The Coretec Group | 0 | 0 | 0 | 0 | 0.00 |
| Flex | 0 | 3 | 9 | 0 | 2.75 |
Flex has a consensus price target of $68.00, indicating a potential downside of 16.90%. Given Flex’s stronger consensus rating and higher probable upside, analysts clearly believe Flex is more favorable than The Coretec Group.
Earnings and Valuation
This table compares The Coretec Group and Flex”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| The Coretec Group | N/A | N/A | -$2.31 million | N/A | N/A |
| Flex | $25.81 billion | 1.17 | $838.00 million | $2.23 | 36.70 |
Flex has higher revenue and earnings than The Coretec Group.
Volatility and Risk
The Coretec Group has a beta of -0.84, suggesting that its share price is 184% less volatile than the S&P 500. Comparatively, Flex has a beta of 1.22, suggesting that its share price is 22% more volatile than the S&P 500.
Summary
Flex beats The Coretec Group on 10 of the 11 factors compared between the two stocks.
About The Coretec Group
The Coretec Group Inc. engages in the development of silicon anode active materials for lithium-ion batteries and cyclohexasilane for electric vehicles, cleantech, and tech applications. The company was founded in 2002 and is headquartered in Ann Arbor, Michigan.
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.
Receive News & Ratings for The Coretec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Coretec Group and related companies with MarketBeat.com's FREE daily email newsletter.
