Charge Enterprises (NASDAQ:CRGE) & Airtel Africa (OTC:AAFRF) Critical Survey

Airtel Africa (OTC:AAFRF) and Charge Enterprises (NASDAQ:CRGE) are both communication services companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, earnings, dividends and risk.

Earnings and Valuation

This table compares Airtel Africa and Charge Enterprises”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Airtel Africa	N/A	N/A	N/A	N/A	N/A
Charge Enterprises	$641.37 million	0.07	-$30.35 million	($0.20)	-1.00

Airtel Africa has higher earnings, but lower revenue than Charge Enterprises.

Profitability

This table compares Airtel Africa and Charge Enterprises’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Airtel Africa	N/A	N/A	N/A
Charge Enterprises	-5.76%	-136.79%	-20.11%

Institutional & Insider Ownership

21.2% of Charge Enterprises shares are owned by institutional investors. 25.2% of Charge Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings and price targets for Airtel Africa and Charge Enterprises, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Airtel Africa	0	1	2	0	2.67
Charge Enterprises	0	0	0	0	0.00

Summary

Airtel Africa beats Charge Enterprises on 5 of the 8 factors compared between the two stocks.

About Airtel Africa

Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and infrastructure sharing services, as well as support services. In addition, it is involved in the investment activities. The company was incorporated in 2018 and is based in London, the United Kingdom. Airtel Africa Plc operates as a subsidiary of Airtel Africa Mauritius Limited.

About Charge Enterprises

Charge Enterprises Inc. operates as an electrical, broadband, and electric vehicle (EV) charging infrastructure company. The company provides clients with end-to-end project management services, including advising, designing, engineering, acquiring and installing equipment, monitoring, servicing, and maintenance. It operates in two segments, Infrastructure and Telecommunications. The Infrastructure segment offers broadband and wireless, electrical contracting, electric vehicle charging, and fleet services. The Telecommunications segment provides internet-protocol-based and time-division multiplexing access for transport of long-distance voice and data minutes; domestic switching and related peripheral equipment services, and carrier-grade routers and switches for internet and circuit-based services, as well as connection of voice calls and data services. The company was formerly known as TransWorld Holdings Inc and changed its name to Charge Enterprises, Inc. in January 2021. Charge Enterprises, Inc. was incorporated in 2003 and is based in New York, New York. On March 7, 2024, Charge Enterprises, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.