Head-To-Head Review: Fly-E Group (FLYE) and Its Competitors

Fly-E Group (NASDAQ:FLYE) is one of 26 publicly-traded companies in the “AUTO – DOMESTIC” industry, but how does it compare to its competitors? We will compare Fly-E Group to related companies based on the strength of its analyst recommendations, institutional ownership, earnings, dividends, valuation, risk and profitability.

Institutional & Insider Ownership

50.6% of shares of all “AUTO – DOMESTIC” companies are owned by institutional investors. 4.7% of Fly-E Group shares are owned by company insiders. Comparatively, 8.9% of shares of all “AUTO – DOMESTIC” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and price targets for Fly-E Group and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fly-E Group	1	0	0	0	1.00
Fly-E Group Competitors	1015	2486	2805	141	2.32

As a group, “AUTO – DOMESTIC” companies have a potential upside of 15.52%. Given Fly-E Group’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Fly-E Group has less favorable growth aspects than its competitors.

Volatility and Risk

Fly-E Group has a beta of -0.7, indicating that its share price is 170% less volatile than the S&P 500. Comparatively, Fly-E Group’s competitors have a beta of 1.02, indicating that their average share price is 2% more volatile than the S&P 500.

Valuation and Earnings

This table compares Fly-E Group and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fly-E Group	$19.06 million	N/A	-0.16
Fly-E Group Competitors	$23.72 billion	-$521.23 million	16.08

Fly-E Group’s competitors have higher revenue, but lower earnings than Fly-E Group. Fly-E Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Fly-E Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fly-E Group	N/A	N/A	N/A
Fly-E Group Competitors	-113.27%	-123.44%	-24.32%

Summary

Fly-E Group competitors beat Fly-E Group on 9 of the 12 factors compared.

About Fly-E Group

Fly-E Group, Inc. engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-motorcycles, e-tricycles, e-bikes, and e-scooters; and traditional bikes. The company also provides accessories and spare parts, including raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. It also operates retail stores; and offers repair, maintenance, bodywork, and other value added services. The company was founded in 2018 and is based in Flushing, New York.