Critical Review: Eightco (ORBS) versus Its Competitors

Eightco (NASDAQ:ORBS) is one of 341 public companies in the “Financial Services” industry, but how does it contrast to its rivals? We will compare Eightco to similar businesses based on the strength of its institutional ownership, earnings, analyst recommendations, valuation, dividends, profitability and risk.

Earnings and Valuation

This table compares Eightco and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$32.98 million	-$262.01 million	-3.61
Eightco Competitors	$6.32 billion	$1.09 billion	9.15

Eightco’s rivals have higher revenue and earnings than Eightco. Eightco is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Eightco and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eightco	-1,260.96%	-78.14%	-74.31%
Eightco Competitors	-412.95%	-40.67%	-5.97%

Volatility and Risk

Eightco has a beta of 2.06, suggesting that its stock price is 106% more volatile than the S&P 500. Comparatively, Eightco’s rivals have a beta of 2.51, suggesting that their average stock price is 151% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Eightco and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1974	6900	11646	443	2.50

As a group, “Financial Services” companies have a potential downside of 7.82%. Given Eightco’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Eightco has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

12.9% of Eightco shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by company insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Eightco rivals beat Eightco on 12 of the 12 factors compared.

About Eightco

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.