Institutional and Insider Ownership
79.6% of Connectm Technology Solutions shares are owned by institutional investors. 34.0% of Connectm Technology Solutions shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares Connectm Technology Solutions and SolarMax Technology’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Connectm Technology Solutions | N/A | N/A | -41.21% |
SolarMax Technology | -107.57% | N/A | -47.62% |
Risk and Volatility
Connectm Technology Solutions has a beta of 0.31, indicating that its share price is 69% less volatile than the S&P 500. Comparatively, SolarMax Technology has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Connectm Technology Solutions | $19.42 million | 0.23 | -$14.94 million | N/A | N/A |
SolarMax Technology | $22.99 million | 2.37 | $440,000.00 | ($0.80) | -1.49 |
SolarMax Technology has higher revenue and earnings than Connectm Technology Solutions.
About Connectm Technology Solutions
Connectm Technology Solutions, Inc. is a technology company, which engages in the electrification economy by integrating electrified energy assets with an AI-driven technology solutions platform. It provides solutions for residential and light commercial buildings, and all-electric original equipment manufacturers (OEMs), with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling, and transportation to reduce dependence on fossil fuels, overall energy costs, and carbon footprint. The company was founded on March 22, 2019 and is headquartered in Marlborough, MA.
About SolarMax Technology
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential, commercial, and government customers. SolarMax Technology, Inc. was incorporated in 2008 and is headquartered in Riverside, California.
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