NeoVolta (NASDAQ:NEOV) versus OPAL Fuels (NASDAQ:OPAL) Financial Comparison

NeoVolta (NASDAQ:NEOV) and OPAL Fuels (NASDAQ:OPAL) are both small-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, risk, dividends, earnings and valuation.

Analyst Ratings

This is a breakdown of recent ratings and target prices for NeoVolta and OPAL Fuels, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NeoVolta	1	1	0	0	1.50
OPAL Fuels	3	2	0	0	1.40

OPAL Fuels has a consensus price target of $2.72, suggesting a potential upside of 6.12%. Given OPAL Fuels’ higher probable upside, analysts plainly believe OPAL Fuels is more favorable than NeoVolta.

Volatility & Risk

NeoVolta has a beta of -0.66, indicating that its stock price is 166% less volatile than the S&P 500. Comparatively, OPAL Fuels has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500.

Profitability

This table compares NeoVolta and OPAL Fuels’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NeoVolta	-54.71%	-284.92%	-127.18%
OPAL Fuels	1.98%	77.65%	0.75%

Valuation & Earnings

This table compares NeoVolta and OPAL Fuels”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NeoVolta	$8.43 million	15.66	-$5.03 million	($0.29)	-10.66
OPAL Fuels	$348.98 million	1.27	$14.75 million	$0.15	17.07

OPAL Fuels has higher revenue and earnings than NeoVolta. NeoVolta is trading at a lower price-to-earnings ratio than OPAL Fuels, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

5.1% of NeoVolta shares are held by institutional investors. Comparatively, 12.2% of OPAL Fuels shares are held by institutional investors. 4.0% of NeoVolta shares are held by insiders. Comparatively, 84.6% of OPAL Fuels shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

OPAL Fuels beats NeoVolta on 11 of the 13 factors compared between the two stocks.

About NeoVolta

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.

About OPAL Fuels

OPAL Fuels Inc., together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company engages in the generation and sale of renewable power to utilities. OPAL Fuels Inc. is based in White Plains, New York.