Reviewing Greenwave Technology Solutions (NASDAQ:GWAV) and Safe and Green Development (NASDAQ:RENX)

Greenwave Technology Solutions (NASDAQ:GWAV – Get Free Report) and Safe and Green Development (NASDAQ:RENX – Get Free Report) are both small-cap industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, profitability and institutional ownership.

Profitability

This table compares Greenwave Technology Solutions and Safe and Green Development’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Greenwave Technology Solutions -27.67% -64.32% -30.24%
Safe and Green Development -169.20% -550.70% -54.41%

Analyst Recommendations

This is a breakdown of recent ratings for Greenwave Technology Solutions and Safe and Green Development, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Greenwave Technology Solutions 1 0 0 0 1.00
Safe and Green Development 1 1 0 0 1.50

Risk and Volatility

Greenwave Technology Solutions has a beta of 0.24, meaning that its stock price is 76% less volatile than the S&P 500. Comparatively, Safe and Green Development has a beta of 3.85, meaning that its stock price is 285% more volatile than the S&P 500.

Insider & Institutional Ownership

15.6% of Greenwave Technology Solutions shares are owned by institutional investors. Comparatively, 2.6% of Safe and Green Development shares are owned by institutional investors. 4.0% of Greenwave Technology Solutions shares are owned by company insiders. Comparatively, 16.9% of Safe and Green Development shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Greenwave Technology Solutions and Safe and Green Development”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Greenwave Technology Solutions $46.66 million 0.04 -$21.60 million ($21.77) -0.11
Safe and Green Development $8.22 million 0.52 -$15.96 million ($27.62) -0.04

Safe and Green Development has lower revenue, but higher earnings than Greenwave Technology Solutions. Greenwave Technology Solutions is trading at a lower price-to-earnings ratio than Safe and Green Development, indicating that it is currently the more affordable of the two stocks.

About Greenwave Technology Solutions

(Get Free Report)

Greenwave Technology Solutions, Inc., through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the purchasing and sale of processed and unprocessed scrap metals; and operation of automotive shredders. In addition, the company process nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extracts nonferrous precious metals comprising platinum, palladium, and rhodium. It serves large corporations, industrial manufacturers, retail customers, and government organizations. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.

About Safe and Green Development

(Get Free Report)

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single and multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida. Safe and Green Development Corporation is a subsidiary of Safe & Green Holdings Corp.

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