NaaS Technology (NASDAQ:NAAS – Get Free Report) and Advance Auto Parts (NYSE:AAP – Get Free Report) are both consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, dividends, earnings and analyst recommendations.
Risk and Volatility
NaaS Technology has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, Advance Auto Parts has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500.
Insider and Institutional Ownership
1.8% of NaaS Technology shares are held by institutional investors. Comparatively, 88.7% of Advance Auto Parts shares are held by institutional investors. 18.0% of NaaS Technology shares are held by insiders. Comparatively, 0.8% of Advance Auto Parts shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| NaaS Technology | N/A | N/A | N/A |
| Advance Auto Parts | 0.97% | 9.84% | 1.83% |
Valuation and Earnings
This table compares NaaS Technology and Advance Auto Parts”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NaaS Technology | $104.00 million | 0.53 | -$62.77 million | ($87.84) | -0.04 |
| Advance Auto Parts | $8.62 billion | 0.31 | $44.00 million | $1.37 | 32.65 |
Advance Auto Parts has higher revenue and earnings than NaaS Technology. NaaS Technology is trading at a lower price-to-earnings ratio than Advance Auto Parts, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of current ratings for NaaS Technology and Advance Auto Parts, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NaaS Technology | 1 | 0 | 0 | 0 | 1.00 |
| Advance Auto Parts | 1 | 18 | 2 | 0 | 2.05 |
Advance Auto Parts has a consensus target price of $50.19, indicating a potential upside of 12.20%. Given Advance Auto Parts’ stronger consensus rating and higher probable upside, analysts clearly believe Advance Auto Parts is more favorable than NaaS Technology.
Summary
Advance Auto Parts beats NaaS Technology on 12 of the 14 factors compared between the two stocks.
About NaaS Technology
NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. NaaS Technology Inc. is headquartered in Beijing, China.
About Advance Auto Parts
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives, and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing, including batteries, starters, and alternators; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts and Carquest names, as well as branches under the Worldpac name. The company has stores in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and independently owned Carquest branded stores in Mexico and various Caribbean Islands. Advance Auto Parts, Inc. was founded in 1929 and is based in Raleigh, North Carolina.
Receive News & Ratings for NaaS Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NaaS Technology and related companies with MarketBeat.com's FREE daily email newsletter.
