Analyzing ChargePoint (CHPT) & Its Rivals

ChargePoint (NYSE:CHPT) is one of 71 publicly-traded companies in the “AUTO/TRUCK – ORIG” industry, but how does it contrast to its rivals? We will compare ChargePoint to similar businesses based on the strength of its profitability, dividends, risk, analyst recommendations, earnings, valuation and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for ChargePoint and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ChargePoint	2	7	1	1	2.09
ChargePoint Competitors	556	3135	4420	195	2.51

ChargePoint presently has a consensus price target of $1.39, suggesting a potential upside of 97.33%. As a group, “AUTO/TRUCK – ORIG” companies have a potential upside of 11.81%. Given ChargePoint’s higher possible upside, research analysts plainly believe ChargePoint is more favorable than its rivals.

Valuation & Earnings

This table compares ChargePoint and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ChargePoint	$417.08 million	-$277.07 million	-1.18
ChargePoint Competitors	$6.66 billion	$183.38 million	11.39

ChargePoint’s rivals have higher revenue and earnings than ChargePoint. ChargePoint 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 ChargePoint and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ChargePoint	-65.79%	-131.65%	-23.35%
ChargePoint Competitors	-1,305.32%	-136.76%	-5.83%

Volatility and Risk

ChargePoint has a beta of 2.23, meaning that its stock price is 123% more volatile than the S&P 500. Comparatively, ChargePoint’s rivals have a beta of 3.11, meaning that their average stock price is 211% more volatile than the S&P 500.

Institutional & Insider Ownership

37.8% of ChargePoint shares are held by institutional investors. Comparatively, 65.0% of shares of all “AUTO/TRUCK – ORIG” companies are held by institutional investors. 3.5% of ChargePoint shares are held by insiders. Comparatively, 8.1% of shares of all “AUTO/TRUCK – ORIG” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

ChargePoint rivals beat ChargePoint on 9 of the 13 factors compared.

About ChargePoint

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.