Amprius Technologies (NYSE:AMPX) and NeoVolta (NASDAQ:NEOV) Critical Review

Amprius Technologies (NYSE:AMPX) and NeoVolta (NASDAQ:NEOV) are both small-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, dividends, valuation, analyst recommendations, institutional ownership, risk and profitability.

Analyst Recommendations

This is a breakdown of current recommendations for Amprius Technologies and NeoVolta, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Amprius Technologies	0	0	6	1	3.14
NeoVolta	0	0	1	0	3.00

Amprius Technologies currently has a consensus price target of $9.50, suggesting a potential upside of 253.16%. NeoVolta has a consensus price target of $7.50, suggesting a potential upside of 117.39%. Given Amprius Technologies’ stronger consensus rating and higher possible upside, research analysts clearly believe Amprius Technologies is more favorable than NeoVolta.

Profitability

This table compares Amprius Technologies and NeoVolta’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Amprius Technologies	-245.92%	-71.39%	-40.04%
NeoVolta	-128.91%	-76.86%	-72.38%

Risk and Volatility

Amprius Technologies has a beta of 2.23, indicating that its share price is 123% more volatile than the S&P 500. Comparatively, NeoVolta has a beta of -0.97, indicating that its share price is 197% less volatile than the S&P 500.

Insider and Institutional Ownership

5.0% of Amprius Technologies shares are held by institutional investors. Comparatively, 5.1% of NeoVolta shares are held by institutional investors. 12.9% of Amprius Technologies shares are held by insiders. Comparatively, 15.2% of NeoVolta shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Amprius Technologies and NeoVolta”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Amprius Technologies	$32.52 million	9.76	-$36.78 million	($0.41)	-6.56
NeoVolta	$4.26 million	27.67	-$2.30 million	($0.12)	-28.75

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

Summary

Amprius Technologies beats NeoVolta on 9 of the 15 factors compared between the two stocks.

About Amprius Technologies

Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. The company was incorporated in 2008 and is headquartered in Fremont, California.

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.