Comparing Kopin (NASDAQ:KOPN) and Spruce Power (NYSE:SPRU)

Kopin (NASDAQ:KOPN) and Spruce Power (NYSE:SPRU) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Risk and Volatility

Kopin has a beta of 2.98, suggesting that its stock price is 198% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.73, suggesting that its stock price is 73% more volatile than the S&P 500.

Insider & Institutional Ownership

31.0% of Kopin shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 2.8% of Kopin shares are owned by company insiders. Comparatively, 12.7% of Spruce Power shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Kopin and Spruce Power’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kopin	-29.47%	-66.91%	-20.69%
Spruce Power	-78.82%	-35.22%	-5.68%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Kopin and Spruce Power, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kopin	1	0	4	0	2.60
Spruce Power	1	0	0	0	1.00

Kopin currently has a consensus target price of $3.63, suggesting a potential downside of 10.71%. Given Kopin’s stronger consensus rating and higher possible upside, analysts clearly believe Kopin is more favorable than Spruce Power.

Earnings & Valuation

This table compares Kopin and Spruce Power”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kopin	$46.96 million	14.08	-$43.88 million	($0.09)	-45.11
Spruce Power	$82.11 million	0.65	-$70.49 million	($4.21)	-0.71

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

Summary

Kopin beats Spruce Power on 9 of the 14 factors compared between the two stocks.

About Kopin

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products. The company’s products are used for soldier thermal weapon rifle sights, avionic fixed and rotary wing pilot helmets, armored vehicle targeting systems, and training and simulation headsets; industrial and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.

About Spruce Power

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.