Analyzing Nano Labs (NA) & Its Peers

Nano Labs (NASDAQ:NA) is one of 60 public companies in the “ELEC COMP – SEMIC” industry, but how does it weigh in compared to its competitors? We will compare Nano Labs to similar businesses based on the strength of its earnings, risk, analyst recommendations, dividends, institutional ownership, profitability and valuation.

Insider & Institutional Ownership

50.7% of Nano Labs shares are held by institutional investors. Comparatively, 59.7% of shares of all “ELEC COMP – SEMIC” companies are held by institutional investors. 11.2% of shares of all “ELEC COMP – SEMIC” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Nano Labs and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nano Labs	$5.65 million	-$15.75 million	-0.78
Nano Labs Competitors	$19.15 billion	$561.10 million	-6.54

Nano Labs’ competitors have higher revenue and earnings than Nano Labs. Nano Labs is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

Nano Labs has a beta of 3.13, suggesting that its stock price is 213% more volatile than the S&P 500. Comparatively, Nano Labs’ competitors have a beta of 1.71, suggesting that their average stock price is 71% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Nano Labs and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nano Labs	1	0	0	0	1.00
Nano Labs Competitors	745	2874	7600	294	2.65

As a group, “ELEC COMP – SEMIC” companies have a potential upside of 2.48%. Given Nano Labs’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Nano Labs has less favorable growth aspects than its competitors.

Profitability

This table compares Nano Labs and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nano Labs	N/A	N/A	N/A
Nano Labs Competitors	-617.32%	-108.23%	-3.45%

Summary

Nano Labs competitors beat Nano Labs on 8 of the 13 factors compared.

About Nano Labs

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, it engages in the research and development of software. Its customers include enterprises and individual buyers. The company was founded in 2019 and is headquartered in Hangzhou, the People's Republic of China.