Financial Analysis: DevvStream (DEVS) & Its Rivals

DevvStream (NASDAQ:DEVS) is one of 89 public companies in the “UNCLASSIFIED” industry, but how does it compare to its peers? We will compare DevvStream to similar businesses based on the strength of its risk, valuation, profitability, dividends, analyst recommendations, earnings and institutional ownership.

Insider and Institutional Ownership

75.8% of DevvStream shares are owned by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 3.4% of DevvStream shares are owned by company insiders. Comparatively, 42.9% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

DevvStream has a beta of 0.56, indicating that its share price is 44% less volatile than the S&P 500. Comparatively, DevvStream’s peers have a beta of -0.09, indicating that their average share price is 109% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for DevvStream and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DevvStream	1	0	0	0	1.00
DevvStream Competitors	242	267	217	3	1.97

As a group, “UNCLASSIFIED” companies have a potential upside of 121.56%. Given DevvStream’s peers stronger consensus rating and higher probable upside, analysts plainly believe DevvStream has less favorable growth aspects than its peers.

Earnings and Valuation

This table compares DevvStream and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
DevvStream	$30,000.00	-$12.07 million	-0.55
DevvStream Competitors	$41.37 million	-$18.84 million	93.12

DevvStream’s peers have higher revenue, but lower earnings than DevvStream. DevvStream is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares DevvStream and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
DevvStream	N/A	N/A	N/A
DevvStream Competitors	0.86%	0.95%	0.80%

Summary

DevvStream peers beat DevvStream on 10 of the 13 factors compared.

About DevvStream

DevvStream Holdings Inc. is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc., formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.