Contrasting Fly-E Group (FLYE) and Its Competitors

Fly-E Group (NASDAQ:FLYE) is one of 119 publicly-traded companies in the “Automobiles” industry, but how does it compare to its rivals? We will compare Fly-E Group to related businesses based on the strength of its risk, dividends, earnings, institutional ownership, profitability, valuation and analyst recommendations.

Earnings & Valuation

This table compares Fly-E Group and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fly-E Group	$16.48 million	N/A	-0.28
Fly-E Group Competitors	$2,012.16 billion	$1.13 billion	7.07

Fly-E Group’s rivals have higher revenue and earnings than Fly-E Group. Fly-E Group 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 Fly-E Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fly-E Group	N/A	N/A	N/A
Fly-E Group Competitors	-1,522.33%	-123.39%	-11.65%

Risk and Volatility

Fly-E Group has a beta of -0.92, suggesting that its share price is 192% less volatile than the S&P 500. Comparatively, Fly-E Group’s rivals have a beta of 1.02, suggesting that their average share price is 2% more volatile than the S&P 500.

Insider & Institutional Ownership

39.1% of shares of all “Automobiles” companies are owned by institutional investors. 4.7% of Fly-E Group shares are owned by insiders. Comparatively, 13.9% of shares of all “Automobiles” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current recommendations for Fly-E Group and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fly-E Group	1	0	0	0	1.00
Fly-E Group Competitors	2134	5136	6396	192	2.34

As a group, “Automobiles” companies have a potential upside of 66.07%. Given Fly-E Group’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Fly-E Group has less favorable growth aspects than its rivals.

Summary

Fly-E Group rivals beat Fly-E Group on 9 of the 12 factors compared.

Fly-E Group Company Profile

Fly-E Group, Inc. engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-motorcycles, e-tricycles, e-bikes, and e-scooters; and traditional bikes. The company also provides accessories and spare parts, including raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. It also operates retail stores; and offers repair, maintenance, bodywork, and other value added services. The company was founded in 2018 and is based in Flushing, New York.