Analyzing NaaS Technology (NASDAQ:NAAS) and Academy Sports and Outdoors (NASDAQ:ASO)

NaaS Technology (NASDAQ:NAAS) and Academy Sports and Outdoors (NASDAQ:ASO) are both consumer discretionary companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, valuation, earnings, risk and dividends.

Analyst Recommendations

This is a summary of current ratings and price targets for NaaS Technology and Academy Sports and Outdoors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NaaS Technology	1	0	0	0	1.00
Academy Sports and Outdoors	0	9	7	1	2.53

Academy Sports and Outdoors has a consensus price target of $61.27, indicating a potential downside of 11.62%. Given Academy Sports and Outdoors’ stronger consensus rating and higher possible upside, analysts clearly believe Academy Sports and Outdoors is more favorable than NaaS Technology.

Profitability

This table compares NaaS Technology and Academy Sports and Outdoors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NaaS Technology	N/A	N/A	N/A
Academy Sports and Outdoors	6.39%	18.36%	7.29%

Valuation & Earnings

This table compares NaaS Technology and Academy Sports and Outdoors”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NaaS Technology	$17.89 million	2.20	-$62.77 million	($87.84)	-0.02
Academy Sports and Outdoors	$6.19 billion	0.69	$376.77 million	$6.00	11.55

Academy Sports and Outdoors has higher revenue and earnings than NaaS Technology. NaaS Technology is trading at a lower price-to-earnings ratio than Academy Sports and Outdoors, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

1.8% of NaaS Technology shares are owned by institutional investors. 18.0% of NaaS Technology shares are owned by insiders. Comparatively, 4.1% of Academy Sports and Outdoors shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

NaaS Technology has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500. Comparatively, Academy Sports and Outdoors has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.

Summary

Academy Sports and Outdoors beats NaaS Technology on 11 of the 14 factors compared between the two stocks.

About NaaS Technology

NaaS Technology Inc. is a China-based electric vehicle (EV) charging services and technology company. The company supports the development and operation of charging infrastructure and provides services intended to connect EV drivers, charging station operators and other participants in the EV ecosystem. Its offerings include charging station operation and management, charging-network connectivity, digital platforms and software, and related services for locating, accessing and paying for EV charging.

About Academy Sports and Outdoors

Academy Sports and Outdoors, Inc. is a sporting goods and outdoor recreation retailer that sells products through its stores and e-commerce platform. Its merchandise includes sports and fitness equipment, outdoor and camping gear, hunting and fishing supplies, apparel, footwear and recreation products. The company serves customers primarily in the southern and eastern United States through a network of retail locations. Its stores offer products for a range of sports and outdoor activities, as well as items for everyday use.