Comparing Fly-E Group (FLYE) and Its Competitors
by Doug Wharley · The Cerbat GemFly-E Group (NASDAQ:FLYE – Get Free Report) 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 similar businesses based on the strength of its analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends.
Earnings and Valuation
This table compares Fly-E Group and its rivals gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Fly-E Group | $19.06 million | N/A | -0.14 |
| Fly-E Group Competitors | $53.41 billion | $1.13 billion | 6.83 |
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 | -1,522.64% | -127.01% | -11.73% |
Analyst Ratings
This is a breakdown of recent recommendations for Fly-E Group and its rivals, as reported 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 | 2043 | 5039 | 6309 | 188 | 2.34 |
As a group, “Automobiles” companies have a potential upside of 67.85%. Given Fly-E Group’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Fly-E Group has less favorable growth aspects than its rivals.
Risk & Volatility
Fly-E Group has a beta of -0.61, meaning that its share price is 161% less volatile than the S&P 500. Comparatively, Fly-E Group’s rivals have a beta of 0.96, meaning that their average share price is 4% less volatile than the S&P 500.
Insider and 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
Fly-E Group rivals beat Fly-E Group on 9 of the 12 factors compared.
About Fly-E Group
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.