Eightco (ORBS) versus Its Rivals Head to Head Comparison
by Amy Steele · The Cerbat GemEightco (NASDAQ:ORBS – Get Free Report) is one of 343 public companies in the “Financial Services” industry, but how does it compare to its peers? We will compare Eightco to related businesses based on the strength of its institutional ownership, dividends, valuation, earnings, analyst recommendations, profitability and risk.
Profitability
This table compares Eightco and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Eightco | -1,260.96% | -78.14% | -74.31% |
| Eightco Competitors | -407.52% | -22.02% | -5.73% |
Institutional and Insider Ownership
12.9% of Eightco shares are held by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are held by institutional investors. 3.4% of Eightco shares are held by insiders. Comparatively, 22.1% of shares of all “Financial Services” companies are held 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.
Analyst Ratings
This is a summary of recent recommendations and price targets for Eightco and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eightco | 1 | 0 | 0 | 0 | 1.00 |
| Eightco Competitors | 1902 | 6736 | 11425 | 414 | 2.51 |
As a group, “Financial Services” companies have a potential upside of 2.16%. Given Eightco’s peers stronger consensus rating and higher possible upside, analysts clearly believe Eightco has less favorable growth aspects than its peers.
Valuation & Earnings
This table compares Eightco and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Eightco | $32.98 million | -$262.01 million | -4.10 |
| Eightco Competitors | $23.99 billion | $1.08 billion | 9.56 |
Eightco’s peers have higher revenue and earnings than Eightco. Eightco 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.
Risk and Volatility
Eightco has a beta of 2.13, suggesting that its share price is 113% more volatile than the S&P 500. Comparatively, Eightco’s peers have a beta of 2.27, suggesting that their average share price is 127% more volatile than the S&P 500.
Summary
Eightco peers beat Eightco on 13 of the 13 factors compared.
About Eightco
Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.