Head to Head Analysis: Hesai Group (HSAI) & The Competition

Hesai Group (NASDAQ:HSAI) is one of 376 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it weigh in compared to its rivals? We will compare Hesai Group to related businesses based on the strength of its earnings, analyst recommendations, institutional ownership, risk, profitability, valuation and dividends.

Risk and Volatility

Hesai Group has a beta of 1.47, indicating that its share price is 47% more volatile than the S&P 500. Comparatively, Hesai Group’s rivals have a beta of -0.24, indicating that their average share price is 124% less volatile than the S&P 500.

Institutional & Insider Ownership

48.5% of Hesai Group shares are owned by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Hesai Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hesai Group	8.90%	3.59%	2.86%
Hesai Group Competitors	-139.38%	-23.97%	-6.40%

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Hesai Group and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hesai Group	0	1	2	0	2.67
Hesai Group Competitors	2052	7633	10469	668	2.47

Hesai Group currently has a consensus price target of $23.50, indicating a potential upside of 64.34%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 34.80%. Given Hesai Group’s stronger consensus rating and higher probable upside, analysts plainly believe Hesai Group is more favorable than its rivals.

Valuation and Earnings

This table compares Hesai Group and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hesai Group	$432.94 million	$62.33 million	34.88
Hesai Group Competitors	$4.06 billion	$173.71 million	4.29

Hesai Group’s rivals have higher revenue and earnings than Hesai Group. Hesai Group is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

Hesai Group beats its rivals on 9 of the 13 factors compared.

About Hesai Group

Hesai Group is a lidar technology company founded in 2014 and headquartered in Shanghai, China. It designs, develops and manufactures lidar sensors and related solutions for automotive and robotics applications. The company’s products support advanced driver-assistance systems and autonomous driving, and are also used in applications such as mobile robotics. Hesai serves automakers and autonomous-driving developers, with customers and business activities in China and international markets. Hesai is led by co-founder and Chief Executive Officer David Li.