Critical Review: ScanTech AI Systems (STAI) versus Its Peers

ScanTech AI Systems (NASDAQ:STAI) is one of 55 publicly-traded companies in the “IT Services” industry, but how does it compare to its competitors? We will compare ScanTech AI Systems to related companies based on the strength of its valuation, institutional ownership, earnings, risk, dividends, profitability and analyst recommendations.

Earnings & Valuation

This table compares ScanTech AI Systems and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ScanTech AI Systems	$540,000.00	-$23.07 million	-1.00
ScanTech AI Systems Competitors	$24.00 billion	$365.78 million	45.41

ScanTech AI Systems’ competitors have higher revenue and earnings than ScanTech AI Systems. ScanTech AI Systems is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares ScanTech AI Systems and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ScanTech AI Systems	N/A	N/A	N/A
ScanTech AI Systems Competitors	-131.01%	-13.35%	-4.20%

Insider & Institutional Ownership

74.0% of ScanTech AI Systems shares are held by institutional investors. Comparatively, 62.6% of shares of all “IT Services” companies are held by institutional investors. 2.3% of ScanTech AI Systems shares are held by insiders. Comparatively, 11.1% of shares of all “IT Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Volatility & Risk

ScanTech AI Systems has a beta of -0.84, suggesting that its share price is 184% less volatile than the S&P 500. Comparatively, ScanTech AI Systems’ competitors have a beta of -8.40, suggesting that their average share price is 940% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for ScanTech AI Systems and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ScanTech AI Systems	1	0	0	0	1.00
ScanTech AI Systems Competitors	441	2608	5321	193	2.61

As a group, “IT Services” companies have a potential upside of 29.36%. Given ScanTech AI Systems’ competitors stronger consensus rating and higher possible upside, analysts clearly believe ScanTech AI Systems has less favorable growth aspects than its competitors.

Summary

ScanTech AI Systems competitors beat ScanTech AI Systems on 8 of the 13 factors compared.

About ScanTech AI Systems

Scantech AI Systems, Inc. engages in the innovation, emerging technology, and machine learning expertise. ScanTech specializes in developing advanced screening technology that provides the most accurate and fastest detection of prohibited materials. The company was founded on September 5, 2023 and is headquartered in Buford, GA.