Critical Review: Sky Quarry (SKYQ) vs. Its Competitors

Sky Quarry (NASDAQ:SKYQ) is one of 1,051 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its peers? We will compare Sky Quarry to related companies based on the strength of its institutional ownership, dividends, risk, earnings, analyst recommendations, profitability and valuation.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Sky Quarry and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sky Quarry	1	0	0	0	1.00
Sky Quarry Competitors	5984	27009	40886	2428	2.52

As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.77%. Given Sky Quarry’s peers stronger consensus rating and higher possible upside, analysts clearly believe Sky Quarry has less favorable growth aspects than its peers.

Institutional and Insider Ownership

30.7% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 5.1% of Sky Quarry shares are owned by company insiders. Comparatively, 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk & Volatility

Sky Quarry has a beta of 2.21, suggesting that its share price is 121% more volatile than the S&P 500. Comparatively, Sky Quarry’s peers have a beta of -3.76, suggesting that their average share price is 476% less volatile than the S&P 500.

Valuation and Earnings

This table compares Sky Quarry and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Sky Quarry	$12.49 million	-$12.20 million	-0.43
Sky Quarry Competitors	$10.89 billion	$5.51 billion	-1.09

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

Profitability

This table compares Sky Quarry and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sky Quarry	N/A	-232.60%	-59.42%
Sky Quarry Competitors	-456.99%	19.35%	6.42%

Summary

Sky Quarry peers beat Sky Quarry on 10 of the 13 factors compared.

About Sky Quarry

Sky Quarry, Inc. is an environmental solutions company focused on converting difficult-to-recycle hydrocarbon-based waste into useful industrial products. Its primary feedstock is waste asphalt shingles, which contain asphalt, aggregates and other materials that can otherwise be sent to landfills. The company is developing proprietary processing and recycling technologies designed to recover liquid asphalt and other petroleum-based products from these waste materials. The recovered products may be used in applications such as road paving, construction and industrial manufacturing, while the process is intended to reduce landfill waste and reliance on virgin raw materials.