Financial Survey: Evergy (NASDAQ:EVRG) vs. Power Assets (OTCMKTS:HGKGY)

Power Assets (OTCMKTS:HGKGY) and Evergy (NASDAQ:EVRG) are both large-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, risk, dividends and valuation.

Analyst Ratings

This is a summary of current ratings for Power Assets and Evergy, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Power Assets	0	0	0	0	0.00
Evergy	0	3	8	0	2.73

Evergy has a consensus price target of $90.60, indicating a potential upside of 9.85%. Given Evergy’s stronger consensus rating and higher possible upside, analysts plainly believe Evergy is more favorable than Power Assets.

Profitability

This table compares Power Assets and Evergy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Power Assets	N/A	N/A	N/A
Evergy	15.19%	9.20%	2.76%

Insider & Institutional Ownership

87.2% of Evergy shares are held by institutional investors. 1.0% of Power Assets shares are held by insiders. Comparatively, 1.5% of Evergy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Power Assets and Evergy”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Power Assets	$98.89 million	155.59	$800.08 million	N/A	N/A
Evergy	$5.96 billion	3.19	$855.60 million	$3.94	20.93

Evergy has higher revenue and earnings than Power Assets.

Volatility and Risk

Power Assets has a beta of 0.3, meaning that its share price is 70% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.54, meaning that its share price is 46% less volatile than the S&P 500.

Dividends

Power Assets pays an annual dividend of $0.48 per share and has a dividend yield of 6.6%. Evergy pays an annual dividend of $2.78 per share and has a dividend yield of 3.4%. Evergy pays out 70.6% of its earnings in the form of a dividend. Evergy has raised its dividend for 20 consecutive years.

Summary

Evergy beats Power Assets on 12 of the 15 factors compared between the two stocks.

About Power Assets

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services. It has a generation capacity of 879 MW renewable energy/energy from waste, 5,262 MW gas fired, and 3,567 MW coal/oil fired; and operates 114,900 km of gas/oil pipeline, as well as 388,200 km of power network serving 19,790,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.

About Evergy

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.