Flex (NASDAQ:FLEX – Get Free Report) and American Battery Technology (NASDAQ:ABAT – Get Free Report) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.
Profitability
This table compares Flex and American Battery Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Flex | 3.15% | 22.12% | 5.53% |
| American Battery Technology | -390.48% | -63.85% | -59.33% |
Earnings & Valuation
This table compares Flex and American Battery Technology”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Flex | $27.91 billion | 1.89 | $880.00 million | $2.33 | 61.63 |
| American Battery Technology | $4.29 million | 108.75 | -$46.76 million | ($0.52) | -6.58 |
Flex has higher revenue and earnings than American Battery Technology. American Battery Technology is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
94.3% of Flex shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 0.6% of Flex shares are held by company insiders. Comparatively, 2.8% of American Battery Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Flex and American Battery Technology, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Flex | 0 | 3 | 9 | 0 | 2.75 |
| American Battery Technology | 1 | 0 | 0 | 1 | 2.50 |
Flex currently has a consensus price target of $112.80, suggesting a potential downside of 21.45%. American Battery Technology has a consensus price target of $6.00, suggesting a potential upside of 75.44%. Given American Battery Technology’s higher probable upside, analysts clearly believe American Battery Technology is more favorable than Flex.
Risk & Volatility
Flex has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, American Battery Technology has a beta of -0.04, meaning that its share price is 104% less volatile than the S&P 500.
Summary
Flex beats American Battery Technology on 11 of the 15 factors compared between the two stocks.
About Flex
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.
About American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
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