Bright Green (NASDAQ:BGXX – Get Rating) is one of 58 public companies in the “Medicinals & botanicals” industry, but how does it compare to its rivals? We will compare Bright Green to similar companies based on the strength of its institutional ownership, dividends, risk, profitability, analyst recommendations, earnings and valuation.
Profitability
This table compares Bright Green and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Bright Green | N/A | -278.60% | -158.02% |
Bright Green Competitors | -10.47% | -72.68% | 21.90% |
Analyst Ratings
This is a breakdown of current ratings for Bright Green and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Bright Green | 0 | 0 | 0 | 0 | N/A |
Bright Green Competitors | 216 | 568 | 822 | 47 | 2.42 |
Institutional and Insider Ownership
8.5% of Bright Green shares are held by institutional investors. Comparatively, 14.8% of shares of all “Medicinals & botanicals” companies are held by institutional investors. 56.4% of Bright Green shares are held by company insiders. Comparatively, 22.7% of shares of all “Medicinals & botanicals” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Bright Green and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Bright Green | N/A | -$27.66 million | -4.85 |
Bright Green Competitors | $282.87 million | -$110.28 million | -1.70 |
Bright Green’s rivals have higher revenue, but lower earnings than Bright Green. Bright Green is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
Bright Green rivals beat Bright Green on 6 of the 9 factors compared.
Bright Green Company Profile
Bright Green Corporation focuses on the propagation, cultivation, and manufacturing of cannabis products. It intends to offer cannabis products, including cannabis flower, pre-rolls, concentrates, vape pens, capsules, tinctures, edibles, topicals, and other cannabis-related products The company was incorporated in 2019 and is based in Grants, New Mexico.
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