Contrasting Bright Green (BGXX) and The Competition

Posted by on Jun 12th, 2023

Bright Green (NASDAQ:BGXX – Get Rating) is one of 55 public companies in the “Medicinals & botanicals” industry, but how does it contrast to its competitors? We will compare Bright Green to related companies based on the strength of its analyst recommendations, institutional ownership, risk, profitability, earnings, dividends and valuation.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Bright Green and its competitors, 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 216 568 823 48 2.42

As a group, “Medicinals & botanicals” companies have a potential upside of 102.08%. Given Bright Green’s competitors higher possible upside, analysts plainly believe Bright Green has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

8.5% of Bright Green shares are owned by institutional investors. Comparatively, 15.3% of shares of all “Medicinals & botanicals” companies are owned by institutional investors. 56.4% of Bright Green shares are owned by insiders. Comparatively, 19.9% of shares of all “Medicinals & botanicals” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Bright Green and its competitors’ 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 -122.04% -37.46% -11.30%

Valuation & Earnings

This table compares Bright Green and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Bright Green N/A -$27.66 million -4.66
Bright Green Competitors $303.44 million -$117.77 million -2.87

Bright Green’s competitors have higher revenue, but lower earnings than Bright Green. Bright Green 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.

Summary

Bright Green competitors beat Bright Green on 6 of the 9 factors compared.

Bright Green Company Profile

(Get Rating)

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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