Reviewing Tingo Group (NASDAQ:TIO) and BRP Group (NASDAQ:BRP)

Tingo Group (NASDAQ:TIOGet Rating) and BRP Group (NASDAQ:BRPGet Rating) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations.

Profitability

This table compares Tingo Group and BRP Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tingo Group 14.01% 28.62% 12.78%
BRP Group -7.37% 5.09% 1.76%

Institutional and Insider Ownership

6.4% of Tingo Group shares are held by institutional investors. Comparatively, 48.3% of BRP Group shares are held by institutional investors. 1.6% of Tingo Group shares are held by company insiders. Comparatively, 22.7% of BRP Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility & Risk

Tingo Group has a beta of 1.36, indicating that its share price is 36% more volatile than the S&P 500. Comparatively, BRP Group has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Tingo Group and BRP Group, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tingo Group 0 0 0 0 N/A
BRP Group 0 4 2 0 2.33

BRP Group has a consensus target price of $30.60, indicating a potential upside of 25.05%. Given BRP Group’s higher possible upside, analysts plainly believe BRP Group is more favorable than Tingo Group.

Earnings and Valuation

This table compares Tingo Group and BRP Group’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tingo Group $146.04 million 1.52 -$47.07 million N/A N/A
BRP Group $1.07 billion 2.68 -$41.77 million ($1.37) -17.86

BRP Group has higher revenue and earnings than Tingo Group.

Summary

BRP Group beats Tingo Group on 8 of the 11 factors compared between the two stocks.

About Tingo Group

(Get Rating)

Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.

About BRP Group

(Get Rating)

BRP Group, Inc. markets and sells insurance products and services in the United States. It operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement; and operates as a managing general agent of the Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in its communities. The Medicare segment provides consultation for government assistance programs and solutions, including Medicare and Medicare Advantage to seniors and Medicare-eligible individuals through a network of primarily independent contractor agents. The company was founded in 2011 and is headquartered in Tampa, Florida.

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