Wetouch Technology (OTCMKTS:WETH – Get Rating) is one of 52 publicly-traded companies in the “Security brokers & dealers” industry, but how does it weigh in compared to its competitors? We will compare Wetouch Technology to related companies based on the strength of its risk, institutional ownership, dividends, valuation, profitability, analyst recommendations and earnings.
Earnings & Valuation
This table compares Wetouch Technology and its competitors revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Wetouch Technology | $40.79 million | $17.39 million | 1.94 |
Wetouch Technology Competitors | $7.16 billion | $1.51 billion | 14.39 |
Wetouch Technology’s competitors have higher revenue and earnings than Wetouch Technology. Wetouch Technology 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.
Institutional & Insider Ownership
72.7% of Wetouch Technology shares are owned by institutional investors. Comparatively, 56.8% of shares of all “Security brokers & dealers” companies are owned by institutional investors. 25.3% of Wetouch Technology shares are owned by company insiders. Comparatively, 25.8% of shares of all “Security brokers & dealers” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Wetouch Technology and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Wetouch Technology | 27.55% | N/A | N/A |
Wetouch Technology Competitors | 13.42% | 17.71% | 5.29% |
Volatility & Risk
Wetouch Technology has a beta of -0.94, indicating that its share price is 194% less volatile than the S&P 500. Comparatively, Wetouch Technology’s competitors have a beta of 1.61, indicating that their average share price is 61% more volatile than the S&P 500.
Analyst Ratings
This is a summary of recent ratings for Wetouch Technology and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Wetouch Technology | 0 | 0 | 0 | 0 | N/A |
Wetouch Technology Competitors | 546 | 2244 | 2257 | 73 | 2.36 |
As a group, “Security brokers & dealers” companies have a potential upside of 37.89%. Given Wetouch Technology’s competitors higher probable upside, analysts plainly believe Wetouch Technology has less favorable growth aspects than its competitors.
Summary
Wetouch Technology competitors beat Wetouch Technology on 8 of the 10 factors compared.
About Wetouch Technology (Get Rating)
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.
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