MagneGas (MNGA) versus The Competition Head-To-Head Review

MagneGas (NASDAQ: MNGA) is one of 20 publicly-traded companies in the “Special industry machinery, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare MagneGas to related businesses based on the strength of its risk, dividends, institutional ownership, analyst recommendations, earnings, valuation and profitability.

Volatility & Risk

MagneGas has a beta of -0.36, suggesting that its share price is 136% less volatile than the S&P 500. Comparatively, MagneGas’ competitors have a beta of 1.38, suggesting that their average share price is 38% more volatile than the S&P 500.

Insider and Institutional Ownership

40.5% of MagneGas shares are held by institutional investors. Comparatively, 60.2% of shares of all “Special industry machinery, not elsewhere classified” companies are held by institutional investors. 4.5% of MagneGas shares are held by insiders. Comparatively, 11.3% of shares of all “Special industry machinery, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares MagneGas and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
MagneGas -371.23% -277.02% -126.92%
MagneGas Competitors -12.13% 4.71% -0.70%

Valuation and Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
MagneGas $3.55 million -$17.46 million -0.02
MagneGas Competitors $2.33 billion $291.19 million -20.68

MagneGas’ competitors have higher revenue and earnings than MagneGas. MagneGas is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for MagneGas and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MagneGas 0 0 1 0 3.00
MagneGas Competitors 100 404 828 27 2.58

MagneGas presently has a consensus price target of $6.00, suggesting a potential upside of 650.00%. As a group, “Special industry machinery, not elsewhere classified” companies have a potential upside of 14.92%. Given MagneGas’ stronger consensus rating and higher probable upside, equities analysts plainly believe MagneGas is more favorable than its competitors.

Summary

MagneGas competitors beat MagneGas on 9 of the 13 factors compared.

About MagneGas

MagneGas Corporation, an alternative energy company, creates and produces hydrogen based alternative fuel through the gasification of liquid and liquid waste in the United States and internationally. The company produces gas bottled in cylinders and distributes to the metalworking market as an alternative to acetylene. It offers MagneGas2, a hydrogen based fuel for metal cutting; and MagneTote, a metal cutting torch system primarily used in the firefighting industry. It also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2. In addition, the company sells and licenses the plasma arc technology for the processing of liquid waste. The company was founded in 2007 and is headquartered in Clearwater, Florida.

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