Australia and Britain plan to work together to ramp up the deployment of renewable energy technologies, such as green hydrogen and offshore wind, to support decarbonisation, the two countries' leaders said on Friday.
Clean Energy Technologies (NASDAQ:CETY – Get Free Report) is one of 21 publicly-traded companies in the “Natural gas distribution” industry, but how does it compare to its peers? We will compare Clean Energy Technologies to related businesses based on the strength of its dividends, analyst recommendations, profitability, earnings, institutional ownership, risk and valuation. Risk and Volatility Clean Energy Technologies has a beta of 0.28, indicating that its stock price is 72% less volatile than the S&P 500. Comparatively, Clean Energy Technologies’ peers have a beta of 0.83, indicating that their average stock price is 17% less volatile than the S&P 500. Institutional & Insider Ownership 0.5% of Clean Energy Technologies shares are held by institutional investors. Comparatively, 58.2% of shares of all “Natural gas distribution” companies are held by institutional investors. 71.1% of Clean Energy Technologies shares are held by insiders. Comparatively, 14.0% of shares of all “Natural gas distribution” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Valuation & Earnings This table compares Clean Energy Technologies and its peers revenue, earnings per share (EPS) and valuation. Gross Revenue Net Income Price/Earnings Ratio Clean Energy Technologies $15.11 million -$5.66 million -9.14 Clean Energy Technologies Competitors $9.94 billion $1.03 billion 19.89 Clean Energy Technologies’ peers have higher revenue and earnings than Clean Energy Technologies. Clean Energy Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry. Profitability This table compares Clean Energy Technologies and its peers’ net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Clean Energy Technologies -37.45% -98.48% -50.41% Clean Energy Technologies Competitors 9.18% -8.24% 1.64% Analyst Recommendations This is a summary of current ratings and target prices for Clean Energy Technologies and its peers, as reported by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Clean Energy Technologies 0 0 0 0 N/A Clean Energy Technologies Competitors 378 985 851 34 2.24 As a group, “Natural gas distribution” companies have a potential upside of 10.66%. Given Clean Energy Technologies’ peers higher possible upside, analysts clearly believe Clean Energy Technologies has less favorable growth aspects than its peers. Summary Clean Energy Technologies peers beat Clean Energy Technologies on 9 of the 10 factors compared. Clean Energy Technologies Company Profile (Get Free Report) Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. It also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.