China BAK Battery, Inc. (CBAT) vs NeoVolta, Inc. (NEOV)

China BAK Battery, Inc. and NeoVolta, Inc. are both Electrical Equipment & Parts companies. NeoVolta, Inc. is the larger, with a market value of $141.6M against $123.2M — 1.1× the size. NeoVolta, Inc. grew revenue faster over the last twelve months: 324.7% against 50.5%. China BAK Battery, Inc. has the higher net margin (−7.43% vs −63.4%) and the lower return on invested capital (−139.1% vs −54.8%). Across the 18 metrics below, China BAK Battery, Inc. leads on 11 and NeoVolta, Inc. on 7.

Valuation

Metric CBAT NEOV Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 0.49 4.80 2.73
P/B 1.09 3.91 3.57
Price to free cash flow 3.12 n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales 0.24 4.20 2.75
Earnings yield (14.40%) (15.28%) (5.84%)
Free cash flow yield 32.02% (10.46%) 0.00%

Profitability

Metric CBAT NEOV Electrical Equipment & Parts median
Gross margin 6.38% 21.32% 25.38%
Operating margin (11.00%) (51.96%) 0.00%
Net margin (7.43%) (63.42%) 0.00%
Free cash flow margin 16.04% (50.25%) 0.00%
Return on equity (15.47%) (88.13%) 0.94%
Return on assets (4.26%) (73.05%) (1.50%)
Return on invested capital (139.05%) (54.84%) 0.00%

Growth

Metric CBAT NEOV Electrical Equipment & Parts median
Revenue growth (TTM) 50.51% 324.68% 9.28%
EPS growth (last fiscal year) (176.92%) (114.29%) —
Revenue growth, 5-year CAGR 29.95% 11.80% 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CBAT NEOV Electrical Equipment & Parts median
Debt to equity 0.08 0.00 0.08
Current ratio 0.65 8.10 2.18
Net debt to EBITDA 9.10 0.09 0.26

Dividend

Metric CBAT NEOV Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 — 0.00

Size

Metric CBAT NEOV Electrical Equipment & Parts median
Market cap 123.18m 141.64m 177.98m

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