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Head to Head Survey: SmartRent (NYSE:SMRT) Vs. IDEX Biometrics ASA (NASDAQ:IDBA)

Defense World ·  Sep 13, 2022 04:13

SmartRent (NYSE:SMRT – Get Rating) and IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership.

Risk and Volatility

SmartRent has a beta of 1.74, meaning that its share price is 74% more volatile than the S&P 500. Comparatively, IDEX Biometrics ASA has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500.

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Profitability

This table compares SmartRent and IDEX Biometrics ASA's net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SmartRent -67.95% -22.70% -17.05%
IDEX Biometrics ASA -1,000.63% -120.69% -107.61%

Earnings and Valuation

This table compares SmartRent and IDEX Biometrics ASA's top-line revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SmartRent $110.64 million 5.52 -$71.96 million -0.69 -4.48
IDEX Biometrics ASA $2.84 million 31.66 -$32.55 million ($3.59) -1.86

IDEX Biometrics ASA has lower revenue, but higher earnings than SmartRent. SmartRent is trading at a lower price-to-earnings ratio than IDEX Biometrics ASA, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent recommendations and price targets for SmartRent and IDEX Biometrics ASA, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SmartRent 0 1 8 0 2.89
IDEX Biometrics ASA 0 0 1 0 3.00

SmartRent currently has a consensus target price of 6.92, suggesting a potential upside of 123.84%. IDEX Biometrics ASA has a consensus target price of $36.00, suggesting a potential upside of 440.54%. Given IDEX Biometrics ASA's stronger consensus rating and higher probable upside, analysts plainly believe IDEX Biometrics ASA is more favorable than SmartRent.

Institutional & Insider Ownership

72.7% of SmartRent shares are held by institutional investors. Comparatively, 0.0% of IDEX Biometrics ASA shares are held by institutional investors. 12.0% of SmartRent shares are held by insiders. Comparatively, 1.8% of IDEX Biometrics ASA shares 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.

Summary

SmartRent beats IDEX Biometrics ASA on 9 of the 14 factors compared between the two stocks.

About SmartRent

(Get Rating)

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

About IDEX Biometrics ASA

(Get Rating)

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies. It primarily serves manufacturers of smart cards for financial payment applications and biometric payment card markets. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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