Head-To-Head Contrast: Diginex (EQOS) and The Competition

Diginex (NASDAQ: EQOS) is one of 154 publicly-traded companies in the “Holding & other investment offices” industry, but how does it contrast to its peers? We will compare Diginex to similar companies based on the strength of its earnings, analyst recommendations, institutional ownership, dividends, risk, profitability and valuation.

Institutional & Insider Ownership

70.1% of Diginex shares are owned by institutional investors. Comparatively, 48.3% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 19.4% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Diginex and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Diginex N/A -$840,000.00 -63.36
Diginex Competitors $997.45 million -$65.52 million 4.49

Diginex’s peers have higher revenue, but lower earnings than Diginex. Diginex 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.

Risk & Volatility

Diginex has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500. Comparatively, Diginex’s peers have a beta of -0.04, meaning that their average share price is 104% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Diginex and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diginex 0 0 0 0 N/A
Diginex Competitors 79 155 126 4 2.15

As a group, “Holding & other investment offices” companies have a potential upside of 31.28%. Given Diginex’s peers higher possible upside, analysts plainly believe Diginex has less favorable growth aspects than its peers.

Profitability

This table compares Diginex and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Diginex N/A -16.86% -1.44%
Diginex Competitors -34.98% -49.54% -8.83%

Summary

Diginex beats its peers on 6 of the 10 factors compared.

About Diginex

Diginex Limited, a digital assets financial services company, focuses on the provision of cryptocurrency and digital assets ecosystem products and services in Hong Kong and internationally. It operates through Markets, Solutions, and Asset Management divisions. The Markets division is building virtual currency exchanges and digital securities exchanges to facilitate the trading of virtual currencies, stablecoins, and digital securities; and Kelvin, a cold storage custody solution for bitcoin and ethereum based digital assets, as well as Helios, a warm storage custody solution. This division also offers trading desk and an over-the-counter facilitation desk; and investment banking advice and services to institutional clients on utilizing distributed ledger technology to raise capital using digital securities. The company Solutions division provides Diginex Access, a trading and risk management platform for digital assets; Diginex Trust, a self-configurable blockchain-enabled data management platform that allows users to securely store, share, and track sensitive documents with internal and external stakeholders; and eMin, a blockchain-based platform for storing labor contract information, as well as developing Diginex Passport, a digital KYC solution. The Asset Management division intends to offer regulated digital asset fund offerings for institutional and professional investors. The company was founded in 2017 and is headquartered in Central, Hong Kong.

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