Analyzing Erayak Power Solution Group (NASDAQ:RAYA) & Hoya (OTCMKTS:HOCPY)

Erayak Power Solution Group (NASDAQ:RAYA) and Hoya (OTCMKTS:HOCPY) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends.

Risk and Volatility

Erayak Power Solution Group has a beta of 0.09, meaning that its share price is 91% less volatile than the S&P 500. Comparatively, Hoya has a beta of 0.91, meaning that its share price is 9% less volatile than the S&P 500.

Earnings & Valuation

This table compares Erayak Power Solution Group and Hoya”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Erayak Power Solution Group	$30.30 million	3.33	-$1.12 million	N/A	N/A
Hoya	$5.69 billion	6.92	$1.33 billion	$3.81	30.11

Hoya has higher revenue and earnings than Erayak Power Solution Group.

Institutional & Insider Ownership

0.3% of Erayak Power Solution Group shares are owned by institutional investors. Comparatively, 0.1% of Hoya shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Erayak Power Solution Group and Hoya’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Erayak Power Solution Group	N/A	N/A	N/A
Hoya	23.22%	20.43%	16.17%

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Erayak Power Solution Group and Hoya, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Erayak Power Solution Group	0	0	0	0	0.00
Hoya	0	0	0	1	4.00

Summary

Hoya beats Erayak Power Solution Group on 9 of the 10 factors compared between the two stocks.

About Erayak Power Solution Group

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in China, France, Poland, Mexico, and the United Kingdom. The company was incorporated in 2019 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as a subsidiary of Erayak International Limited.

About Hoya

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics. It also operates Eyecity, a specialty retailer of contact lenses. In addition, the company provides information technology products, such as mask blanks and photomasks for manufacturing semiconductor chips; glass disks for hard disk drives; and imaging products that include optical glasses/optical lenses, colored glass filters, and laser equipment/UV light resources. Further, it engages in the research, development, manufacture, and sale of photomasks for manufacturing flat panel displays. Additionally, the company offers ReadSpeaker, a speech synthesis software; and cloud services comprising Kinnosuke, a time and attendance management service, as well as Yonosuke, an electronic payslip service. HOYA Corporation was founded in 1941 and is headquartered in Tokyo, Japan.