Critical Review: Bolt Projects (BSLK) & The Competition

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Bolt Projects	-375.64%	N/A	-95.24%
Bolt Projects Competitors	-6.08%	-214.24%	-2.85%

Volatility and Risk

Bolt Projects has a beta of 0.24, indicating that its stock price is 76% less volatile than the S&P 500. Comparatively, Bolt Projects’ peers have a beta of 0.66, indicating that their average stock price is 34% less volatile than the S&P 500.

Earnings and Valuation

This table compares Bolt Projects and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bolt Projects	$1.37 million	-$65.39 million	-1.48
Bolt Projects Competitors	$15.15 billion	$1.23 billion	8.98

Bolt Projects’ peers have higher revenue and earnings than Bolt Projects. Bolt Projects 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.

Institutional and Insider Ownership

5.5% of Bolt Projects shares are held by institutional investors. Comparatively, 64.9% of shares of all “CONS PD – MISC STPL” companies are held by institutional investors. 16.9% of Bolt Projects shares are held by company insiders. Comparatively, 15.0% of shares of all “CONS PD – MISC STPL” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Bolt Projects peers beat Bolt Projects on 7 of the 9 factors compared.

About Bolt Projects

Bolt Projects Holdings, Inc. operates as a material solutions company. The company offers B-SILK PROTEIN, a biodegradable ingredient for the beauty and personal care industry. Its products also include MYLO, a mycelium-based leather material; and MICROSILK, a silk fiber. The company is based in San Francisco, California.