Head to Head Analysis: SpaceX (SPCX) versus Its Rivals

SpaceX (NASDAQ:SPCX) is one of 203 publicly-traded companies in the “Diversified Telecommunication Services” industry, but how does it weigh in compared to its competitors? We will compare SpaceX to similar businesses based on the strength of its dividends, analyst recommendations, risk, profitability, earnings, valuation and institutional ownership.

Profitability

This table compares SpaceX and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SpaceX	-8.61%	-3.24%	-1.72%
SpaceX Competitors	-10.21%	-215.06%	-3.42%

Insider & Institutional Ownership

32.8% of shares of all “Diversified Telecommunication Services” companies are owned by institutional investors. 18.3% of shares of all “Diversified Telecommunication Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations for SpaceX and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SpaceX	3	9	31	4	2.77
SpaceX Competitors	1762	5372	7771	385	2.44

SpaceX currently has a consensus price target of $243.60, indicating a potential upside of 74.40%. As a group, “Diversified Telecommunication Services” companies have a potential upside of 19.64%. Given SpaceX’s stronger consensus rating and higher probable upside, research analysts plainly believe SpaceX is more favorable than its competitors.

Valuation and Earnings

This table compares SpaceX and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
SpaceX	$18.67 billion	-$4.94 billion	537.23
SpaceX Competitors	$12.34 billion	$893.66 million	-168.88

SpaceX has higher revenue, but lower earnings than its competitors. SpaceX is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

SpaceX beats its competitors on 9 of the 12 factors compared.

About SpaceX

Space Exploration Technologies Corp., commonly known as SpaceX, is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles and spacecraft designed to reduce the cost of access to space and support commercial, government and scientific missions. SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.