Financial Analysis: TruGolf (TRUG) versus Its Peers

Earnings and Valuation

This table compares TruGolf and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TruGolf	N/A	-$400,000.00	-1.15
TruGolf Competitors	$3.01 billion	$70.67 million	0.84

TruGolf’s rivals have higher revenue and earnings than TruGolf. TruGolf is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares TruGolf and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TruGolf	N/A	N/A	-22.06%
TruGolf Competitors	-70.07%	-166.17%	-27.11%

Volatility & Risk

TruGolf has a beta of -0.67, meaning that its stock price is 167% less volatile than the S&P 500. Comparatively, TruGolf’s rivals have a beta of 1.51, meaning that their average stock price is 51% more volatile than the S&P 500.

Institutional and Insider Ownership

3.2% of TruGolf shares are held by institutional investors. Comparatively, 49.9% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by institutional investors. 37.2% of TruGolf shares are held by company insiders. Comparatively, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

TruGolf rivals beat TruGolf on 5 of the 9 factors compared.

About TruGolf

TruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.