Financial Analysis: POET Technologies (NASDAQ:POET) vs. Meta Materials (NASDAQ:MMAT)


Meta Materials (NASDAQ:MMAT – Get Rating) and POET Technologies (NASDAQ:POET – Get Rating) are both small-cap IT and technology companies, but which is the better company? We’ll compare the two companies based on institutional ownership strength, profitability, valuation, analyst recommendations, earnings, risk, and dividends.

Analyst Recommendations

This is a summary of the current ratings and target prices for Meta Materials and POET Technologies, as provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Meta-materials 0 0 1 0 3.00
Poet Technologies 0 0 2 0 3.00

POET Technologies has a consensus target price of $8.00, suggesting a potential upside of 124.72%. Given POET Technologies’ likely higher upside, analysts clearly believe that POET Technologies is more favorable than Meta Materials.

Institutional and Insider Ownership

21.1% of Meta Materials shares are held by institutional investors. 17.5% of Meta Materials shares are held by insiders of the company. Strong institutional ownership indicates that endowments, large fund managers, and hedge funds believe a stock is poised for long-term growth.

Valuation and benefits

This table compares the revenue, earnings per share (EPS), and valuation of Meta Materials and POET Technologies.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Meta-materials $4.08 million 86.33 -$91.00 million -0.30 -3.25
Poet Technologies $210,000.00 622.03 -$15.67 million ($0.49) -7.27

POET Technologies has lower revenues, but higher profits than Meta Materials. POET Technologies is trading at a lower price-to-earnings ratio than Meta Materials, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Meta Materials has a beta of 1.52, indicating its stock price is 52% more volatile than the S&P 500. In comparison, POET Technologies has a beta of 0.62, indicating its stock price is 38% less volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity and return on assets of Meta Materials and POET Technologies.

Net margins Return on equity return on assets
Meta-materials -877.43% -23.71% -18.50%
Poet Technologies N / A -77.74% -71.46%

Summary

Meta Materials beats POET Technologies on 8 of the 13 factors compared between the two stocks.

About Meta Materials

(Get a rating)

Meta Materials Inc. invents, designs, develops and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose meter; and metaSURFACE, which provides up to 40x improvement in signal-to-noise ratio for magnetic resonance imaging scans. The company also develops and produces nano-optical structures and color-changing foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents and the commercial branding, as well as engages in the research, development and manufacturing of intelligent materials. Its customers are OEM suppliers in a variety of industries, including aerospace, automotive, consumer electronics, communications, energy, ticket and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada.

About POET Technologies

(Get a rating)

POET Technologies Inc. designs, develops, manufactures and sells discrete and integrated optoelectronic solutions in Canada, the United States and Singapore. It offers integration solutions based on the POET optical interposer, a novel platform that enables the seamless integration of electronic and photonic devices into a single multi-chip module using advanced semiconductor fabrication techniques at the slice level and packaging methods. It also develops integrated photonic components. The company serves the data center, telecommunications, Internet of Things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices and virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.



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Sarah J. Greer