Critical Review: Tingo Group (NASDAQ:TIO) & Simply Good Foods (NASDAQ:SMPL)

Simply Good Foods (NASDAQ:SMPLGet Free Report) and Tingo Group (NASDAQ:TIOGet Free Report) are both consumer staples companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability and risk.

Insider and Institutional Ownership

88.2% of Simply Good Foods shares are owned by institutional investors. Comparatively, 19.2% of Tingo Group shares are owned by institutional investors. 11.0% of Simply Good Foods shares are owned by insiders. Comparatively, 22.9% of Tingo Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Simply Good Foods and Tingo Group’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Simply Good Foods $1.24 billion 3.23 $133.57 million $1.32 30.43
Tingo Group $2.53 billion 0.06 -$47.07 million N/A N/A

Simply Good Foods has higher earnings, but lower revenue than Tingo Group.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Simply Good Foods and Tingo Group, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Simply Good Foods 0 1 7 0 2.88
Tingo Group 0 0 0 0 N/A

Simply Good Foods currently has a consensus target price of $42.20, suggesting a potential upside of 5.03%. Given Simply Good Foods’ higher possible upside, equities analysts plainly believe Simply Good Foods is more favorable than Tingo Group.

Profitability

This table compares Simply Good Foods and Tingo Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Simply Good Foods 10.75% 10.14% 7.35%
Tingo Group 10.99% 43.63% 16.04%

Volatility and Risk

Simply Good Foods has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500. Comparatively, Tingo Group has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500.

Summary

Tingo Group beats Simply Good Foods on 6 of the 11 factors compared between the two stocks.

About Simply Good Foods

(Get Free Report)

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.

About Tingo Group

(Get Free Report)

Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.

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