Financial Survey: Plum Acquisition Corp. I (NASDAQ:PLMI) versus ARB IOT Group (NASDAQ:ARBB)

Plum Acquisition Corp. I (NASDAQ:PLMI) and ARB IOT Group (NASDAQ:ARBB) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, dividends, risk, earnings, analyst recommendations, valuation and institutional ownership.

Profitability

This table compares Plum Acquisition Corp. I and ARB IOT Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Plum Acquisition Corp. I	N/A	-17.83%	-0.07%
ARB IOT Group	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent recommendations for Plum Acquisition Corp. I and ARB IOT Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Plum Acquisition Corp. I	0	0	0	0	N/A
ARB IOT Group	0	0	1	0	3.00

ARB IOT Group has a consensus price target of $8.00, suggesting a potential upside of 640.74%. Given ARB IOT Group’s higher possible upside, analysts clearly believe ARB IOT Group is more favorable than Plum Acquisition Corp. I.

Valuation and Earnings

This table compares Plum Acquisition Corp. I and ARB IOT Group’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Plum Acquisition Corp. I	N/A	N/A	-$30,000.00	N/A	N/A
ARB IOT Group	$51.86 million	0.55	$5.53 million	N/A	N/A

ARB IOT Group has higher revenue and earnings than Plum Acquisition Corp. I.

Insider & Institutional Ownership

25.9% of Plum Acquisition Corp. I shares are owned by institutional investors. Comparatively, 14.8% of ARB IOT Group shares are owned by institutional investors. 71.9% of Plum Acquisition Corp. I shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

ARB IOT Group beats Plum Acquisition Corp. I on 6 of the 8 factors compared between the two stocks.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California. Plum Acquisition Corp. I operates as a subsidiary of Plum Partners, LLC.

About ARB IOT Group

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors. The company offers IoT smart agriculture solutions, such as designing the layout of the smart farm for the application and integration of IoT in farming and hydroponics, which includes the procurement of sensors and surveillance cameras, as well as other hardware for farm; designing of software to enable transfer of data from the smart farm to a cloud server, which can then be accessed remotely through smart devices; installing, testing, and commissioning of the hardware and software; and after-sales services comprising data analytics and periodic maintenance services. In addition, it provides IoT system development solutions, including procuring, supplying, and delivering industrial building systems for construction projects; and IoT gadget distribution solutions comprising supply chain and distribution of smart phones, accessories, and ICT and IoT products, as well as provides shipping tracking and status updates, customer care line, online chat support, digital marketing, pre-installation, and warranty services. The company was incorporated in 2022 and is based in Kuala Lumpur, Malaysia. ARB IOT Group Limited is a subsidiary of ARB Berhad.