Learn more about whether Clean Energy Technologies Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. Read on to find out how (CETYD) grades on certain investment factors and determine whether it meets your investment needs.
Latest Clean Energy Technologies Inc Stock News
As of January 19, 2023, Clean Energy Technologies Inc had a $165.9 million market capitalization, putting it in the 38th percentile of companies in the Heavy Electrical Equipment industry.
Clean Energy Technologies Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Clean Energy Technologies Inc’s trailing 12-month revenue is $3.0 million with a -48.5% profit margin. Year-over-year quarterly sales growth most recently was %. There are not analysts providing consensus earnings estimates for the current fiscal year. Clean Energy Technologies Inc does not currently pay a dividend.
Our fundamental investment outlook for the Industrial Machinery & Equipment industry is neutral, reflecting our outlook for a gradual demand recovery in manufacturing and machinery usage in the U.S. and a gradual (and volatile) global recovery from Covid-19. In 2021, we expect a return to growth in the European economy, with most growth weighted towards the second half of the year. 2021 growth in China will likely be in the 8%-11% range, aided by government spending and strong export levels. There has been little enforcement of the Phase 1 trade deal between the U.S. and China signed in January of 2020, but we expect a new U.S. administration and recovery from the Covid-19 pandemic to shift focus back to trade in late 2021 or early 2022. Under new U.S. president Biden, we expect a change in foreign trade relations and think there will be more predictability in trade actions. According to the Federal Reserve, May 2021 industrial production expanded 0.8% to 99.9% vs. 99.0% in April (compared to the 2017 average). Manufacturing utilization was 75.6% in May, vs. 74.9% in April. For 2021, we expect average manufacturing utilization to remain volatile and below the 78.2% long-term average (1972-2019), reflecting supply shortages and supply chain delays. Total capacity utilization for the industrial sector increased slightly to 75.2% in May from 74.6% in April. We expect the 2021 rate to continue to exceed the all-time low of 66.7% in June 2009, but be shy of the historical average of 79.6%. Recent national PMI (Purchasing Managers’ Index) data indicates continuing economic expansion in the manufacturing sector. A score above 50 generally indicates expansion of the manufacturing economy over the next three to six months. The most recent reading was above this threshold. Demand levels are rising rapidly, which is actually putting stress on suppliers who are struggling to keep up with the rate of demand growth. Lead times are elongated, materials are in shortage, commodity prices are rising, and freight costs and logistics are creating headwinds.
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Grading Clean Energy Technologies Inc Stock
Before you choose to buy, sell or hold Clean Energy Technologies Inc stock, you’ll want to analyze how it has been graded. Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. To help individual investors decide whether or not to buy (CETYD) stock, AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way that is suitable for investors of all knowledge levels.
AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for each of five key investing factors: value, growth, momentum, earnings revisions and quality. Here, we’ll take a closer look at Clean Energy Technologies Inc’s stock grades for value, growth and quality.
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Clean Energy Technologies Inc Stock Value Grade
|Price/Free Cash Flow||na||24.3|
Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. To decide if Clean Energy Technologies Inc stock is a buy or sell, you’ll want to evaluate its fair market price or intrinsic value.
Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.
AAII’s A+ Investor Value Grade is derived from a stock’s value score. The value score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.
Stocks with a Value Score from 81-100 are considered deep value, those with a score between 61-80 are value and so on.
Clean Energy Technologies Inc has a Value Score of 0, which is Ultra Expensive.
Clean Energy Technologies Inc Stock Growth Grade
|Metric||Metric Score||CETYD||Sector Median|
|Sales Growth 5yr Ann’l||0||(8.7%)||5.9%|
|Sales Increases YoY Last 5 yrs||32||2 of 5||3 of 5|
|Cash from Operations Ann’l Positive Last 5 yrs||0||0 of 5||4 of 5|
The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.
In order to compute the Growth Score and assign it a letter grade, the percentile ranks for each of the three individual components‐consistency of annual sales growth, five‐year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.
The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered Very Weak, while those in the top 20% receive A grades, which are considered Very Strong.
Clean Energy Technologies Inc has a Growth Score of 24, which is Weak.
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Clean Energy Technologies Inc Stock Momentum Grade
|Relative Price Strength (Q1)||99||170.7%||1.7%|
|Relative Price Strength (Q2)||98||71.3%||(1.6%)|
|Relative Price Strength (Q3)||45||(5.3%)||(3.2%)|
|Relative Price Strength (Q4)||16||(25.5%)||0.8%|
|Relative Price Strength (weighted 4 qtr)||100||76.4%||2.4%|
Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.
Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.
Clean Energy Technologies Inc has a Momentum Score of 100, which is Very Strong.
Other Clean Energy Technologies Inc Stock Grades
In addition to Value, Momentum and Growth, A+ Investor also provides grades for Estimate Revisions and Quality.
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AAII’s expansive and robust screening tools like A+ Investor help investors make confident decisions.
The Earnings Estimate Revisions Grade takes into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too). AAII’s stock screen that follows the companies with the highest earnings estimate revisions (i.e., the best grades) has a 23.3% backtested annual return since inception, whereas an example screen following those with the worst revisions has a backtested annual return since inception of under 5%.
AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the Quality Grade is the percentile rank of the composite return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F—Score.
These 2 key factors, when combined with the above, provide a holistic view into a stock. Further, by joining A+ Investor you can see whether Clean Energy Technologies Inc’s stock passes any of our 60+ stock screens that have outperformed the market since their creation.
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Should I Buy Clean Energy Technologies Inc Stock?
Overall, Clean Energy Technologies Inc stock has a Value Grade of F, Growth Grade of D, Momentum Grade of A .
Whether or not you should buy Clean Energy Technologies Inc stock will ultimately depend on your individual goals, risk tolerance and allocation. AAII can help you figure these out and identify which investments align with what works best for you.
Lastly, it’s important to evaluate a stock by comparing it against others in the same industry. Review the table below to see how Clean Energy Technologies Inc stock stands up against its competitors. Click into any of the below tickers to see their stock grades for value, momentum, quality and EPS revisions.
Clean Energy Technologies Inc (CETYD) Competitors
Companies similar to Clean Energy Technologies Inc in the Heavy Electrical Equipment industry.
Clean Energy Technologies Inc Stock: Bottom Line
You can use the information about how Clean Energy Technologies Inc stock is graded to determine if you should invest in this specific company. However, you should decide whether Clean Energy Technologies Inc stock is a buy, sell or hold based on a combination of grades, metrics, ratios and U.S. Securities and Exchange Commission (SEC) reports.
We encourage investors to do their own due diligence and research through programs of education that teach you to invest for yourself. In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.
So, if you’re still on the fence about whether Clean Energy Technologies Inc stock is a buy, sell or hold, you can utilize our expansive and robust screening tools like A+ Investor to help make your decision.
A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs and understand your portfolio at a more detailed level.
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