Contrasting Cronos Group (NASDAQ:CRON) & Paranovus Entertainment Technology (NASDAQ:PAVS)

Paranovus Entertainment Technology (NASDAQ:PAVS) and Cronos Group (NASDAQ:CRON) are both small-cap multi-sector conglomerates companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, dividends and risk.

Analyst Recommendations

This is a summary of current ratings for Paranovus Entertainment Technology and Cronos Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Paranovus Entertainment Technology	0	0	0	0	N/A
Cronos Group	1	0	0	0	1.00

Cronos Group has a consensus target price of $3.00, indicating a potential upside of 33.93%. Given Cronos Group’s higher possible upside, analysts plainly believe Cronos Group is more favorable than Paranovus Entertainment Technology.

Volatility and Risk

Paranovus Entertainment Technology has a beta of 0.17, meaning that its stock price is 83% less volatile than the S&P 500. Comparatively, Cronos Group has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.

Profitability

This table compares Paranovus Entertainment Technology and Cronos Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Paranovus Entertainment Technology	N/A	N/A	N/A
Cronos Group	-61.31%	-3.06%	-2.97%

Valuation & Earnings

This table compares Paranovus Entertainment Technology and Cronos Group’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Paranovus Entertainment Technology	$98.15 million	0.08	-$71.74 million	N/A	N/A
Cronos Group	$87.24 million	9.82	-$73.96 million	($0.15)	-14.93

Paranovus Entertainment Technology has higher revenue and earnings than Cronos Group.

Insider & Institutional Ownership

0.2% of Paranovus Entertainment Technology shares are owned by institutional investors. Comparatively, 8.7% of Cronos Group shares are owned by institutional investors. 15.6% of Paranovus Entertainment Technology shares are owned by insiders. Comparatively, 6.9% of Cronos Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Paranovus Entertainment Technology beats Cronos Group on 6 of the 10 factors compared between the two stocks.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.