Contrasting Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) & Spruce Power (NYSE:SPRU)

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) and Spruce Power (NYSE:SPRU) are both small-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Profitability

This table compares Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and Spruce Power’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	17.06%	31.06%	9.19%
Spruce Power	-76.20%	-10.61%	-2.61%

Institutional & Insider Ownership

1.6% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 9.6% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and Spruce Power”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	$802.62 billion	0.00	$183.81 million	$8.04	3.63
Spruce Power	$79.86 million	0.58	-$65.83 million	($3.29)	-0.77

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has higher revenue and earnings than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.2, meaning that its stock price is 20% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and Spruce Power, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	0	0	0	0	N/A
Spruce Power	0	0	0	0	N/A

Summary

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima beats Spruce Power on 7 of the 10 factors compared between the two stocks.

About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A..

About Spruce Power

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.