Omnitek Engineering (OTCMKTS:OMTK) versus PHINIA (NYSE:PHIN) Financial Survey

PHINIA (NYSE:PHINGet Free Report) and Omnitek Engineering (OTCMKTS:OMTKGet Free Report) are both auto/tires/trucks companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends.

Profitability

This table compares PHINIA and Omnitek Engineering’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PHINIA 3.10% 9.79% 4.42%
Omnitek Engineering -22.42% N/A -28.74%

Analyst Recommendations

This is a summary of recent ratings and price targets for PHINIA and Omnitek Engineering, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PHINIA 0 1 1 0 2.50
Omnitek Engineering 0 0 0 0 0.00

PHINIA currently has a consensus target price of $53.50, suggesting a potential upside of 4.41%. Given PHINIA’s stronger consensus rating and higher probable upside, equities analysts clearly believe PHINIA is more favorable than Omnitek Engineering.

Institutional & Insider Ownership

90.9% of PHINIA shares are held by institutional investors. 1.5% of PHINIA shares are held by insiders. Comparatively, 48.7% of Omnitek Engineering shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares PHINIA and Omnitek Engineering”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PHINIA $3.45 billion 0.62 $102.00 million $2.33 21.99
Omnitek Engineering $1.05 million N/A -$220,000.00 N/A N/A

PHINIA has higher revenue and earnings than Omnitek Engineering.

Risk and Volatility

PHINIA has a beta of 1.35, suggesting that its stock price is 35% more volatile than the S&P 500. Comparatively, Omnitek Engineering has a beta of -0.51, suggesting that its stock price is 151% less volatile than the S&P 500.

Summary

PHINIA beats Omnitek Engineering on 10 of the 11 factors compared between the two stocks.

About PHINIA

(Get Free Report)

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising associated software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and other new and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions. It servs original equipment manufacturers of passenger cars, trucks, vans, sport-utility vehicles, medium-duty and heavy-duty trucks, and buses, as well as other off-highway construction, marine, and agricultural and industrial applications. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.

About Omnitek Engineering

(Get Free Report)

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company's products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. It sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. The company was incorporated in 2001 and is headquartered in Vista, California.

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