Reviewing CleanSpark (NASDAQ:CLSK) and AMTD Digital (NYSE:HKD)

AMTD Digital (NYSE:HKD) and CleanSpark (NASDAQ:CLSK) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Volatility and Risk

AMTD Digital has a beta of 2.44, suggesting that its share price is 144% more volatile than the S&P 500. Comparatively, CleanSpark has a beta of 4.21, suggesting that its share price is 321% more volatile than the S&P 500.

Institutional and Insider Ownership

5.8% of AMTD Digital shares are held by institutional investors. Comparatively, 43.1% of CleanSpark shares are held by institutional investors. 3.5% of CleanSpark shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares AMTD Digital and CleanSpark’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AMTD Digital	$27.83 million	19.26	$41.74 million	N/A	N/A
CleanSpark	$284.99 million	8.79	-$136.59 million	N/A	N/A

AMTD Digital has higher earnings, but lower revenue than CleanSpark.

Profitability

This table compares AMTD Digital and CleanSpark’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AMTD Digital	N/A	N/A	N/A
CleanSpark	22.41%	-6.30%	-5.81%

Analyst Ratings

This is a summary of current ratings and target prices for AMTD Digital and CleanSpark, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AMTD Digital	0	0	0	0	N/A
CleanSpark	0	1	5	0	2.83

CleanSpark has a consensus price target of $19.30, indicating a potential upside of 75.61%. Given CleanSpark’s higher probable upside, analysts clearly believe CleanSpark is more favorable than AMTD Digital.

Summary

CleanSpark beats AMTD Digital on 7 of the 11 factors compared between the two stocks.

About AMTD Digital

AMTD Digital Inc., through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments. It offers deposit, personal loan, credit card, fund transfer, cross border remittance, insurance, and other payment services. In addition, the company operates SpiderNet ecosystem, a platform to enhance their investor communication, investor relations, and corporate communication to enhance their valuation. Further, it offers movies, podcasts, webinars, and videos through online media platforms. Additionally, the company invests in hotel related activities. AMTD Digital Inc. was incorporated in 2019 and is based in Paris, France. AMTD Digital Inc. operates as a subsidiary of AMTD IDEA Group.

About CleanSpark

CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.