Argo Blockchain (NASDAQ:ARBK) vs. Prestige Wealth (NASDAQ:PWM) Critical Analysis

Prestige Wealth (NASDAQ:PWM) and Argo Blockchain (NASDAQ:ARBK) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.

Insider & Institutional Ownership

7.7% of Prestige Wealth shares are owned by institutional investors. Comparatively, 2.4% of Argo Blockchain shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for Prestige Wealth and Argo Blockchain, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Prestige Wealth	0	0	0	0	0.00
Argo Blockchain	0	2	0	0	2.00

Argo Blockchain has a consensus target price of $1.45, suggesting a potential upside of 22.82%. Given Argo Blockchain’s stronger consensus rating and higher probable upside, analysts plainly believe Argo Blockchain is more favorable than Prestige Wealth.

Earnings and Valuation

This table compares Prestige Wealth and Argo Blockchain”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Prestige Wealth	$350,000.00	29.58	-$1.04 million	N/A	N/A
Argo Blockchain	$50.56 million	1.49	-$35.03 million	($0.81)	-1.46

Prestige Wealth has higher earnings, but lower revenue than Argo Blockchain.

Risk and Volatility

Prestige Wealth has a beta of 3.7, suggesting that its stock price is 270% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 1.88, suggesting that its stock price is 88% more volatile than the S&P 500.

Profitability

This table compares Prestige Wealth and Argo Blockchain’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Prestige Wealth	N/A	N/A	N/A
Argo Blockchain	-93.70%	-4,172.69%	-50.32%

Summary

Prestige Wealth beats Argo Blockchain on 7 of the 10 factors compared between the two stocks.

About Prestige Wealth

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong. The company was incorporated in 2018 and is based in Central, Hong Kong. Prestige Wealth Inc. is a subsidiary of Prestige Financial Holdings Group Limited.

About Argo Blockchain

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.