NAAS vs ETN vs CHPT Stock Comparison

NaaS Technology, Eaton and ChargePoint Holdings Prices as of Oct 28, 2026 Peers: Industry group
ETN Eaton Corp plc
$393.05 -8.9% 1M +4.5% 1Y
Market cap
$152.66B
P/E
39.9x
Revenue (TTM)
$30.03B
Div. yield
1.10%
Electrical Equipment Industrials
8 wins

Head to Head

9 decided of 12

Eaton leads on 8 of the 12 questions below (Eaton 8, ChargePoint Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNAASETNCHPTLeader
Larger companyMarket capitalisation $142.20K $152.66B $247.83M ETN
Cheaper on earningsLower P/E, profitable companies only — 39.9x -1.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 28.3x — –
Faster revenue growthRevenue growth, trailing twelve months — +15.5% +8.8% ETN
More profitableNet margin, trailing twelve months — 12.8% -40.6% ETN
Better return on capitalReturn on invested capital — 10.3% -82.8% ETN
Less leveragedLower net debt / EBITDA — 3.1x -0.9x CHPT
Higher dividend yieldTrailing dividend yield — 1.10% — –
Better 1-year returnPrice return, last 12 months -39.4% +4.5% -14.9% ETN
Better 5-year returnAnnualised price return, 5 years — +19.0%/yr -54.9%/yr ETN
Less volatileAnnualised volatility, 1 year 70.2% 40.7% 95.2% ETN
Higher overall scoreMean of the five percentile scores vs peers — 45/100 43/100 ETN

Percentile Scorecard

NAASETNCHPT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNAASETNCHPT
Valuation – 14 #175 of 203 30 #43 of 61
Growth – 74 #50 of 188 79 #13 of 58
Profitability – 74 #49 of 184 43 #32 of 55
Financial Health 0 #71 of 71 20 #173 of 217 13 #62 of 71
Shareholder Returns – 43 #87 of 153 50 #15 of 29
Overall – 45 43
  • NAAS ranked among 71 companies in Clean Energy Equipment
  • ETN ranked among 222 companies in Machinery
  • CHPT ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNAASETNCHPTSPY
1 month -34.6%-8.9%+5.6% +0.9%
3 months -34.0%+8.6%+78.2% +5.9%
6 months +3.9%-4.3%+41.6% +8.5%
Year to date -37.3%+23.4%+39.0% +13.3%
1 year -39.4%+4.5%-14.9% +12.4%
3 years -99.8%+101.2%-81.5% +88.1%
3 years, per year -87.1%+26.3%-43.0% +23.5%
5 years —+138.6%-98.1% +68.2%
5 years, per year —+19.0%-54.9% +11.0%
10 years —+530.1%— +263.4%
10 years, per year —+20.2%— +13.8%

Risk

MeasureNAASETNCHPTSPY
Volatility, 1Y 70.2%40.7%95.2% 12.7%
Downside volatility, 1Y 68.8%43.8%75.2% 12.7%
Beta vs S&P 500, 1Y 0.831.873.08 1.00
Return / volatility, 1Y -0.560.11-0.16 0.98
Max drawdown, 5Y -100.0%-34.7%-99.2% -25.4%
From 52-week high -47.4%-14.5%-14.9% -0.9%
52-week high $4.03$459.94$10.85 $779.14
52-week low $1.97$315.82$4.51 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNAASETNCHPT
P/E now vs peer median —median 29.4x 39.9xmedian 25.4x -1.4xmedian 29.4x
P/S now vs peer median —median 2.6x 5.1xmedian 1.9x 0.6xmedian 2.6x
EV/EBITDA now vs peer median —median 18.4x 26.5xmedian 14.3x -2.6xmedian 18.4x
P/FCF now vs peer median —median 24.4x 38.8xmedian 21.8x -3.6xmedian 24.4x
P/B now vs peer median 0.0xmedian 1.8x 7.5xmedian 2.2x -6.9xmedian 1.8x
PEG now vs peer median —median 1.07 3.00median 1.41 -0.04median 1.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNAASETNCHPT
Revenue – $30.03B $432.89M
Gross profit – $10.78B $138.81M
Operating income – $5.32B -$178.53M
Net income – $3.83B -$175.73M
Free cash flow – $3.93B -$68.43M
R&D – $844.00M $137.29M
EPS (diluted) – $9.83 $-6.68
Cash & equivalents $11.38M $483.00M $95.33M
Total debt $158.09M $20.61B $236.94M
Shares (diluted) 35.27K 389.50M 26.32M
Enterprise value -$45.24M $149.89B -$265.36M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNAASETNCHPT
P/E – 39.9x -1.4x
P/FCF – 38.8x -3.6x
P/Operating cash flow – 30.8x -3.8x
P/S – 5.1x 0.6x
P/B 0.0x 7.5x -6.9x
P/Tangible book 0.0x 19.9x -2.8x
EV/EBITDA – 26.5x -2.6x
EV/EBIT – 32.5x -2.2x
EV/Revenue – 5.7x 0.9x
EV/FCF – 43.9x -5.7x
EV/Operating cash flow – 34.9x -6.0x
PEG (3Y EPS CAGR) – 3.00 -0.04

Growth

14 metrics
MetricNAASETNCHPT
Revenue growth (1Y) – 15.5% 8.8%
Revenue CAGR (3Y) – 10.8% -8.2%
Gross profit growth (1Y) – 8.7% 26.0%
Gross profit CAGR (3Y) – 12.3% 16.7%
Operating income growth (1Y) – 8.7% 24.3%
Operating income CAGR (3Y) – 15.9% 21.2%
Net income growth (1Y) – -2.4% 32.3%
Net income CAGR (3Y) – 12.2% 21.8%
EPS growth (1Y) – -2.0% 40.4%
EPS CAGR (3Y) – 13.3% 31.4%
Operating cash flow growth (1Y) – 21.9% 10.8%
Operating cash flow CAGR (3Y) – 14.1% 41.6%
Free cash flow growth (1Y) – 20.1% 13.9%
Free cash flow CAGR (3Y) – 13.3% 41.6%

Profitability

14 metrics
MetricNAASETNCHPT
Gross margin – 35.9% 32.1%
EBITDA margin – 21.7% -34.6%
Operating margin – 17.7% -41.2%
Pretax margin – 16.1% -39.4%
Net margin – 12.8% -40.6%
FCF margin – 13.1% -15.8%
Operating cash flow margin – 16.5% -14.9%
Return on equity – 19.1% –
Return on assets – 6.9% -24.8%
Return on invested capital – 10.3% -82.8%
Return on capital employed – 12.2% -51.2%
Asset turnover – 0.5x 0.6x
Cash conversion (OCF / net income) – 1.3x 0.4x
Stock comp / revenue – – 11.6%

Financial Health

11 metrics
MetricNAASETNCHPT
Debt / assets 195.9% 36.7% 34.1%
Debt / equity -0.6x 1.0x -6.6x
Net debt / EBITDA – 3.1x -0.9x
Debt / FCF – 5.2x -3.5x
Liabilities / assets 404.2% 63.9% 105.2%
Equity / assets -304.2% 36.1% -5.2%
Interest coverage – 12.0x -16.0x
Current ratio 0.2x 1.2x 1.1x
Quick ratio -0.1x 0.7x 0.5x
Cash ratio 0.1x 0.1x 0.3x
Altman Z-score – 3.75 -4.38

Shareholder Returns

7 metrics
MetricNAASETNCHPT
Dividend yield – 1.1% –
Net buyback yield – 0.3% -0.4%
Shareholder yield – 1.4% -0.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNAASETNCHPT
Forward P/E – 28.3xFY2026 –
EPS, next fiscal year $-6.73FY2024 $13.88FY2026 $-5.07FY2026
EPS growth, next FY – +15.0%FY2026 –
EPS growth, the year after – +14.4% –
Revenue, next fiscal year $59.32MFY2026 $31.83BFY2026 $461.54MFY2026
Revenue growth, next FY +231.5%FY2026 +16.0%FY2026 +12.2%FY2026
Revenue growth, the year after – +21.7% +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNAASETNCHPT
Held by institutions – 84.7% 32.2%
Institutions holding – 2,642 165
Change in shares held, QoQ – +1.6% +81.9%
Institutions buying – 1,399 79
Institutions selling – 892 26
Buyers to sellers – 1.57 3.04

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NAASETNCHPT
NAAS 1.00 0.06 0.09
ETN 0.06 1.00 0.30
CHPT 0.09 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NAAS, ETN and CHPT?

Eaton (ETN) is the largest by market capitalisation: NaaS Technology (NAAS) $142.20K, Eaton (ETN) $152.66B, ChargePoint Holdings (CHPT) $247.83M.

Which company is growing faster?

Eaton (ETN) grew revenue fastest over the trailing twelve months: Eaton (ETN) +15.5%, ChargePoint Holdings (CHPT) +8.8%.

Which company is more profitable?

Eaton (ETN) has the highest net margin (Eaton (ETN) 12.8%, ChargePoint Holdings (CHPT) -40.6%). On return on invested capital, Eaton (ETN) leads (Eaton (ETN) 10.3%, ChargePoint Holdings (CHPT) -82.8%).

Which stock has performed better?

Over the past year Eaton (ETN) returned the most: NaaS Technology (NAAS) -39.4%, Eaton (ETN) +4.5%, ChargePoint Holdings (CHPT) -14.9%. Over five years, Eaton (ETN) compounded fastest (Eaton (ETN) +19.0%/yr, ChargePoint Holdings (CHPT) -54.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Eaton (ETN) 1.10%. NaaS Technology (NAAS) and ChargePoint Holdings (CHPT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Eaton (ETN) has been the steadiest (NaaS Technology (NAAS) 70.2%, Eaton (ETN) 40.7%, ChargePoint Holdings (CHPT) 95.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NAAS, ETN and CHPT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Eaton (ETN) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.