Analyzing NIO (NYSE:NIO) and Cenntro Electric Group (NASDAQ:CENN)

Financial News Live · 01/03 06:08

NIO (NYSE:NIO) and Cenntro Electric Group (NASDAQ:CENN) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.

Profitability

This table compares NIO and Cenntro Electric Group's net margins, return on equity and return on assets.

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	Net Margins	Return on Equity	Return on Assets
NIO	-24.94%	-32.66%	-11.89%
Cenntro Electric Group	N/A	N/A	N/A

Volatility and Risk

NIO has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500. Comparatively, Cenntro Electric Group has a beta of 1.19, indicating that its stock price is 19% more volatile than the S&P 500.

Valuation & Earnings

This table compares NIO and Cenntro Electric Group's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NIO	$5.67 billion	2.87	-$625.45 million	($1.00)	-9.75
Cenntro Electric Group	$8.58 million	13.40	-$16.42 million	N/A	N/A

Cenntro Electric Group has lower revenue, but higher earnings than NIO.

Analyst Ratings

This is a breakdown of current recommendations for NIO and Cenntro Electric Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NIO	0	3	11	0	2.79
Cenntro Electric Group	0	0	0	0	N/A

NIO presently has a consensus price target of $22.89, indicating a potential upside of 134.78%. Given NIO's higher probable upside, research analysts clearly believe NIO is more favorable than Cenntro Electric Group.

Institutional and Insider Ownership

30.1% of NIO shares are held by institutional investors. Comparatively, 8.2% of Cenntro Electric Group shares are held by institutional investors. 1.0% of NIO shares are held by company insiders. Comparatively, 30.9% of Cenntro Electric Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Cenntro Electric Group beats NIO on 6 of the 11 factors compared between the two stocks.

About NIO

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, the People's Republic of China.

About Cenntro Electric Group

Cenntro Electric Group Limited designs and manufactures electric light and medium-duty commercial vehicles in Europe, North America, and Asia. It serves corporate and governmental organizations. The company was formerly known as Naked Brand Group Limited and changed its name to Cenntro Electric Group Limited in December 2021. The company was founded in 2013 and is headquartered in Freehold, New Jersey.

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