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SilverSun Technologies (NASDAQ:SSNT) and Mullen Automotive (NASDAQ:MULN) Critical Comparison

Defense World ·  Mar 28, 2023 16:34

Mullen Automotive (NASDAQ:MULN – Get Rating) and SilverSun Technologies (NASDAQ:SSNT – Get Rating) are both small-cap auto/tires/trucks companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, dividends, risk, profitability and institutional ownership.

Institutional & Insider Ownership

6.6% of Mullen Automotive shares are held by institutional investors. Comparatively, 15.2% of SilverSun Technologies shares are held by institutional investors. 33.4% of Mullen Automotive shares are held by company insiders. Comparatively, 39.1% of SilverSun Technologies shares are held by company 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.

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Risk & Volatility

Mullen Automotive has a beta of 2.48, suggesting that its share price is 148% more volatile than the S&P 500. Comparatively, SilverSun Technologies has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.

Profitability

This table compares Mullen Automotive and SilverSun Technologies' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Mullen Automotive N/A -622.62% -285.52%
SilverSun Technologies -0.63% -3.00% -1.44%

Analyst Recommendations

This is a breakdown of recent ratings for Mullen Automotive and SilverSun Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mullen Automotive 0 0 0 0 N/A
SilverSun Technologies 0 0 0 0 N/A

Earnings & Valuation

This table compares Mullen Automotive and SilverSun Technologies' gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Mullen Automotive $65.71 million 2.66 N/A N/A N/A
SilverSun Technologies $44.99 million 0.36 -$280,000.00 ($0.06) -51.33

Mullen Automotive has higher revenue and earnings than SilverSun Technologies.

About Mullen Automotive

(Get Rating)

Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.

About SilverSun Technologies

(Get Rating)

SilverSun Technologies, Inc. is a business application, technology and consulting company. It is engaged in providing transformative business management solutions, technologies and professional consulting services to small and medium-sized businesses in the manufacturing, distribution and service industries. The firm offers solutions for accounting and business management, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, and business intelligence. The company was founded on October 3, 2002 and is headquartered in East Hanover, NJ.

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