Electrameccanica Vehicles (NASDAQ:SOLO – Get Rating) and NWTN (NASDAQ:NWTN – Get Rating) are both small-cap auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, profitability, dividends, analyst recommendations, risk, valuation and institutional ownership.
Earnings and Valuation
This table compares Electrameccanica Vehicles and NWTN's gross revenue, earnings per share and valuation.Get Electrameccanica Vehicles alerts:
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Electrameccanica Vehicles||$2.10 million||57.05||-$41.33 million||($0.65)||-1.55|
NWTN has lower revenue, but higher earnings than Electrameccanica Vehicles.
Volatility and RiskElectrameccanica Vehicles has a beta of 2.33, suggesting that its stock price is 133% more volatile than the S&P 500. Comparatively, NWTN has a beta of -0.09, suggesting that its stock price is 109% less volatile than the S&P 500.
This is a breakdown of current ratings and recommmendations for Electrameccanica Vehicles and NWTN, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Insider & Institutional Ownership
8.9% of Electrameccanica Vehicles shares are held by institutional investors. Comparatively, 25.0% of NWTN shares are held by institutional investors. 46.1% of NWTN shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
This table compares Electrameccanica Vehicles and NWTN's net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
NWTN beats Electrameccanica Vehicles on 6 of the 8 factors compared between the two stocks.
About Electrameccanica Vehicles
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.
ICONIQ Holding Limited operates as a green mobility technology company which defines the smart passenger vehicle ("SPV") as a vehicle concept emphasizing AI technologies, autonomous driving, IoT connectivity, and a personalized passenger experience. The company's core technology advantages are characterized by modular pure electric platforms, digital on-board connectivity systems, continuously upgraded electric and electronic architectures, and autonomous driving technology. The company focuses on consumers and technology-savvy families and businesses. The company was founded in 2016 and is based in Dubai, United Arab Emirates with additional offices in Tianjin and Shanghai.
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