Financial Contrast: Nikola (NASDAQ:NKLA) Vs. Ideanomics (NASDAQ:IDEX)
Financial Contrast: Nikola (NASDAQ:NKLA) Vs. Ideanomics (NASDAQ:IDEX)财务对比：Nikola（纳斯达克股票代码：NKLA）vs.Ideanomics（纳斯达克股票代码：IDEX）
Nikola (NASDAQ:NKLA – Get Rating) and Ideanomics (NASDAQ:IDEX – Get Rating) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings.
Volatility and Risk
Nikola has a beta of 1.44, indicating that its share price is 44% more volatile than the S&P 500. Comparatively, Ideanomics has a beta of 0.47, indicating that its share price is 53% less volatile than the S&P 500.
Get Nikola alerts:Analyst Ratings
This is a summary of recent ratings and recommmendations for Nikola and Ideanomics, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nikola | 0 | 4 | 2 | 0 | 2.33 |
| Ideanomics | 0 | 2 | 0 | 0 | 2.00 |
Valuation and Earnings
This table compares Nikola and Ideanomics' top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nikola | $44.26 million | 28.78 | -$690.44 million | ($1.71) | -1.56 |
| Ideanomics | $114.08 million | 1.05 | -$256.01 million | ($0.64) | -0.32 |
Ideanomics has higher revenue and earnings than Nikola. Nikola is trading at a lower price-to-earnings ratio than Ideanomics, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Nikola and Ideanomics' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nikola | N/A | -116.43% | -68.29% |
| Ideanomics | -268.05% | -49.11% | -36.77% |
Institutional & Insider Ownership
20.9% of Nikola shares are owned by institutional investors. Comparatively, 4.4% of Ideanomics shares are owned by institutional investors. 18.3% of Nikola shares are owned by insiders. Comparatively, 3.0% of Ideanomics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
About Nikola
(Get Rating)
Nikola Corp. engages in the provision of zero-emissions transportation and infrastructure solutions. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure. The company was founded by Trevor Milton in 2015 and is headquartered in Phoenix, AZ.
About Ideanomics
(Get Rating)
Ideanomics, Inc. engages in facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Ideanomics Mobility and Ideanomics Capital business units. Ideanomics Mobility provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity. Ideanomics Capital offers financial services solutions powered by AI and blockchain. The company was founded by Shane B. McMahon on October 19, 2004 and is headquartered in New York, NY.
Receive News & Ratings for Nikola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nikola and related companies with MarketBeat.com's FREE daily email newsletter.
风险提示：以上内容仅作为作者或者嘉宾的观点，不代表富途的任何立场，不构成与富途相关的任何投资建议。在作出任何投资决定前，投资者应根据自身情况考虑投资产品相关的风险因素，并于需要时咨询专业投资顾问意见。富途竭力但不能证实上述内容的真实性、准确性和原创性，对此富途不做任何保证和承诺。