Electrameccanica Vehicles (NASDAQ:SOLO) and NIO (NYSE:NIO) are both auto/tires/trucks companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.
Institutional and Insider Ownership
3.0% of Electrameccanica Vehicles shares are held by institutional investors. Comparatively, 27.2% of NIO shares are held by institutional investors. 1.0% of NIO shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This table compares Electrameccanica Vehicles and NIO’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Electrameccanica Vehicles and NIO’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Electrameccanica Vehicles||$600,000.00||153.38||-$7.74 million||($0.39)||-6.41|
|NIO||$720.12 million||3.63||-$1.40 billion||($10.21)||-0.25|
Electrameccanica Vehicles has higher earnings, but lower revenue than NIO. Electrameccanica Vehicles is trading at a lower price-to-earnings ratio than NIO, indicating that it is currently the more affordable of the two stocks.
This is a breakdown of recent ratings and recommmendations for Electrameccanica Vehicles and NIO, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Electrameccanica Vehicles currently has a consensus price target of $6.00, indicating a potential upside of 140.00%. NIO has a consensus price target of $7.45, indicating a potential upside of 192.16%. Given NIO’s higher possible upside, analysts plainly believe NIO is more favorable than Electrameccanica Vehicles.
NIO beats Electrameccanica Vehicles on 9 of the 13 factors compared between the two stocks.
About Electrameccanica Vehicles
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name for mass markets. It operates in two segments, Electric Vehicles and Custom Build Vehicles. The company also develops and manufactures high end custom built vehicles. The company sells its vehicles online through electrameccanica.com Website. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.
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.
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