GreenPower Motor (GP) & Its Competitors Financial Analysis

GreenPower Motor (NASDAQ:GP) is one of 435 public companies in the “Machinery” industry, but how does it weigh in compared to its peers? We will compare GreenPower Motor to related companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, dividends and institutional ownership.

Volatility and Risk

GreenPower Motor has a beta of 1.71, meaning that its stock price is 71% more volatile than the S&P 500. Comparatively, GreenPower Motor’s peers have a beta of 4.52, meaning that their average stock price is 352% more volatile than the S&P 500.

Profitability

This table compares GreenPower Motor and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
GreenPower Motor	-24.28%	N/A	-7.44%
GreenPower Motor Competitors	-1,947.44%	-10.15%	0.87%

Institutional & Insider Ownership

1.7% of GreenPower Motor shares are owned by institutional investors. Comparatively, 52.2% of shares of all “Machinery” companies are owned by institutional investors. 28.1% of GreenPower Motor shares are owned by company insiders. Comparatively, 13.9% of shares of all “Machinery” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and target prices for GreenPower Motor and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
GreenPower Motor	1	1	0	0	1.50
GreenPower Motor Competitors	4073	14463	17877	777	2.41

As a group, “Machinery” companies have a potential upside of 28.20%. Given GreenPower Motor’s peers stronger consensus rating and higher probable upside, analysts plainly believe GreenPower Motor has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares GreenPower Motor and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
GreenPower Motor	$16.39 million	-$5.48 million	-2.32
GreenPower Motor Competitors	$4.52 billion	$347.98 million	-12.94

GreenPower Motor’s peers have higher revenue and earnings than GreenPower Motor. GreenPower Motor is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

GreenPower Motor peers beat GreenPower Motor on 9 of the 13 factors compared.

About GreenPower Motor

GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation. It leases its vehicles to customers. GreenPower Motor Company Inc. was founded in 2010 and is headquartered in Vancouver, Canada.