Electrameccanica Vehicles (NASDAQ: SOLO) is one of 37 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it compare to its rivals? We will compare Electrameccanica Vehicles to similar businesses based on the strength of its profitability, institutional ownership, earnings, dividends, valuation, risk and analyst recommendations.

Valuation and Earnings

This table compares Electrameccanica Vehicles and its rivals revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Electrameccanica Vehicles $600,000.00 -$7.74 million -8.77
Electrameccanica Vehicles Competitors $65.61 billion $3.34 billion 7.30

Electrameccanica Vehicles’ rivals have higher revenue and earnings than Electrameccanica Vehicles. Electrameccanica Vehicles is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Electrameccanica Vehicles and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Electrameccanica Vehicles -1,293.82% -100.26% -72.74%
Electrameccanica Vehicles Competitors -49.78% 8.73% 1.38%

Institutional & Insider Ownership

3.4% of Electrameccanica Vehicles shares are owned by institutional investors. Comparatively, 55.9% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 7.8% of shares of all “Motor vehicles & car bodies” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and price targets for Electrameccanica Vehicles and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrameccanica Vehicles 0 1 1 0 2.50
Electrameccanica Vehicles Competitors 674 1707 1917 125 2.34

Electrameccanica Vehicles currently has a consensus target price of $6.00, suggesting a potential upside of 75.44%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 6.49%. Given Electrameccanica Vehicles’ stronger consensus rating and higher probable upside, analysts clearly believe Electrameccanica Vehicles is more favorable than its rivals.

Risk & Volatility

Electrameccanica Vehicles has a beta of 1.8, suggesting that its stock price is 80% more volatile than the S&P 500. Comparatively, Electrameccanica Vehicles’ rivals have a beta of 1.31, suggesting that their average stock price is 31% more volatile than the S&P 500.

Summary

Electrameccanica Vehicles rivals beat Electrameccanica Vehicles on 9 of the 13 factors compared.

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.

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