Electrameccanica Vehicles (NASDAQ: SOLO) is one of 37 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its peers? We will compare Electrameccanica Vehicles to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, institutional ownership, earnings and dividends.
This is a summary of current ratings and price targets for Electrameccanica Vehicles and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Electrameccanica Vehicles Competitors||692||1740||1928||126||2.33|
This table compares Electrameccanica Vehicles and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Electrameccanica Vehicles Competitors||-159.25%||8.28%||1.62%|
Earnings & Valuation
This table compares Electrameccanica Vehicles and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Electrameccanica Vehicles||$600,000.00||-$7.74 million||-7.82|
|Electrameccanica Vehicles Competitors||$66.07 billion||$3.34 billion||7.03|
Electrameccanica Vehicles’ peers have higher revenue and earnings than Electrameccanica Vehicles. Electrameccanica Vehicles is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Risk and Volatility
Electrameccanica Vehicles has a beta of 1.61, meaning that its share price is 61% more volatile than the S&P 500. Comparatively, Electrameccanica Vehicles’ peers have a beta of 1.36, meaning that their average share price is 36% more volatile than the S&P 500.
Insider & Institutional Ownership
2.9% of Electrameccanica Vehicles shares are owned by institutional investors. Comparatively, 59.6% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 7.4% of shares of all “Motor vehicles & car bodies” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Electrameccanica Vehicles peers beat Electrameccanica Vehicles on 9 of the 13 factors compared.
Electrameccanica Vehicles Company Profile
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.
Receive News & Ratings for Electrameccanica Vehicles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrameccanica Vehicles and related companies with MarketBeat.com's FREE daily email newsletter.