Greenkraft (OTCMKTS:GKIT) and REE Automotive (NASDAQ:REE) Critical Survey

REE Automotive (NASDAQ:REEGet Rating) and Greenkraft (OTCMKTS:GKITGet Rating) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, analyst recommendations, valuation, institutional ownership and earnings.

Analyst Ratings

This is a breakdown of current recommendations and price targets for REE Automotive and Greenkraft, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 2 0 3 0 2.20
Greenkraft 0 0 0 0 N/A

REE Automotive presently has a consensus target price of $9.40, indicating a potential upside of 377.16%. Given REE Automotive’s higher possible upside, equities research analysts plainly believe REE Automotive is more favorable than Greenkraft.

Risk and Volatility

REE Automotive has a beta of 2.25, meaning that its stock price is 125% more volatile than the S&P 500. Comparatively, Greenkraft has a beta of 1.01, meaning that its stock price is 1% more volatile than the S&P 500.

Profitability

This table compares REE Automotive and Greenkraft’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A -281.94% -188.57%
Greenkraft N/A N/A N/A

Valuation and Earnings

This table compares REE Automotive and Greenkraft’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
REE Automotive $10,000.00 62,582.96 -$505.33 million N/A N/A
Greenkraft N/A N/A N/A N/A N/A

Greenkraft has lower revenue, but higher earnings than REE Automotive.

Insider & Institutional Ownership

15.0% of REE Automotive shares are held by institutional investors. 6.0% of REE Automotive shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

REE Automotive beats Greenkraft on 6 of the 8 factors compared between the two stocks.

REE Automotive Company Profile (Get Rating)

REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.

Greenkraft Company Profile (Get Rating)

Greenkraft, Inc. manufactures and distributes automotive products for fleet operators, cities, and businesses in the United States. The company offers commercial forward cabin trucks that run on alternative fuels, such as compressed natural gas or liquefied propane gas. It also manufactures and sells alternative fuel systems; and converts petroleum-based fuel vehicles to run on alternative fuels, such as CNG or LPG. The company has strategic partnership with CEE, LLC and G&K Automotive Conversion Inc. for research and development activities, as well as to test its engines prior to applying for the CARB and EPA certifications. Greenkraft, Inc. is headquartered in Santa Ana, California.

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