REE Automotive (NASDAQ:REE – Get Rating) and Greenkraft (OTCMKTS:GKIT – Get 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.
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|
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.
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|
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 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.
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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