Canoo (NASDAQ:GOEV) and Proliance International (OTCMKTS:PLNTQ) Head-To-Head Survey

Proliance International (OTCMKTS:PLNTQ) and Canoo (NASDAQ:GOEV) are both auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, profitability, analyst recommendations, dividends, risk, valuation and institutional ownership.

Insider & Institutional Ownership

36.2% of Canoo shares are owned by institutional investors. 5.3% of Proliance International shares are owned by company insiders. Comparatively, 7.1% of Canoo shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Risk and Volatility

Proliance International has a beta of 4.13, meaning that its stock price is 313% more volatile than the S&P 500. Comparatively, Canoo has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500.

Valuation and Earnings

This table compares Proliance International and Canoo”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Proliance International	N/A	N/A	N/A	N/A	N/A
Canoo	$1.86 million	0.89	-$302.02 million	($70.60)	0.00

Proliance International has higher earnings, but lower revenue than Canoo.

Analyst Ratings

This is a summary of recent ratings and target prices for Proliance International and Canoo, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Proliance International	0	0	0	0	0.00
Canoo	0	4	2	0	2.33

Canoo has a consensus price target of $42.63, indicating a potential upside of 12,290.99%. Given Canoo’s stronger consensus rating and higher probable upside, analysts plainly believe Canoo is more favorable than Proliance International.

Profitability

This table compares Proliance International and Canoo’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Proliance International	N/A	N/A	N/A
Canoo	N/A	-68.39%	-26.16%

Summary

Canoo beats Proliance International on 6 of the 9 factors compared between the two stocks.

About Proliance International

Proliance International, Inc. designs, manufactures, and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket, as well as heat exchange products. The company’s heat exchange products include radiators, heater cores, heaters, radiator cores, and condensers; and temperature control parts comprise condensers, compressors, accumulators/driers, and evaporators. It also offers air conditioning parts and supplies, such as hose and tube assemblies, expansion valves, blowers, and fan clutches. In addition, the company provides charge air coolers, oil coolers, marine coolers, and other specialty heat exchangers for heavy-duty trucks, buses, specialty equipment, and industrial and marine applications, such as agricultural, construction and military vehicles, oil rigs, stationary power generation equipment, and inland sea-going vessels. Its customers include national retailers of aftermarket automotive products, warehouse distributors, radiator shops, hard parts jobbers, and other manufacturers. The company offers its products in the United States, Canada, Mexico, Europe, and Central America. Proliance International, Inc. was formerly known as Transpro, Inc. and changed its name to Proliance International, Inc. in July 2005. The company was founded in 1915 and is based in New Haven, Connecticut.

About Canoo

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services. In addition, the company provides digital ecosystem, a suite of products and software tools comprising CanooHub, a web-based fleet management portal; driver mobile app for real-time vehicle status and access to remote commands; vehicle human machine interface that encompasses vehicle controls, customizable settings, range mode, cruise control, vehicle alerts, camera feeds for safety and connectivity, such as cellular, Wi-Fi and Bluetooth, as well as data and analytics infrastructure. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.