Reviewing Rivian Automotive (NASDAQ:RIVN) & Envirotech Vehicles (NASDAQ:EVTV)

Rivian Automotive (NASDAQ:RIVN) and Envirotech Vehicles (NASDAQ:EVTV) are both auto/tires/trucks companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, profitability, dividends, valuation and institutional ownership.

Analyst Ratings

This is a summary of current recommendations for Rivian Automotive and Envirotech Vehicles, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Rivian Automotive	3	18	5	0	2.08
Envirotech Vehicles	0	0	0	0	0.00

Rivian Automotive currently has a consensus target price of $13.6870, suggesting a potential upside of 11.46%. Given Rivian Automotive’s stronger consensus rating and higher possible upside, equities analysts plainly believe Rivian Automotive is more favorable than Envirotech Vehicles.

Risk and Volatility

Rivian Automotive has a beta of 1.8, indicating that its stock price is 80% more volatile than the S&P 500. Comparatively, Envirotech Vehicles has a beta of 2.72, indicating that its stock price is 172% more volatile than the S&P 500.

Earnings & Valuation

This table compares Rivian Automotive and Envirotech Vehicles”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Rivian Automotive	$4.97 billion	2.79	-$4.75 billion	($3.23)	-3.80
Envirotech Vehicles	$1.87 million	2.34	-$8.85 million	($9.10)	-0.19

Envirotech Vehicles has lower revenue, but higher earnings than Rivian Automotive. Rivian Automotive is trading at a lower price-to-earnings ratio than Envirotech Vehicles, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Rivian Automotive and Envirotech Vehicles’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Rivian Automotive	-68.06%	-58.07%	-23.67%
Envirotech Vehicles	N/A	-49.11%	-32.08%

Insider and Institutional Ownership

66.3% of Rivian Automotive shares are owned by institutional investors. Comparatively, 5.7% of Envirotech Vehicles shares are owned by institutional investors. 2.2% of Rivian Automotive shares are owned by company insiders. Comparatively, 32.6% of Envirotech Vehicles shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Rivian Automotive beats Envirotech Vehicles on 8 of the 14 factors compared between the two stocks.

About Rivian Automotive

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name. It provides consumer services, such as digital financing and leasing, telematics-based insurance, vehicle maintenance and repair services, software services, and charging solutions. In addition, the company designs, develops, manufactures, and operates the Rivian Adventure Network Direct Current fast chargers, and offers access to Combined Charging Standard, as well as FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.

About Envirotech Vehicles

Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is headquartered in Osceola, Arkansas.