Miller Industries (NYSE:MLR – Get Free Report) and Workhorse Group (NASDAQ:WKHS – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, earnings, valuation and risk.
Volatility & Risk
Miller Industries has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, Workhorse Group has a beta of 2.62, suggesting that its share price is 162% more volatile than the S&P 500.
Profitability
This table compares Miller Industries and Workhorse Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Miller Industries | 4.35% | 10.48% | 6.33% |
| Workhorse Group | -760.65% | -186.76% | -73.89% |
Institutional & Insider Ownership
Analyst Recommendations
This is a summary of current ratings for Miller Industries and Workhorse Group, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Miller Industries | 1 | 0 | 1 | 0 | 2.00 |
| Workhorse Group | 0 | 1 | 0 | 0 | 2.00 |
Miller Industries presently has a consensus target price of $64.00, suggesting a potential upside of 48.91%. Workhorse Group has a consensus target price of $15.6250, suggesting a potential upside of 846.97%. Given Workhorse Group’s higher possible upside, analysts clearly believe Workhorse Group is more favorable than Miller Industries.
Valuation and Earnings
This table compares Miller Industries and Workhorse Group”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Miller Industries | $1.26 billion | 0.39 | $63.49 million | $3.66 | 11.74 |
| Workhorse Group | $6.62 million | 2.36 | -$101.79 million | ($99.75) | -0.02 |
Miller Industries has higher revenue and earnings than Workhorse Group. Workhorse Group is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.
Summary
Miller Industries beats Workhorse Group on 10 of the 13 factors compared between the two stocks.
About Miller Industries
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.
About Workhorse Group
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Sharonville, Ohio.
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