Comparing Envirotech Vehicles (NASDAQ:EVTV) & Fox Factory (NASDAQ:FOXF)

Envirotech Vehicles (NASDAQ:EVTV) and Fox Factory (NASDAQ:FOXF) are both small-cap auto/tires/trucks companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, dividends, risk, profitability, analyst recommendations, earnings and institutional ownership.

Profitability

This table compares Envirotech Vehicles and Fox Factory’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Envirotech Vehicles	N/A	-92.02%	-49.05%
Fox Factory	-17.50%	5.03%	2.56%

Valuation and Earnings

This table compares Envirotech Vehicles and Fox Factory”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Envirotech Vehicles	$1.87 million	2.77	-$8.85 million	($10.61)	-0.14
Fox Factory	$1.39 billion	0.68	$6.55 million	($6.05)	-3.75

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

Institutional & Insider Ownership

5.7% of Envirotech Vehicles shares are owned by institutional investors. 13.7% of Envirotech Vehicles shares are owned by insiders. Comparatively, 0.5% of Fox Factory shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

Envirotech Vehicles has a beta of 2.94, indicating that its stock price is 194% more volatile than the S&P 500. Comparatively, Fox Factory has a beta of 1.37, indicating that its stock price is 37% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations for Envirotech Vehicles and Fox Factory, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Envirotech Vehicles	1	0	0	0	1.00
Fox Factory	1	3	3	0	2.29

Fox Factory has a consensus target price of $33.00, suggesting a potential upside of 45.63%. Given Fox Factory’s stronger consensus rating and higher probable upside, analysts clearly believe Fox Factory is more favorable than Envirotech Vehicles.

Summary

Fox Factory beats Envirotech Vehicles on 8 of the 14 factors compared between the two stocks.

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.

About Fox Factory

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products. It also provides suspension tuning services, as well as wheels, off-road tires and accessories. In addition, the company offers mountain and gravel bike wheels, and other performance cycling components, including cranks, chainrings, pedals, bars, stems, and seat posts, as well as baseball and softball products comprising metal bats, wood bats, apparel and accessories, batting gloves, fielding gloves, and bags and protective equipment under the Marucci brand. The company serves aftermarket applications products under the BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4×4 Posi-Lok, Ridetech, Tuscany, Outside Van, SCA, and Custom Wheel House brands; and mountain bikes, e-bikes, and gravel bikes under the FOX, Race Face, Easton Cycling, and Marzocchi brands. Fox Factory Holding Corp. was incorporated in 2007 and is based in Duluth, Georgia.