Financial Survey: Volcon (NASDAQ:EMPD) & Envirotech Vehicles (NASDAQ:EVTV)

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

Insider and Institutional Ownership

5.7% of Envirotech Vehicles shares are held by institutional investors. 0.1% of Volcon shares are held by insiders. Comparatively, 13.7% of Envirotech Vehicles shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for Volcon and Envirotech Vehicles, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Volcon	1	0	0	1	2.50
Envirotech Vehicles	1	0	0	0	1.00

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Volcon	$4.04 million	75.09	-$45.51 million	($206.29)	-0.03
Envirotech Vehicles	$1.87 million	2.89	-$8.85 million	($10.61)	-0.14

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

Volatility and Risk

Volcon has a beta of -0.62, meaning that its stock price is 162% less volatile than the S&P 500. Comparatively, Envirotech Vehicles has a beta of 3.03, meaning that its stock price is 203% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Volcon	-720.28%	-282.87%	-180.44%
Envirotech Vehicles	N/A	-92.02%	-49.05%

Summary

Envirotech Vehicles beats Volcon on 8 of the 13 factors compared between the two stocks.

About Volcon

Volcon, Inc. develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications. The company was formerly known as Frog ePowersports, Inc. and changed its name to Volcon, Inc. in October 2020. Volcon, Inc. was incorporated in 2020 and is based in Round Rock, Texas.

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.