Critical Review: Nuvve (NASDAQ:NVVE) & Workhorse Group (NASDAQ:WKHS)

Nuvve (NASDAQ:NVVE) and Workhorse Group (NASDAQ:WKHS) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, valuation, analyst recommendations, risk, institutional ownership and dividends.

Valuation and Earnings

This table compares Nuvve and Workhorse Group”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nuvve	$4.79 million	0.55	-$30.82 million	($255.98)	0.00
Workhorse Group	$21.21 million	1.32	-$64.09 million	($84.69)	-0.03

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

Insider and Institutional Ownership

19.0% of Nuvve shares are owned by institutional investors. Comparatively, 16.0% of Workhorse Group shares are owned by institutional investors. 17.5% of Nuvve shares are owned by company insiders. Comparatively, 1.9% of Workhorse Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Nuvve and Workhorse Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nuvve	-640.26%	N/A	-158.84%
Workhorse Group	-363.15%	-239.58%	-68.70%

Volatility & Risk

Nuvve has a beta of 1.98, meaning that its share price is 98% more volatile than the S&P 500. Comparatively, Workhorse Group has a beta of 2.64, meaning that its share price is 164% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Nuvve and Workhorse Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nuvve	1	0	0	0	1.00
Workhorse Group	1	0	0	0	1.00

Summary

Workhorse Group beats Nuvve on 6 of the 11 factors compared between the two stocks.

About Nuvve

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. In addition, the company offers networked charging stations, infrastructure, software, professional services, support, monitoring, and parts and labor warranties required to run electric vehicle fleets. It serves its products to owners/operators of light duty fleets, heavy duty fleets, automotive manufacturers, charge point operators, and strategic partners. The company was founded in 2010 and is headquartered in San Diego, California.

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.