Head to Head Survey: Miller Industries (NYSE:MLR) and Beam Global (NASDAQ:BEEM)

Miller Industries (NYSE:MLR) and Beam Global (NASDAQ:BEEM) are both small-cap auto/tires/trucks companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

Risk and Volatility

Miller Industries has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500. Comparatively, Beam Global has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and target prices for Miller Industries and Beam Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Miller Industries	0	2	1	0	2.33
Beam Global	1	1	3	0	2.40

Miller Industries currently has a consensus price target of $50.00, suggesting a potential upside of 7.29%. Beam Global has a consensus price target of $4.00, suggesting a potential upside of 131.21%. Given Beam Global’s stronger consensus rating and higher possible upside, analysts plainly believe Beam Global is more favorable than Miller Industries.

Earnings & Valuation

This table compares Miller Industries and Beam Global”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Miller Industries	$790.27 million	0.67	$23.01 million	$1.34	34.78
Beam Global	$28.24 million	1.30	-$27.00 million	($1.67)	-1.04

Miller Industries has higher revenue and earnings than Beam Global. Beam Global is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

79.2% of Miller Industries shares are owned by institutional investors. Comparatively, 26.6% of Beam Global shares are owned by institutional investors. 4.5% of Miller Industries shares are owned by insiders. Comparatively, 5.6% of Beam Global 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.

Profitability

This table compares Miller Industries and Beam Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Miller Industries	2.08%	3.70%	2.58%
Beam Global	-95.63%	-61.84%	-35.88%

Summary

Miller Industries beats Beam Global on 8 of the 14 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 Beam Global

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs. The company is also involved in the development of EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. It offers its solutions for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, street lighting, telecommunications, energy infrastructure, and outdoor media and branding industries. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.