Financial Review: Envirotech Vehicles (NASDAQ:EVTV) & Tesla (NASDAQ:TSLA)

Envirotech Vehicles (NASDAQ:EVTVGet Free Report) and Tesla (NASDAQ:TSLAGet Free Report) are both auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.

Volatility & Risk

Envirotech Vehicles has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500. Comparatively, Tesla has a beta of 1.8, meaning that its stock price is 80% more volatile than the S&P 500.

Profitability

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

Net Margins Return on Equity Return on Assets
Envirotech Vehicles -382.71% -1,284.22% -181.53%
Tesla 3.95% 4.89% 2.93%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Envirotech Vehicles and Tesla, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Envirotech Vehicles 1 0 0 0 1.00
Tesla 5 17 22 0 2.39

Tesla has a consensus target price of $404.37, indicating a potential upside of 3.42%. Given Tesla’s stronger consensus rating and higher possible upside, analysts plainly believe Tesla is more favorable than Envirotech Vehicles.

Valuation and Earnings

This table compares Envirotech Vehicles and Tesla”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Envirotech Vehicles $5.94 million 3.90 -$39.13 million ($6.45) -0.28
Tesla $94.83 billion 15.49 $3.79 billion $1.09 358.72

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

Institutional and Insider Ownership

5.7% of Envirotech Vehicles shares are held by institutional investors. Comparatively, 66.2% of Tesla shares are held by institutional investors. 17.8% of Envirotech Vehicles shares are held by insiders. Comparatively, 19.9% of Tesla shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Tesla beats Envirotech Vehicles on 14 of the 14 factors compared between the two stocks.

About Envirotech Vehicles

(Get Free Report)

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 Tesla

(Get Free Report)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

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