Motorcar Parts of America (NASDAQ:MPAA) and Canoo (NYSE:GOEV) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
Volatility and Risk
Motorcar Parts of America has a beta of 1.86, meaning that its stock price is 86% more volatile than the S&P 500. Comparatively, Canoo has a beta of 0.42, meaning that its stock price is 58% less volatile than the S&P 500.
This table compares Motorcar Parts of America and Canoo’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Motorcar Parts of America||0.59%||10.44%||3.84%|
Valuation & Earnings
This table compares Motorcar Parts of America and Canoo’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Motorcar Parts of America||$535.83 million||0.79||-$7.29 million||$1.44||15.45|
Canoo has lower revenue, but higher earnings than Motorcar Parts of America.
This is a breakdown of current recommendations and price targets for Motorcar Parts of America and Canoo, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Motorcar Parts of America||0||1||2||0||2.67|
Motorcar Parts of America currently has a consensus target price of $23.00, indicating a potential upside of 3.37%. Canoo has a consensus target price of $15.00, indicating a potential upside of 57.40%. Given Canoo’s higher probable upside, analysts clearly believe Canoo is more favorable than Motorcar Parts of America.
Motorcar Parts of America beats Canoo on 7 of the 9 factors compared between the two stocks.
Motorcar Parts of America Company Profile
Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake-related products comprising brake calipers, brake boosters, and brake master cylinders; and diagnostics and other products, which consist of diagnostics systems and advanced power emulators that are used for development of electric vehicles and aerospace applications, as well as power electronic products for the development and production of electric vehicles and turbochargers. It also designs and manufactures test solutions for performance, endurance, and production testing of electric motors, inverters, alternators, starters, and belt starter generators for the original equipment, aerospace, and aftermarket. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.
Canoo Company Profile
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers business-to-business (B2B) delivery vehicles, multi-purpose delivery vehicles, lifestyle vehicles, and sport vehicles using skateboard architecture technology. It intends to serve small businesses, independent contractors, service technicians, retailers, large corporations, logistics companies, fleet managers, and others. The company was founded in 2017 and is headquartered in Torrance, California.
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