Canoo (NASDAQ:GOEV) and PHINIA (NYSE:PHIN) Head-To-Head Contrast

Canoo (NASDAQ:GOEV) and PHINIA (NYSE:PHIN) are both small-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership.

Volatility & Risk

Canoo has a beta of 1.29, meaning that its stock price is 29% more volatile than the S&P 500. Comparatively, PHINIA has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500.

Institutional and Insider Ownership

36.2% of Canoo shares are held by institutional investors. Comparatively, 90.9% of PHINIA shares are held by institutional investors. 9.7% of Canoo shares are held by company insiders. Comparatively, 1.5% of PHINIA shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Canoo and PHINIA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canoo	N/A	-97.99%	-35.14%
PHINIA	2.48%	8.04%	3.69%

Earnings and Valuation

This table compares Canoo and PHINIA’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canoo	$1.49 million	56.56	-$302.02 million	($10.49)	-0.12
PHINIA	$3.50 billion	0.57	$102.00 million	N/A	N/A

PHINIA has higher revenue and earnings than Canoo.

Analyst Ratings

This is a breakdown of current ratings and price targets for Canoo and PHINIA, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canoo	0	2	5	0	2.71
PHINIA	0	0	2	0	3.00

Canoo presently has a consensus target price of $23.04, indicating a potential upside of 1,773.31%. PHINIA has a consensus target price of $52.50, indicating a potential upside of 15.56%. Given Canoo’s higher probable upside, analysts plainly believe Canoo is more favorable than PHINIA.

Summary

PHINIA beats Canoo on 8 of the 13 factors compared between the two stocks.

About Canoo

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services. In addition, the company provides digital ecosystem, a suite of products and software tools comprising CanooHub, a web-based fleet management portal; driver mobile app for real-time vehicle status and access to remote commands; vehicle human machine interface that encompasses vehicle controls, customizable settings, range mode, cruise control, vehicle alerts, camera feeds for safety and connectivity, such as cellular, Wi-Fi and Bluetooth, as well as data and analytics infrastructure. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

About PHINIA

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising associated software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and other new and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions. It servs original equipment manufacturers of passenger cars, trucks, vans, sport-utility vehicles, medium-duty and heavy-duty trucks, and buses, as well as other off-highway construction, marine, and agricultural and industrial applications. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.