Financial Review: Aeva Technologies (NYSE:AEVA) & Atmus Filtration Technologies (NYSE:ATMU)

Aeva Technologies (NYSE:AEVA) and Atmus Filtration Technologies (NYSE:ATMU) 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, dividends, earnings, profitability, valuation, institutional ownership and risk.

Earnings and Valuation

This table compares Aeva Technologies and Atmus Filtration Technologies”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Aeva Technologies	$6.54 million	33.49	-$149.33 million	($3.12)	-1.33
Atmus Filtration Technologies	$1.66 billion	1.97	$171.30 million	$1.96	19.91

Atmus Filtration Technologies has higher revenue and earnings than Aeva Technologies. Aeva Technologies is trading at a lower price-to-earnings ratio than Atmus Filtration Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Aeva Technologies and Atmus Filtration Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Aeva Technologies	-2,399.43%	-66.27%	-58.36%
Atmus Filtration Technologies	10.52%	187.12%	17.66%

Analyst Recommendations

This is a summary of current ratings for Aeva Technologies and Atmus Filtration Technologies, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Aeva Technologies	0	2	3	0	2.60
Atmus Filtration Technologies	0	0	5	0	3.00

Aeva Technologies presently has a consensus target price of $10.03, suggesting a potential upside of 141.86%. Atmus Filtration Technologies has a consensus target price of $42.80, suggesting a potential upside of 9.66%. Given Aeva Technologies’ higher possible upside, equities analysts plainly believe Aeva Technologies is more favorable than Atmus Filtration Technologies.

Insider & Institutional Ownership

62.9% of Aeva Technologies shares are owned by institutional investors. Comparatively, 32.7% of Atmus Filtration Technologies shares are owned by institutional investors. 34.6% of Aeva Technologies shares are owned by insiders. Comparatively, 0.4% of Atmus Filtration Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Aeva Technologies has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Atmus Filtration Technologies has a beta of 1.75, meaning that its share price is 75% more volatile than the S&P 500.

Summary

Atmus Filtration Technologies beats Aeva Technologies on 10 of the 14 factors compared between the two stocks.

About Aeva Technologies

Aeva Technologies, Inc. engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology. It offers Aeries II, a 4D LiDAR solution that consist of 4D LiDAR sensing system with embedded software for automotive grade production across passenger car, trucking, and mobility applications; and Atlas, a FMCW 4D LiDAR with simultaneous velocity and range detection for the automotive market. The company's products are also used in industrial automation, consumer device, and security market applications. Aeva Technologies, Inc. was founded in 2017 and is headquartered in Mountain View, California.

About Atmus Filtration Technologies

Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users. Its products are used in on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company was founded in 1958 and is headquartered in Nashville, Tennessee.