Financial Survey: Lion Electric (NYSE:LEV) versus Mullen Automotive (NASDAQ:MULN)

Lion Electric (NYSE:LEV) and Mullen Automotive (NASDAQ:MULN) are both small-cap auto/tires/trucks companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, dividends and valuation.

Risk and Volatility

Lion Electric has a beta of 2.14, suggesting that its share price is 114% more volatile than the S&P 500. Comparatively, Mullen Automotive has a beta of 1.72, suggesting that its share price is 72% more volatile than the S&P 500.

Earnings & Valuation

This table compares Lion Electric and Mullen Automotive”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Lion Electric	$226.53 million	0.66	-$103.77 million	($0.49)	-1.34
Mullen Automotive	$156,570.00	257.00	-$972.26 million	N/A	N/A

Lion Electric has higher revenue and earnings than Mullen Automotive.

Insider and Institutional Ownership

52.7% of Lion Electric shares are owned by institutional investors. Comparatively, 11.7% of Mullen Automotive shares are owned by institutional investors. 16.6% of Lion Electric shares are owned by company insiders. Comparatively, 1.3% of Mullen Automotive shares are owned 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 Lion Electric and Mullen Automotive’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Lion Electric	-51.81%	-26.26%	-11.31%
Mullen Automotive	N/A	N/A	N/A

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Lion Electric and Mullen Automotive, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Lion Electric	0	7	1	1	2.33
Mullen Automotive	0	0	0	0	N/A

Lion Electric currently has a consensus price target of $1.52, suggesting a potential upside of 131.78%. Given Lion Electric’s higher possible upside, analysts plainly believe Lion Electric is more favorable than Mullen Automotive.

Summary

Lion Electric beats Mullen Automotive on 8 of the 12 factors compared between the two stocks.

About Lion Electric

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories. The company was incorporated in 2008 and is based in Saint-Jérôme, Canada.

About Mullen Automotive

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.