Head to Head Analysis: Volcon (NASDAQ:VLCN) and Mullen Automotive (NASDAQ:MULN)

Mullen Automotive (NASDAQ:MULN) and Volcon (NASDAQ:VLCN) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Analyst Recommendations

This is a breakdown of current recommendations for Mullen Automotive and Volcon, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mullen Automotive	0	0	0	0	N/A
Volcon	0	0	0	0	N/A

Insider & Institutional Ownership

11.7% of Mullen Automotive shares are owned by institutional investors. 1.3% of Mullen Automotive shares are owned by insiders. Comparatively, 0.1% of Volcon shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Mullen Automotive and Volcon’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mullen Automotive	N/A	N/A	N/A
Volcon	-1,167.13%	N/A	-111.48%

Risk & Volatility

Mullen Automotive has a beta of 1.73, meaning that its stock price is 73% more volatile than the S&P 500. Comparatively, Volcon has a beta of -0.94, meaning that its stock price is 194% less volatile than the S&P 500.

Earnings & Valuation

This table compares Mullen Automotive and Volcon’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Mullen Automotive	$156,570.00	22.01	-$972.26 million	N/A	N/A
Volcon	$3.26 million	2.09	-$45.07 million	N/A	N/A

Volcon has higher revenue and earnings than Mullen Automotive.

Summary

Mullen Automotive beats Volcon on 6 of the 8 factors compared between the two stocks.

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.

About Volcon

Volcon, Inc. develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications. The company was formerly known as Frog ePowersports, Inc. and changed its name to Volcon, Inc. in October 2020. Volcon, Inc. was incorporated in 2020 and is based in Round Rock, Texas.