REE Automotive (NASDAQ:REE) vs. Mullen Automotive (NASDAQ:MULN) Critical Survey

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

Risk and Volatility

Mullen Automotive has a beta of 1.84, meaning that its stock price is 84% more volatile than the S&P 500. Comparatively, REE Automotive has a beta of 3.03, meaning that its stock price is 203% more volatile than the S&P 500.

Earnings & Valuation

This table compares Mullen Automotive and REE Automotive”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 56.11 -$972.26 million N/A N/A
REE Automotive $1.61 million 70.70 -$114.21 million ($8.95) -1.21

REE Automotive has higher revenue and earnings than Mullen Automotive.

Profitability

This table compares Mullen Automotive and REE Automotive’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
REE Automotive -6,265.21% -119.91% -72.27%

Analyst Recommendations

This is a summary of recent ratings and target prices for Mullen Automotive and REE Automotive, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mullen Automotive 0 0 0 0 0.00
REE Automotive 0 0 2 1 3.33

REE Automotive has a consensus price target of $14.50, suggesting a potential upside of 33.89%. Given REE Automotive’s stronger consensus rating and higher possible upside, analysts clearly believe REE Automotive is more favorable than Mullen Automotive.

Insider and Institutional Ownership

11.7% of Mullen Automotive shares are held by institutional investors. Comparatively, 12.7% of REE Automotive shares are held by institutional investors. 0.3% of Mullen Automotive shares are held by company insiders. Comparatively, 6.0% of REE Automotive shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

REE Automotive beats Mullen Automotive on 10 of the 13 factors compared between the two stocks.

About Mullen Automotive

(Get Free Report)

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 REE Automotive

(Get Free Report)

REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.

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