Lucid Group (NASDAQ:LCID – Get Rating) and Electrameccanica Vehicles (NASDAQ:SOLO – Get Rating) are both auto/tires/trucks companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends.
Institutional and Insider Ownership
70.3% of Lucid Group shares are owned by institutional investors. Comparatively, 10.9% of Electrameccanica Vehicles shares are owned by institutional investors. 62.5% of Lucid Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Get Lucid Group alerts:Analyst Ratings
This is a summary of current recommendations and price targets for Lucid Group and Electrameccanica Vehicles, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Lucid Group | 2 | 2 | 6 | 0 | 2.40 |
| Electrameccanica Vehicles | 0 | 0 | 0 | 0 | N/A |
Profitability
This table compares Lucid Group and Electrameccanica Vehicles' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Lucid Group | -1,030.53% | -34.45% | -19.66% |
| Electrameccanica Vehicles | -1,613.39% | -29.25% | -27.66% |
Volatility & Risk
Lucid Group has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, Electrameccanica Vehicles has a beta of 2.32, indicating that its share price is 132% more volatile than the S&P 500.
Valuation & Earnings
This table compares Lucid Group and Electrameccanica Vehicles' top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Lucid Group | $27.11 million | 867.56 | -$2.58 billion | -1.45 | -9.70 |
| Electrameccanica Vehicles | $2.10 million | 71.73 | -$41.33 million | ($0.58) | -2.19 |
Electrameccanica Vehicles has lower revenue, but higher earnings than Lucid Group. Lucid Group is trading at a lower price-to-earnings ratio than Electrameccanica Vehicles, indicating that it is currently the more affordable of the two stocks.
Summary
Lucid Group beats Electrameccanica Vehicles on 8 of the 13 factors compared between the two stocks.
About Lucid Group
(Get Rating)
Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.
About Electrameccanica Vehicles
(Get Rating)
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.
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