REE Automotive (REE) and Its Rivals Head to Head Contrast

REE Automotive (NASDAQ:REE – Get Free Report) is one of 148 public companies in the “Automobile Components” industry, but how does it weigh in compared to its rivals? We will compare REE Automotive to related companies based on the strength of its profitability, valuation, earnings, analyst recommendations, dividends, risk and institutional ownership.

Valuation and Earnings

This table compares REE Automotive and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
REE Automotive $1.30 million -$55.81 million -0.01
REE Automotive Competitors $6.49 billion $70.54 million 5.24

REE Automotive’s rivals have higher revenue and earnings than REE Automotive. REE Automotive is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of current ratings for REE Automotive and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 1 0 0 0 1.00
REE Automotive Competitors 1083 4487 6122 202 2.46

As a group, “Automobile Components” companies have a potential upside of 71.89%. Given REE Automotive’s rivals stronger consensus rating and higher probable upside, analysts plainly believe REE Automotive has less favorable growth aspects than its rivals.

Risk and Volatility

REE Automotive has a beta of 2.4, suggesting that its stock price is 140% more volatile than the S&P 500. Comparatively, REE Automotive’s rivals have a beta of 3.88, suggesting that their average stock price is 288% more volatile than the S&P 500.

Profitability

This table compares REE Automotive and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A N/A N/A
REE Automotive Competitors -41.04% -0.36% -2.05%

Institutional & Insider Ownership

12.7% of REE Automotive shares are held by institutional investors. Comparatively, 48.3% of shares of all “Automobile Components” companies are held by institutional investors. 19.6% of shares of all “Automobile Components” companies are held by 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 rivals beat REE Automotive on 10 of the 13 factors compared.

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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