REE Automotive (REE) vs. The Competition Head-To-Head Contrast

REE Automotive (NASDAQ:REE) is one of 148 publicly-traded companies in the “Automobile Components” industry, but how does it compare to its peers? We will compare REE Automotive to similar companies based on the strength of its institutional ownership, profitability, dividends, analyst recommendations, valuation, earnings and risk.

Insider & Institutional 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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility & Risk

REE Automotive has a beta of 2.4, meaning that its stock price is 140% more volatile than the S&P 500. Comparatively, REE Automotive’s peers have a beta of 3.70, meaning that their average stock price is 270% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for REE Automotive and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
REE Automotive	1	0	0	0	1.00
REE Automotive Competitors	1082	4474	6111	202	2.46

As a group, “Automobile Components” companies have a potential upside of 71.98%. Given REE Automotive’s peers stronger consensus rating and higher probable upside, analysts plainly believe REE Automotive has less favorable growth aspects than its peers.

Profitability

This table compares REE Automotive and its peers’ 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	-41.10%	-0.33%	-2.07%

Earnings & Valuation

This table compares REE Automotive and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
REE Automotive	$1.30 million	-$55.81 million	-0.01
REE Automotive Competitors	$7.67 billion	$70.54 million	5.69

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

Summary

REE Automotive peers beat REE Automotive on 10 of the 13 factors compared.

About REE Automotive

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.