Reviewing Envirotech Vehicles (NASDAQ:EVTV) and Fly-E Group (NASDAQ:FLYE)

Fly-E Group (NASDAQ:FLYE) and Envirotech Vehicles (NASDAQ:EVTV) are both small-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, risk, analyst recommendations, dividends, institutional ownership and profitability.

Insider and Institutional Ownership

5.7% of Envirotech Vehicles shares are held by institutional investors. 17.8% of Fly-E Group shares are held by insiders. Comparatively, 17.8% of Envirotech Vehicles shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Fly-E Group and Envirotech Vehicles’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fly-E Group	N/A	N/A	N/A
Envirotech Vehicles	-382.71%	-1,284.22%	-181.53%

Risk and Volatility

Fly-E Group has a beta of -0.77, meaning that its stock price is 177% less volatile than the S&P 500. Comparatively, Envirotech Vehicles has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500.

Valuation and Earnings

This table compares Fly-E Group and Envirotech Vehicles”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fly-E Group	$25.43 million	0.12	N/A	N/A	N/A
Envirotech Vehicles	$5.94 million	5.53	-$39.13 million	($6.45)	-0.39

Fly-E Group has higher revenue and earnings than Envirotech Vehicles.

Analyst Ratings

This is a breakdown of recent ratings for Fly-E Group and Envirotech Vehicles, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fly-E Group	1	0	0	0	1.00
Envirotech Vehicles	1	0	0	0	1.00

Summary

Fly-E Group beats Envirotech Vehicles on 5 of the 8 factors compared between the two stocks.

About Fly-E Group

Fly-E Group, Inc. engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-motorcycles, e-tricycles, e-bikes, and e-scooters; and traditional bikes. The company also provides accessories and spare parts, including raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. It also operates retail stores; and offers repair, maintenance, bodywork, and other value added services. The company was founded in 2018 and is based in Flushing, New York.

About Envirotech Vehicles

Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is headquartered in Osceola, Arkansas.