Financial Analysis: Polestar Automotive Holding UK (NASDAQ:PSNY) & Mullen Automotive (NASDAQ:MULN)

Mullen Automotive (NASDAQ:MULNGet Free Report) and Polestar Automotive Holding UK (NASDAQ:PSNYGet Free Report) are both auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, earnings, risk, dividends and analyst recommendations.

Insider and Institutional Ownership

11.7% of Mullen Automotive shares are owned by institutional investors. Comparatively, 1.0% of Polestar Automotive Holding UK shares are owned by institutional investors. 3.6% of Mullen Automotive shares are owned by company insiders. Comparatively, 0.0% of Polestar Automotive Holding UK shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Mullen Automotive and Polestar Automotive Holding UK’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Mullen Automotive -12,717.94% -2,736.27% -215.31%
Polestar Automotive Holding UK N/A N/A N/A

Valuation and Earnings

This table compares Mullen Automotive and Polestar Automotive Holding UK”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Mullen Automotive $4.01 million 0.00 -$457.06 million N/A N/A
Polestar Automotive Holding UK $2.03 billion 1.23 -$1.19 billion ($0.57) -2.05

Mullen Automotive has higher earnings, but lower revenue than Polestar Automotive Holding UK.

Analyst Recommendations

This is a summary of current ratings and price targets for Mullen Automotive and Polestar Automotive Holding UK, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mullen Automotive 0 0 0 0 0.00
Polestar Automotive Holding UK 2 4 0 0 1.67

Polestar Automotive Holding UK has a consensus price target of $1.51, suggesting a potential upside of 28.63%. Given Polestar Automotive Holding UK’s stronger consensus rating and higher probable upside, analysts plainly believe Polestar Automotive Holding UK is more favorable than Mullen Automotive.

Risk and Volatility

Mullen Automotive has a beta of 2.63, suggesting that its share price is 163% more volatile than the S&P 500. Comparatively, Polestar Automotive Holding UK has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500.

Summary

Polestar Automotive Holding UK beats Mullen Automotive on 7 of the 11 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 Polestar Automotive Holding UK

(Get Free Report)

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Receive News & Ratings for Mullen Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Automotive and related companies with MarketBeat.com's FREE daily email newsletter.