Ayro (NASDAQ:AYRO) and KORE Group (NYSE:KORE) Critical Review

Ayro (NASDAQ:AYRO) and KORE Group (NYSE:KORE) are both small-cap auto/tires/trucks companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, earnings, valuation and institutional ownership.

Risk & Volatility

Ayro has a beta of 3.32, indicating that its share price is 232% more volatile than the S&P 500. Comparatively, KORE Group has a beta of 2.81, indicating that its share price is 181% more volatile than the S&P 500.

Institutional & Insider Ownership

5.7% of Ayro shares are held by institutional investors. Comparatively, 57.5% of KORE Group shares are held by institutional investors. 3.8% of Ayro shares are held by insiders. Comparatively, 0.8% of KORE Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Ayro and KORE Group’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ayro	$500,000.00	13.63	-$34.16 million	($8.20)	-0.17
KORE Group	$276.61 million	0.24	-$167.04 million	($1.93)	-0.39

Ayro has higher earnings, but lower revenue than KORE Group. KORE Group is trading at a lower price-to-earnings ratio than Ayro, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings and target prices for Ayro and KORE Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ayro	0	0	0	0	N/A
KORE Group	0	2	3	0	2.60

KORE Group has a consensus target price of $2.94, indicating a potential upside of 286.79%. Given KORE Group’s higher possible upside, analysts plainly believe KORE Group is more favorable than Ayro.

Profitability

This table compares Ayro and KORE Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ayro	-6,845.89%	-84.34%	-53.11%
KORE Group	-60.39%	-85.34%	-14.75%

Summary

KORE Group beats Ayro on 7 of the 13 factors compared between the two stocks.

About Ayro

Ayro, Inc. designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. It provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. The company also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; AYRO 411x, an electric four-wheel light-duty utility trucks that are sold through its contracted partners; Club Car, as part of a global multi-year sustainability solution development, sales, and marketing agreement. In addition, it designs and develops AYRO Vanish fleet of vehicles. The company was formerly known as AEV Technologies, Inc. Ayro, Inc. was founded in 1997 and is headquartered in Round Rock, Texas.

About KORE Group

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology and applications for the Machine-to-Machine market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. The company was founded in 2002 and is headquartered in Atlanta, Georgia.