Nuvve (NASDAQ:NVVE – Get Free Report) and American Axle & Manufacturing (NYSE:AXL – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, institutional ownership, profitability, valuation, analyst recommendations, risk and dividends.
Risk & Volatility
Nuvve has a beta of 2.07, suggesting that its share price is 107% more volatile than the S&P 500. Comparatively, American Axle & Manufacturing has a beta of 1.53, suggesting that its share price is 53% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings for Nuvve and American Axle & Manufacturing, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Nuvve | 1 | 0 | 0 | 0 | 1.00 |
American Axle & Manufacturing | 0 | 5 | 3 | 0 | 2.38 |
Profitability
This table compares Nuvve and American Axle & Manufacturing’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Nuvve | -542.59% | N/A | -154.27% |
American Axle & Manufacturing | 0.73% | 8.90% | 1.05% |
Earnings & Valuation
This table compares Nuvve and American Axle & Manufacturing”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Nuvve | $5.29 million | 1.08 | -$17.40 million | ($14.22) | -0.02 |
American Axle & Manufacturing | $6.12 billion | 0.12 | $33.80 million | $0.34 | 18.34 |
American Axle & Manufacturing has higher revenue and earnings than Nuvve. Nuvve is trading at a lower price-to-earnings ratio than American Axle & Manufacturing, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
19.0% of Nuvve shares are held by institutional investors. Comparatively, 91.4% of American Axle & Manufacturing shares are held by institutional investors. 10.6% of Nuvve shares are held by company insiders. Comparatively, 2.1% of American Axle & Manufacturing shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
American Axle & Manufacturing beats Nuvve on 11 of the 14 factors compared between the two stocks.
About Nuvve
Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. In addition, the company offers networked charging stations, infrastructure, software, professional services, support, monitoring, and parts and labor warranties required to run electric vehicle fleets. It serves its products to owners/operators of light duty fleets, heavy duty fleets, automotive manufacturers, charge point operators, and strategic partners. The company was founded in 2010 and is headquartered in San Diego, California.
About American Axle & Manufacturing
American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994, and is headquartered in Detroit, MI.
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