Bollinger Innovations (NASDAQ:BINI) & Volcon (NASDAQ:EMPD) Critical Survey

Volcon (NASDAQ:EMPD) and Bollinger Innovations (NASDAQ:BINI) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, earnings, dividends and risk.

Analyst Recommendations

This is a summary of current ratings and price targets for Volcon and Bollinger Innovations, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Volcon	1	0	0	1	2.50
Bollinger Innovations	0	0	0	0	0.00

Institutional & Insider Ownership

11.7% of Bollinger Innovations shares are owned by institutional investors. 0.1% of Volcon shares are owned by company insiders. Comparatively, 3.6% of Bollinger Innovations shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

Volcon has a beta of -0.61, meaning that its stock price is 161% less volatile than the S&P 500. Comparatively, Bollinger Innovations has a beta of -1.17, meaning that its stock price is 217% less volatile than the S&P 500.

Profitability

This table compares Volcon and Bollinger Innovations’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Volcon	-1,758.79%	-27.36%	-23.81%
Bollinger Innovations	-5,005.77%	N/A	-318.48%

Earnings & Valuation

This table compares Volcon and Bollinger Innovations”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Volcon	$4.04 million	40.84	-$45.51 million	($15.42)	-0.29
Bollinger Innovations	$9.34 million	0.00	-$457.06 million	N/A	N/A

Volcon has higher earnings, but lower revenue than Bollinger Innovations.

Summary

Volcon beats Bollinger Innovations on 7 of the 11 factors compared between the two stocks.

About Volcon

Volcon, Inc. develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications. The company was formerly known as Frog ePowersports, Inc. and changed its name to Volcon, Inc. in October 2020. Volcon, Inc. was incorporated in 2020 and is based in Round Rock, Texas.

About Bollinger Innovations

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.