Reviewing PACCAR (PCAR) & Electrameccanica Vehs (ECCTF)
PACCAR (NASDAQ: PCAR) and Electrameccanica Vehs (OTCMKTS:ECCTF) are both auto/tires/trucks companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, valuation, risk, earnings, dividends, analyst recommendations and institutional ownership.
PACCAR pays an annual dividend of $1.12 per share and has a dividend yield of 1.8%. Electrameccanica Vehs does not pay a dividend. PACCAR pays out 26.3% of its earnings in the form of a dividend. PACCAR has raised its dividend for 8 consecutive years.
This table compares PACCAR and Electrameccanica Vehs’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional and Insider Ownership
63.0% of PACCAR shares are held by institutional investors. 2.6% of PACCAR 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.
Earnings and Valuation
This table compares PACCAR and Electrameccanica Vehs’ revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|PACCAR||$19.46 billion||1.15||$1.68 billion||$4.26||14.92|
PACCAR has higher revenue and earnings than Electrameccanica Vehs.
This is a summary of current ratings and target prices for PACCAR and Electrameccanica Vehs, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
PACCAR currently has a consensus target price of $71.77, indicating a potential upside of 12.91%. Given PACCAR’s higher probable upside, equities research analysts clearly believe PACCAR is more favorable than Electrameccanica Vehs.
PACCAR beats Electrameccanica Vehs on 10 of the 11 factors compared between the two stocks.
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally. It operates in three segments: Truck, Parts, and Financial Services. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods. This segment sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full service leasing operations under the PacLease trade name. This segment also provides equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owner/operators and other businesses; and truck inventory financing services to independent dealers. In addition, it offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and sells industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
About Electrameccanica Vehs
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name for mass markets. It operates in two segments, Electric Vehicles and Custom Build Vehicles. The company also develops and manufactures high end custom built vehicles. The company sells its vehicles online through electrameccanica.com Website. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.
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