Bollinger Innovations (NASDAQ:BINI) versus Volcon (NASDAQ:EMPD) Critical Review

Bollinger Innovations (NASDAQ:BINI) and Volcon (NASDAQ:EMPD) 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 risk, profitability, dividends, institutional ownership, valuation, earnings and analyst recommendations.

Profitability

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

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

Insider & Institutional Ownership

11.7% of Bollinger Innovations shares are held by institutional investors. 3.6% of Bollinger Innovations shares are held by company insiders. Comparatively, 0.1% of Volcon shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Bollinger Innovations has a beta of -1.08, indicating that its stock price is 208% less volatile than the S&P 500. Comparatively, Volcon has a beta of -0.61, indicating that its stock price is 161% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Bollinger Innovations and Volcon, as provided by MarketBeat.com.

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

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bollinger Innovations	$9.34 million	0.01	-$457.06 million	N/A	N/A
Volcon	$4.04 million	39.76	-$45.51 million	($15.42)	-0.29

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

Summary

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

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.

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.