Solid Power (NASDAQ:SLDP) & Gentex (NASDAQ:GNTX) Head-To-Head Survey

Solid Power (NASDAQ:SLDP) and Gentex (NASDAQ:GNTX) are both auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, profitability, earnings, dividends, risk and institutional ownership.

Insider and Institutional Ownership

33.7% of Solid Power shares are owned by institutional investors. Comparatively, 86.8% of Gentex shares are owned by institutional investors. 5.7% of Solid Power shares are owned by insiders. Comparatively, 0.6% of Gentex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Solid Power and Gentex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Solid Power	-429.54%	-23.88%	-22.13%
Gentex	14.75%	16.27%	13.82%

Analyst Ratings

This is a summary of current recommendations and price targets for Solid Power and Gentex, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Solid Power	1	1	2	0	2.25
Gentex	0	6	1	1	2.38

Solid Power presently has a consensus target price of $7.00, suggesting a potential upside of 90.74%. Gentex has a consensus target price of $26.50, suggesting a potential upside of 10.97%. Given Solid Power’s higher possible upside, equities research analysts clearly believe Solid Power is more favorable than Gentex.

Risk & Volatility

Solid Power has a beta of 1.94, indicating that its share price is 94% more volatile than the S&P 500. Comparatively, Gentex has a beta of 0.77, indicating that its share price is 23% less volatile than the S&P 500.

Earnings & Valuation

This table compares Solid Power and Gentex”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Solid Power	$21.75 million	37.22	-$93.41 million	($0.50)	-7.34
Gentex	$2.53 billion	2.01	$384.84 million	$1.74	13.72

Gentex has higher revenue and earnings than Solid Power. Solid Power is trading at a lower price-to-earnings ratio than Gentex, indicating that it is currently the more affordable of the two stocks.

Summary

Gentex beats Solid Power on 10 of the 15 factors compared between the two stocks.

About Solid Power

Solid Power, Inc. develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells. Solid Power, Inc. was founded in 2011 and is headquartered in Louisville, Colorado.

About Gentex

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.