Reviewing Solid Power (NASDAQ:SLDP) and Nuvve (NASDAQ:NVVE)

Solid Power (NASDAQ:SLDP) and Nuvve (NASDAQ:NVVE) 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.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Solid Power and Nuvve, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Solid Power	1	1	2	0	2.25
Nuvve	1	0	0	0	1.00

Solid Power presently has a consensus target price of $7.00, indicating a potential upside of 127.27%. Given Solid Power’s stronger consensus rating and higher possible upside, equities analysts clearly believe Solid Power is more favorable than Nuvve.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Solid Power	-485.47%	-23.46%	-21.58%
Nuvve	-640.26%	N/A	-158.84%

Insider & Institutional Ownership

33.7% of Solid Power shares are held by institutional investors. Comparatively, 19.0% of Nuvve shares are held by institutional investors. 5.7% of Solid Power shares are held by company insiders. Comparatively, 17.5% of Nuvve 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.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Solid Power	$21.75 million	31.24	-$93.41 million	($0.48)	-6.42
Nuvve	$4.23 million	0.51	-$30.82 million	($255.98)	0.00

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

Volatility and Risk

Solid Power has a beta of 1.91, indicating that its stock price is 91% more volatile than the S&P 500. Comparatively, Nuvve has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500.

Summary

Solid Power beats Nuvve on 10 of the 14 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 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.