Contrasting Envirotech Vehicles (NASDAQ:AZIO) and Digi Power X (NASDAQ:DGXX)

Envirotech Vehicles (NASDAQ:AZIO – Get Free Report) and Digi Power X (NASDAQ:DGXX – Get Free Report) are both small-cap technology companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, valuation and profitability.

Insider and Institutional Ownership

5.7% of Envirotech Vehicles shares are held by institutional investors. Comparatively, 1.9% of Digi Power X shares are held by institutional investors. 9.6% of Envirotech Vehicles shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Envirotech Vehicles and Digi Power X”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Envirotech Vehicles $5.94 million 2.70 -$39.13 million ($4.90) -0.19
Digi Power X $34.19 million 6.85 -$28.36 million ($0.54) -4.28

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

Analyst Ratings

This is a summary of recent recommendations for Envirotech Vehicles and Digi Power X, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Envirotech Vehicles 1 0 0 0 1.00
Digi Power X 1 0 2 0 2.33

Digi Power X has a consensus target price of $5.00, suggesting a potential upside of 116.45%. Given Digi Power X’s stronger consensus rating and higher possible upside, analysts clearly believe Digi Power X is more favorable than Envirotech Vehicles.

Volatility and Risk

Envirotech Vehicles has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, Digi Power X has a beta of 6.24, indicating that its share price is 524% more volatile than the S&P 500.

Profitability

This table compares Envirotech Vehicles and Digi Power X’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Envirotech Vehicles -331.76% N/A -219.83%
Digi Power X -116.79% -26.75% -24.92%

Summary

Digi Power X beats Envirotech Vehicles on 10 of the 14 factors compared between the two stocks.

About Envirotech Vehicles

(Get Free Report)

Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is headquartered in Osceola, Arkansas.

About Digi Power X

(Get Free Report)

Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.

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