Critical Comparison: Lotus Technology (NASDAQ:LOT) vs. Ideanomics (NASDAQ:IDEX)

Lotus Technology (NASDAQ:LOT) and Ideanomics (NASDAQ:IDEX) are both auto/tires/trucks companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, risk and analyst recommendations.

Volatility & Risk

Lotus Technology has a beta of 0.13, suggesting that its stock price is 87% less volatile than the S&P 500. Comparatively, Ideanomics has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500.

Insider & Institutional Ownership

63.4% of Lotus Technology shares are held by institutional investors. Comparatively, 4.4% of Ideanomics shares are held by institutional investors. 0.2% of Lotus Technology shares are held by company insiders. Comparatively, 0.6% of Ideanomics shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Lotus Technology and Ideanomics”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Lotus Technology	$679.01 million	2.96	-$742.00 million	($1.56)	-1.90
Ideanomics	$15.46 million	0.01	-$223.83 million	($61.35)	0.00

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

Profitability

This table compares Lotus Technology and Ideanomics’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Lotus Technology	-87.61%	N/A	-38.53%
Ideanomics	N/A	N/A	N/A

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Lotus Technology and Ideanomics, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Lotus Technology	0	1	0	0	2.00
Ideanomics	0	0	0	0	0.00

Lotus Technology currently has a consensus price target of $7.00, indicating a potential upside of 135.69%. Given Lotus Technology’s stronger consensus rating and higher probable upside, analysts clearly believe Lotus Technology is more favorable than Ideanomics.

About Lotus Technology

Lotus Technology Inc. engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc. is based in Shanghai, China.

About Ideanomics

Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators. This business unit provides solutions for the procurement, financing, charging, and energy management needs for the fleet operators of commercial EVs; and zero emission mobility solutions, such as the provision of commercial electric vans, trucks, buses, electric tractors, and two-wheeled transportation, supporting by the provision of energy services and infrastructure for the EV market comprising charging systems, energy storage, and energy generation, including hydrogen and solar, and associated data and management applications. It also offers high-power inductive charging solutions for medium and heavy-duty EVs; manufactures and distributes electric powered tractors; manufactures and sells electric and hybrid electric propulsion kits, as well as electric motorcycles; sells EV bikes, scooters, and batteries under the Treeletrik brand; and designs, manufactures, and markets electric commercial vehicles, as well as performs retrofits to convert diesel powered specialty vehicles. The company's Ideanomics Capital business unit provides financing services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. This business unit offers solutions for the real estate transactions, including title and escrow, residential and commercial title insurance, and closing and settlement services, as well as specialized offerings for the mortgage industry; and acts as the Financial Industry Regulatory Authority-registered broker dealer that operates a platform focused on private equity and debt. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.