Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) and Canoo (NASDAQ:GOEV – Get Free Report) are both industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, profitability, risk, analyst recommendations, dividends, earnings and institutional ownership.
Insider & Institutional Ownership
32.7% of Atmus Filtration Technologies shares are owned by institutional investors. Comparatively, 36.2% of Canoo shares are owned by institutional investors. 0.4% of Atmus Filtration Technologies shares are owned by company insiders. Comparatively, 7.1% of Canoo shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Analyst Recommendations
This is a breakdown of recent ratings and recommmendations for Atmus Filtration Technologies and Canoo, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Atmus Filtration Technologies | 0 | 1 | 4 | 0 | 2.80 |
| Canoo | 0 | 2 | 5 | 0 | 2.71 |
Earnings and Valuation
This table compares Atmus Filtration Technologies and Canoo”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Atmus Filtration Technologies | $1.66 billion | 2.16 | $171.30 million | $2.15 | 20.06 |
| Canoo | $890,000.00 | 49.28 | -$302.02 million | ($7.36) | -0.07 |
Atmus Filtration Technologies has higher revenue and earnings than Canoo. Canoo is trading at a lower price-to-earnings ratio than Atmus Filtration Technologies, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Atmus Filtration Technologies and Canoo’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Atmus Filtration Technologies | 10.84% | 134.28% | 17.61% |
| Canoo | N/A | -97.99% | -35.14% |
Risk and Volatility
Atmus Filtration Technologies has a beta of 1.68, suggesting that its share price is 68% more volatile than the S&P 500. Comparatively, Canoo has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500.
Summary
Atmus Filtration Technologies beats Canoo on 9 of the 14 factors compared between the two stocks.
About Atmus Filtration Technologies
Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users. Its products are used in on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company was founded in 1958 and is headquartered in Nashville, Tennessee.
About Canoo
Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services. In addition, the company provides digital ecosystem, a suite of products and software tools comprising CanooHub, a web-based fleet management portal; driver mobile app for real-time vehicle status and access to remote commands; vehicle human machine interface that encompasses vehicle controls, customizable settings, range mode, cruise control, vehicle alerts, camera feeds for safety and connectivity, such as cellular, Wi-Fi and Bluetooth, as well as data and analytics infrastructure. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.
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