Magnis Energy Technologies (OTCMKTS:MNSEF) versus Solid Power (NASDAQ:SLDP) Critical Analysis

Magnis Energy Technologies (OTCMKTS:MNSEF) and Solid Power (NASDAQ:SLDP) are both industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, profitability and institutional ownership.

Institutional and Insider Ownership

25.6% of Solid Power shares are held by institutional investors. 6.8% of Solid Power shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and target prices for Magnis Energy Technologies and Solid Power, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Magnis Energy Technologies	0	0	0	0	N/A
Solid Power	1	3	2	0	2.17

Solid Power has a consensus target price of $3.58, suggesting a potential upside of 137.31%. Given Solid Power’s higher possible upside, analysts plainly believe Solid Power is more favorable than Magnis Energy Technologies.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Magnis Energy Technologies	N/A	N/A	N/A
Solid Power	-243.92%	-8.77%	-8.28%

Earnings & Valuation

This table compares Magnis Energy Technologies and Solid Power’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Magnis Energy Technologies	N/A	N/A	N/A	N/A	N/A
Solid Power	$19.26 million	13.99	-$9.56 million	($0.26)	-5.81

Magnis Energy Technologies has higher earnings, but lower revenue than Solid Power.

Summary

Solid Power beats Magnis Energy Technologies on 5 of the 8 factors compared between the two stocks.

About Magnis Energy Technologies

Magnis Energy Technologies Ltd engages in the exploration and development of graphite deposits in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in Ruangwa, south-east Tanzania. It also invests in the lithium-ion batteries. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Ltd was incorporated in 2005 and is based in Sydney, Australia.

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 sell its sulfide-based solid electrolyte and to license 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.