ChargePoint (NYSE:CHPT) and Miller Industries (NYSE:MLR) Financial Contrast

Miller Industries (NYSE:MLR) and ChargePoint (NYSE:CHPT) are both small-cap auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.

Institutional and Insider Ownership

79.2% of Miller Industries shares are owned by institutional investors. Comparatively, 37.8% of ChargePoint shares are owned by institutional investors. 4.4% of Miller Industries shares are owned by company insiders. Comparatively, 3.5% of ChargePoint shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk and Volatility

Miller Industries has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500. Comparatively, ChargePoint has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Miller Industries and ChargePoint, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Miller Industries	0	2	1	0	2.33
ChargePoint	3	8	1	0	1.83

Miller Industries presently has a consensus price target of $55.00, indicating a potential upside of 42.86%. ChargePoint has a consensus price target of $12.65, indicating a potential upside of 77.67%. Given ChargePoint’s higher possible upside, analysts plainly believe ChargePoint is more favorable than Miller Industries.

Earnings & Valuation

This table compares Miller Industries and ChargePoint”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Miller Industries	$1.26 billion	0.35	$63.49 million	$2.60	14.81
ChargePoint	$417.08 million	0.40	-$277.07 million	($10.28)	-0.69

Miller Industries has higher revenue and earnings than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Miller Industries, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Miller Industries and ChargePoint’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Miller Industries	3.59%	7.32%	4.76%
ChargePoint	-59.54%	-209.46%	-21.77%

Summary

Miller Industries beats ChargePoint on 10 of the 13 factors compared between the two stocks.

About Miller Industries

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.

About ChargePoint

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.