CEA Industries Inc. (BNC) vs The Lion Electric Company (LEVGQ)

CEA Industries Inc. and The Lion Electric Company are both Farm & Heavy Construction Machinery companies. CEA Industries Inc. is the larger, with a market value of $256.5M against $56.6M — 4.5× the size. The Lion Electric Company has negative trailing earnings, so its P/E is not meaningful; CEA Industries Inc. trades at 1.6×. CEA Industries Inc. grew revenue faster over the last twelve months: −14.9% against −26.3%. CEA Industries Inc. has the higher net margin (362.3% vs −74.3%) and the lower return on invested capital (−38.0% vs −17.1%). Across the 17 metrics below, CEA Industries Inc. leads on 9 and The Lion Electric Company on 8.

Valuation

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
P/E 1.60 n/m 23.38
P/S 11.15 0.03 0.81
P/B 1.12 0.02 1.43
Price to free cash flow n/m n/m 25.31
EV/EBITDA n/m n/m 12.13
EV/Sales 11.45 1.55 1.20
Earnings yield 62.52% (2,950.00%) 2.73%
Free cash flow yield (126.37%) (2,616.63%) 3.02%

Profitability

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
Gross margin 29.19% (29.05%) 24.21%
Operating margin (622.73%) (85.22%) 4.47%
Net margin 362.28% (74.34%) 1.49%
Free cash flow margin (108.42%) (66.96%) 2.15%
Return on equity 70.89% (38.12%) 4.16%
Return on assets 60.66% (16.05%) 1.45%
Return on invested capital (37.95%) (17.10%) 3.36%

Growth

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
Revenue growth (TTM) (14.88%) (26.28%) 2.18%
EPS growth (last fiscal year) (99.38%) (611.11%) —
Revenue growth, 5-year CAGR 16.55% — 7.34%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
Debt to equity 0.05 1.06 0.67
Current ratio 0.62 1.12 1.98
Net debt to EBITDA 0.01 (2.50) 1.12

Dividend

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
Dividend yield — — 1.45%
Payout ratio 0.00 0.00 0.08

Size

Metric BNC LEVGQ Farm & Heavy Construction Machinery median
Market cap 256.51m 56.55m 772.81m

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