How Does Solid Power Stock Compare With Peers?
With Solid Power surging 52% in a Day, it makes sense to re-evaluate vs its peers. Consistently assessing alternatives is core to a sound investment approach. Here is how Solid Power (SLDP) stock stacks up against its peers in size, valuation, growth and margin.
- SLDP’s operating margin of -480.1% is negative, lowest among peers; VC has 9.1%.
- SLDP’s revenue growth of 14.8% in the last 12 months is strong, outpacing PATK, VC, CVGI.
- SLDP gained 609.2% in the past year and trades at a PE of -16.0, outperforming its peers.
As a quick background, Solid Power provides all-solid-state battery cells for electric vehicles and mobile power markets, focusing on advanced energy storage solutions.
A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. Trefis works with Empirical Asset Management — a Boston area wealth manager — whose asset allocation strategies yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Empirical has incorporated the Trefis HQ Portfolio in this asset allocation framework to provide clients with higher returns while taking on lower levels of risk versus the benchmark index.
| SLDP | PATK | VC | CVGI | |
|---|---|---|---|---|
| Market Cap ($ Bil) | 1.6 | 3.5 | 2.9 | 0.1 |
| Revenue ($ Bil) | 0.0 | 3.8 | 3.8 | 0.7 |
| PE Ratio | -16.0 | 27.5 | 9.4 | -1.3 |
| LTM Revenue Growth | 14.8% | 6.1% | -4.0% | -13.8% |
| LTM Operating Margin | -480.1% | 7.0% | 9.1% | -0.6% |
| LTM FCF Margin | -386.2% | 6.1% | 9.7% | -3.3% |
| 12M Market Return | 609.2% | 37.0% | 16.6% | -38.3% |
Why does this matter? SLDP just went up 54.2% in a week – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell SLDP Stock to see if Solid Power holds up as a quality investment.
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| SLDP | 14.8% | 15.7% | 47.7% | 334.7% |
| PATK | 6.1% | 7.1% | -29.0% | 19.7% |
| VC | -4.0% | -2.2% | 5.3% | 35.4% |
| CVGI | -13.8% | -13.4% | 6.8% | -19.5% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| SLDP | -480.1% | -523.0% | -520.5% | -501.5% |
| PATK | 7.0% | 6.9% | 7.5% | 10.2% |
| VC | 9.1% | 8.4% | 7.1% | 4.8% |
| CVGI | -0.6% | -0.1% | 4.8% | 3.2% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| SLDP | -16.0 | -3.5 | -3.9 | -46.4 |
| PATK | 27.5 | 19.6 | 15.1 | 4.1 |
| VC | 9.4 | 8.9 | 7.2 | 29.6 |
| CVGI | -1.3 | -3.0 | 4.7 | -10.0 |
While peer comparison is critical, the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.