CBAT vs. ELVA, FLUX, DFLI, GWH, STEM, ULBI, NVX, KOPN, SANG, and KVHI
Should you be buying CBAK Energy Technology stock or one of its competitors? The main competitors of CBAK Energy Technology include Electrovaya (ELVA), Flux Power (FLUX), Dragonfly Energy (DFLI), ESS Tech (GWH), Stem (STEM), Ultralife (ULBI), NOVONIX (NVX), Kopin (KOPN), Sangoma Technologies (SANG), and KVH Industries (KVHI). These companies are all part of the "computer and technology" sector.
Electrovaya (NASDAQ:ELVA) and CBAK Energy Technology (NASDAQ:CBAT) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, community ranking, dividends, profitability, earnings, media sentiment, valuation and risk.
CBAK Energy Technology received 108 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 66.28% of users gave CBAK Energy Technology an outperform vote.
22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 2.0% of CBAK Energy Technology shares are owned by institutional investors. 12.9% of CBAK Energy Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Electrovaya has higher earnings, but lower revenue than CBAK Energy Technology. CBAK Energy Technology is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.
Electrovaya has a net margin of 1.79% compared to Electrovaya's net margin of -0.50%. CBAK Energy Technology's return on equity of 12.44% beat Electrovaya's return on equity.
Electrovaya presently has a consensus target price of $11.33, indicating a potential upside of 254.17%. Given CBAK Energy Technology's higher probable upside, research analysts clearly believe Electrovaya is more favorable than CBAK Energy Technology.
In the previous week, CBAK Energy Technology had 7 more articles in the media than Electrovaya. MarketBeat recorded 10 mentions for CBAK Energy Technology and 3 mentions for Electrovaya. Electrovaya's average media sentiment score of 1.08 beat CBAK Energy Technology's score of 0.22 indicating that CBAK Energy Technology is being referred to more favorably in the news media.
Summary
Electrovaya beats CBAK Energy Technology on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CBAT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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