Electrovaya (ELVA) Competitors $4.49 -0.19 (-3.96%) As of 03:13 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock ELVA vs. BLDP, BYRN, SES, EAF, RONI, NVX, FREY, NEOV, ULBI, and RAYAShould you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Ballard Power Systems (BLDP), Byrna Technologies (BYRN), SES AI (SES), GrafTech International (EAF), Rice Acquisition Corp. II (RONI), NOVONIX (NVX), FREYR Battery (FREY), NeoVolta (NEOV), Ultralife (ULBI), and Erayak Power Solution Group (RAYA). These companies are all part of the "electrical equipment" industry. Electrovaya vs. Its Competitors Ballard Power Systems Byrna Technologies SES AI GrafTech International Rice Acquisition Corp. II NOVONIX FREYR Battery NeoVolta Ultralife Erayak Power Solution Group Ballard Power Systems (NASDAQ:BLDP) and Electrovaya (NASDAQ:ELVA) are both small-cap electrical equipment companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, profitability, valuation, institutional ownership, dividends, risk and earnings. Is BLDP or ELVA more profitable? Electrovaya has a net margin of -0.06% compared to Ballard Power Systems' net margin of -430.17%. Electrovaya's return on equity of -0.21% beat Ballard Power Systems' return on equity.Company Net Margins Return on Equity Return on Assets Ballard Power Systems-430.17% -20.41% -17.90% Electrovaya -0.06%-0.21%-0.07% Which has more risk and volatility, BLDP or ELVA? Ballard Power Systems has a beta of 1.71, suggesting that its stock price is 71% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.47, suggesting that its stock price is 47% more volatile than the S&P 500. Does the media refer more to BLDP or ELVA? In the previous week, Ballard Power Systems had 1 more articles in the media than Electrovaya. MarketBeat recorded 6 mentions for Ballard Power Systems and 5 mentions for Electrovaya. Electrovaya's average media sentiment score of 0.99 beat Ballard Power Systems' score of 0.74 indicating that Electrovaya is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Ballard Power Systems 1 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Electrovaya 2 Very Positive mention(s) 2 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Which has stronger valuation and earnings, BLDP or ELVA? Electrovaya has lower revenue, but higher earnings than Ballard Power Systems. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioBallard Power Systems$69.73M9.01-$324.24M-$1.02-2.05Electrovaya$47.99M3.75-$1.49MN/AN/A Do analysts recommend BLDP or ELVA? Ballard Power Systems currently has a consensus target price of $2.14, suggesting a potential upside of 2.11%. Electrovaya has a consensus target price of $6.10, suggesting a potential upside of 36.01%. Given Electrovaya's stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than Ballard Power Systems.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Ballard Power Systems 6 Sell rating(s) 11 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 1.72Electrovaya 0 Sell rating(s) 0 Hold rating(s) 4 Buy rating(s) 1 Strong Buy rating(s) 3.20 Do institutionals & insiders hold more shares of BLDP or ELVA? 28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term. SummaryElectrovaya beats Ballard Power Systems on 9 of the 15 factors compared between the two stocks. Get Electrovaya News Delivered to You Automatically Sign up to receive the latest news and ratings for ELVA and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding ELVA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart ELVA vs. The Competition Export to ExcelMetricElectrovayaELEC PRODS IndustryComputer SectorNASDAQ ExchangeMarket Cap$179.88M$8.15B$28.84B$9.52BDividend YieldN/A1.71%3.01%3.99%P/E RatioN/A13.7034.1920.02Price / Sales3.7544.961,718.96104.32Price / CashN/A15.8538.6558.97Price / Book17.949.347.795.90Net Income-$1.49M$255.60M$781.95M$258.50M7 Day Performance21.54%6.25%0.94%2.12%1 Month Performance29.62%22.70%7.46%12.62%1 Year Performance78.33%-2.22%53,001.16%19.25% Electrovaya Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ELVAElectrovaya3.138 of 5 stars$4.49-4.0%$6.10+36.0%+85.0%$179.88M$47.99M0.0097BLDPBallard Power Systems0.516 of 5 stars$1.94+2.6%$2.14+10.3%-5.8%$566.72M$69.73M-1.901,370Gap UpBYRNByrna Technologies2.9631 of 5 stars$21.45-1.3%$38.75+80.7%+147.5%$493.58M$85.76M34.60150Analyst RevisionSESSES AI2.5719 of 5 stars$1.13-7.0%$1.50+33.3%+0.4%$443.89M$2.04M-3.75130Gap DownEAFGrafTech International1.6483 of 5 stars$1.33-9.2%$1.63+22.6%+40.7%$376.90M$538.78M-2.451,072News CoverageEarnings ReportGap DownRONIRice Acquisition Corp. IIN/A$2.79flatN/A-70.1%$336.90MN/A0.0024High Trading VolumeNVXNOVONIX0.9949 of 5 stars$1.82+16.7%N/A-15.6%$248.12M$5.85M0.00N/APositive NewsHigh Trading VolumeFREYFREYR Battery1.797 of 5 stars$1.48-1.3%$4.00+170.3%-8.7%$207.93MN/A-1.95210Gap DownNEOVNeoVolta1.1062 of 5 stars$4.47-2.0%$7.50+67.8%+103.9%$155.61M$2.64M-37.255Positive NewsGap UpULBIUltralife3.0137 of 5 stars$9.13+5.1%$14.00+53.3%-23.0%$144.54M$164.46M23.49560News CoverageRAYAErayak Power Solution GroupN/A$0.16-94.8%N/A-78.5%$137.80M$30.30M0.00120News CoveragePositive NewsHigh Trading Volume Related Companies and Tools Related Companies Ballard Power Systems Competitors Byrna Technologies Competitors SES AI Competitors GrafTech International Competitors Rice Acquisition Corp. II Competitors NOVONIX Competitors FREYR Battery Competitors NeoVolta Competitors Ultralife Competitors Erayak Power Solution Group Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:ELVA) was last updated on 7/25/2025 by MarketBeat.com Staff From Our PartnersINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredYour Bank Account Is No Longer SafeWhat If Washington Declared That: YOUR Money ISN'T Actually Yours? 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