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Electrovaya (ELVA) Competitors

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$6.60 -0.84 (-11.29%)
Closing price 04:00 PM Eastern
Extended Trading
$6.81 +0.21 (+3.17%)
As of 04:20 PM Eastern
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ELVA vs. SLDP, BLDP, NPWR, SES, BYRN, NRGV, FREY, EAF, RONI, and NVX

Should you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Solid Power (SLDP), Ballard Power Systems (BLDP), NET Power (NPWR), SES AI (SES), Byrna Technologies (BYRN), Energy Vault (NRGV), FREYR Battery (FREY), GrafTech International (EAF), Rice Acquisition Corp. II (RONI), and NOVONIX (NVX). These companies are all part of the "electrical equipment" industry.

Electrovaya vs. Its Competitors

Electrovaya (NASDAQ:ELVA) and Solid Power (NASDAQ:SLDP) are both small-cap electrical equipment companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, valuation, earnings, profitability, dividends, risk, analyst recommendations and institutional ownership.

22.5% of Electrovaya shares are held by institutional investors. Comparatively, 33.7% of Solid Power shares are held by institutional investors. 4.9% of Solid Power shares are held 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 revenue and earnings than Solid Power. Solid Power is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Electrovaya$54.85M4.83-$1.49M$0.03220.00
Solid Power$20.14M34.11-$96.52M-$0.52-7.29

Electrovaya presently has a consensus target price of $6.13, indicating a potential downside of 7.20%. Solid Power has a consensus target price of $4.00, indicating a potential upside of 5.54%. Given Solid Power's higher probable upside, analysts plainly believe Solid Power is more favorable than Electrovaya.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Solid Power
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Electrovaya has a net margin of 2.19% compared to Solid Power's net margin of -412.62%. Electrovaya's return on equity of 6.66% beat Solid Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Electrovaya2.19% 6.66% 2.61%
Solid Power -412.62%-23.13%-21.54%

Electrovaya has a beta of 1.59, meaning that its stock price is 59% more volatile than the S&P 500. Comparatively, Solid Power has a beta of 1.83, meaning that its stock price is 83% more volatile than the S&P 500.

In the previous week, Electrovaya had 2 more articles in the media than Solid Power. MarketBeat recorded 6 mentions for Electrovaya and 4 mentions for Solid Power. Solid Power's average media sentiment score of 1.33 beat Electrovaya's score of 0.74 indicating that Solid Power is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Electrovaya
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Solid Power
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Electrovaya beats Solid Power on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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ELVA vs. The Competition

MetricElectrovayaELEC PRODS IndustryComputer SectorNASDAQ Exchange
Market Cap$264.71M$9.79B$31.79B$10.29B
Dividend YieldN/A1.67%3.14%4.61%
P/E Ratio220.0721.76453.9526.14
Price / Sales4.8365.631,720.83170.63
Price / CashN/A17.4438.0661.52
Price / Book26.405.767.226.30
Net Income-$1.49M$283.88M$809.16M$271.03M
7 Day Performance-2.51%2.22%-0.37%-0.13%
1 Month Performance24.53%9.15%6.83%6.43%
1 Year Performance200.00%15.92%24,210.58%28.82%

Electrovaya Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELVA
Electrovaya
2.0685 of 5 stars
$6.60
-11.3%
$6.13
-7.2%
+241.3%$264.71M$54.85M220.0797Gap Down
High Trading Volume
SLDP
Solid Power
0.7839 of 5 stars
$3.98
+4.7%
$4.00
+0.5%
+178.7%$688.88M$20.14M-7.65240Positive News
Gap Down
BLDP
Ballard Power Systems
0.6986 of 5 stars
$2.17
+4.8%
$1.51
-30.2%
+72.8%$622.20M$69.73M-2.191,370
NPWR
NET Power
1.8978 of 5 stars
$2.13
+1.4%
$4.00
+87.8%
-60.5%$460.37M$12K-0.9024News Coverage
Gap Down
SES
SES AI
1.9876 of 5 stars
$1.32
+5.2%
$2.00
+52.1%
+187.2%$457.15M$2.04M-4.24130Gap Down
BYRN
Byrna Technologies
3.4926 of 5 stars
$20.03
+0.3%
$38.75
+93.5%
+11.4%$453.39M$85.76M32.31150Positive News
NRGV
Energy Vault
1.2188 of 5 stars
$2.24
-2.2%
$1.42
-36.8%
+200.7%$370.65M$46.20M-2.3170Positive News
Gap Down
FREY
FREYR Battery
1.6443 of 5 stars
$1.86
-1.1%
$4.00
+115.1%
+81.3%$261.31MN/A-2.45210Gap Up
EAF
GrafTech International
1.8306 of 5 stars
$10.48
+3.7%
$16.25
+55.0%
+32.9%$260.99M$508.55M-1.281,072Gap Down
RONI
Rice Acquisition Corp. II
N/A$2.10
-1.4%
N/A-57.1%$253.58MN/A0.0024
NVX
NOVONIX
1.2429 of 5 stars
$1.23
-2.4%
N/A-7.6%$209.65M$5.85M0.00N/APositive News
Gap Up
High Trading Volume

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This page (NASDAQ:ELVA) was last updated on 9/25/2025 by MarketBeat.com Staff
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