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Electrovaya (ELVA) Competitors

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$6.79 -0.52 (-7.11%)
Closing price 04:00 PM Eastern
Extended Trading
$6.62 -0.17 (-2.56%)
As of 06:12 PM Eastern
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ELVA vs. SLDP, SES, NPWR, NRGV, BYRN, RONI, FREY, EAF, NVX, and STEM

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

Electrovaya vs. Its Competitors

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

Solid Power currently has a consensus target price of $4.00, indicating a potential downside of 33.77%. Electrovaya has a consensus target price of $6.50, indicating a potential downside of 4.27%. Given Electrovaya's stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than Solid Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Solid Power
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Electrovaya
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.60

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
Solid Power-412.62% -23.13% -21.54%
Electrovaya 2.19%6.66%2.61%

Solid Power has a beta of 1.77, indicating that its stock price is 77% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.54, indicating that its stock price is 54% more volatile than the S&P 500.

33.7% of Solid Power shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 4.9% of Solid Power shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds 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
Solid Power$20.14M54.37-$96.52M-$0.52-11.62
Electrovaya$54.85M4.97-$1.49M$0.03226.33

In the previous week, Electrovaya had 1 more articles in the media than Solid Power. MarketBeat recorded 5 mentions for Electrovaya and 4 mentions for Solid Power. Solid Power's average media sentiment score of 0.67 beat Electrovaya's score of 0.59 indicating that Solid Power is being referred to more favorably in the media.

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

Summary

Electrovaya beats Solid Power on 12 of the 17 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$272.33M$10.26B$32.48B$10.46B
Dividend YieldN/A1.61%3.19%4.78%
P/E Ratio226.4122.48492.5927.20
Price / Sales4.97240.791,479.35178.68
Price / CashN/A22.5037.7961.86
Price / Book27.166.177.526.65
Net Income-$1.49M$283.48M$820.59M$276.79M
7 Day Performance3.82%5.57%-1.36%-1.51%
1 Month Performance13.93%25.93%4.53%5.46%
1 Year Performance200.44%17.27%23,934.01%36.25%

Electrovaya Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELVA
Electrovaya
1.9165 of 5 stars
$6.79
-7.1%
$6.50
-4.3%
+220.6%$272.33M$54.85M226.4197Analyst Downgrade
Short Interest ↑
SLDP
Solid Power
0.419 of 5 stars
$5.77
+33.6%
$4.00
-30.7%
+456.3%$783.15M$20.14M-11.10240Gap Up
High Trading Volume
SES
SES AI
0.7844 of 5 stars
$2.44
+18.2%
$2.00
-17.9%
+494.3%$753.39M$2.04M-7.85130High Trading Volume
NPWR
NET Power
0.9495 of 5 stars
$3.76
+11.2%
$4.00
+6.4%
-26.7%$740.97M$12K-1.5924High Trading Volume
NRGV
Energy Vault
1.1845 of 5 stars
$3.29
-1.5%
$1.42
-56.9%
+240.7%$540.60M$46.20M-3.3970Analyst Forecast
Analyst Revision
BYRN
Byrna Technologies
3.4508 of 5 stars
$23.13
+2.3%
$38.75
+67.5%
+54.6%$513.11M$85.76M37.31150Earnings Report
Analyst Upgrade
RONI
Rice Acquisition Corp. II
N/A$3.38
+8.3%
N/A-29.3%$408.15MN/A0.0024Gap Up
High Trading Volume
FREY
FREYR Battery
0.6185 of 5 stars
$2.53
+7.2%
$4.00
+58.1%
+293.1%$355.44MN/A-3.33210Gap Up
EAF
GrafTech International
0.97 of 5 stars
$15.26
+14.7%
$16.25
+6.5%
+28.8%$343.34M$508.55M-1.861,072
NVX
NOVONIX
0.6851 of 5 stars
$1.80
+11.1%
N/A+15.3%$271.02M$5.85M0.00N/AShort Interest ↑
Gap Down
High Trading Volume
STEM
Stem
1.5428 of 5 stars
$21.77
-2.6%
$10.86
-50.1%
+151.7%$187.46M$144.58M-0.75660News Coverage
Analyst Forecast
Gap Down

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This page (NASDAQ:ELVA) was last updated on 10/16/2025 by MarketBeat.com Staff
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