ELVA vs. GWH, CBAT, FLUX, ULBI, DFLI, STEM, NVX, KEQU, CMCM, and PXLW
Should you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include ESS Tech (GWH), CBAK Energy Technology (CBAT), Flux Power (FLUX), Ultralife (ULBI), Dragonfly Energy (DFLI), Stem (STEM), NOVONIX (NVX), Kewaunee Scientific (KEQU), Cheetah Mobile (CMCM), and Pixelworks (PXLW). These companies are all part of the "computer and technology" sector.
ESS Tech (NYSE:GWH) and Electrovaya (NASDAQ:ELVA) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, community ranking, profitability, valuation, analyst recommendations, media sentiment, risk and earnings.
46.8% of ESS Tech shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 1.8% of ESS Tech shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
ESS Tech received 5 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 33.33% of users gave ESS Tech an outperform vote.
In the previous week, ESS Tech and ESS Tech both had 2 articles in the media. Electrovaya's average media sentiment score of 0.33 beat ESS Tech's score of 0.32 indicating that ESS Tech is being referred to more favorably in the media.
ESS Tech currently has a consensus target price of $2.14, suggesting a potential upside of 203.71%. Electrovaya has a consensus target price of $11.33, suggesting a potential upside of 250.88%. Given ESS Tech's stronger consensus rating and higher possible upside, analysts plainly believe Electrovaya is more favorable than ESS Tech.
Electrovaya has higher revenue and earnings than ESS Tech. ESS Tech 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 -1,028.89%. ESS Tech's return on equity of 12.44% beat Electrovaya's return on equity.
Summary
Electrovaya beats ESS Tech on 11 of the 16 factors compared between the two stocks.
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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.
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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