EFL vs. HPS.A, VQS, QTRH, XCT, SY, OPS, XAU, MDF, PTK, and QUIS
Should you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Hammond Power Solutions (HPS.A), VIQ Solutions Inc. (VQS.V) (VQS), Quarterhill (QTRH), exactEarth (XCT), Symbility Solutions (SY), Opsens (OPS), Goldmoney (XAU), mdf commerce (MDF), POET Technologies (PTK), and Quisitive Technology Solutions (QUIS). These companies are all part of the "computer and technology" sector.
Electrovaya vs.
Electrovaya (TSE:EFL) and Hammond Power Solutions (TSE:HPS.A) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, profitability, earnings, valuation, community ranking, institutional ownership, analyst recommendations, dividends and risk.
Hammond Power Solutions has a net margin of 8.03% compared to Electrovaya's net margin of -30.72%. Hammond Power Solutions' return on equity of 30.95% beat Electrovaya's return on equity.
Electrovaya presently has a consensus target price of C$3.25, suggesting a potential upside of 218.63%. Given Electrovaya's higher possible upside, equities research analysts plainly believe Electrovaya is more favorable than Hammond Power Solutions.
1.1% of Electrovaya shares are held by institutional investors. Comparatively, 17.1% of Hammond Power Solutions shares are held by institutional investors. 34.9% of Electrovaya shares are held by insiders. Comparatively, 11.9% of Hammond Power Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Hammond Power Solutions has higher revenue and earnings than Electrovaya. Electrovaya is trading at a lower price-to-earnings ratio than Hammond Power Solutions, indicating that it is currently the more affordable of the two stocks.
In the previous week, Hammond Power Solutions had 1 more articles in the media than Electrovaya. MarketBeat recorded 1 mentions for Hammond Power Solutions and 0 mentions for Electrovaya. Hammond Power Solutions' average media sentiment score of 0.50 beat Electrovaya's score of -0.34 indicating that Hammond Power Solutions is being referred to more favorably in the news media.
Electrovaya received 139 more outperform votes than Hammond Power Solutions when rated by MarketBeat users. Likewise, 68.11% of users gave Electrovaya an outperform vote while only 60.55% of users gave Hammond Power Solutions an outperform vote.
Electrovaya has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500. Comparatively, Hammond Power Solutions has a beta of 0.79, indicating that its stock price is 21% less volatile than the S&P 500.
Summary
Hammond Power Solutions beats Electrovaya on 10 of the 17 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding EFL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of TSE 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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Electrovaya Competitors List