Electrovaya (ELVA) Competitors $2.64 +0.33 (+14.29%) Closing price 04:00 PM EasternExtended Trading$2.60 -0.04 (-1.52%) As of 05:25 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock ELVA vs. BYRN, MVST, BLDP, RONI, AMPX, EAF, SES, FREY, SLDP, and NVXShould you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include Byrna Technologies (BYRN), Microvast (MVST), Ballard Power Systems (BLDP), Rice Acquisition Corp. II (RONI), Amprius Technologies (AMPX), GrafTech International (EAF), SES AI (SES), FREYR Battery (FREY), Solid Power (SLDP), and NOVONIX (NVX). These companies are all part of the "electrical equipment" industry. Electrovaya vs. Byrna Technologies Microvast Ballard Power Systems Rice Acquisition Corp. II Amprius Technologies GrafTech International SES AI FREYR Battery Solid Power NOVONIX Byrna Technologies (NASDAQ:BYRN) and Electrovaya (NASDAQ:ELVA) are both small-cap business services companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, dividends, valuation, earnings, media sentiment, institutional ownership and profitability. Is BYRN or ELVA more profitable? Byrna Technologies has a net margin of 14.92% compared to Electrovaya's net margin of -3.88%. Byrna Technologies' return on equity of 15.39% beat Electrovaya's return on equity.Company Net Margins Return on Equity Return on Assets Byrna Technologies14.92% 15.39% 11.90% Electrovaya -3.88%-15.42%-4.24% Does the media prefer BYRN or ELVA? In the previous week, Byrna Technologies had 3 more articles in the media than Electrovaya. MarketBeat recorded 7 mentions for Byrna Technologies and 4 mentions for Electrovaya. Byrna Technologies' average media sentiment score of 0.70 beat Electrovaya's score of 0.61 indicating that Byrna Technologies is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Byrna Technologies 2 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Positive Electrovaya 1 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Do analysts prefer BYRN or ELVA? Byrna Technologies currently has a consensus price target of $22.08, indicating a potential upside of 30.25%. Electrovaya has a consensus price target of $6.10, indicating a potential upside of 133.27%. Given Electrovaya's higher probable upside, analysts plainly believe Electrovaya is more favorable than Byrna Technologies.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Byrna Technologies 0 Sell rating(s) 0 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 3.25Electrovaya 0 Sell rating(s) 0 Hold rating(s) 4 Buy rating(s) 1 Strong Buy rating(s) 3.20 Which has higher valuation and earnings, BYRN or ELVA? Byrna Technologies has higher revenue and earnings than Electrovaya. Electrovaya is trading at a lower price-to-earnings ratio than Byrna Technologies, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioByrna Technologies$95.30M4.03$12.79M$0.5431.40Electrovaya$43.67M2.40-$1.49M-$0.04-65.38 Does the MarketBeat Community believe in BYRN or ELVA? Electrovaya received 4 more outperform votes than Byrna Technologies when rated by MarketBeat users. Likewise, 100.00% of users gave Electrovaya an outperform vote while only 75.00% of users gave Byrna Technologies an outperform vote. CompanyUnderperformOutperformByrna TechnologiesOutperform Votes1575.00% Underperform Votes525.00% ElectrovayaOutperform Votes19100.00% Underperform VotesNo Votes Do institutionals and insiders hold more shares of BYRN or ELVA? 25.5% of Byrna Technologies shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 11.1% of Byrna Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term. Which has more risk and volatility, BYRN or ELVA? Byrna Technologies has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.94, indicating that its share price is 94% more volatile than the S&P 500. SummaryByrna Technologies beats Electrovaya on 13 of the 18 factors compared between the two stocks. Remove Ads 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 {thisCompany.Symbol} 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 ExcelMetricElectrovayaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ ExchangeMarket Cap$104.88M$785.21M$22.92B$7.87BDividend YieldN/A2.43%2.83%4.05%P/E Ratio-65.389.0541.7518.70Price / Sales2.409.781,958.6388.62Price / CashN/A17.2834.6434.64Price / Book5.237.955.984.11Net Income-$1.49M-$72.74M$735.23M$246.93M7 Day Performance1.36%-7.45%-2.80%-3.38%1 Month Performance23.93%-11.43%50,123.45%-6.41%1 Year Performance-27.76%-18.72%52,660.34%-1.66% Electrovaya Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ELVAElectrovaya2.747 of 5 stars$2.64+14.3%$6.10+131.1%-36.9%$105.88M$43.67M-66.0097Short Interest ↑News CoverageGap UpBYRNByrna Technologies2.9712 of 5 stars$18.87+3.6%$22.08+17.0%+20.9%$427.35M$95.30M34.95150MVSTMicrovast2.5226 of 5 stars$1.27-2.3%$3.33+162.5%+39.8%$411.34M$370.99M-3.342,150Earnings ReportUpcoming EarningsOptions VolumeNews CoverageGap UpBLDPBallard Power Systems2.965 of 5 stars$1.30flat$2.13+63.7%-60.4%$389.27M$69.73M-1.181,173RONIRice Acquisition Corp. IIN/A$2.94-3.0%N/A-76.4%$355.01MN/A0.0024High Trading VolumeAMPXAmprius Technologies4.0055 of 5 stars$3.30+5.9%$9.43+186.1%+1.3%$348.74M$17.22M-7.3250Gap UpHigh Trading VolumeEAFGrafTech International1.9094 of 5 stars$1.01+1.5%$1.90+89.1%-37.8%$258.55M$538.78M-1.971,350News CoverageSESSES AI1.8689 of 5 stars$0.59+12.2%$1.25+111.5%-69.0%$215.51M$2.04M-2.57130Short Interest ↑High Trading VolumeFREYFREYR Battery1.9403 of 5 stars$1.49-5.1%$4.00+168.5%-22.6%$209.33MN/A-1.96210SLDPSolid Power1.5985 of 5 stars$1.15+3.6%$2.67+131.9%-48.3%$209.29M$20.14M-2.35240NVXNOVONIX2.7822 of 5 stars$1.30+6.6%$4.00+207.7%-49.1%$206.71M$5.85M0.00N/APositive News Remove Ads Related Companies and Tools Related Companies Byrna Technologies Competitors Microvast Competitors Ballard Power Systems Competitors Rice Acquisition Corp. II Competitors Amprius Technologies Competitors GrafTech International Competitors SES AI Competitors FREYR Battery Competitors Solid Power Competitors NOVONIX 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 4/1/2025 by MarketBeat.com Staff From Our PartnersTrump’s Secret WeaponHave you looked at the stock market recently? 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