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Electrovaya (ELVA) Competitors

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$2.64 +0.33 (+14.29%)
Closing price 04:00 PM Eastern
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$2.60 -0.04 (-1.52%)
As of 05:25 PM Eastern
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ELVA vs. BYRN, MVST, BLDP, RONI, AMPX, EAF, SES, FREY, SLDP, and NVX

Should 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 (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.

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%

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

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)
3.25
Electrovaya
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

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 Ratio
Byrna Technologies$95.30M4.03$12.79M$0.5431.40
Electrovaya$43.67M2.40-$1.49M-$0.04-65.38

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.

CompanyUnderperformOutperform
Byrna TechnologiesOutperform Votes
15
75.00%
Underperform Votes
5
25.00%
ElectrovayaOutperform Votes
19
100.00%
Underperform Votes
No Votes

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.

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.

Summary

Byrna Technologies beats Electrovaya on 13 of the 18 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 {thisCompany.Symbol} 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

MetricElectrovayaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$104.88M$785.21M$22.92B$7.87B
Dividend YieldN/A2.43%2.83%4.05%
P/E Ratio-65.389.0541.7518.70
Price / Sales2.409.781,958.6388.62
Price / CashN/A17.2834.6434.64
Price / Book5.237.955.984.11
Net Income-$1.49M-$72.74M$735.23M$246.93M
7 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

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELVA
Electrovaya
2.747 of 5 stars
$2.64
+14.3%
$6.10
+131.1%
-36.9%$105.88M$43.67M-66.0097Short Interest ↑
News Coverage
Gap Up
BYRN
Byrna Technologies
2.9712 of 5 stars
$18.87
+3.6%
$22.08
+17.0%
+20.9%$427.35M$95.30M34.95150
MVST
Microvast
2.5226 of 5 stars
$1.27
-2.3%
$3.33
+162.5%
+39.8%$411.34M$370.99M-3.342,150Earnings Report
Upcoming Earnings
Options Volume
News Coverage
Gap Up
BLDP
Ballard Power Systems
2.965 of 5 stars
$1.30
flat
$2.13
+63.7%
-60.4%$389.27M$69.73M-1.181,173
RONI
Rice Acquisition Corp. II
N/A$2.94
-3.0%
N/A-76.4%$355.01MN/A0.0024High Trading Volume
AMPX
Amprius Technologies
4.0055 of 5 stars
$3.30
+5.9%
$9.43
+186.1%
+1.3%$348.74M$17.22M-7.3250Gap Up
High Trading Volume
EAF
GrafTech International
1.9094 of 5 stars
$1.01
+1.5%
$1.90
+89.1%
-37.8%$258.55M$538.78M-1.971,350News Coverage
SES
SES AI
1.8689 of 5 stars
$0.59
+12.2%
$1.25
+111.5%
-69.0%$215.51M$2.04M-2.57130Short Interest ↑
High Trading Volume
FREY
FREYR Battery
1.9403 of 5 stars
$1.49
-5.1%
$4.00
+168.5%
-22.6%$209.33MN/A-1.96210
SLDP
Solid Power
1.5985 of 5 stars
$1.15
+3.6%
$2.67
+131.9%
-48.3%$209.29M$20.14M-2.35240
NVX
NOVONIX
2.7822 of 5 stars
$1.30
+6.6%
$4.00
+207.7%
-49.1%$206.71M$5.85M0.00N/APositive News
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This page (NASDAQ:ELVA) was last updated on 4/1/2025 by MarketBeat.com Staff
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