ELVA vs. CBAT, DFLI, FLUX, GWH, ULBI, STEM, NVX, SANG, TOUR, and PXLW
Should you be buying Electrovaya stock or one of its competitors? The main competitors of Electrovaya include CBAK Energy Technology (CBAT), Dragonfly Energy (DFLI), Flux Power (FLUX), ESS Tech (GWH), Ultralife (ULBI), Stem (STEM), NOVONIX (NVX), Sangoma Technologies (SANG), Tuniu (TOUR), and Pixelworks (PXLW). These companies are all part of the "computer and technology" sector.
CBAK Energy Technology (NASDAQ:CBAT) and Electrovaya (NASDAQ:ELVA) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, profitability, community ranking, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.
CBAK Energy Technology has a net margin of 4.62% compared to CBAK Energy Technology's net margin of 1.79%. CBAK Energy Technology's return on equity of 12.44% beat Electrovaya's return on equity.
2.0% of CBAK Energy Technology shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 12.9% of CBAK Energy Technology shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Electrovaya has lower revenue, but higher earnings than CBAK Energy Technology. CBAK Energy Technology is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.
CBAK Energy Technology received 105 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 66.28% of users gave CBAK Energy Technology an outperform vote.
Electrovaya has a consensus target price of $11.00, suggesting a potential upside of 255.99%. Given CBAK Energy Technology's higher possible upside, analysts clearly believe Electrovaya is more favorable than CBAK Energy Technology.
In the previous week, Electrovaya had 4 more articles in the media than CBAK Energy Technology. MarketBeat recorded 15 mentions for Electrovaya and 11 mentions for CBAK Energy Technology. Electrovaya's average media sentiment score of 1.18 beat CBAK Energy Technology's score of -0.24 indicating that CBAK Energy Technology is being referred to more favorably in the media.
Summary
Electrovaya beats CBAK Energy Technology on 9 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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