Head-To-Head Contrast: Electrovaya (NASDAQ:ELVA) & Exro Technologies (OTCMKTS:EXROF)

Electrovaya (NASDAQ:ELVAGet Free Report) and Exro Technologies (OTCMKTS:EXROFGet Free Report) 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 analyst recommendations, earnings, valuation, dividends, risk, profitability and institutional ownership.

Earnings & Valuation

This table compares Electrovaya and Exro Technologies”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Electrovaya $63.83 million 7.79 $3.36 million $0.09 115.22
Exro Technologies $16.84 million 0.14 -$210.86 million ($0.47) -0.01

Electrovaya has higher revenue and earnings than Exro Technologies. Exro Technologies is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

22.5% of Electrovaya shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Electrovaya and Exro Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Electrovaya 5.27% 14.21% 6.46%
Exro Technologies -1,420.35% N/A -61.37%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Electrovaya and Exro Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya 0 2 3 1 2.83
Exro Technologies 2 2 0 0 1.50

Electrovaya presently has a consensus price target of $10.13, indicating a potential downside of 2.36%. Given Electrovaya’s stronger consensus rating and higher possible upside, equities analysts plainly believe Electrovaya is more favorable than Exro Technologies.

Risk & Volatility

Electrovaya has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500. Comparatively, Exro Technologies has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

Summary

Electrovaya beats Exro Technologies on 14 of the 14 factors compared between the two stocks.

About Electrovaya

(Get Free Report)

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

About Exro Technologies

(Get Free Report)

Exro Technologies Inc. focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications. It also provides electric vehicle consulting and engineering services. The company was incorporated in 2014 and is headquartered in Calgary, Canada.

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