Electrovaya (NASDAQ:ELVA – Get Free Report) and American Battery Technology (NASDAQ:ABAT – Get Free Report) are both small-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, risk, valuation, earnings, profitability and institutional ownership.
Profitability
This table compares Electrovaya and American Battery Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Electrovaya | 6.14% | 7.96% | 4.54% |
| American Battery Technology | -337.50% | -64.63% | -61.52% |
Valuation & Earnings
This table compares Electrovaya and American Battery Technology”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Electrovaya | $63.83 million | 4.99 | $3.36 million | $0.11 | 57.91 |
| American Battery Technology | $21.74 million | 13.71 | -$73.38 million | ($0.57) | -3.67 |
Electrovaya has higher revenue and earnings than American Battery Technology. American Battery Technology is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
22.5% of Electrovaya shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 7.7% of American Battery Technology shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Volatility and Risk
Electrovaya has a beta of 1.64, meaning that its share price is 64% more volatile than the S&P 500. Comparatively, American Battery Technology has a beta of 0.42, meaning that its share price is 58% less volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current ratings for Electrovaya and American Battery Technology, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Electrovaya | 0 | 2 | 3 | 1 | 2.83 |
| American Battery Technology | 1 | 0 | 1 | 1 | 2.67 |
Electrovaya presently has a consensus target price of $17.50, indicating a potential upside of 174.73%. American Battery Technology has a consensus target price of $6.00, indicating a potential upside of 187.08%. Given American Battery Technology’s higher possible upside, analysts plainly believe American Battery Technology is more favorable than Electrovaya.
Summary
Electrovaya beats American Battery Technology on 11 of the 14 factors compared between the two stocks.
About Electrovaya
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 American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
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