Financial Comparison: Microvast (NASDAQ:MVST) versus Electrovaya (NASDAQ:ELVA)

Electrovaya (NASDAQ:ELVAGet Free Report) and Microvast (NASDAQ:MVSTGet Free Report) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings for Electrovaya and Microvast, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya 0 0 4 0 3.00
Microvast 0 1 3 0 2.75

Electrovaya presently has a consensus price target of $11.33, indicating a potential upside of 267.97%. Microvast has a consensus price target of $4.50, indicating a potential upside of 826.69%. Given Microvast’s higher probable upside, analysts plainly believe Microvast is more favorable than Electrovaya.

Earnings & Valuation

This table compares Electrovaya and Microvast’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Electrovaya $43.37 million 2.41 -$1.48 million $0.02 154.00
Microvast $306.62 million 0.50 -$106.34 million ($0.34) -1.43

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

Institutional & Insider Ownership

22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 20.7% of Microvast shares are owned by institutional investors. 31.3% of Microvast shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Electrovaya and Microvast’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Electrovaya 1.79% 12.44% 2.40%
Microvast -34.68% -18.37% -10.34%

Summary

Electrovaya beats Microvast on 10 of the 13 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 Microvast

(Get Free Report)

Microvast Holdings, Inc. provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.

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