Electrovaya (NASDAQ:ELVA) versus SES AI (NYSE:SES) Head to Head Review

SES AI (NYSE:SES) and Electrovaya (NASDAQ:ELVA) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, profitability, institutional ownership and earnings.

Analyst Ratings

This is a breakdown of current recommendations and price targets for SES AI and Electrovaya, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SES AI	1	1	0	0	1.50
Electrovaya	0	0	5	1	3.17

SES AI currently has a consensus target price of $1.25, suggesting a potential upside of 118.53%. Electrovaya has a consensus target price of $6.10, suggesting a potential upside of 197.56%. Given Electrovaya’s stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than SES AI.

Volatility and Risk

SES AI has a beta of 0.28, suggesting that its share price is 72% less volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.94, suggesting that its share price is 94% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
SES AI	N/A	-22.91%	-20.42%
Electrovaya	-3.88%	-15.42%	-4.24%

Insider and Institutional Ownership

29.8% of SES AI shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 15.1% of SES AI shares are owned 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.

Valuation and Earnings

This table compares SES AI and Electrovaya”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SES AI	$2.04 million	101.11	-$53.40 million	($0.31)	-1.85
Electrovaya	$43.67 million	1.88	-$1.49 million	($0.04)	-51.25

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

Summary

Electrovaya beats SES AI on 10 of the 15 factors compared between the two stocks.

About SES AI

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.

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.