Analyzing Amprius Technologies (NYSE:AMPX) and Electrovaya (NASDAQ:ELVA)

Electrovaya (NASDAQ:ELVAGet Free Report) and Amprius Technologies (NYSE:AMPXGet Free Report) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, profitability, risk, institutional ownership, analyst recommendations and dividends.

Institutional & Insider Ownership

22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 5.0% of Amprius Technologies shares are owned by institutional investors. 14.9% of Amprius Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings for Electrovaya and Amprius Technologies, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya 0 0 4 0 3.00
Amprius Technologies 0 1 7 0 2.88

Electrovaya currently has a consensus price target of $11.33, indicating a potential upside of 274.04%. Amprius Technologies has a consensus price target of $11.60, indicating a potential upside of 574.42%. Given Amprius Technologies’ higher probable upside, analysts plainly believe Amprius Technologies is more favorable than Electrovaya.

Profitability

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

Net Margins Return on Equity Return on Assets
Electrovaya 1.79% 12.44% 2.40%
Amprius Technologies -406.23% -56.74% -40.31%

Earnings & Valuation

This table compares Electrovaya and Amprius Technologies’ top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Electrovaya $44.06 million 2.33 -$1.48 million $0.02 151.58
Amprius Technologies $8.79 million 17.92 -$36.78 million ($0.43) -4.00

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

Summary

Electrovaya beats Amprius Technologies on 9 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 Amprius Technologies

(Get Free Report)

Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. The company was incorporated in 2008 and is headquartered in Fremont, California.

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