Electra Battery Materials (NASDAQ:ELBM) and IBC Advanced Alloys (OTCMKTS:IAALF) Financial Review

IBC Advanced Alloys (OTCMKTS:IAALF) and Electra Battery Materials (NASDAQ:ELBM) are both small-cap basic materials companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, analyst recommendations, valuation, profitability, risk and institutional ownership.

Profitability

This table compares IBC Advanced Alloys and Electra Battery Materials’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IBC Advanced Alloys	-13.85%	-62.82%	-10.43%
Electra Battery Materials	N/A	-46.63%	-19.89%

Risk and Volatility

IBC Advanced Alloys has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Electra Battery Materials has a beta of 2.46, suggesting that its share price is 146% more volatile than the S&P 500.

Insider and Institutional Ownership

32.9% of Electra Battery Materials shares are held by institutional investors. 22.7% of Electra Battery Materials shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares IBC Advanced Alloys and Electra Battery Materials”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IBC Advanced Alloys	$25.66 million	0.16	$1.70 million	($0.02)	-1.84
Electra Battery Materials	N/A	N/A	-$21.49 million	($1.48)	-0.81

IBC Advanced Alloys has higher revenue and earnings than Electra Battery Materials. IBC Advanced Alloys is trading at a lower price-to-earnings ratio than Electra Battery Materials, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for IBC Advanced Alloys and Electra Battery Materials, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IBC Advanced Alloys	0	0	0	0	0.00
Electra Battery Materials	0	0	1	1	3.50

Electra Battery Materials has a consensus target price of $2.20, suggesting a potential upside of 83.33%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, analysts plainly believe Electra Battery Materials is more favorable than IBC Advanced Alloys.

Summary

Electra Battery Materials beats IBC Advanced Alloys on 10 of the 14 factors compared between the two stocks.

About IBC Advanced Alloys

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications. The company also provides beryllium-aluminum castings, beryllium-aluminum alloys, beryllium-copper alloys, high-strength beryllium-copper casting alloys, high-conductivity beryllium-copper casting alloys, and beryllium-nickel casting alloys. In addition, it manufactures Thermal-Mold Super, a beryllium-free mold alloy of copper-nickel-silicon-chrome, as well as provides tolling services and consulting. It serves automotive, defense, resistance welding, electronics, industrial equipment, injection molding, foundry, aerospace, and oil and gas industries. The company was formerly known as International Beryllium Corporation and changed its name to IBC Advanced Alloys Corp. in March 2009. IBC Advanced Alloys Corp. is headquartered in Franklin, Indiana.

About Electra Battery Materials

Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.