Contrasting ESS Tech (NYSE:GWH) & Elong Power (NASDAQ:ELPW)

ESS Tech (NYSE:GWHGet Free Report) and Elong Power (NASDAQ:ELPWGet Free Report) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.

Valuation & Earnings

This table compares ESS Tech and Elong Power”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ESS Tech $6.30 million 7.75 -$86.22 million ($5.10) -0.49
Elong Power $390,000.00 33.96 -$30.11 million N/A N/A

Elong Power has lower revenue, but higher earnings than ESS Tech.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for ESS Tech and Elong Power, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESS Tech 1 5 1 0 2.00
Elong Power 1 0 0 0 1.00

ESS Tech currently has a consensus price target of $2.88, suggesting a potential upside of 15.46%. Given ESS Tech’s stronger consensus rating and higher probable upside, analysts clearly believe ESS Tech is more favorable than Elong Power.

Profitability

This table compares ESS Tech and Elong Power’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ESS Tech -1,045.28% -592.34% -125.15%
Elong Power N/A N/A N/A

Institutional & Insider Ownership

46.8% of ESS Tech shares are held by institutional investors. Comparatively, 88.3% of Elong Power shares are held by institutional investors. 1.7% of ESS Tech shares are held by company insiders. Comparatively, 21.1% of Elong Power shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk & Volatility

ESS Tech has a beta of 1.39, meaning that its share price is 39% more volatile than the S&P 500. Comparatively, Elong Power has a beta of -3.02, meaning that its share price is 402% less volatile than the S&P 500.

Summary

Elong Power beats ESS Tech on 7 of the 12 factors compared between the two stocks.

About ESS Tech

(Get Free Report)

ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

About Elong Power

(Get Free Report)

Elong Power Holding Ltd. engages in the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The company was founded on August 18, 2023 and is headquartered in Ganzhou, China.

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