Financial Review: Electrovaya (NASDAQ:ELVA) vs. Star Group (NYSE:SGU)

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

Institutional and Insider Ownership

22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 40.4% of Star Group shares are owned by institutional investors. 20.4% of Star Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for Electrovaya and Star Group, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electrovaya 0 2 2 1 2.80
Star Group 0 0 1 0 3.00

Electrovaya currently has a consensus target price of $11.17, suggesting a potential upside of 54.24%. Given Electrovaya’s higher probable upside, analysts clearly believe Electrovaya is more favorable than Star Group.

Volatility & Risk

Electrovaya has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500. Comparatively, Star Group has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500.

Valuation and Earnings

This table compares Electrovaya and Star Group”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Electrovaya $63.83 million 5.44 $3.36 million $0.12 60.33
Star Group $1.78 billion 0.23 $73.50 million $1.58 7.77

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

Profitability

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

Net Margins Return on Equity Return on Assets
Electrovaya 7.07% 14.29% 7.33%
Star Group 4.16% 23.03% 7.61%

Summary

Star Group beats Electrovaya on 8 of the 15 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 Star Group

(Get Free Report)

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.

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