Electrovaya (NASDAQ:ELVA – Get Free Report) and Fluence Energy (NASDAQ:FLNC – Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Electrovaya and Fluence Energy, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Electrovaya | 0 | 0 | 4 | 0 | 3.00 |
| Fluence Energy | 1 | 4 | 13 | 0 | 2.67 |
Electrovaya currently has a consensus target price of $11.00, indicating a potential upside of 330.53%. Fluence Energy has a consensus target price of $27.76, indicating a potential upside of 69.61%. Given Electrovaya’s stronger consensus rating and higher probable upside, analysts clearly believe Electrovaya is more favorable than Fluence Energy.
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Electrovaya | $44.06 million | 1.96 | -$1.48 million | N/A | N/A |
| Fluence Energy | $2.22 billion | 1.32 | -$69.62 million | ($0.39) | -41.97 |
Electrovaya has higher earnings, but lower revenue than Fluence Energy.
Insider & Institutional Ownership
22.5% of Electrovaya shares are held by institutional investors. Comparatively, 53.2% of Fluence Energy shares are held by institutional investors. 0.4% of Fluence Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares Electrovaya and Fluence Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Electrovaya | -0.44% | -2.83% | -0.56% |
| Fluence Energy | -2.10% | -8.48% | -2.94% |
Summary
Electrovaya beats Fluence Energy on 7 of the 11 factors compared between the two stocks.
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.
About Fluence Energy
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.
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