Electrovaya Inc. (ELVA) vs Hyliion Holdings Corp. (HYLN)
- Electrovaya Inc. ELVA 5.07 −5.41%
- Hyliion Holdings Corp. HYLN 3.07 −6.40%
Electrovaya Inc. and Hyliion Holdings Corp. are both Electrical Equipment & Parts companies. Hyliion Holdings Corp. is the larger, with a market value of $585.8M against $268.0M — 2.2× the size. Hyliion Holdings Corp. has negative trailing earnings, so its P/E is not meaningful; Electrovaya Inc. trades at 47.8×. Hyliion Holdings Corp. grew revenue faster over the last twelve months: 340.3% against 30.9%. Electrovaya Inc. has the higher net margin (6.14% vs −564.4%) and the higher return on invested capital (4.60% vs −34.8%). Across the 18 metrics below, Electrovaya Inc. leads on 13 and Hyliion Holdings Corp. on 5.
Valuation
Profitability
| Metric | ELVA | HYLN | Electrical Equipment & Parts median |
|---|---|---|---|
| Gross margin | 33.00% | 6.52% | 25.38% |
| Operating margin | 9.35% | (635.16%) | 0.00% |
| Net margin | 6.14% | (564.35%) | 0.00% |
| Free cash flow margin | (21.76%) | (576.73%) | 0.00% |
| Return on equity | 9.85% | (27.08%) | 0.14% |
| Return on assets | 5.12% | (25.53%) | (1.50%) |
| Return on invested capital | 4.60% | (34.84%) | 0.00% |
Growth
Health
Dividend
Size
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