Electrovaya Inc. (ELVA) vs Kimball Electronics, Inc. (KE)

Electrovaya Inc. and Kimball Electronics, Inc. are both Electrical Equipment & Parts companies. Kimball Electronics, Inc. is the larger, with a market value of $666.0M against $319.5M — 2.1× the size. Kimball Electronics, Inc. trades at the lower P/E: 23.9× against 59.8×. Electrovaya Inc. grew revenue faster over the last twelve months: 30.9% against −3.72%. Electrovaya Inc. has the higher net margin (6.14% vs 1.95%) and the lower return on invested capital (4.60% vs 6.74%). Across the 21 metrics below, Kimball Electronics, Inc. leads on 11 and Electrovaya Inc. on 10.

Valuation

Metric ELVA KE Electrical Equipment & Parts median
P/E 59.85 23.92 36.10
P/S 4.40 0.47 2.73
P/B 4.70 1.14 3.57
Price to free cash flow n/m 27.16 33.31
EV/EBITDA 40.19 6.64 18.07
EV/Sales 4.76 0.49 2.75
Earnings yield 1.67% 4.18% (5.84%)
Free cash flow yield (4.95%) 3.68% 0.00%

Profitability

Metric ELVA KE Electrical Equipment & Parts median
Gross margin 33.00% 8.21% 25.38%
Operating margin 9.35% 4.61% 0.00%
Net margin 6.14% 1.95% 0.00%
Free cash flow margin (21.76%) 1.72% 0.00%
Return on equity 9.85% 4.84% 0.94%
Return on assets 5.12% 2.58% (1.50%)
Return on invested capital 4.60% 6.74% 0.00%

Growth

Metric ELVA KE Electrical Equipment & Parts median
Revenue growth (TTM) 30.88% (3.72%) 9.28%
EPS growth (last fiscal year) 300.00% 66.18% —
Revenue growth, 5-year CAGR 34.45% 2.07% 9.80%
Net income growth, 5-year CAGR 24.77% (13.20%) 0.00%

Health

Metric ELVA KE Electrical Equipment & Parts median
Debt to equity 0.60 0.20 0.08
Current ratio 7.53 2.09 2.18
Net debt to EBITDA 2.17 0.26 0.26

Dividend

Metric ELVA KE Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio — 0.00 0.00

Size

Metric ELVA KE Electrical Equipment & Parts median
Market cap 319.50m 665.98m 177.98m

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