Electrovaya Inc. (ELVA) vs Lightbridge Corporation (LTBR)

Electrovaya Inc. and Lightbridge Corporation are both Electrical Equipment & Parts companies. Electrovaya Inc. is the larger, with a market value of $319.5M against $260.0M — 1.2× the size. Lightbridge Corporation has negative trailing earnings, so its P/E is not meaningful; Electrovaya Inc. trades at 59.8×. Electrovaya Inc. grew revenue faster over the last twelve months: 30.9% against −76.9%. Electrovaya Inc. has the higher net margin (6.14% vs 0.00%) and the higher return on invested capital (4.60% vs −1,640.3%). Across the 20 metrics below, Electrovaya Inc. leads on 13 and Lightbridge Corporation on 7.

Valuation

Metric ELVA LTBR Electrical Equipment & Parts median
P/E 59.85 n/m 36.10
P/S 4.40 1,246.07 2.73
P/B 4.70 0.92 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA 40.19 0.65 18.07
EV/Sales 4.76 (107.78) 2.75
Earnings yield 1.67% (11.53%) (5.84%)
Free cash flow yield (4.95%) (7.77%) 0.00%

Profitability

Metric ELVA LTBR Electrical Equipment & Parts median
Gross margin 33.00% 38.94% 25.38%
Operating margin 9.35% 0.00% 0.00%
Net margin 6.14% 0.00% 0.00%
Free cash flow margin (21.76%) 0.00% 0.00%
Return on equity 9.85% (13.91%) 0.94%
Return on assets 5.12% (13.77%) (1.50%)
Return on invested capital 4.60% (1,640.27%) 0.00%

Growth

Metric ELVA LTBR Electrical Equipment & Parts median
Revenue growth (TTM) 30.88% (76.94%) 9.28%
EPS growth (last fiscal year) 300.00% 1.23% —
Revenue growth, 5-year CAGR 34.45% (45.59%) 9.80%
Net income growth, 5-year CAGR 24.77% 0.00% 0.00%

Health

Metric ELVA LTBR Electrical Equipment & Parts median
Debt to equity 0.60 0.00 0.08
Current ratio 7.53 116.56 2.18
Net debt to EBITDA 2.17 8.69 0.26

Dividend

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

Size

Metric ELVA LTBR Electrical Equipment & Parts median
Market cap 319.50m 259.96m 177.98m

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