Electrovaya Inc. (ELVA) vs SKYX Platforms Corp. (SKYX)
Electrovaya Inc. and SKYX Platforms Corp. are both Electrical Equipment & Parts companies. Electrovaya Inc. is the larger, with a market value of $319.5M against $163.9M — 1.9× the size. SKYX Platforms Corp. 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 8.05%. Electrovaya Inc. has the higher net margin (6.14% vs −35.5%) and the higher return on invested capital (4.60% vs −199.8%). Across the 19 metrics below, Electrovaya Inc. leads on 13 and SKYX Platforms Corp. on 6.
Valuation
Profitability
| Metric | ELVA | SKYX | Electrical Equipment & Parts median |
|---|---|---|---|
| Gross margin | 33.00% | 30.19% | 25.38% |
| Operating margin | 9.35% | (30.26%) | 0.00% |
| Net margin | 6.14% | (35.46%) | 0.00% |
| Free cash flow margin | (21.76%) | (18.62%) | 0.00% |
| Return on equity | 9.85% | 2,753.38% | 0.94% |
| Return on assets | 5.12% | (49.25%) | (1.50%) |
| Return on invested capital | 4.60% | (199.84%) | 0.00% |
Growth
Health
Dividend
Size
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