Financial Review: Electrovaya (NASDAQ:ELVA) and Energizer (NYSE:ENR)

Energizer (NYSE:ENR) and Electrovaya (NASDAQ:ELVA) are both consumer staples companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, earnings, valuation, profitability and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings and price targets for Energizer and Electrovaya, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Energizer	0	6	2	0	2.25
Electrovaya	0	0	5	0	3.00

Energizer currently has a consensus target price of $37.63, indicating a potential upside of 4.75%. Electrovaya has a consensus target price of $7.25, indicating a potential upside of 237.21%. Given Electrovaya’s stronger consensus rating and higher probable upside, analysts plainly believe Electrovaya is more favorable than Energizer.

Volatility and Risk

Energizer has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500. Comparatively, Electrovaya has a beta of 1.91, suggesting that its share price is 91% more volatile than the S&P 500.

Profitability

This table compares Energizer and Electrovaya’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Energizer	1.32%	155.40%	5.58%
Electrovaya	-1.34%	-8.02%	-1.63%

Insider & Institutional Ownership

93.7% of Energizer shares are owned by institutional investors. Comparatively, 22.5% of Electrovaya shares are owned by institutional investors. 0.8% of Energizer shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Energizer and Electrovaya”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Energizer	$2.89 billion	0.89	$38.10 million	$0.52	69.08
Electrovaya	$44.59 million	1.65	-$1.48 million	($0.03)	-71.67

Energizer has higher revenue and earnings than Electrovaya. Electrovaya is trading at a lower price-to-earnings ratio than Energizer, indicating that it is currently the more affordable of the two stocks.

Summary

Energizer beats Electrovaya on 9 of the 14 factors compared between the two stocks.

About Energizer

Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands. The company licenses the Energizer, Rayovac, and Eveready brands to companies developing consumer solutions in solar, automotive batteries, portable power for critical devices, generators, power tools, household light bulbs, and other lighting products. In addition, it designs and markets automotive fragrance and appearance products, including protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners, and washes to clean, shine, refresh, and protect interior and exterior automobile surfaces under the brand names of Armor All, Nu Finish, Refresh Your Car!, LEXOL, Eagle One, California Scents, Driven, Bahama & Co, Carnu, Grand Prix, Kit, and Tempo; STP branded fuel and oil additives, functional fluids, and other performance chemical products; and do-it-yourself automotive air conditioning recharge products under the A/C PRO brand name, as well as other refrigerant and recharge kits, sealants, and accessories. The company sells its products through direct sales force, distributors, and wholesalers; and various retail and business-to-business channels, including mass merchandisers, club, electronics, food, home improvement, dollar store, auto, drug, hardware, e-commerce, convenience, sporting goods, hobby/craft, office, industrial, medical, and catalog. Energizer Holdings, Inc. was incorporated in 2015 and is headquartered in Saint Louis, Missouri.

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.