ADS-TEC ENERGY (ADSE) vs Electrovaya (ELVA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Electrovaya (ELVA) has outperformed ADS-TEC ENERGY (ADSE) over the past year, losing 4.1% versus a loss of 15.6%. Over five years, ELVA leads with a +16.9% price change compared with -2.2% for ADSE. ADS-TEC ENERGY is the larger company by market cap ($698.9 million vs $304.0 million), about 2.3 times the size.
On valuation, ADS-TEC ENERGY trades at a lower forward P/E (11.3x vs 22.4x for Electrovaya).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ADSE | ELVA |
|---|---|---|
| Share price | $9.30 | $6.14 |
| Market cap | $698.85M | $303.98M |
| 1-day change | -4.08% | -3.61% |
| YTD return | -23.58% | -19.37% |
| 1-year return | -15.59% | -4.07% |
| 5-year return | -2.22% | +16.88% |
| P/E ratio (TTM) | — | 61.40 |
| Forward P/E | 11.28 | 22.41 |
| EPS (TTM) | $-1.59 | $0.10 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $13.50 | $12.78 |
| 52-week low | $9.14 | $4.10 |
| Distance from 52-week high | -31.15% | -51.96% |
| Analyst consensus | — | strong_buy |
| Avg. price target upside | — | +137.79% |
| Average volume | 19.30K | 1.02M |
| Shares outstanding | 75.19M | 49.51M |
| Employees | 302 | — |
| Sector | Consumer Discretionary | Miscellaneous |
| Industry | Industrial Specialties | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ADS-TEC ENERGY is about 2.3 times larger than Electrovaya by market value ($698.85M vs $303.98M).
- ELVA has outperformed ADSE by 11.5 percentage points over the past year.
- The two companies sit in different sectors: ADS-TEC ENERGY in Consumer Discretionary and Electrovaya in Miscellaneous.
About ADS-TEC ENERGY
ADSE stock →ADS-TEC Energy PLC engages in the provision of intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for Electric Vehicles (EVs) on power limited grids; and energy storage and management solutions for commercial, industrial and infrastructure applications.
Consumer Discretionary · Industrial Specialties · 302 employees
About Electrovaya
ELVA stock →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.
Miscellaneous · Industrial Machinery/Components
ADSE vs ELVA FAQ
Which is bigger, ADS-TEC ENERGY or Electrovaya?
ADS-TEC ENERGY (ADSE) is larger, with a market capitalization of $698.85M compared with $303.98M for Electrovaya (ELVA).
Which stock has performed better over the past year, ADSE or ELVA?
ELVA returned -4.07% over the past 12 months, compared with -15.59% for ADSE (price return, excluding dividends). Past performance does not predict future results.
Are ADS-TEC ENERGY and Electrovaya in the same industry?
No. ADS-TEC ENERGY is in the Consumer Discretionary sector, while Electrovaya is in Miscellaneous.