Electrovaya (ELVA) vs Espey Mfg. & Electronics (ESP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Espey Mfg. & Electronics (ESP) has outperformed Electrovaya (ELVA) over the past year, gaining 57.5% versus a loss of 4.1%. Over five years, ESP leads with a +318.8% price change compared with +16.9% for ELVA. Electrovaya is the larger company by market cap ($315.4 million vs $174.4 million), about 1.8 times the size.
On valuation, Espey Mfg. & Electronics trades at a lower forward P/E (15.3x vs 23.2x for Electrovaya). Espey Mfg. & Electronics pays a dividend yielding 1.64%, while Electrovaya does not currently pay one.
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 | ELVA | ESP |
|---|---|---|
| Share price | $6.37 | $60.81 |
| Market cap | $315.36M | $174.42M |
| 1-day change | -2.00% | -2.39% |
| YTD return | -19.37% | +29.03% |
| 1-year return | -4.07% | +57.46% |
| 5-year return | +16.88% | +318.80% |
| P/E ratio (TTM) | 63.70 | 16.00 |
| Forward P/E | 23.25 | 15.32 |
| EPS (TTM) | $0.10 | $3.80 |
| Dividend yield | 0.00% | 1.64% |
| Annual dividend | $0.00 | $1.00 |
| 52-week high | $12.78 | $74.77 |
| 52-week low | $4.10 | $36.00 |
| Distance from 52-week high | -50.16% | -18.67% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +129.20% | +15.11% |
| Average volume | 1.03M | 46.12K |
| Shares outstanding | 49.51M | 2.87M |
| Employees | — | 144 |
| Sector | Industrials | Industrials |
| Industry | Electrical Equipment & Parts | Electrical Equipment & Parts |
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
- ESP has outperformed ELVA by 61.5 percentage points over the past year.
- Electrovaya trades at a higher earnings multiple (63.7x vs 16.0x trailing P/E).
- Espey Mfg. & Electronics offers a meaningfully higher dividend yield (1.64% vs 0.00%).
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.
Industrials · Electrical Equipment & Parts
About Espey Mfg. & Electronics
ESP stock →Espey Mfg. & Electronics Corp.
Industrials · Electrical Equipment & Parts · 144 employees
ELVA vs ESP FAQ
Which is bigger, Electrovaya or Espey Mfg. & Electronics?
Electrovaya (ELVA) is larger, with a market capitalization of $315.36M compared with $174.42M for Espey Mfg. & Electronics (ESP).
Which stock has performed better over the past year, ELVA or ESP?
ESP returned +57.46% over the past 12 months, compared with -4.07% for ELVA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ELVA or ESP?
ESP has the lower trailing P/E at 16.0, versus 63.7 for ELVA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Electrovaya or Espey Mfg. & Electronics?
Espey Mfg. & Electronics pays a dividend yielding 1.64%, while Electrovaya does not currently pay a regular dividend.
Are Electrovaya and Espey Mfg. & Electronics in the same industry?
Yes. Both are classified in the Electrical Equipment & Parts industry within the Industrials sector.