MetaCap

Electrovaya (ELVA) vs SES AI (SES)

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 SES AI (SES) over the past year, losing 11.6% versus a loss of 71.7%. Over five years, ELVA leads with a +6.2% price change compared with -92.7% for SES. SES AI is the larger company by market cap ($290.5 million vs $286.6 million), about 1.0 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ELVA-11.60%SES-71.66%
+96%+3%-90%
Oct 8, 20251 yearOct 8, 2026
ELVA+33.10%SES-92.70%
+182%+36%-111%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ELVA versus SES key metrics
MetricELVASES
Share price$5.79$0.7823
Market cap$286.65M$290.46M
1-day change-9.11%+7.86%
YTD return-26.71%-56.54%
1-year return-11.60%-71.66%
5-year return+6.24%-92.70%
P/E ratio (TTM)57.90—
Forward P/E21.13—
EPS (TTM)$0.10$-0.20
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$12.78$3.73
52-week low$4.10$0.491
Distance from 52-week high-54.69%-79.03%
Analyst consensusstrong_buynone
Avg. price target upside+152.16%+225.96%
Average volume1.02M19.05M
Shares outstanding49.51M327.41M
Employees—215
SectorMiscellaneousConsumer Cyclical
IndustryIndustrial Machinery/ComponentsAuto 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

  • ELVA has outperformed SES by 60.1 percentage points over the past year.
  • The two companies sit in different sectors: Electrovaya in Miscellaneous and SES AI in Consumer Cyclical.

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

About SES AI

SES stock →

SES AI Corporation develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications. It manufactures and sells residential and commercial ESS systems, li-ion, li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers and others.

Consumer Cyclical · Auto Parts · 215 employees

ELVA vs SES FAQ

Which is bigger, Electrovaya or SES AI?

SES AI (SES) is larger, with a market capitalization of $290.46M compared with $286.65M for Electrovaya (ELVA).

Which stock has performed better over the past year, ELVA or SES?

ELVA returned -11.60% over the past 12 months, compared with -71.66% for SES (price return, excluding dividends). Past performance does not predict future results.

Are Electrovaya and SES AI in the same industry?

No. Electrovaya is in the Miscellaneous sector, while SES AI is in Consumer Cyclical.

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