Electrovaya (ELVA) vs SCHMID Group N.V. (SHMD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
SCHMID Group N.V. (SHMD) has outperformed Electrovaya (ELVA) over the past year, gaining 65.7% versus a loss of 4.1%. Electrovaya is the larger company by market cap ($304.0 million vs $276.5 million), about 1.1 times the size. On valuation, SCHMID Group N.V. trades at a lower forward P/E (17.4x 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 | ELVA | SHMD |
|---|---|---|
| Share price | $6.14 | $4.15 |
| Market cap | $303.98M | $276.55M |
| 1-day change | -3.61% | -7.57% |
| YTD return | -19.37% | -27.52% |
| 1-year return | -4.07% | +65.68% |
| 5-year return | +16.88% | — |
| P/E ratio (TTM) | 61.40 | — |
| Forward P/E | 22.41 | 17.39 |
| EPS (TTM) | $0.10 | $-2.74 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $12.78 | $10.65 |
| 52-week low | $4.10 | $2.33 |
| Distance from 52-week high | -51.96% | -61.03% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +137.79% | — |
| Average volume | 1.02M | 912.70K |
| Shares outstanding | 49.51M | 66.64M |
| Employees | — | 676 |
| Sector | Miscellaneous | Technology |
| Industry | Industrial Machinery/Components | 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
- SHMD has outperformed ELVA by 69.7 percentage points over the past year.
- The two companies sit in different sectors: Electrovaya in Miscellaneous and SCHMID Group N.V. in Technology.
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 SCHMID Group N.V.
SHMD stock →SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally.
Technology · Industrial Machinery/Components · 676 employees
ELVA vs SHMD FAQ
Which is bigger, Electrovaya or SCHMID Group N.V.?
Electrovaya (ELVA) is larger, with a market capitalization of $303.98M compared with $276.55M for SCHMID Group N.V. (SHMD).
Which stock has performed better over the past year, ELVA or SHMD?
SHMD returned +65.68% over the past 12 months, compared with -4.07% for ELVA (price return, excluding dividends). Past performance does not predict future results.
Are Electrovaya and SCHMID Group N.V. in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Miscellaneous sector.