MetaCap

Electrovaya (ELVA) vs Velo3D (VELO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Velo3D (VELO) has outperformed Electrovaya (ELVA) over the past year, gaining 75.4% versus a loss of 11.6%. Over five years, ELVA leads with a +6.2% price change compared with -99.8% for VELO. Velo3D is the larger company by market cap ($288.7 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%VELO+75.39%
+525%+231%-62%
Oct 8, 20251 yearOct 8, 2026
ELVA+33.10%VELO-99.79%
+182%+34%-113%
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 VELO key metrics
MetricELVAVELO
Share price$5.79$8.98
Market cap$286.65M$288.70M
1-day change-9.11%-1.32%
YTD return-26.71%-34.64%
1-year return-11.60%+75.39%
5-year return+6.24%-99.78%
P/E ratio (TTM)57.90—
Forward P/E21.13—
EPS (TTM)$0.10$-2.27
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$12.78$31.75
52-week low$4.10$3.75
Distance from 52-week high-54.69%-71.72%
Analyst consensusstrong_buystrong_buy
Avg. price target upside+152.16%+158.91%
Average volume1.03M1.50M
Shares outstanding49.51M32.15M
Employees—134
SectorMiscellaneousTechnology
IndustryIndustrial Machinery/ComponentsIndustrial 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

  • VELO has outperformed ELVA by 87.0 percentage points over the past year.
  • The two companies sit in different sectors: Electrovaya in Miscellaneous and Velo3D 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 Velo3D

VELO stock →

Velo3D, Inc. produces and sells metal additive three-dimensional printers in the Americas, Europe, and internationally.

Technology · Industrial Machinery/Components · 134 employees

ELVA vs VELO FAQ

Which is bigger, Electrovaya or Velo3D?

Velo3D (VELO) is larger, with a market capitalization of $288.70M compared with $286.65M for Electrovaya (ELVA).

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

VELO returned +75.39% over the past 12 months, compared with -11.60% for ELVA (price return, excluding dividends). Past performance does not predict future results.

Are Electrovaya and Velo3D in the same industry?

Yes. Both are classified in the Industrial Machinery/Components industry within the Miscellaneous sector.

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