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AIRTP vs ELVA

Comparison between Air T Inc (AIRTP, Company) and Electrovaya Inc (ELVA, Company).

Both AIRTP and ELVA are from the Industrials sector.

5-Year PerformanceELVA has outperformed AIRTP, delivering a return of +15.5% compared to +4.5%

AIRTP vs ELVA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
AIRTP
$469M
Winner
ELVA
$470M
Max Drawdown
Winner
AIRTP
47.69%
ELVA
96.90%
Sharpe Ratio
AIRTP
0.76
Winner
ELVA
1.31
5Y Beta
Winner
AIRTP
0.18
ELVA
1.21
Industry
AIRTP
Conglomerates
ELVA
Electrical Equipment & Parts
P/E Ratio
Winner
AIRTP
57.95
ELVA
82.07
Forward P/E
AIRTP
N/A
ELVA
32.79
5Y Dividends CAGR
AIRTP
4.56%
ELVA
N/A
5Y EPS CAGR
AIRTP
N/A
ELVA
33.69%
Debt to Equity
AIRTP
N/A
ELVA
54.58%
Free Cash Flow Yield
AIRTP
N/A
ELVA
-7.25%
P/S Ratio
AIRTP
1.72
ELVA
N/A
P/B Ratio
AIRTP
765.74
ELVA
N/A

AIRTP vs ELVA - Historical Returns

Returns include dividend reinvestment.

1M
Winner
AIRTP
-0.26%
ELVA
-13.45%
3M
Winner
AIRTP
+2.30%
ELVA
-15.07%
6M
Winner
AIRTP
-1.15%
ELVA
-21.78%
1Y
AIRTP
+13.66%
Winner
ELVA
+84.98%
5Y(CAGR)
AIRTP
+4.49%
Winner
ELVA
+15.47%
10Y(CAGR)
AIRTP
N/A
ELVA
-4.05%
Max(CAGR)
AIRTP
+8.09%
Winner
ELVA
+12.66%

AIRTP vs ELVA - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

YearAIRTPELVA
2026+2.69%+8.84%
2025+28.71%+209.80%
2024+13.61%-20.13%
2023-13.07%-15.59%
2022-5.26%-1.61%
2021+3.16%-38.46%
2020+9.46%+742.86%
2019+25.45%+36.36%
2018N/A-77.98%
2017N/A-68.48%
2016N/A+221.25%

AIRTP vs ELVA Drawdown Comparison

The maximum drawdown for AIRTP was -34.36%, occurring on Mar 30, 2020. Recovery took 405 trading sessions.

The maximum drawdown for ELVA was -96.90%, occurring on Dec 26, 2018. This drawdown has not yet recovered.

The current AIRTP drawdown is -4.95%. The current ELVA drawdown is -46.48%.

RankAIRTPELVA
#1-34.36%
Jun 12, 2019 - Jan 20, 2021
-96.90%
Jul 6, 2016 - Dec 26, 2018
#2-30.45%
Feb 16, 2023 - Jul 25, 2025
-39.69%
Apr 19, 2016 - Jun 1, 2016
#3-15.35%
Nov 16, 2021 - Jan 27, 2023
-29.16%
Jun 20, 2016 - Jul 6, 2016
#4-9.27%
May 13, 2026 - Jun 15, 2026
-15.70%
Jan 12, 2016 - Feb 10, 2016
#5-9.12%
Jan 20, 2021 - Aug 26, 2021
-14.59%
Jun 3, 2016 - Jun 15, 2016
#6-8.90%
Feb 20, 2026 - May 6, 2026
-14.43%
Mar 18, 2016 - Apr 11, 2016
#7-7.37%
Jan 27, 2023 - Feb 14, 2023
-5.20%
Feb 16, 2016 - Mar 1, 2016
#8-5.99%
Jul 6, 2026 - Jul 16, 2026
-2.30%
Mar 14, 2016 - Mar 17, 2016
#9-5.92%
Jul 25, 2025 - Aug 15, 2025
-1.23%
Apr 12, 2016 - Apr 15, 2016
#10-4.76%
Jun 15, 2026 - Jul 6, 2026
-0.93%
Mar 4, 2016 - Mar 10, 2016
#11-4.33%
Jan 13, 2026 - Jan 22, 2026
-0.90%
Feb 10, 2016 - Feb 16, 2016
#12-4.26%
Aug 15, 2025 - Sep 9, 2025
-0.49%
Apr 15, 2016 - Apr 19, 2016
#13-3.37%
Aug 26, 2021 - Nov 9, 2021
-0.46%
Mar 10, 2016 - Mar 14, 2016
#14-3.30%
Sep 15, 2025 - Nov 6, 2025
N/A
#15-2.34%
Jan 22, 2026 - Feb 3, 2026
N/A

Correlation

Correlation between AIRTP and ELVA is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79
-101

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