ELVA vs AIRTP

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

Both ELVA and AIRTP are from the Industrials sector.

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

ELVA vs AIRTP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

ELVA

$470M

AIRTP

$469M

Max Drawdown

ELVA

96.90%

Winner

AIRTP

47.69%

Sharpe Ratio

Winner

ELVA

1.31

AIRTP

0.76

5Y Beta

ELVA

1.21

Winner

AIRTP

0.18

Industry

ELVA

Electrical Equipment & Parts

AIRTP

Conglomerates

P/E Ratio

ELVA

82.07

Winner

AIRTP

57.95

Forward P/E

ELVA

32.79

AIRTP

N/A

5Y Dividends CAGR

ELVA

N/A

AIRTP

4.56%

5Y EPS CAGR

ELVA

33.69%

AIRTP

N/A

Debt to Equity

ELVA

54.58%

AIRTP

N/A

Free Cash Flow Yield

ELVA

-7.25%

AIRTP

N/A

P/S Ratio

ELVA

N/A

AIRTP

1.72

P/B Ratio

ELVA

N/A

AIRTP

765.74

ELVA vs AIRTP - Historical Returns

Returns include dividend reinvestment.

Period	ELVA	AIRTP
1 month	-13.45%	-0.26%
3 months	-15.07%	+2.30%
6 months	-21.78%	-1.15%
1 year	+84.98%	+13.66%
5 years(CAGR)	+15.47%	+4.49%
10 years(CAGR)	-4.05%	N/A
Max(CAGR)	+12.66%	+8.09%

ELVA

-13.45%

Winner

AIRTP

-0.26%

ELVA

-15.07%

Winner

AIRTP

+2.30%

ELVA

-21.78%

Winner

AIRTP

-1.15%

Winner

ELVA

+84.98%

AIRTP

+13.66%

5Y(CAGR)

Winner

ELVA

+15.47%

AIRTP

+4.49%

10Y(CAGR)

ELVA

-4.05%

AIRTP

N/A

Max(CAGR)

Winner

ELVA

+12.66%

AIRTP

+8.09%

ELVA vs AIRTP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

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

ELVA vs AIRTP Drawdown Comparison

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

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

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

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