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ELWS vs PELI

Comparison between Earlyworks Co Ltd (ELWS, Company) and Pelican Acquisition Corp (PELI, Company).

ELWS is from the Technology sector, while PELI is from the Financial Services sector.

ELWS vs PELI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
ELWS
$100M
PELI
$99M
Max Drawdown
ELWS
91.33%
Winner
PELI
32.80%
Sharpe Ratio
Winner
ELWS
1.27
PELI
-0.45
Industry
ELWS
Software - Application
PELI
Shell Companies
P/E Ratio
Winner
ELWS
-55.38
PELI
58.71
Debt to Equity
ELWS
66.28%
Winner
PELI
0.22%
Free Cash Flow Yield
ELWS
-1.35%
Winner
PELI
-0.52%
P/B Ratio
ELWS
N/A
PELI
1.08

ELWS vs PELI - Historical Returns

Returns include dividend reinvestment.

1M
ELWS
-43.52%
Winner
PELI
-20.02%
3M
Winner
ELWS
-12.95%
PELI
-19.23%
6M
ELWS
-19.20%
Winner
PELI
-18.11%
1Y
ELWS
+121.17%
PELI
N/A
Max(CAGR)
ELWS
-39.17%
Winner
PELI
-21.66%

ELWS vs PELI - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearELWSPELI
2026-33.51%-18.92%
2025+134.60%+1.81%
2024-26.11%N/A
2023-82.53%N/A

ELWS vs PELI Drawdown Comparison

The maximum drawdown for ELWS was -91.33%, occurring on Aug 12, 2024. This drawdown has not yet recovered.

The maximum drawdown for PELI was -32.80%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The current ELWS drawdown is -75.92%. The current PELI drawdown is -26.65%.

RankELWSPELI
#1-91.33%
Jul 25, 2023 - Aug 12, 2024
-32.80%
Jan 22, 2026 - Mar 20, 2026
#2N/A-2.86%
Jan 14, 2026 - Jan 20, 2026
#3N/A-1.34%
Jan 12, 2026 - Jan 14, 2026
#4N/A-0.69%
Nov 7, 2025 - Dec 15, 2025
#5N/A-0.60%
Jul 28, 2025 - Sep 29, 2025
#6N/A-0.50%
Jun 26, 2025 - Jul 28, 2025
#7N/A-0.49%
Dec 15, 2025 - Jan 7, 2026
#8N/A-0.30%
Oct 10, 2025 - Oct 14, 2025
#9N/A-0.30%
Oct 27, 2025 - Nov 5, 2025
#10N/A-0.22%
Oct 7, 2025 - Oct 10, 2025
#11N/A-0.20%
Jun 12, 2025 - Jun 24, 2025
#12N/A-0.15%
Oct 16, 2025 - Oct 27, 2025
#13N/A-0.13%
Oct 14, 2025 - Oct 16, 2025
#14N/A-0.03%
Oct 1, 2025 - Oct 6, 2025

Correlation

Correlation between ELWS and PELI is -0.02 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.02
-101

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