GDYN vs ELVA

Comparison between Grid Dynamics Holdings Inc - Class A (GDYN, Company) and Electrovaya Inc (ELVA, Company).

GDYN is from the Technology sector, while ELVA is from the Industrials sector.

5-Year PerformanceELVA has outperformed GDYN, delivering a return of +15.5% compared to -21.8%

GDYN vs ELVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDYN(COMPANY)	ELVA(COMPANY)
Market Cap	$468M	$470M
Max Drawdown	87.62%	96.90%
Sharpe Ratio	-0.86	1.31
5Y Beta	1.23	1.21
Industry	Information Technology Services	Electrical Equipment & Parts
P/E Ratio	90.03	82.07
Forward P/E	131.58	32.79
5Y EPS CAGR	N/A	33.69%
Debt to Equity	0.00%	54.58%
Free Cash Flow Yield	5.06%	-7.25%

Market Cap

GDYN

$468M

Winner

ELVA

$470M

Max Drawdown

Winner

GDYN

87.62%

ELVA

96.90%

Sharpe Ratio

GDYN

-0.86

Winner

ELVA

1.31

5Y Beta

GDYN

1.23

Winner

ELVA

1.21

Industry

GDYN

Information Technology Services

ELVA

Electrical Equipment & Parts

P/E Ratio

GDYN

90.03

Winner

ELVA

82.07

Forward P/E

GDYN

131.58

Winner

ELVA

32.79

5Y EPS CAGR

GDYN

N/A

ELVA

33.69%

Debt to Equity

Winner

GDYN

0.00%

ELVA

54.58%

Free Cash Flow Yield

Winner

GDYN

5.06%

ELVA

-7.25%

GDYN vs ELVA - Historical Returns

Returns include dividend reinvestment.

Period	GDYN	ELVA
1 month	+3.51%	-13.45%
3 months	+0.72%	-15.07%
6 months	-34.69%	-21.78%
1 year	-48.01%	+84.98%
5 years(CAGR)	-21.82%	+15.47%
10 years(CAGR)	N/A	-4.05%
Max(CAGR)	-6.59%	+12.66%

Winner

GDYN

+3.51%

ELVA

-13.45%

Winner

GDYN

+0.72%

ELVA

-15.07%

GDYN

-34.69%

Winner

ELVA

-21.78%

GDYN

-48.01%

Winner

ELVA

+84.98%

5Y(CAGR)

GDYN

-21.82%

Winner

ELVA

+15.47%

10Y(CAGR)

GDYN

N/A

ELVA

-4.05%

Max(CAGR)

GDYN

-6.59%

Winner

ELVA

+12.66%

GDYN vs ELVA - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	GDYN	ELVA
2026	-36.47%	+8.84%
2025	-58.95%	+209.80%
2024	+69.64%	-20.13%
2023	+18.70%	-15.59%
2022	-71.53%	-1.61%
2021	+207.95%	-38.46%
2020	+16.24%	+742.86%
2019	+12.44%	+36.36%
2018	+1.89%	-77.98%
2017	N/A	-68.48%
2016	N/A	+221.25%

GDYN vs ELVA Drawdown Comparison

The maximum drawdown for GDYN was -87.62%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

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

The current GDYN drawdown is -86.67%. The current ELVA drawdown is -46.48%.

Rank	GDYN	ELVA
#1	-87.62% Dec 27, 2021 - Jun 25, 2026	-96.90% Jul 6, 2016 - Dec 26, 2018
#2	-57.56% Feb 10, 2020 - Jan 22, 2021	-39.69% Apr 19, 2016 - Jun 1, 2016
#3	-20.22% Jun 24, 2021 - Jul 2, 2021	-29.16% Jun 20, 2016 - Jul 6, 2016
#4	-18.38% Sep 24, 2021 - Nov 5, 2021	-15.70% Jan 12, 2016 - Feb 10, 2016
#5	-14.65% Mar 22, 2021 - May 13, 2021	-14.59% Jun 3, 2016 - Jun 15, 2016
#6	-9.35% May 14, 2021 - Jun 14, 2021	-14.43% Mar 18, 2016 - Apr 11, 2016
#7	-9.33% Sep 7, 2021 - Sep 24, 2021	-5.20% Feb 16, 2016 - Mar 1, 2016
#8	-9.16% Aug 6, 2021 - Aug 23, 2021	-2.30% Mar 14, 2016 - Mar 17, 2016
#9	-8.94% Mar 1, 2021 - Mar 19, 2021	-1.23% Apr 12, 2016 - Apr 15, 2016
#10	-8.56% Jul 2, 2021 - Jul 30, 2021	-0.93% Mar 4, 2016 - Mar 10, 2016
#11	-7.81% Feb 9, 2021 - Feb 19, 2021	-0.90% Feb 10, 2016 - Feb 16, 2016
#12	-7.77% Dec 8, 2021 - Dec 22, 2021	-0.49% Apr 15, 2016 - Apr 19, 2016
#13	-6.99% Feb 24, 2021 - Mar 1, 2021	-0.46% Mar 10, 2016 - Mar 14, 2016
#14	-6.76% Nov 15, 2021 - Dec 8, 2021	N/A
#15	-4.50% Nov 15, 2018 - Jun 17, 2019	N/A