ADSE vs BLNK vs ELVA Stock Comparison

Ads-Tec Energy Public, Blink Charging and Electrovaya Prices as of Oct 28, 2026 Peers: Industry group
BLNK Blink Charging Co.
$0.41 -26.8% 1M -76.2% 1Y
Market cap
$58.95M
P/E
–
Revenue (TTM)
$96.55M
Div. yield
–
EV Charging Industrials
1 win
ELVA Electrovaya Inc.
$5.75 -6.2% 1M -6.5% 1Y
Market cap
$242.13M
P/E
51.0x
Revenue (TTM)
$71.82M
Div. yield
–
Energy Storage Industrials
5 wins

Head to Head

9 decided of 12

Electrovaya leads on 5 of the 12 questions below (Electrovaya 5, Ads-Tec Energy Public 3, Blink Charging 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADSEBLNKELVALeader
Larger companyMarket capitalisation $588.04M $58.95M $242.13M ADSE
Cheaper on earningsLower P/E, profitable companies only — -1.2x 51.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 63.9x –
Faster revenue growthRevenue growth, trailing twelve months — -5.9% +30.9% ELVA
More profitableNet margin, trailing twelve months — -52.5% 6.1% ELVA
Better return on capitalReturn on invested capital — -100.0% 3.4% ELVA
Less leveragedLower net debt / EBITDA — 0.8x 4.9x BLNK
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -3.1% -76.2% -6.5% ADSE
Better 5-year returnAnnualised price return, 5 years -0.5%/yr -58.1%/yr +3.2%/yr ELVA
Less volatileAnnualised volatility, 1 year 46.5% 82.6% 94.8% ADSE
Higher overall scoreMean of the five percentile scores vs peers — 55/100 76/100 ELVA

Percentile Scorecard

ADSEBLNKELVA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADSEBLNKELVA
Valuation – 38 #38 of 61 70 #19 of 61
Growth – 90 #7 of 58 95 #4 of 58
Profitability – 41 #33 of 55 76 #14 of 55
Financial Health 6 #67 of 71 51 #35 of 71 56 #32 of 71
Shareholder Returns – – 86 #5 of 29
Overall – 55 76
  • ADSE ranked among 71 companies in Clean Energy Equipment
  • BLNK ranked among 71 companies in Clean Energy Equipment
  • ELVA ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADSEBLNKELVASPY
1 month -10.7%-26.8%-6.2% +0.9%
3 months -19.5%-12.8%-25.0% +5.9%
6 months -17.6%-42.3%-36.1% +8.5%
Year to date -23.3%-38.8%-27.2% +13.3%
1 year -3.1%-76.2%-6.5% +12.4%
3 years +48.1%-82.5%+102.6% +88.1%
3 years, per year +14.0%-44.1%+26.6% +23.5%
5 years -2.7%-98.7%+17.3% +68.2%
5 years, per year -0.5%-58.1%+3.2% +11.0%
10 years —-97.7%-49.6% +263.4%
10 years, per year —-31.5%-6.6% +13.8%

Risk

MeasureADSEBLNKELVASPY
Volatility, 1Y 46.5%82.6%94.8% 12.7%
Downside volatility, 1Y 47.9%81.5%91.2% 12.7%
Beta vs S&P 500, 1Y 0.143.123.46 1.00
Return / volatility, 1Y -0.07-0.92-0.07 0.98
Max drawdown, 5Y -80.6%-99.2%-64.2% -25.4%
From 52-week high -24.5%-76.2%-53.1% -0.9%
52-week high $12.88$1.72$12.26 $779.14
52-week low $9.28$0.38$4.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADSEBLNKELVA
P/E now vs peer median —median 29.4x -1.2xmedian 29.4x 51.0xmedian 29.4x
P/S now vs peer median —median 2.6x 0.6xmedian 2.6x 3.4xmedian 2.6x
EV/EBITDA now vs peer median —median 18.4x -0.6xmedian 18.4x 52.1xmedian 18.4x
P/FCF now vs peer median —median 24.4x -4.6xmedian 24.4x 64.0xmedian 24.4x
P/B now vs peer median 66.3xmedian 1.8x 1.2xmedian 1.8x 3.6xmedian 1.8x
PEG now vs peer median —median 1.07 -0.03median 1.07 —median 1.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADSEBLNKELVA
Revenue – $96.55M $71.82M
Gross profit – $28.68M $23.70M
Operating income – -$51.16M $6.72M
Net income – -$48.32M $4.41M
Free cash flow – -$12.82M $3.78M
R&D – – $4.26M
EPS (diluted) – $-0.35 –
Cash & equivalents $5.24M $34.00M $13.08M
Total debt $49.29M $265.00K $38.27M
Shares (diluted) 56.39M 144.26M –
Enterprise value $505.74M -$75.72M $179.63M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADSEBLNKELVA
P/E – -1.2x 51.0x
P/FCF – -4.6x 64.0x
P/Operating cash flow – -10.3x -29.0x
P/S – 0.6x 3.4x
P/B 66.3x 1.2x 3.6x
P/Tangible book 66.3x 1.4x 3.6x
EV/EBITDA – -0.6x 52.1x
EV/EBIT – -0.5x 39.8x
EV/Revenue – 0.3x 3.7x
EV/FCF – -2.0x 70.6x
EV/Operating cash flow – -4.4x -32.1x
PEG (3Y EPS CAGR) – -0.03 –

Growth

14 metrics
MetricADSEBLNKELVA
Revenue growth (1Y) – -5.9% 30.9%
Revenue CAGR (3Y) – 0.8% 31.3%
Gross profit growth (1Y) – 12.9% 45.1%
Gross profit CAGR (3Y) – 0.7% 43.3%
Operating income growth (1Y) – 76.3% 159.9%
Operating income CAGR (3Y) – 25.7% 52.9%
Net income growth (1Y) – 77.5% 267.2%
Net income CAGR (3Y) – 27.2% 38.9%
EPS growth (1Y) – 83.3% –
EPS CAGR (3Y) – 44.2% –
Operating cash flow growth (1Y) – 88.8% -26.6%
Operating cash flow CAGR (3Y) – 63.4% –
Free cash flow growth (1Y) – 76.6% 145.4%
Free cash flow CAGR (3Y) – 53.2% –

Profitability

14 metrics
MetricADSEBLNKELVA
Gross margin – 29.7% 33.0%
EBITDA margin – -43.6% 7.1%
Operating margin – -53.0% 9.3%
Pretax margin – -49.8% 9.3%
Net margin – -52.5% 6.1%
FCF margin – -13.3% 5.3%
Operating cash flow margin – -5.9% -11.6%
Return on equity – -99.5% 9.8%
Return on assets – -39.7% 5.7%
Return on invested capital – -100.0% 3.4%
Return on capital employed – -76.4% 6.6%
Asset turnover – 0.8x 0.6x
Cash conversion (OCF / net income) – 0.1x -1.9x
Stock comp / revenue – 3.1% 4.6%

Financial Health

11 metrics
MetricADSEBLNKELVA
Debt / assets 52.9% 0.2% 32.3%
Debt / equity 5.6x 0.0x 0.6x
Net debt / EBITDA – 0.8x 4.9x
Debt / FCF – 0.0x 10.1x
Liabilities / assets 90.5% 60.9% 43.3%
Equity / assets 9.5% 39.1% 56.7%
Interest coverage – – 18.8x
Current ratio 0.9x 1.2x 7.5x
Quick ratio 0.2x 0.9x 4.3x
Cash ratio 0.1x 0.6x 1.3x
Altman Z-score – -9.63 2.83

Shareholder Returns

7 metrics
MetricADSEBLNKELVA
Dividend yield – – –
Net buyback yield – – 1.7%
Shareholder yield – – 1.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADSEBLNKELVA
Forward P/E – – 63.9xFY2026
EPS, next fiscal year $-0.58FY2026 $-0.21FY2026 $0.09FY2026
EPS growth, next FY – – 0.0%FY2026
EPS growth, the year after – – +133.3%
Revenue, next fiscal year $206.66MFY2026 $90.27MFY2026 $74.36MFY2026
Revenue growth, next FY +553.0%FY2026 -12.8%FY2026 +16.5%FY2026
Revenue growth, the year after – +20.4% +44.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADSEBLNKELVA
Held by institutions 60.4% 12.1% 37.1%
Institutions holding 16 113 94
Change in shares held, QoQ +3.3% -26.4% +4.8%
Institutions buying 5 37 52
Institutions selling 2 27 26
Buyers to sellers 2.50 1.37 2.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADSEBLNKELVA
ADSE 1.00 0.03 0.04
BLNK 0.03 1.00 0.31
ELVA 0.04 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ADSE, BLNK and ELVA?

Ads-Tec Energy Public (ADSE) is the largest by market capitalisation: Ads-Tec Energy Public (ADSE) $588.04M, Blink Charging (BLNK) $58.95M, Electrovaya (ELVA) $242.13M.

Which company is growing faster?

Electrovaya (ELVA) grew revenue fastest over the trailing twelve months: Blink Charging (BLNK) -5.9%, Electrovaya (ELVA) +30.9%.

Which company is more profitable?

Electrovaya (ELVA) has the highest net margin (Blink Charging (BLNK) -52.5%, Electrovaya (ELVA) 6.1%). On return on invested capital, Electrovaya (ELVA) leads (Blink Charging (BLNK) -100.0%, Electrovaya (ELVA) 3.4%).

Which stock has performed better?

Over the past year Ads-Tec Energy Public (ADSE) returned the most: Ads-Tec Energy Public (ADSE) -3.1%, Blink Charging (BLNK) -76.2%, Electrovaya (ELVA) -6.5%. Over five years, Electrovaya (ELVA) compounded fastest (Ads-Tec Energy Public (ADSE) -0.5%/yr, Blink Charging (BLNK) -58.1%/yr, Electrovaya (ELVA) +3.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ads-Tec Energy Public (ADSE) has been the steadiest (Ads-Tec Energy Public (ADSE) 46.5%, Blink Charging (BLNK) 82.6%, Electrovaya (ELVA) 94.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ADSE, BLNK and ELVA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Electrovaya (ELVA) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.