Electra Battery Materials (NASDAQ:ELBM – Get Rating) is one of 59 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it weigh in compared to its competitors? We will compare Electra Battery Materials to related companies based on the strength of its valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.
Valuation & Earnings
This table compares Electra Battery Materials and its competitors top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Electra Battery Materials | N/A | $9.65 million | -3.68 |
| Electra Battery Materials Competitors | $720.34 million | $16.75 million | -11.04 |
Electra Battery Materials’ competitors have higher revenue and earnings than Electra Battery Materials. Electra Battery Materials is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
Institutional & Insider Ownership
1.9% of Electra Battery Materials shares are owned by institutional investors. Comparatively, 39.8% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 22.7% of Electra Battery Materials shares are owned by company insiders. Comparatively, 15.6% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of current recommendations and price targets for Electra Battery Materials and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Electra Battery Materials | 0 | 0 | 1 | 0 | 3.00 |
| Electra Battery Materials Competitors | 87 | 461 | 971 | 52 | 2.63 |
Electra Battery Materials presently has a consensus price target of $5.25, suggesting a potential upside of 375.11%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 17.14%. Given Electra Battery Materials’ stronger consensus rating and higher possible upside, equities analysts plainly believe Electra Battery Materials is more favorable than its competitors.
Profitability
This table compares Electra Battery Materials and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Electra Battery Materials | N/A | -23.82% | -14.40% |
| Electra Battery Materials Competitors | -388.51% | -13.18% | -11.62% |
Summary
Electra Battery Materials beats its competitors on 7 of the 13 factors compared.
Electra Battery Materials Company Profile
Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.
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