Financial Review: TNR Technical (OTCMKTS:TNRK) vs. Electrovaya (NASDAQ:ELVA)

TNR Technical (OTCMKTS:TNRK) and Electrovaya (NASDAQ:ELVA) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

Institutional and Insider Ownership

22.5% of Electrovaya shares are held by institutional investors. 58.0% of TNR Technical shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares TNR Technical and Electrovaya”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TNR Technical	N/A	N/A	N/A	N/A	N/A
Electrovaya	$44.06 million	1.64	-$1.48 million	($0.01)	-213.00

TNR Technical has higher earnings, but lower revenue than Electrovaya.

Analyst Ratings

This is a breakdown of current recommendations and price targets for TNR Technical and Electrovaya, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TNR Technical	0	0	0	0	N/A
Electrovaya	0	0	5	0	3.00

Electrovaya has a consensus price target of $8.75, indicating a potential upside of 310.80%. Given Electrovaya’s higher possible upside, analysts clearly believe Electrovaya is more favorable than TNR Technical.

Profitability

This table compares TNR Technical and Electrovaya’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TNR Technical	N/A	N/A	N/A
Electrovaya	-1.34%	-8.02%	-1.63%

About TNR Technical

TNR Technical, Inc. engages in the design, assemble, and market of batteries and multi-cell battery packs to a variety of industrial, commercial, and retail markets. It includes alkaline cells, lithium cells, lithium coin cells, silver oxide and sealed lead acid batteries, and battery chargers. The company was founded on October 4, 1979 and is headquartered in Sanford, FL.

About Electrovaya

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.