Head-To-Head Analysis: Electra Battery Materials (NASDAQ:ELBM) and Eos Energy Enterprises (NASDAQ:EOSE)

Electra Battery Materials (NASDAQ:ELBM) and Eos Energy Enterprises (NASDAQ:EOSE) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, institutional ownership, dividends, valuation, analyst recommendations, earnings and risk.

Risk and Volatility

Electra Battery Materials has a beta of 2.61, meaning that its stock price is 161% more volatile than the S&P 500. Comparatively, Eos Energy Enterprises has a beta of 2.31, meaning that its stock price is 131% more volatile than the S&P 500.

Valuation & Earnings

This table compares Electra Battery Materials and Eos Energy Enterprises”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Electra Battery Materials	N/A	N/A	-$47.90 million	($0.89)	-0.47
Eos Energy Enterprises	$14.96 million	49.52	-$229.51 million	($2.41)	-1.41

Electra Battery Materials has higher earnings, but lower revenue than Eos Energy Enterprises. Eos Energy Enterprises is trading at a lower price-to-earnings ratio than Electra Battery Materials, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Electra Battery Materials and Eos Energy Enterprises’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Electra Battery Materials	N/A	-39.33%	-19.52%
Eos Energy Enterprises	-3,067.26%	N/A	-89.33%

Analyst Recommendations

This is a summary of recent ratings and target prices for Electra Battery Materials and Eos Energy Enterprises, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Electra Battery Materials	0	0	1	1	3.50
Eos Energy Enterprises	0	2	4	0	2.67

Electra Battery Materials presently has a consensus price target of $1.30, suggesting a potential upside of 208.79%. Eos Energy Enterprises has a consensus price target of $3.90, suggesting a potential upside of 14.71%. Given Electra Battery Materials’ stronger consensus rating and higher possible upside, research analysts clearly believe Electra Battery Materials is more favorable than Eos Energy Enterprises.

Insider and Institutional Ownership

32.9% of Electra Battery Materials shares are held by institutional investors. Comparatively, 54.9% of Eos Energy Enterprises shares are held by institutional investors. 22.7% of Electra Battery Materials shares are held by company insiders. Comparatively, 3.8% of Eos Energy Enterprises shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Electra Battery Materials beats Eos Energy Enterprises on 10 of the 14 factors compared between the two stocks.

About Electra Battery Materials

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.

About Eos Energy Enterprises

Eos Energy Enterprises, Inc. designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility. Its flagship product is Gen 2.3 battery module. In addition, the company offers Z3 battery module that provides utilities, independent power producers, renewables developers, and C&I customers with an alternative to lithium-ion and lead-acid monopolar batteries for critical 3- to 12-hour discharge duration applications; battery management system, which provides a remote asset monitoring capability and service to track the performance and health of BESS and identify future system performance issues through predictive analytics; and project management and commissioning services, as well as long-term maintenance plans. Eos Energy Enterprises, Inc. is headquartered in Edison, New Jersey.