Axion Power International (OTCMKTS:AXPWQ) and Electra Battery Materials (NASDAQ:ELBM) Head to Head Analysis

Electra Battery Materials (NASDAQ:ELBM) and Axion Power International (OTCMKTS:AXPWQ) are both basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.

Profitability

This table compares Electra Battery Materials and Axion Power International’s 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%
Axion Power International	N/A	N/A	N/A

Volatility and Risk

Electra Battery Materials has a beta of 2.61, indicating that its share price is 161% more volatile than the S&P 500. Comparatively, Axion Power International has a beta of -3.48, indicating that its share price is 448% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Electra Battery Materials and Axion Power International, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Electra Battery Materials	0	0	1	1	3.50
Axion Power International	0	0	0	0	0.00

Electra Battery Materials presently has a consensus target price of $1.30, indicating a potential upside of 170.89%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Electra Battery Materials is more favorable than Axion Power International.

Insider and Institutional Ownership

32.9% of Electra Battery Materials shares are owned by institutional investors. 22.7% of Electra Battery Materials shares are owned by company insiders. Comparatively, 0.1% of Axion Power International shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Electra Battery Materials and Axion Power International”s 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)	-0.54
Axion Power International	N/A	N/A	N/A	N/A	N/A

Summary

Electra Battery Materials beats Axion Power International on 7 of the 9 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 Axion Power International

Axion Power International, Inc. focuses on PbC battery technology business. It offers hybrid asymmetric energy storage devices. The company was founded in 2003 and is based in Boardman, Ohio.