COMP <GO>

ELVA vs SES // RSI-14 & 200D SMA MOMENTUM

Electrovaya Inc. (NASDAQ) VS. SES AI Corporation (Class A) (NYSE) • 15-METRIC TALLY: ELVA 0 — SES 2

▲ RSI-14 & 200D SMA MOMENTUM LEADER: SES

LAST: $5.63 (-2.09%) • MKT CAP: $281.5M

rsi-technicals

41.6

LAST: $0.91 (+9.74%) • MKT CAP: $322.5M

rsi-technicals

53.3

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ELVA VS. SES) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	ELVA	SES	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	53.80%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	-35.00%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	-18.98%	—	TIE	/fcf-yield <GO>
Operating Margin	—	-60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	-60.00%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	180.00%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	1.36	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	5/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum ACTIVE	41.6	53.3	-11.68	SES	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$281.5M	$322.5M	-$41.0M	SES	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	ELVA REV	SES REV	ELVA GROSS %	SES GROSS %	ELVA FCF	SES FCF
FY 2025	—	$21.0M	—	53.8%	—	-$61.2M
FY 2024	—	$2.0M	—	63.1%	—	-$78.3M
FY 2023	—	$0	—	—	—	-$56.4M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

ELVA // BETA —

SES // BETA —