Is ELVA or ESP more undervalued in 2026?

CirclFi compares Electrovaya Inc. (ELVA) and Espey Mfg. & Electronics Corp. (ESP) using 13 institutional-grade valuation models. ELVA has a Quality of Company score of 1.9/10 while ESP scores 8.9/10.

Which is a better buy — ELVA or ESP?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do ELVA and ESP valuations compare?

ELVA at $11.71 and ESP at $59.64 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ELVA vs ESP Valuation Comparison 2026 — Intrinsic Value Analysis

ELVA

Electrical Equipment & Parts

Electrovaya Inc.

Quality

1.9

out of 10

Value Trap

—

Price

$11.71

Last close

Models

9/13

Active

ESP

Electrical Equipment & Parts

Espey Mfg. & Electronics Corp.

Quality

8.9

out of 10

Value Trap

LOW

Price

$59.64

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	ELVA Fair Value	ELVA Upside	ESP Fair Value	ESP Upside
Bayesian DCF	Intrinsic	$3.10	-73.5%	$63.66	+6.7%
Earnings Power Value	Intrinsic	—	—	$31.40	-47.4%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$2.50	-75.6%	$41.84	-29.8%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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ELVA vs ESP — Which Stock Is More Undervalued?

ESP scores higher with a 8.9/10 quality rating vs ELVA's 1.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Electrovaya Inc. (ELVA) and Espey Mfg. & Electronics Corp. (ESP) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

ELVA currently trades at $11.71 with a QOC of 1.9/10, while ESP trades at $59.64 with a QOC of 8.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).