I compared performance of ABB Power Products (now Hitachi Energy) and Voltamp and the latter has clearly been a better bet.
Since Dec 2020, ABB power products revenue has increased by 70% and earnings only 70%. Despite that stock price has gone up 8x which is not so much due to earning growth but crazy rerating of multiples.
Voltamp has doubled its revenue and earnings 4 times. Stock price has gone up 11x.
On the valuations front, ABB Power is at 250 P/E and 35 times book capping upside. Voltamp on the other hand is trading at 40 P/E and 10 times book and below average industry valuations still gives it some upside despite significant run up.
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