Nitro, I'm sure Wayne will provide a proper explanation but the answer is no.
The ESR in the meter name stands for the Effective DC Series Resistance internal to the pack and is not the same as capacitor ESR which is an AC parameter. The ESR/IR meter needs the LiPo pack to power it and supply the voltage for the measurement.
Originally Posted by nitrodude71
i own this meter and what a great piece of equipment it is and was wandering is there any way possible to use this meter to test the esr of electrolytic capacitor's? as i also work on tv's and electronics as a hobby but my $220 esr meter bit the dust. so i thought if i could use this one i could save a few bucks. thanks