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ELVA logo

Electrovaya TSX:ELVA Stock Report

Last Price

CA$4.39

Market Cap

CA$179.2m

7D

8.4%

1Y

10.6%

Updated

21 May, 2025

Data

Company Financials +

ELVA Stock Overview

Engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. More details

ELVA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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Electrovaya Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Electrovaya
Historical stock prices
Current Share PriceCA$4.39
52 Week HighCA$4.60
52 Week LowCA$2.54
Beta2
1 Month Change22.28%
3 Month Change31.83%
1 Year Change10.58%
3 Year Change43.93%
5 Year Change251.20%
Change since IPO-87.46%

Recent News & Updates

author-image

Jamestown Cell Manufacturing And Battery Insights Will Build Resilience

Electrovaya's strategic focus on diverse, recurring revenue streams and manufacturing expansion suggests potential for improved revenue growth and operational efficiency.

Why Investors Shouldn't Be Surprised By Electrovaya Inc.'s (TSE:ELVA) Low P/S

May 16
Why Investors Shouldn't Be Surprised By Electrovaya Inc.'s (TSE:ELVA) Low P/S

Recent updates

author-image

Jamestown Cell Manufacturing And Battery Insights Will Build Resilience

Electrovaya's strategic focus on diverse, recurring revenue streams and manufacturing expansion suggests potential for improved revenue growth and operational efficiency.

Why Investors Shouldn't Be Surprised By Electrovaya Inc.'s (TSE:ELVA) Low P/S

May 16
Why Investors Shouldn't Be Surprised By Electrovaya Inc.'s (TSE:ELVA) Low P/S

Is Electrovaya (TSE:ELVA) Using Too Much Debt?

Mar 19
Is Electrovaya (TSE:ELVA) Using Too Much Debt?

There's Been No Shortage Of Growth Recently For Electrovaya's (TSE:ELVA) Returns On Capital

Mar 05
There's Been No Shortage Of Growth Recently For Electrovaya's (TSE:ELVA) Returns On Capital

Electrovaya Inc. (TSE:ELVA) Stock Rockets 26% But Many Are Still Ignoring The Company

Nov 26
Electrovaya Inc. (TSE:ELVA) Stock Rockets 26% But Many Are Still Ignoring The Company

Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Sep 16
Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Aug 15
Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Aug 03
Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

May 21
Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Dec 05
These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Is Electrovaya (TSE:ELVA) A Risky Investment?

Aug 30
Is Electrovaya (TSE:ELVA) A Risky Investment?

Shareholder Returns

ELVACA ElectricalCA Market
7D8.4%-0.3%1.7%
1Y10.6%-25.8%10.7%

Return vs Industry: ELVA exceeded the Canadian Electrical industry which returned -25.8% over the past year.

Return vs Market: ELVA matched the Canadian Market which returned 10.7% over the past year.

Price Volatility

Is ELVA's price volatile compared to industry and market?
ELVA volatility
ELVA Average Weekly Movement7.9%
Electrical Industry Average Movement11.2%
Market Average Movement9.7%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.1%

Stable Share Price: ELVA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ELVA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199697Raj Guptaelectrovaya.com

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology.

Electrovaya Inc. Fundamentals Summary

How do Electrovaya's earnings and revenue compare to its market cap?
ELVA fundamental statistics
Market capCA$179.20m
Earnings (TTM)-CA$41.47k
Revenue (TTM)CA$66.37m
2.7x
P/S Ratio
-4,244x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELVA income statement (TTM)
RevenueUS$48.02m
Cost of RevenueUS$33.50m
Gross ProfitUS$14.52m
Other ExpensesUS$14.55m
Earnings-US$30.00k

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.00075
Gross Margin30.23%
Net Profit Margin-0.063%
Debt/Equity Ratio61.9%

How did ELVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/21 21:19
End of Day Share Price 2025/05/21 00:00
Earnings2025/03/31
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Electrovaya Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carter DriscollB. Riley Securities, Inc.
Michael WillemseCIBC Capital Markets
Bryce DilleCitizens JMP Securities, LLC