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Electrovaya TSX:ELVA Stock Report

Last Price

CA$3.17

Market Cap

CA$99.3m

7D

3.3%

1Y

-15.5%

Updated

27 Sep, 2024

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.

ELVA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health2/6
Dividends0/6

Electrovaya Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Electrovaya
Historical stock prices
Current Share PriceCA$3.17
52 Week HighCA$6.03
52 Week LowCA$2.54
Beta1.35
11 Month Change18.73%
3 Month Change-9.94%
1 Year Change-15.47%
33 Year Change-51.97%
5 Year Change194.88%
Change since IPO-90.94%

Recent News & Updates

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

Recent updates

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?

What We Learned About Electrovaya's (TSE:EFL) CEO Pay

Feb 16
What We Learned About Electrovaya's (TSE:EFL) CEO Pay

If You Had Bought Electrovaya (TSE:EFL) Shares A Year Ago You'd Have Earned 629% Returns

Jan 12
If You Had Bought Electrovaya (TSE:EFL) Shares A Year Ago You'd Have Earned 629% Returns

Shareholder Returns

ELVACA ElectricalCA Market
7D3.3%0.3%0.5%
1Y-15.5%-15.3%20.9%

Return vs Industry: ELVA underperformed the Canadian Electrical industry which returned -14.3% over the past year.

Return vs Market: ELVA underperformed the Canadian Market which returned 20.5% over the past year.

Price Volatility

Is ELVA's price volatile compared to industry and market?
ELVA volatility
ELVA Average Weekly Movement5.9%
Electrical Industry Average Movement14.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: ELVA's weekly volatility (6%) 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. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002.

Electrovaya Inc. Fundamentals Summary

How do Electrovaya's earnings and revenue compare to its market cap?
ELVA fundamental statistics
Market capCA$99.33m
Earnings (TTM)CA$800.21k
Revenue (TTM)CA$66.90m

135.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELVA income statement (TTM)
RevenueUS$49.49m
Cost of RevenueUS$34.24m
Gross ProfitUS$15.25m
Other ExpensesUS$14.66m
EarningsUS$592.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.017
Gross Margin30.82%
Net Profit Margin1.20%
Debt/Equity Ratio238.4%

How did ELVA perform over the long term?

See historical performance and comparison