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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Electrovaya Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$3.16 |
| 52 Week High | CA$6.03 |
| 52 Week Low | CA$2.54 |
| Beta | 1.47 |
| 1 Month Change | -3.95% |
| 3 Month Change | 3.27% |
| 1 Year Change | -22.36% |
| 3 Year Change | -35.51% |
| 5 Year Change | 261.14% |
| Change since IPO | -90.97% |
Recent News & Updates
Recent updates
Electrovaya Inc. (TSE:ELVA) Stock Rockets 26% But Many Are Still Ignoring The Company
Nov 26
Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet
Sep 16Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year
Aug 15Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden
Aug 03Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues
May 21These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively
Dec 05Is Electrovaya (TSE:ELVA) A Risky Investment?
Aug 30Shareholder Returns
| ELVA | CA Electrical | CA Market | |
|---|---|---|---|
| 7D | -12.2% | -0.9% | -2.6% |
| 1Y | -22.4% | -24.0% | 15.2% |
Return vs Industry: ELVA exceeded the Canadian Electrical industry which returned -24% over the past year.
Return vs Market: ELVA underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| ELVA volatility | |
|---|---|
| ELVA Average Weekly Movement | 9.5% |
| Electrical Industry Average Movement | 11.3% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
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 (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 97 | Raj Gupta | electrovaya.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
| ELVA fundamental statistics | |
|---|---|
| Market cap | CA$124.23m |
| Earnings (TTM) | -CA$2.13m |
| Revenue (TTM) | CA$64.11m |
1.9x
P/S Ratio-58.2x
P/E RatioIs ELVA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELVA income statement (TTM) | |
|---|---|
| Revenue | US$44.62m |
| Cost of Revenue | US$30.93m |
| Gross Profit | US$13.69m |
| Other Expenses | US$15.17m |
| Earnings | -US$1.48m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.038 |
| Gross Margin | 30.68% |
| Net Profit Margin | -3.33% |
| Debt/Equity Ratio | 214.7% |
How did ELVA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Electrovaya Inc. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Grampp | Alliance Global Partners |
| Carter Driscoll | B. Riley Securities, Inc. |
| Michael Willemse | CIBC Capital Markets |