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Electrovaya Inc.NasdaqCM:ELVA Stock Report

Market Cap US$470.6m
Share Price
US$9.82
n/a
1Y292.8%
7D11.0%
Portfolio Value
View

Electrovaya Inc.

NasdaqCM:ELVA Stock Report

Market Cap: US$470.6m

Electrovaya (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
Valuation0/6
Future Growth6/6
Past Performance3/6
Financial Health3/6
Dividends0/6

ELVA Community Fair Values

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See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Electrovaya Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Electrovaya
Historical stock prices
Current Share PriceCA$9.82
52 Week HighCA$9.96
52 Week LowCA$1.80
Beta0.73
1 Month Change44.84%
3 Month Change51.54%
1 Year Change292.80%
3 Year Change133.17%
5 Year Change9.11%
Change since IPO140.83%

Recent News & Updates

Electrovaya: Real Traction In Forklifts But The Story Is More Fragile Than It Looks

Dec 18

Recent updates

Electrovaya: Real Traction In Forklifts But The Story Is More Fragile Than It Looks

Dec 18

Electrovaya: Decent Growth Prospects But Too Many Red Flags

Jan 22

Shareholder Returns

ELVAUS ElectricalUS Market
7D11.0%6.3%-0.3%
1Y292.8%33.9%15.4%

Return vs Industry: ELVA exceeded the US Electrical industry which returned 33.9% over the past year.

Return vs Market: ELVA exceeded the US Market which returned 15.4% over the past year.

Price Volatility

Is ELVA's price volatile compared to industry and market?
ELVA volatility
ELVA Average Weekly Movement12.1%
Electrical Industry Average Movement10.6%
Market Average Movement6.4%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: ELVA's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ELVA's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/aRaj 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 operates infinity battery systems comprising of low and high voltage systems. The company 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 capUS$470.62m
Earnings (TTM)US$3.36m
Revenue (TTM)US$63.83m
139.9x
P/E Ratio
7.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELVA income statement (TTM)
RevenueUS$63.83m
Cost of RevenueUS$44.11m
Gross ProfitUS$19.72m
Other ExpensesUS$16.36m
EarningsUS$3.36m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.07
Gross Margin30.90%
Net Profit Margin5.27%
Debt/Equity Ratio66.6%

How did ELVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/18 05:35
End of Day Share Price 2026/01/16 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

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 13 analysts. 6 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