Electrovaya Inc. (ELVA)
NASDAQ: ELVA · Real-Time Price · USD
7.33
-1.95 (-21.01%)
At close: Aug 11, 2026, 4:00 PM EDT
7.44
+0.11 (1.50%)
After-hours: Aug 11, 2026, 5:39 PM EDT

Electrovaya Statistics

Total Valuation

Electrovaya has a market cap or net worth of $458.98 million. The enterprise value is $487.48 million.

Market Cap458.98M
Enterprise Value 487.48M

Important Dates

The last earnings date was Monday, August 10, 2026, after market close.

Earnings Date Aug 10, 2026
Ex-Dividend Date n/a

Share Statistics

Electrovaya has 49.74 million shares outstanding. The number of shares has increased by 26.43% in one year.

Current Share Class 49.51M
Shares Outstanding 49.74M
Shares Change (YoY) +26.43%
Shares Change (QoQ) +1.62%
Owned by Insiders (%) 35.26%
Owned by Institutions (%) 27.91%
Float 29.82M

Valuation Ratios

The trailing PE ratio is 78.28 and the forward PE ratio is 52.36.

PE Ratio 78.28
Forward PE 52.36
PS Ratio 6.39
Forward PS 4.43
PB Ratio 6.83
P/TBV Ratio 6.83
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 110.54
EV / Sales 6.79
EV / EBITDA 60.15
EV / EBIT 72.60
EV / FCF n/a

Financial Position

The company has a current ratio of 7.53, with a Debt / Equity ratio of 0.61.

Current Ratio 7.53
Quick Ratio 4.27
Debt / Equity 0.61
Debt / EBITDA 4.83
Debt / FCF n/a
Interest Coverage 3.04

Financial Efficiency

Return on equity (ROE) is 9.85% and return on invested capital (ROIC) is 7.81%.

Return on Equity (ROE) 9.85%
Return on Assets (ROA) 4.87%
Return on Invested Capital (ROIC) 7.81%
Return on Capital Employed (ROCE) 6.19%
Weighted Average Cost of Capital (WACC) 7.31%
Revenue Per Employee $740,454
Profits Per Employee $45,464
Employee Count97
Asset Turnover 0.83
Inventory Turnover 2.50

Taxes

Income Tax -2.15M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +58.66% in the last 52 weeks. The beta is 0.61, so Electrovaya's price volatility has been lower than the market average.

Beta (5Y) 0.61
52-Week Price Change +58.66%
50-Day Moving Average 9.52
200-Day Moving Average 8.42
Relative Strength Index (RSI) 39.16
Average Volume (20 Days) 2,318,691

Short Selling Information

The latest short interest is 2.33 million, so 4.69% of the outstanding shares have been sold short.

Short Interest 2.33M
Short Previous Month 1.91M
Short % of Shares Out 4.69%
Short % of Float 7.82%
Short Ratio (days to cover) 1.32

Income Statement

In the last 12 months, Electrovaya had revenue of $71.82 million and earned $4.41 million in profits. Earnings per share was $0.09.

Revenue71.82M
Gross Profit 23.70M
Operating Income 6.72M
Pretax Income 2.26M
Net Income 4.41M
EBITDA 8.11M
EBIT 6.72M
Earnings Per Share (EPS) $0.09
Full Income Statement

Balance Sheet

The company has $13.08 million in cash and $41.06 million in debt, with a net cash position of -$27.97 million or -$0.56 per share.

Cash & Cash Equivalents 13.08M
Total Debt 41.06M
Net Cash -27.97M
Net Cash Per Share -$0.56
Equity (Book Value) 67.23M
Book Value Per Share 1.35
Working Capital 65.87M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$8.34 million and capital expenditures -$7.29 million, giving a free cash flow of -$15.63 million.

Operating Cash Flow -8.34M
Capital Expenditures -7.29M
Depreciation & Amortization 1.39M
Net Borrowing 20.10M
Free Cash Flow -15.63M
FCF Per Share -$0.31
Full Cash Flow Statement

Margins

Gross margin is 33.00%, with operating and profit margins of 9.35% and 6.14%.

Gross Margin 33.00%
Operating Margin 9.35%
Pretax Margin 3.14%
Profit Margin 6.14%
EBITDA Margin 11.28%
EBIT Margin 9.35%
FCF Margin n/a

Dividends & Yields

Electrovaya does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -26.43%
Shareholder Yield -26.43%
Earnings Yield 0.96%
FCF Yield -3.41%

Analyst Forecast

The average price target for Electrovaya is $17.00, which is 131.92% higher than the current price. The consensus rating is "Strong Buy".

Price Target $17.00
Price Target Difference 131.92%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (3Y) 41.08%
EPS Growth Forecast (3Y) 79.15%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 16, 2023. It was a reverse split with a ratio of 1:5.

Last Split Date Jun 16, 2023
Split Type Reverse
Split Ratio 1:5

Scores

Altman Z-Score n/a
Piotroski F-Score 4