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Electrovaya Inc. (ELVA)

5.28 -0.35 (-6.22%)
At close: October 30 at 4:00:01 PM EDT
5.28 0.00 (0.00%)
Overnight: 8:01:22 PM EST
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Chart Range Bar
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  • Previous Close 5.63
  • Open 5.36
  • Bid 3.79 x 200
  • Ask 6.65 x 200
  • Day's Range 5.17 - 5.44
  • 52 Week Range 4.10 - 12.78
  • Volume 553,067
  • Avg. Volume 478,843
  • Market Cap (intraday) 263.994M
  • Beta (5Y Monthly) 0.78
  • PE Ratio (TTM) 52.80
  • EPS (TTM) 0.10
  • Earnings Date (est.) Dec 9, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 14.60
  • Zacks Rating Neutral

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. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

electrovaya.com

--

Full Time Employees

September 30

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

ELVA
31.78%
S&P/TSX Composite index (^GSPTSE)
11.78%

1-Year Return

ELVA
18.27%
S&P/TSX Composite index (^GSPTSE)
18.03%

3-Year Return

ELVA
89.25%
S&P/TSX Composite index (^GSPTSE)
88.90%

5-Year Return

ELVA
7.76%
S&P/TSX Composite index (^GSPTSE)
69.32%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 17.71M
Earnings 305k
Profit Margin 1.72%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
5M
10M
15M
20M
2.0%
4.0%
6.0%
8.0%

Analyst Insights

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Analyst Price Targets

11.00
14.60 Average
5.28 Current
20.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/12/2026
Analyst Oppenheimer
Rating Action Maintains
Rating Outperform
Price Action Lowers
Price Target 14 -> 13

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.14%

  • Return on Assets (ttm)

    4.87%

  • Return on Equity (ttm)

    9.85%

  • Revenue (ttm)

    71.82M

  • Net Income Avi to Common (ttm)

    4.41M

  • Diluted EPS (ttm)

    0.10

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    13.08M

  • Total Debt/Equity (mrq)

    61.07%

  • Levered Free Cash Flow (ttm)

    -22.05M

Company Insights

Research Reports

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