(ELVA) Electrovaya Common Shares - Ratings and Ratios
Batteries, Energy Storage, Lithium Ion
ELVA EPS (Earnings per Share)
ELVA Revenue
Description: ELVA Electrovaya Common Shares
Electrovaya Inc. Common Shares (NASDAQ:ELVA) is a Canadian-listed stock in the Electrical Components & Equipment sub-industry. The companys market capitalization stands at $190.11 million, indicating a relatively small-cap stock with potential for growth or volatility.
With a forward Price-to-Earnings ratio of 8.97, ELVAs valuation suggests that investors are pricing in future earnings growth. However, the current Return on Equity (RoE) is negative, indicating that the company is currently unprofitable. This disparity between current losses and future earnings expectations implies that investors are betting on the companys potential to turn profitable.
Key economic drivers for ELVA likely include demand for electric vehicle (EV) batteries and other electrical components, as well as government policies supporting the adoption of EVs and renewable energy. As a player in the Electrical Components & Equipment sub-industry, ELVAs performance is closely tied to the growth of the EV market and the overall energy transition.
To gauge ELVAs financial health and operational efficiency, investors should monitor KPIs such as revenue growth, gross margin, and operating expenses as a percentage of revenue. Additionally, tracking the companys cash burn rate and cash reserves will be crucial in assessing its ability to weather potential financial storms and invest in growth initiatives.
From a trading perspective, ELVAs beta of 1.674 indicates that the stock is relatively volatile, with price movements amplified compared to the broader market. This volatility, combined with the stocks relatively small market capitalization, may present both opportunities and risks for traders.
ELVA Stock Overview
| Market Cap in USD | 248m |
| Sub-Industry | Electrical Components & Equipment |
| IPO / Inception | 2016-01-08 |
ELVA Stock Ratings
| Growth Rating | 39.1% |
| Fundamental | 57.8% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 129% |
| Analyst Rating | 4.60 of 5 |
ELVA Dividends
Currently no dividends paidELVA Growth Ratios
| Growth Correlation 3m | 92.4% |
| Growth Correlation 12m | 86.3% |
| Growth Correlation 5y | -55.5% |
| CAGR 5y | 11.13% |
| CAGR/Max DD 3y | 0.17 |
| CAGR/Mean DD 3y | 0.29 |
| Sharpe Ratio 12m | -0.06 |
| Alpha | 180.69 |
| Beta | 0.506 |
| Volatility | 54.34% |
| Current Volume | 322.2k |
| Average Volume 20d | 322.2k |
| Stop Loss | 5.4 (-8.5%) |
| Signal | 0.20 |
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income (1.20m TTM) > 0 and > 6% of Revenue (6% = 3.29m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA -8.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 58.07% (prev -0.74%; Δ 58.81pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.09 (>3.0%) and CFO -4.90m <= Net Income 1.20m (YES >=105%, WARN >=100%) |
| Net Debt (19.6m) to EBITDA (5.40m) ratio: 3.62 <= 3.0 (WARN <= 3.5) |
| Current Ratio 4.03 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (45.4m) change vs 12m ago 32.86% (target <= -2.0% for YES) |
| Gross Margin 29.77% (prev 28.70%; Δ 1.06pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 119.6% (prev 126.7%; Δ -7.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.42 (EBITDA TTM 5.40m / Interest Expense TTM 2.85m) >= 6 (WARN >= 3) |
Altman Z'' -2.93
| (A) 0.59 = (Total Current Assets 42.4m - Total Current Liabilities 10.5m) / Total Assets 54.0m |
| (B) -2.37 = Retained Earnings (Balance) -128.2m / Total Assets 54.0m |
| warn (B) unusual magnitude: -2.37 — check mapping/units |
| (C) 0.09 = EBIT TTM 4.05m / Avg Total Assets 45.9m |
| (D) 0.33 = Book Value of Equity 10.2m / Total Liabilities 31.4m |
| Total Rating: -2.93 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 57.80
| 1. Piotroski 1.50pt = -3.50 |
| 2. FCF Yield 0.34% = 0.17 |
| 3. FCF Margin 1.66% = 0.42 |
| 4. Debt/Equity 0.95 = 2.07 |
| 5. Debt/Ebitda 3.94 = -2.50 |
| 6. ROIC - WACC 2.51% = 3.14 |
| 7. RoE 6.66% = 0.55 |
| 8. Rev. Trend 72.06% = 3.60 |
| 9. Rev. CAGR 24.74% = 2.50 |
| 10. EPS Trend 54.00% = 1.35 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of ELVA shares?
Over the past week, the price has changed by -0.17%, over one month by +27.43%, over three months by +75.06% and over the past year by +170.52%.
Is Electrovaya Common Shares a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ELVA is around 6.21 USD . This means that ELVA is currently overvalued and has a potential downside of 5.25%.
Is ELVA a buy, sell or hold?
- Strong Buy: 3
- Buy: 2
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the ELVA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8.3 | 40.7% |
| Analysts Target Price | 8.3 | 40.7% |
| ValueRay Target Price | 6.9 | 16.1% |
Last update: 2025-09-08 04:37
ELVA Fundamental Data Overview
CCE Cash And Equivalents = 1.29m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 205.6667
P/E Forward = 25.7069
P/S = 4.5176
P/B = 11.08
Beta = 1.739
Revenue TTM = 54.9m USD
EBIT TTM = 4.05m USD
EBITDA TTM = 5.40m USD
Long Term Debt = 20.9m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 409.9k USD (from shortTermDebt, last quarter)
Debt = 21.3m USD (Calculated: Short Term 409.9k + Long Term 20.9m)
Net Debt = 19.6m USD (from netDebt column, last quarter)
Enterprise Value = 267.9m USD (247.9m + Debt 21.3m - CCE 1.29m)
Interest Coverage Ratio = 1.42 (Ebit TTM 4.05m / Interest Expense TTM 2.85m)
FCF Yield = 0.34% (FCF TTM 913.0k / Enterprise Value 267.9m)
FCF Margin = 1.66% (FCF TTM 913.0k / Revenue TTM 54.9m)
Net Margin = 2.19% (Net Income TTM 1.20m / Revenue TTM 54.9m)
Gross Margin = 29.77% ((Revenue TTM 54.9m - Cost of Revenue TTM 38.5m) / Revenue TTM)
Tobins Q-Ratio = 26.17 (Enterprise Value 267.9m / Book Value Of Equity 10.2m)
Interest Expense / Debt = 2.78% (Interest Expense 591.0k / Debt 21.3m)
Taxrate = 21.0% (US default)
NOPAT = 3.20m (EBIT 4.05m * (1 - 21.00%))
Current Ratio = 4.03 (Total Current Assets 42.4m / Total Current Liabilities 10.5m)
Debt / Equity = 0.95 (Debt 21.3m / last Quarter total Stockholder Equity 22.4m)
Debt / EBITDA = 3.94 (Net Debt 19.6m / EBITDA 5.40m)
Debt / FCF = 23.32 (Debt 21.3m / FCF TTM 913.0k)
Total Stockholder Equity = 18.0m (last 4 quarters mean)
RoA = 2.22% (Net Income 1.20m, Total Assets 54.0m )
RoE = 6.66% (Net Income TTM 1.20m / Total Stockholder Equity 18.0m)
RoCE = 10.41% (Ebit 4.05m / (Equity 18.0m + L.T.Debt 20.9m))
RoIC = 9.94% (NOPAT 3.20m / Invested Capital 32.2m)
WACC = 7.43% (E(247.9m)/V(269.2m) * Re(7.88%)) + (D(21.3m)/V(269.2m) * Rd(2.78%) * (1-Tc(0.21)))
Shares Correlation 3-Years: 93.94 | Cagr: 4.01%
Discount Rate = 7.88% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈2.06m ; Y1≈1.35m ; Y5≈617.2k
Fair Price DCF = 0.30 (DCF Value 12.1m / Shares Outstanding 40.1m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 72.06 | Revenue CAGR: 24.74%
Rev Growth-of-Growth: -4.46
EPS Correlation: 54.00 | EPS CAGR: 0.0%
EPS Growth-of-Growth: 55.53
Additional Sources for ELVA Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle