ELECTROVAYA INC (ELVA.CA) Fundamental Analysis & Valuation

TSX:ELVA • CA28617B6061

Current stock price

10.27 CAD
+0.09 (+0.88%)
Last:

This ELVA.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. ELVA.CA Profitability Analysis

1.1 Basic Checks

  • ELVA had positive earnings in the past year.
  • In the past year ELVA had a positive cash flow from operations.
  • In the past 5 years ELVA reported 4 times negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: ELVA reported negative operating cash flow in multiple years.
ELVA.CA Yearly Net Income VS EBIT VS OCF VS FCFELVA.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5M -5M -10M -15M -20M

1.2 Ratios

  • ELVA's Return On Assets of 4.82% is amongst the best of the industry. ELVA outperforms 86.67% of its industry peers.
  • Looking at the Return On Equity, with a value of 7.99%, ELVA belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • ELVA's Return On Invested Capital of 5.54% is amongst the best of the industry. ELVA outperforms 86.67% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ELVA is significantly below the industry average of 12.28%.
  • The 3 year average ROIC (3.51%) for ELVA is below the current ROIC(5.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.82%
ROE 7.99%
ROIC 5.54%
ROA(3y)-0.85%
ROA(5y)-17.81%
ROE(3y)-9.06%
ROE(5y)N/A
ROIC(3y)3.51%
ROIC(5y)N/A
ELVA.CA Yearly ROA, ROE, ROICELVA.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500 1K 1.5K

1.3 Margins

  • ELVA's Profit Margin of 7.07% is amongst the best of the industry. ELVA outperforms 93.33% of its industry peers.
  • In the last couple of years the Profit Margin of ELVA has declined.
  • ELVA has a Operating Margin of 10.10%. This is amongst the best in the industry. ELVA outperforms 93.33% of its industry peers.
  • Looking at the Gross Margin, with a value of 31.41%, ELVA belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ELVA has declined.
Industry RankSector Rank
OM 10.1%
PM (TTM) 7.07%
GM 31.41%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-7.16%
GM growth 3Y7.13%
GM growth 5Y-1.86%
ELVA.CA Yearly Profit, Operating, Gross MarginsELVA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -200 -400 -600 -800

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5

2. ELVA.CA Health Analysis

2.1 Basic Checks

  • ELVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ELVA has more shares outstanding
  • ELVA has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ELVA has an improved debt to assets ratio.
ELVA.CA Yearly Shares OutstandingELVA.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
ELVA.CA Yearly Total Debt VS Total AssetsELVA.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M

2.2 Solvency

  • ELVA has an Altman-Z score of 5.20. This indicates that ELVA is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.20, ELVA is in line with its industry, outperforming 60.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.48 indicates that ELVA is not too dependend on debt financing.
  • ELVA has a worse Debt to Equity ratio (0.48) than 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Altman-Z 5.2
ROIC/WACC0.7
WACC7.89%
ELVA.CA Yearly LT Debt VS Equity VS FCFELVA.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M -10M 20M 30M

2.3 Liquidity

  • A Current Ratio of 6.02 indicates that ELVA has no problem at all paying its short term obligations.
  • ELVA's Current ratio of 6.02 is fine compared to the rest of the industry. ELVA outperforms 73.33% of its industry peers.
  • ELVA has a Quick Ratio of 4.69. This indicates that ELVA is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 4.69, ELVA is doing good in the industry, outperforming 73.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 6.02
Quick Ratio 4.69
ELVA.CA Yearly Current Assets VS Current LiabilitesELVA.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. ELVA.CA Growth Analysis

3.1 Past

  • ELVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 400.00%, which is quite impressive.
  • The Earnings Per Share has been growing by 10.21% on average over the past years. This is quite good.
  • ELVA shows a strong growth in Revenue. In the last year, the Revenue has grown by 56.11%.
  • Measured over the past years, ELVA shows a very strong growth in Revenue. The Revenue has been growing by 34.45% on average per year.
EPS 1Y (TTM)400%
EPS 3YN/A
EPS 5Y10.21%
EPS Q2Q%300%
Revenue 1Y (TTM)56.11%
Revenue growth 3Y47.67%
Revenue growth 5Y34.45%
Sales Q2Q%39.26%

3.2 Future

  • The Earnings Per Share is expected to grow by 61.19% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 33.86% on average over the next years. This is a very strong growth
EPS Next Y62.44%
EPS Next 2Y115.56%
EPS Next 3Y90.5%
EPS Next 5Y61.19%
Revenue Next Year30.86%
Revenue Next 2Y43.27%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
ELVA.CA Yearly Revenue VS EstimatesELVA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 100M 200M 300M 400M
ELVA.CA Yearly EPS VS EstimatesELVA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2019 2020 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 0.5 -0.5 1 -1 1.5

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5

4. ELVA.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 60.41, ELVA can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, ELVA is valued cheaper than 86.67% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ELVA to the average of the S&P500 Index (24.88), we can say ELVA is valued expensively.
  • A Price/Forward Earnings ratio of 17.75 indicates a rather expensive valuation of ELVA.
  • Based on the Price/Forward Earnings ratio, ELVA is valued a bit cheaper than 73.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, ELVA is valued a bit cheaper.
Industry RankSector Rank
PE 60.41
Fwd PE 17.75
ELVA.CA Price Earnings VS Forward Price EarningsELVA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • ELVA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ELVA is cheaper than 86.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 42.59
ELVA.CA Per share dataELVA.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5

4.3 Compensation for Growth

  • ELVA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of ELVA may justify a higher PE ratio.
  • A more expensive valuation may be justified as ELVA's earnings are expected to grow with 90.50% in the coming years.
PEG (NY)0.97
PEG (5Y)5.92
EPS Next 2Y115.56%
EPS Next 3Y90.5%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ELVA.CA Dividend Analysis

5.1 Amount

  • No dividends for ELVA!.
Industry RankSector Rank
Dividend Yield 0%

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ELVA.CA Fundamentals: All Metrics, Ratios and Statistics

ELECTROVAYA INC

TSX:ELVA (3/27/2026, 7:00:00 PM)

10.27

+0.09 (+0.88%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-12
Earnings (Next)05-12
Inst Owners28.86%
Inst Owner ChangeN/A
Ins Owners31.05%
Ins Owner ChangeN/A
Market Cap492.55M
Revenue(TTM)68.21M
Net Income(TTM)4.82M
Analysts82
Price Target10.97 (6.82%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.25%
Min EPS beat(2)17.65%
Max EPS beat(2)56.86%
EPS beat(4)2
Avg EPS beat(4)4.28%
Min EPS beat(4)-28.7%
Max EPS beat(4)56.86%
EPS beat(8)4
Avg EPS beat(8)-19.31%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-3.34%
Max Revenue beat(2)-0.75%
Revenue beat(4)0
Avg Revenue beat(4)-3.61%
Min Revenue beat(4)-7.69%
Max Revenue beat(4)-0.75%
Revenue beat(8)0
Avg Revenue beat(8)-13.89%
Revenue beat(12)1
Avg Revenue beat(12)-9.52%
Revenue beat(16)1
Avg Revenue beat(16)-14.01%
PT rev (1m)13.16%
PT rev (3m)48.11%
EPS NQ rev (1m)-25%
EPS NQ rev (3m)-25%
EPS NY rev (1m)-2.28%
EPS NY rev (3m)-34.1%
Revenue NQ rev (1m)1.79%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-10.42%
Valuation
Industry RankSector Rank
PE 60.41
Fwd PE 17.75
P/S 5.22
P/FCF N/A
P/OCF 96.25
P/B 5.9
P/tB 5.9
EV/EBITDA 42.59
EPS(TTM)0.17
EY1.66%
EPS(NY)0.58
Fwd EY5.63%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)0.11
OCFY1.04%
SpS1.97
BVpS1.74
TBVpS1.74
PEG (NY)0.97
PEG (5Y)5.92
Graham Number2.58
Profitability
Industry RankSector Rank
ROA 4.82%
ROE 7.99%
ROCE 7.69%
ROIC 5.54%
ROICexc 7.41%
ROICexgc 7.41%
OM 10.1%
PM (TTM) 7.07%
GM 31.41%
FCFM N/A
ROA(3y)-0.85%
ROA(5y)-17.81%
ROE(3y)-9.06%
ROE(5y)N/A
ROIC(3y)3.51%
ROIC(5y)N/A
ROICexc(3y)3.88%
ROICexc(5y)N/A
ROICexgc(3y)3.88%
ROICexgc(5y)N/A
ROCE(3y)7.38%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-7.16%
GM growth 3Y7.13%
GM growth 5Y-1.86%
F-Score5
Asset Turnover0.68
Health
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Debt/EBITDA 3.44
Cap/Depr 440.36%
Cap/Sales 10.01%
Interest Coverage 3.63
Cash Conversion 43.82%
Profit Quality N/A
Current Ratio 6.02
Quick Ratio 4.69
Altman-Z 5.2
F-Score5
WACC7.89%
ROIC/WACC0.7
Cap/Depr(3y)127.71%
Cap/Depr(5y)114.13%
Cap/Sales(3y)2.88%
Cap/Sales(5y)2.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)400%
EPS 3YN/A
EPS 5Y10.21%
EPS Q2Q%300%
EPS Next Y62.44%
EPS Next 2Y115.56%
EPS Next 3Y90.5%
EPS Next 5Y61.19%
Revenue 1Y (TTM)56.11%
Revenue growth 3Y47.67%
Revenue growth 5Y34.45%
Sales Q2Q%39.26%
Revenue Next Year30.86%
Revenue Next 2Y43.27%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%
EBIT growth 1Y271.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year131.15%
EBIT Next 3Y95.46%
EBIT Next 5YN/A
FCF growth 1Y-60.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y373.8%
OCF growth 3YN/A
OCF growth 5YN/A

ELECTROVAYA INC / ELVA.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ELECTROVAYA INC (ELVA.CA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to ELVA.CA.


What is the valuation status for ELVA stock?

ChartMill assigns a valuation rating of 5 / 10 to ELECTROVAYA INC (ELVA.CA). This can be considered as Fairly Valued.


How profitable is ELECTROVAYA INC (ELVA.CA) stock?

ELECTROVAYA INC (ELVA.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for ELVA stock?

The Price/Earnings (PE) ratio for ELECTROVAYA INC (ELVA.CA) is 60.41 and the Price/Book (PB) ratio is 5.9.


What is the financial health of ELECTROVAYA INC (ELVA.CA) stock?

The financial health rating of ELECTROVAYA INC (ELVA.CA) is 5 / 10.