ELECTROVAYA INC (ELVA.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ELVA - CA28617B6061 - Common Stock
7.38 CAD
+0.03 (+0.41%)
ELVA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 15 industry peers in the Electrical Equipment industry. Both the profitability and the financial health of ELVA get a neutral evaluation. Nothing too spectacular is happening here. ELVA is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year ELVA was profitable.
In the past year ELVA has reported a negative cash flow from operations.
ELVA had negative earnings in 4 of the past 5 years.
In the past 5 years ELVA reported 4 times negative operating cash flow.
1.2 Ratios
ELVA's Return On Assets of 2.24% is amongst the best of the industry. ELVA outperforms 85.71% of its industry peers.
The Return On Equity of ELVA (5.40%) is better than 85.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.96%, ELVA belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | 5.4% | ||
| ROIC | 5.96% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.20%, ELVA belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
ELVA has a better Operating Margin (6.55%) than 85.71% of its industry peers.
Looking at the Gross Margin, with a value of 29.77%, ELVA is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
ELVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.55% | ||
| PM (TTM) | 2.2% | ||
| GM | 29.77% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELVA is destroying value.
The number of shares outstanding for ELVA has been increased compared to 1 year ago.
ELVA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ELVA is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.33 indicates that ELVA is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.33, ELVA perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
ELVA has a Debt/Equity ratio of 0.91. This is a neutral value indicating ELVA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.91, ELVA is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.33 |
ROIC/WACC0.77
WACC7.79%
2.3 Liquidity
A Current Ratio of 4.03 indicates that ELVA has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.03, ELVA is doing good in the industry, outperforming 78.57% of the companies in the same industry.
ELVA has a Quick Ratio of 2.88. This indicates that ELVA is financially healthy and has no problem in meeting its short term obligations.
ELVA has a better Quick ratio (2.88) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.03 | ||
| Quick Ratio | 2.88 |
3. Growth
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 Revenue has grown by 13.50% in the past year. This is quite good.
The Revenue has been growing by 55.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)400%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)13.5%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%66.76%
3.2 Future
ELVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 99.04% yearly.
The Revenue is expected to grow by 38.65% on average over the next years. This is a very strong growth
EPS Next Y941.5%
EPS Next 2Y206.51%
EPS Next 3Y153.45%
EPS Next 5Y99.04%
Revenue Next Year42.11%
Revenue Next 2Y44.08%
Revenue Next 3Y42.07%
Revenue Next 5Y38.65%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 184.50, the valuation of ELVA can be described as expensive.
85.71% of the companies in the same industry are more expensive than ELVA, based on the Price/Earnings ratio.
ELVA is valuated expensively when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 23.87, which indicates a rather expensive current valuation of ELVA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ELVA is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of ELVA to the average of the S&P500 Index (23.69), we can say ELVA is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 184.5 | ||
| Fwd PE | 23.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELVA is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 52.67 |
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.
ELVA's earnings are expected to grow with 153.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y206.51%
EPS Next 3Y153.45%
5. Dividend
5.1 Amount
ELVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELVA (12/5/2025, 7:00:00 PM)
7.38
+0.03 (+0.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners12.55%
Inst Owner ChangeN/A
Ins Owners29.86%
Ins Owner ChangeN/A
Market Cap335.86M
Revenue(TTM)54.88M
Net Income(TTM)1.21M
Analysts82
Price Target7.4 (0.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0
Avg EPS beat(2)-28.7%
Min EPS beat(2)-28.7%
Max EPS beat(2)-28.7%
EPS beat(4)2
Avg EPS beat(4)16.04%
Min EPS beat(4)-28.7%
Max EPS beat(4)100%
EPS beat(8)4
Avg EPS beat(8)8.13%
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)-5.18%
Min Revenue beat(2)-7.69%
Max Revenue beat(2)-2.68%
Revenue beat(4)0
Avg Revenue beat(4)-6.41%
Min Revenue beat(4)-9.7%
Max Revenue beat(4)-2.68%
Revenue beat(8)1
Avg Revenue beat(8)-12.2%
Revenue beat(12)1
Avg Revenue beat(12)-12.16%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)241.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 184.5 | ||
| Fwd PE | 23.87 | ||
| P/S | 4.39 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 10.79 | ||
| P/tB | 10.79 | ||
| EV/EBITDA | 52.67 |
EPS(TTM)0.04
EY0.54%
EPS(NY)0.31
Fwd EY4.19%
FCF(TTM)-0.26
FCFYN/A
OCF(TTM)-0.2
OCFYN/A
SpS1.68
BVpS0.68
TBVpS0.68
PEG (NY)0.2
PEG (5Y)N/A
Graham Number0.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | 5.4% | ||
| ROCE | 8.28% | ||
| ROIC | 5.96% | ||
| ROICexc | 6.15% | ||
| ROICexgc | 6.15% | ||
| OM | 6.55% | ||
| PM (TTM) | 2.2% | ||
| GM | 29.77% | ||
| FCFM | N/A |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
F-Score3
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.13 | ||
| Cap/Depr | 148.12% | ||
| Cap/Sales | 3.65% | ||
| Interest Coverage | 2.1 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.03 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 3.33 |
F-Score3
WACC7.79%
ROIC/WACC0.77
Cap/Depr(3y)26.17%
Cap/Depr(5y)54.51%
Cap/Sales(3y)0.56%
Cap/Sales(5y)1.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)400%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y941.5%
EPS Next 2Y206.51%
EPS Next 3Y153.45%
EPS Next 5Y99.04%
Revenue 1Y (TTM)13.5%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%66.76%
Revenue Next Year42.11%
Revenue Next 2Y44.08%
Revenue Next 3Y42.07%
Revenue Next 5Y38.65%
EBIT growth 1Y69.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year183.77%
EBIT Next 3Y107.95%
EBIT Next 5YN/A
FCF growth 1Y25.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.94%
OCF growth 3YN/A
OCF growth 5YN/A
ELECTROVAYA INC / ELVA.CA FAQ
What is the ChartMill fundamental rating of ELECTROVAYA INC (ELVA.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ELVA.CA.
Can you provide the valuation status for ELECTROVAYA INC?
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 5 / 10.
How financially healthy is ELECTROVAYA INC?
The financial health rating of ELECTROVAYA INC (ELVA.CA) is 4 / 10.