ELECTROVAYA INC (ELVA.CA) Stock Fundamental Analysis
TSX:ELVA - Toronto Stock Exchange - CA28617B6061 - Common Stock - Currency: CAD
We assign a fundamental rating of 4 out of 10 to ELVA. ELVA was compared to 14 industry peers in the Electrical Equipment industry. While ELVA is still in line with the averages on profitability rating, there are concerns on its financial health. ELVA may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
ELVA had negative earnings in the past year.
ELVA had a positive operating cash flow in the past year.
In the past 5 years ELVA reported 4 times negative net income.
In the past 5 years ELVA reported 4 times negative operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of -3.77%, ELVA belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
With an excellent Return On Equity value of -8.46%, ELVA belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
With an excellent Return On Invested Capital value of 3.56%, ELVA belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.77% | ||
| ROE | -8.46% | ||
| ROIC | 3.56% |
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 Operating Margin, with a value of 4.24%, ELVA belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
ELVA has a better Gross Margin (31.05%) than 78.57% of its industry peers.
In the last couple of years the Gross Margin of ELVA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.24% | ||
| PM (TTM) | N/A | ||
| GM | 31.05% |
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
ELVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ELVA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELVA has more shares outstanding
The debt/assets ratio for ELVA is higher compared to a year ago.
2.2 Solvency
ELVA has an Altman-Z score of -0.27. This is a bad value and indicates that ELVA is not financially healthy and even has some risk of bankruptcy.
ELVA has a Altman-Z score (-0.27) which is in line with its industry peers.
ELVA has a debt to FCF ratio of 23.29. This is a negative value and a sign of low solvency as ELVA would need 23.29 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 23.29, ELVA belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
ELVA has a Debt/Equity ratio of 0.84. This is a neutral value indicating ELVA is somewhat dependend on debt financing.
ELVA has a Debt to Equity ratio of 0.84. This is in the lower half of the industry: ELVA underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 23.29 | ||
| Altman-Z | -0.27 |
ROIC/WACC0.46
WACC7.73%
2.3 Liquidity
A Current Ratio of 1.55 indicates that ELVA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.55, ELVA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.20 indicates that ELVA should not have too much problems paying its short term obligations.
ELVA has a Quick ratio (1.20) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for ELVA have decreased strongly by -300.00% in the last year.
The Revenue has decreased by -9.67% in the past year.
The Revenue has been growing by 55.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-93.55%
Revenue 1Y (TTM)-9.67%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.63%
3.2 Future
The Earnings Per Share is expected to grow by 99.90% on average over the next years. This is a very strong growth
ELVA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 41.32% yearly.
EPS Next Y516.5%
EPS Next 2Y299.25%
EPS Next 3Y156.93%
EPS Next 5Y99.9%
Revenue Next Year50.75%
Revenue Next 2Y57.08%
Revenue Next 3Y52.49%
Revenue Next 5Y41.32%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ELVA. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 6.40, which indicates a rather cheap valuation of ELVA.
100.00% of the companies in the same industry are more expensive than ELVA, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.86, ELVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELVA indicates a rather cheap valuation: ELVA is cheaper than 85.71% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ELVA is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 122.41 | ||
| EV/EBITDA | 27.29 |
4.3 Compensation for Growth
The 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 156.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y299.25%
EPS Next 3Y156.93%
5. Dividend
5.1 Amount
No dividends for ELVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELVA (5/2/2025, 7:00:00 PM)
3.7
+0.04 (+1.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.7%
Inst Owner ChangeN/A
Ins Owners39.66%
Ins Owner ChangeN/A
Market Cap126.28M
Analysts82
Price Target5.87 (58.65%)
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)2
Avg EPS beat(2)60.78%
Min EPS beat(2)21.57%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-42.89%
Min EPS beat(4)-173.52%
Max EPS beat(4)100%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-7.63%
Min Revenue beat(2)-9.7%
Max Revenue beat(2)-5.56%
Revenue beat(4)0
Avg Revenue beat(4)-24.16%
Min Revenue beat(4)-45.33%
Max Revenue beat(4)-5.56%
Revenue beat(8)1
Avg Revenue beat(8)-12.47%
Revenue beat(12)1
Avg Revenue beat(12)-17.48%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-42.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.8%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.4 | ||
| P/S | 2.09 | ||
| P/FCF | 122.41 | ||
| P/OCF | 116.18 | ||
| P/B | 4.55 | ||
| P/tB | 4.55 | ||
| EV/EBITDA | 27.29 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.58
Fwd EY15.63%
FCF(TTM)0.03
FCFY0.82%
OCF(TTM)0.03
OCFY0.86%
SpS1.77
BVpS0.81
TBVpS0.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.77% | ||
| ROE | -8.46% | ||
| ROCE | 8.33% | ||
| ROIC | 3.56% | ||
| ROICexc | 4.55% | ||
| ROICexgc | 4.55% | ||
| OM | 4.24% | ||
| PM (TTM) | N/A | ||
| GM | 31.05% | ||
| FCFM | 1.71% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 23.29 | ||
| Debt/EBITDA | 5.48 | ||
| Cap/Depr | 3.24% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 0.85 | ||
| Cash Conversion | 25.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | -0.27 |
F-Score5
WACC7.73%
ROIC/WACC0.46
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)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-93.55%
EPS Next Y516.5%
EPS Next 2Y299.25%
EPS Next 3Y156.93%
EPS Next 5Y99.9%
Revenue 1Y (TTM)-9.67%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.63%
Revenue Next Year50.75%
Revenue Next 2Y57.08%
Revenue Next 3Y52.49%
Revenue Next 5Y41.32%
EBIT growth 1Y28.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year213.37%
EBIT Next 3Y119.54%
EBIT Next 5YN/A
FCF growth 1Y106.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.76%
OCF growth 3YN/A
OCF growth 5YN/A