ELECTROVAYA INC (ELVA.CA) Fundamental Analysis & Valuation

TSX:ELVA • CA28617B6061

Current stock price

13.28 CAD
-0.61 (-4.39%)
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.
  • ELVA had a positive operating cash flow in the past year.
  • ELVA had negative earnings in 4 of the past 5 years.
  • In multiple years ELVA reported negative operating cash flow during the last 5 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

  • Looking at the Return On Assets, with a value of 4.82%, ELVA belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • With an excellent Return On Equity value of 7.99%, ELVA belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 5.54%, ELVA belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ELVA is significantly below the industry average of 11.27%.
  • 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

  • The Profit Margin of ELVA (7.07%) is better than 93.33% of its industry peers.
  • ELVA's Profit Margin has declined in the last couple of years.
  • 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 93.33% 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELVA is destroying value.
  • ELVA has more shares outstanding than it did 1 year ago.
  • ELVA has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ELVA has been reduced compared to a year ago.
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

  • An Altman-Z score of 6.90 indicates that ELVA is not in any danger for bankruptcy at the moment.
  • ELVA's Altman-Z score of 6.90 is in line compared to the rest of the industry. ELVA outperforms 60.00% of its industry peers.
  • A Debt/Equity ratio of 0.48 indicates that ELVA is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.48, ELVA is doing worse than 60.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Altman-Z 6.9
ROIC/WACC0.69
WACC8.04%
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.
  • The Current ratio of ELVA (6.02) is better than 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.
  • Looking at the Quick ratio, with a value of 4.69, ELVA is in the better half of the industry, outperforming 66.67% 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

  • The Earnings Per Share has grown by an impressive 400.00% over the past year.
  • Measured over the past years, ELVA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.21% on average per year.
  • Looking at the last year, ELVA shows a very strong growth in Revenue. 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

  • Based on estimates for the next years, ELVA will show a very strong growth in Earnings Per Share. The EPS will grow by 61.19% on average per year.
  • The Revenue is expected to grow by 33.86% on average over the next years. This is a very strong growth
EPS Next Y55.83%
EPS Next 2Y104.78%
EPS Next 3Y90.5%
EPS Next 5Y61.19%
Revenue Next Year31.61%
Revenue Next 2Y41.19%
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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4

4. ELVA.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • ELVA is valuated quite expensively with a Price/Earnings ratio of 83.00.
  • 86.67% 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 27.35, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 25.72 indicates a quite expensive valuation of ELVA.
  • 73.33% of the companies in the same industry are more expensive than ELVA, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 22.23. ELVA is around the same levels.
Industry RankSector Rank
PE 83
Fwd PE 25.72
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 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ELVA is valued cheaper than 86.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 55.94
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ELVA has a very decent profitability rating, which 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)1.49
PEG (5Y)8.13
EPS Next 2Y104.78%
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 (4/24/2026, 7:00:00 PM)

13.28

-0.61 (-4.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-12
Earnings (Next)05-14
Inst Owners28.56%
Inst Owner ChangeN/A
Ins Owners31.1%
Ins Owner ChangeN/A
Market Cap636.91M
Revenue(TTM)68.21M
Net Income(TTM)4.82M
Analysts82
Price Target10.97 (-17.39%)
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)0%
PT rev (3m)22.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.71%
EPS NY rev (1m)-4.07%
EPS NY rev (3m)-6.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.79%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)-3.93%
Valuation
Industry RankSector Rank
PE 83
Fwd PE 25.72
P/S 6.83
P/FCF N/A
P/OCF 125.86
P/B 7.72
P/tB 7.72
EV/EBITDA 55.94
EPS(TTM)0.16
EY1.2%
EPS(NY)0.52
Fwd EY3.89%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)0.11
OCFY0.79%
SpS1.95
BVpS1.72
TBVpS1.72
PEG (NY)1.49
PEG (5Y)8.13
Graham Number2.48885 (-81.26%)
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 6.9
F-Score5
WACC8.04%
ROIC/WACC0.69
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 Y55.83%
EPS Next 2Y104.78%
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 Year31.61%
Revenue Next 2Y41.19%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%
EBIT growth 1Y271.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year134.8%
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 4 / 10 to ELECTROVAYA INC (ELVA.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for ELECTROVAYA INC?

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


What is the earnings growth outlook for ELECTROVAYA INC?

The Earnings per Share (EPS) of ELECTROVAYA INC (ELVA.CA) is expected to grow by 55.83% in the next year.