ELECTROVAYA INC (ELVA) Stock Fundamental Analysis
USA - NASDAQ:ELVA - CA28617B6061 - Common Stock
5.96 USD
-0.14 (-2.3%)
5.96 USD
0 (0%)
Taking everything into account, ELVA scores 5 out of 10 in our fundamental rating. ELVA was compared to 92 industry peers in the Electrical Equipment industry. ELVA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ELVA is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
ELVA had positive earnings in the past year.
ELVA had a negative operating cash flow in the past year.
ELVA had negative earnings in 4 of the past 5 years.
ELVA had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
ELVA has a better Return On Assets (2.23%) than 75.00% of its industry peers.
ELVA has a better Return On Equity (5.38%) than 77.17% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.55%, ELVA is in the better half of the industry, outperforming 76.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 5.38% | ||
| ROIC | 6.55% |
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
ELVA's Profit Margin of 2.19% is fine compared to the rest of the industry. ELVA outperforms 71.74% of its industry peers.
ELVA's Operating Margin of 6.56% is fine compared to the rest of the industry. ELVA outperforms 76.09% 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 68.48% of the companies in the same industry.
ELVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.56% | ||
| PM (TTM) | 2.19% | ||
| 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
ELVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ELVA has been increased compared to 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
An Altman-Z score of 3.29 indicates that ELVA is not in any danger for bankruptcy at the moment.
ELVA has a Altman-Z score of 3.29. This is in the better half of the industry: ELVA outperforms 66.30% of its industry peers.
A Debt/Equity ratio of 0.91 indicates that 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: 65.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.29 |
ROIC/WACC0.8
WACC8.18%
2.3 Liquidity
A Current Ratio of 4.03 indicates that ELVA has no problem at all paying its short term obligations.
ELVA has a Current ratio of 4.03. This is amongst the best in the industry. ELVA outperforms 82.61% of its industry peers.
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's Quick ratio of 2.88 is amongst the best of the industry. ELVA outperforms 83.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.03 | ||
| Quick Ratio | 2.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 400.00% over the past year.
Looking at the last year, ELVA shows a quite strong growth in Revenue. The Revenue has grown by 13.50% in the last year.
ELVA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 55.61% yearly.
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.
ELVA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 38.65% yearly.
EPS Next Y346.5%
EPS Next 2Y236.9%
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
With a Price/Earnings ratio of 198.67, ELVA can be considered very expensive at the moment.
Based on the Price/Earnings ratio, ELVA is valued a bit cheaper than 64.13% of the companies in the same industry.
ELVA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
Based on the Price/Forward Earnings ratio of 21.25, the valuation of ELVA can be described as rather expensive.
Based on the Price/Forward Earnings ratio, ELVA is valued cheaper than 80.43% of the companies in the same industry.
ELVA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 198.67 | ||
| Fwd PE | 21.25 |
4.2 Price Multiples
ELVA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELVA is cheaper than 68.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 52.28 |
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.
A more expensive valuation may be justified as ELVA's earnings are expected to grow with 153.45% in the coming years.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y236.9%
EPS Next 3Y153.45%
5. Dividend
5.1 Amount
No dividends for ELVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.96
-0.14 (-2.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners12.96%
Inst Owner ChangeN/A
Ins Owners34.08%
Ins Owner ChangeN/A
Market Cap239.06M
Analysts82
Price Target5.37 (-9.9%)
Short Float %0.69%
Short Ratio0.57
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)21.06%
PT rev (3m)21.43%
EPS NQ rev (1m)11.76%
EPS NQ rev (3m)-5%
EPS NY rev (1m)-40.82%
EPS NY rev (3m)-40.82%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)-7.83%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-5.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 198.67 | ||
| Fwd PE | 21.25 | ||
| P/S | 4.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 10.7 | ||
| P/tB | 10.7 | ||
| EV/EBITDA | 52.28 |
EPS(TTM)0.03
EY0.5%
EPS(NY)0.28
Fwd EY4.71%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS1.37
BVpS0.56
TBVpS0.56
PEG (NY)0.57
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 5.38% | ||
| ROCE | 8.29% | ||
| ROIC | 6.55% | ||
| ROICexc | 6.75% | ||
| ROICexgc | 6.75% | ||
| OM | 6.56% | ||
| PM (TTM) | 2.19% | ||
| 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
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-Score3
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.13 | ||
| Cap/Depr | 180.05% | ||
| Cap/Sales | 4.42% | ||
| Interest Coverage | 2.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.03 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 3.29 |
F-Score3
WACC8.18%
ROIC/WACC0.8
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 Y346.5%
EPS Next 2Y236.9%
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 1Y70.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year207.85%
EBIT Next 3Y117.24%
EBIT Next 5YN/A
FCF growth 1Y40.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.42%
OCF growth 3YN/A
OCF growth 5YN/A