ELECTROVAYA INC (ELVA) Stock Fundamental Analysis
USA - NASDAQ:ELVA - CA28617B6061 - Common Stock
6.64 USD
+0.1 (+1.53%)
6.5 USD
-0.14 (-2.11%)
We assign a fundamental rating of 5 out of 10 to ELVA. ELVA was compared to 93 industry peers in the Electrical Equipment industry. While ELVA seems to be doing ok healthwise, there are quite some concerns on its profitability. ELVA is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
In the past 5 years ELVA reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of ELVA (2.23%) is better than 75.27% of its industry peers.
Looking at the Return On Equity, with a value of 5.38%, ELVA is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.55%, ELVA is in the better half of the industry, outperforming 76.34% 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
Looking at the Profit Margin, with a value of 2.19%, ELVA is in the better half of the industry, outperforming 72.04% of the companies in the same industry.
ELVA has a Operating Margin of 6.56%. This is in the better half of the industry: ELVA outperforms 76.34% of its industry peers.
ELVA's Gross Margin of 29.77% is fine compared to the rest of the industry. ELVA outperforms 68.82% of its industry peers.
In the last couple of years the Gross Margin of ELVA has declined.
| 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
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.
Compared to 5 years ago, ELVA has more shares outstanding
Compared to 1 year ago, ELVA has a worse debt to assets ratio.
2.2 Solvency
ELVA has an Altman-Z score of 3.81. This indicates that ELVA is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.81, ELVA is doing good in the industry, outperforming 72.04% 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.
Looking at the Debt to Equity ratio, with a value of 0.91, ELVA is doing worse than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.81 |
ROIC/WACC0.81
WACC8.12%
2.3 Liquidity
A Current Ratio of 4.03 indicates that ELVA has no problem at all paying its short term obligations.
The Current ratio of ELVA (4.03) is better than 83.87% 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 83.87% 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.
ELVA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.50%.
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
The Earnings Per Share is expected to grow by 99.04% on average over the next years. This is a very strong growth
Based on estimates for the next years, ELVA will show a very strong growth in Revenue. The Revenue will grow by 38.65% on average per year.
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
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
With a Price/Earnings ratio of 221.33, ELVA can be considered very expensive at the moment.
ELVA's Price/Earnings ratio is a bit cheaper when compared to the industry. ELVA is cheaper than 64.52% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. ELVA is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 29.93, the valuation of ELVA can be described as expensive.
68.82% of the companies in the same industry are more expensive than ELVA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ELVA to the average of the S&P500 Index (22.57), we can say ELVA is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 221.33 | ||
| Fwd PE | 29.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELVA is valued a bit cheaper than 68.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 57.8 |
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.
A more expensive valuation may be justified as ELVA's earnings are expected to grow with 153.45% in the coming years.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y206.51%
EPS Next 3Y153.45%
5. Dividend
5.1 Amount
No dividends for ELVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.64
+0.1 (+1.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners13.45%
Inst Owner ChangeN/A
Ins Owners33.78%
Ins Owner ChangeN/A
Market Cap266.33M
Analysts82
Price Target5.32 (-19.88%)
Short Float %0.57%
Short Ratio0.36
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)21.45%
PT rev (3m)17.93%
EPS NQ rev (1m)5.26%
EPS NQ rev (3m)17.65%
EPS NY rev (1m)241.38%
EPS NY rev (3m)102.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 221.33 | ||
| Fwd PE | 29.93 | ||
| P/S | 4.85 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 11.92 | ||
| P/tB | 11.92 | ||
| EV/EBITDA | 57.8 |
EPS(TTM)0.03
EY0.45%
EPS(NY)0.22
Fwd EY3.34%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS1.37
BVpS0.56
TBVpS0.56
PEG (NY)0.24
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 | 3.81 |
F-Score3
WACC8.12%
ROIC/WACC0.81
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 1Y70.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year183.77%
EBIT Next 3Y107.95%
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