ELECTROVAYA INC (ELVA) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:ELVA • CA28617B6061

9.39 USD
+0.54 (+6.1%)
Last: Feb 9, 2026, 12:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ELVA. ELVA was compared to 91 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 valued quite expensive, but it does show an excellent growth. This makes ELVA very considerable for growth investing!


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • ELVA had positive earnings in the past year.
  • In the past year ELVA had a positive cash flow from operations.
  • 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 Yearly Net Income VS EBIT VS OCF VS FCFELVA 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

  • The Return On Assets of ELVA (5.26%) is better than 76.92% of its industry peers.
  • With an excellent Return On Equity value of 10.80%, ELVA belongs to the best of the industry, outperforming 80.22% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 8.00%, ELVA is doing good in the industry, outperforming 78.02% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ELVA is significantly below the industry average of 9.87%.
  • The last Return On Invested Capital (8.00%) for ELVA is above the 3 year average (3.86%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.26%
ROE 10.8%
ROIC 8%
ROA(3y)-0.85%
ROA(5y)-17.81%
ROE(3y)-9.06%
ROE(5y)N/A
ROIC(3y)3.86%
ROIC(5y)N/A
ELVA Yearly ROA, ROE, ROICELVA 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 (5.27%) is better than 75.82% of its industry peers.
  • In the last couple of years the Profit Margin of ELVA has declined.
  • With a decent Operating Margin value of 8.54%, ELVA is doing good in the industry, outperforming 78.02% of the companies in the same industry.
  • ELVA's Gross Margin of 30.90% is fine compared to the rest of the industry. ELVA outperforms 70.33% of its industry peers.
  • In the last couple of years the Gross Margin of ELVA has declined.
Industry RankSector Rank
OM 8.54%
PM (TTM) 5.27%
GM 30.9%
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 Yearly Profit, Operating, Gross MarginsELVA 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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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

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.
  • Compared to 5 years ago, ELVA has more shares outstanding
  • ELVA has a better debt/assets ratio than last year.
ELVA Yearly Shares OutstandingELVA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
ELVA Yearly Total Debt VS Total AssetsELVA 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 6.59 indicates that ELVA is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.59, ELVA belongs to the top of the industry, outperforming 86.81% of the companies in the same industry.
  • ELVA has a Debt/Equity ratio of 0.72. This is a neutral value indicating ELVA is somewhat dependend on debt financing.
  • ELVA has a Debt to Equity ratio (0.72) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Altman-Z 6.59
ROIC/WACC1
WACC8.01%
ELVA Yearly LT Debt VS Equity VS FCFELVA 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 4.16 indicates that ELVA has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 4.16, ELVA belongs to the top of the industry, outperforming 82.42% of the companies in the same industry.
  • ELVA has a Quick Ratio of 2.93. This indicates that ELVA is financially healthy and has no problem in meeting its short term obligations.
  • ELVA has a better Quick ratio (2.93) than 83.52% of its industry peers.
Industry RankSector Rank
Current Ratio 4.16
Quick Ratio 2.93
ELVA Yearly Current Assets VS Current LiabilitesELVA 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. 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 Earnings Per Share has been growing by 10.21% on average over the past years. This is quite good.
  • ELVA shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.06%.
  • The Revenue has been growing by 34.45% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)400%
EPS 3YN/A
EPS 5Y10.21%
EPS Q2Q%N/A
Revenue 1Y (TTM)43.06%
Revenue growth 3Y47.67%
Revenue growth 5Y34.45%
Sales Q2Q%77.46%

3.2 Future

  • ELVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 60.85% yearly.
  • ELVA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 33.86% yearly.
EPS Next Y66.23%
EPS Next 2Y89.44%
EPS Next 3Y89.45%
EPS Next 5Y60.85%
Revenue Next Year36.99%
Revenue Next 2Y43.27%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
ELVA Yearly Revenue VS EstimatesELVA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 100M 200M 300M 400M
ELVA Yearly EPS VS EstimatesELVA 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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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • ELVA is valuated quite expensively with a Price/Earnings ratio of 104.33.
  • 67.03% of the companies in the same industry are more expensive than ELVA, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.93. ELVA is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 62.77, ELVA can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, ELVA is valued a bit cheaper than the industry average as 65.93% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of ELVA to the average of the S&P500 Index (27.77), we can say ELVA is valued expensively.
Industry RankSector Rank
PE 104.33
Fwd PE 62.77
ELVA Price Earnings VS Forward Price EarningsELVA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ELVA is valued a bit cheaper than 68.13% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 60.72
ELVA Per share dataELVA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

  • ELVA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as ELVA's earnings are expected to grow with 89.45% in the coming years.
PEG (NY)1.58
PEG (5Y)10.22
EPS Next 2Y89.44%
EPS Next 3Y89.45%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ELVA!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ELECTROVAYA INC

NASDAQ:ELVA (2/9/2026, 12:02:11 PM)

9.39

+0.54 (+6.1%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)12-10
Earnings (Next)02-12
Inst Owners12.75%
Inst Owner ChangeN/A
Ins Owners29.53%
Ins Owner ChangeN/A
Market Cap427.34M
Revenue(TTM)63.83M
Net Income(TTM)3.36M
Analysts82
Price Target7.09 (-24.49%)
Short Float %1.4%
Short Ratio0.64
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)1
Avg EPS beat(2)-5.53%
Min EPS beat(2)-28.7%
Max EPS beat(2)17.65%
EPS beat(4)2
Avg EPS beat(4)-4.55%
Min EPS beat(4)-28.7%
Max EPS beat(4)21.57%
EPS beat(8)4
Avg EPS beat(8)-13.91%
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)-1.71%
Min Revenue beat(2)-2.68%
Max Revenue beat(2)-0.75%
Revenue beat(4)0
Avg Revenue beat(4)-5.2%
Min Revenue beat(4)-9.7%
Max Revenue beat(4)-0.75%
Revenue beat(8)0
Avg Revenue beat(8)-13.83%
Revenue beat(12)1
Avg Revenue beat(12)-11.34%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)13.32%
PT rev (3m)35.86%
EPS NQ rev (1m)-16.67%
EPS NQ rev (3m)25%
EPS NY rev (1m)-15.38%
EPS NY rev (3m)-32.57%
Revenue NQ rev (1m)-0.78%
Revenue NQ rev (3m)-5.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.22%
Valuation
Industry RankSector Rank
PE 104.33
Fwd PE 62.77
P/S 6.7
P/FCF N/A
P/OCF 248.89
P/B 13.73
P/tB 13.73
EV/EBITDA 60.72
EPS(TTM)0.09
EY0.96%
EPS(NY)0.15
Fwd EY1.59%
FCF(TTM)-0.06
FCFYN/A
OCF(TTM)0.04
OCFY0.4%
SpS1.4
BVpS0.68
TBVpS0.68
PEG (NY)1.58
PEG (5Y)10.22
Graham Number1.18
Profitability
Industry RankSector Rank
ROA 5.26%
ROE 10.8%
ROCE 10.12%
ROIC 8%
ROICexc 9.07%
ROICexgc 9.07%
OM 8.54%
PM (TTM) 5.27%
GM 30.9%
FCFM N/A
ROA(3y)-0.85%
ROA(5y)-17.81%
ROE(3y)-9.06%
ROE(5y)N/A
ROIC(3y)3.86%
ROIC(5y)N/A
ROICexc(3y)4.26%
ROICexc(5y)N/A
ROICexgc(3y)4.26%
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 Turnover1
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Debt/EBITDA 3.26
Cap/Depr 317.13%
Cap/Sales 7.22%
Interest Coverage 2.57
Cash Conversion 24.87%
Profit Quality N/A
Current Ratio 4.16
Quick Ratio 2.93
Altman-Z 6.59
F-Score5
WACC8.01%
ROIC/WACC1
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%N/A
EPS Next Y66.23%
EPS Next 2Y89.44%
EPS Next 3Y89.45%
EPS Next 5Y60.85%
Revenue 1Y (TTM)43.06%
Revenue growth 3Y47.67%
Revenue growth 5Y34.45%
Sales Q2Q%77.46%
Revenue Next Year36.99%
Revenue Next 2Y43.27%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%
EBIT growth 1Y176.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year161.77%
EBIT Next 3Y94.3%
EBIT Next 5YN/A
FCF growth 1Y-416.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y65.41%
OCF growth 3YN/A
OCF growth 5YN/A

ELECTROVAYA INC / ELVA FAQ

What is the ChartMill fundamental rating of ELECTROVAYA INC (ELVA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to ELVA.


What is the valuation status for ELVA stock?

ChartMill assigns a valuation rating of 3 / 10 to ELECTROVAYA INC (ELVA). This can be considered as Overvalued.


How profitable is ELECTROVAYA INC (ELVA) stock?

ELECTROVAYA INC (ELVA) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for ELVA stock?

The Price/Earnings (PE) ratio for ELECTROVAYA INC (ELVA) is 104.33 and the Price/Book (PB) ratio is 13.73.


What is the financial health of ELECTROVAYA INC (ELVA) stock?

The financial health rating of ELECTROVAYA INC (ELVA) is 6 / 10.