ELECTROVAYA INC (ELVA) Fundamental Analysis & Valuation

NASDAQ:ELVA • CA28617B6061

7.76 USD
-0.03 (-0.39%)
At close: Mar 9, 2026
7.9 USD
+0.14 (+1.8%)
Pre-Market: 3/10/2026, 8:51:27 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This ELVA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

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. ELVA has an average financial health and profitability rating. ELVA is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make ELVA a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

5

1. ELVA Profitability Analysis

1.1 Basic Checks

  • In the past year ELVA was profitable.
  • In the past year ELVA had a positive cash flow from operations.
  • ELVA had negative earnings in 4 of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: ELVA reported negative operating cash flow in multiple 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

  • ELVA's Return On Assets of 4.82% is fine compared to the rest of the industry. ELVA outperforms 76.92% of its industry peers.
  • With a decent Return On Equity value of 7.99%, ELVA is doing good in the industry, outperforming 76.92% of the companies in the same industry.
  • ELVA has a Return On Invested Capital of 6.08%. This is in the better half of the industry: ELVA outperforms 75.82% of its industry peers.
  • ELVA had an Average Return On Invested Capital over the past 3 years of 3.86%. This is significantly below the industry average of 9.59%.
  • The 3 year average ROIC (3.86%) for ELVA is below the current ROIC(6.08%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.82%
ROE 7.99%
ROIC 6.08%
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

  • ELVA has a better Profit Margin (7.07%) than 78.02% of its industry peers.
  • In the last couple of years the Profit Margin of ELVA has declined.
  • ELVA has a better Operating Margin (10.10%) than 81.32% of its industry peers.
  • ELVA has a better Gross Margin (31.41%) than 69.23% of its industry peers.
  • 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 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. ELVA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELVA is destroying value.
  • Compared to 1 year ago, ELVA has more shares outstanding
  • ELVA has more shares outstanding than it did 5 years ago.
  • 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 5.49 indicates that ELVA is not in any danger for bankruptcy at the moment.
  • ELVA has a Altman-Z score of 5.49. This is amongst the best in the industry. ELVA outperforms 83.52% of its industry peers.
  • A Debt/Equity ratio of 0.48 indicates that ELVA is not too dependend on debt financing.
  • ELVA's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. ELVA outperforms 52.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Altman-Z 5.49
ROIC/WACC0.76
WACC8.02%
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 6.02 indicates that ELVA has no problem at all paying its short term obligations.
  • ELVA has a better Current ratio (6.02) than 87.91% of its industry peers.
  • A Quick Ratio of 4.69 indicates that ELVA has no problem at all paying its short term obligations.
  • ELVA has a Quick ratio of 4.69. This is amongst the best in the industry. ELVA outperforms 86.81% of its industry peers.
Industry RankSector Rank
Current Ratio 6.02
Quick Ratio 4.69
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. ELVA Growth Analysis

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.
  • 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%.
  • 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%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.
  • ELVA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 33.86% yearly.
EPS Next Y62.44%
EPS Next 2Y115.56%
EPS Next 3Y90.5%
EPS Next 5Y61.19%
Revenue Next Year30.86%
Revenue Next 2Y43.27%
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 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

More info and screens

Find the best growth stocksShow best growing peers

4

4. ELVA Valuation Analysis

4.1 Price/Earnings Ratio

  • ELVA is valuated quite expensively with a Price/Earnings ratio of 64.67.
  • ELVA's Price/Earnings ratio is a bit cheaper when compared to the industry. ELVA is cheaper than 67.03% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ELVA to the average of the S&P500 Index (26.45), we can say ELVA is valued expensively.
  • ELVA is valuated rather expensively with a Price/Forward Earnings ratio of 18.56.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ELVA indicates a rather cheap valuation: ELVA is cheaper than 83.52% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.65, ELVA is valued a bit cheaper.
Industry RankSector Rank
PE 64.67
Fwd PE 18.56
ELVA Price Earnings VS Forward Price EarningsELVA 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 a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 44.88
ELVA Per share dataELVA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

  • The 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 90.50% in the coming years.
PEG (NY)1.04
PEG (5Y)6.33
EPS Next 2Y115.56%
EPS Next 3Y90.5%

More info and screens

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

0

5. ELVA Dividend Analysis

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

ELVA Fundamentals: All Metrics, Ratios and Statistics

ELECTROVAYA INC

NASDAQ:ELVA (3/9/2026, 8:00:02 PM)

Premarket: 7.9 +0.14 (+1.8%)

7.76

-0.03 (-0.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-12
Earnings (Next)05-12
Inst Owners28.86%
Inst Owner ChangeN/A
Ins Owners31.05%
Ins Owner ChangeN/A
Market Cap372.17M
Revenue(TTM)68.21M
Net Income(TTM)4.82M
Analysts82
Price Target7.98 (2.84%)
Short Float %0.88%
Short Ratio0.45
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)12.5%
PT rev (3m)50.63%
EPS NQ rev (1m)-28.55%
EPS NQ rev (3m)-16.65%
EPS NY rev (1m)-2.28%
EPS NY rev (3m)-34.1%
Revenue NQ rev (1m)1.41%
Revenue NQ rev (3m)-3.75%
Revenue NY rev (1m)-4.48%
Revenue NY rev (3m)-10.42%
Valuation
Industry RankSector Rank
PE 64.67
Fwd PE 18.56
P/S 5.46
P/FCF N/A
P/OCF 100.61
P/B 6.17
P/tB 6.17
EV/EBITDA 44.88
EPS(TTM)0.12
EY1.55%
EPS(NY)0.42
Fwd EY5.39%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)0.08
OCFY0.99%
SpS1.42
BVpS1.26
TBVpS1.26
PEG (NY)1.04
PEG (5Y)6.33
Graham Number1.84
Profitability
Industry RankSector Rank
ROA 4.82%
ROE 7.99%
ROCE 7.69%
ROIC 6.08%
ROICexc 8.13%
ROICexgc 8.13%
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)3.86%
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 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 5.49
F-Score5
WACC8.02%
ROIC/WACC0.76
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 Y62.44%
EPS Next 2Y115.56%
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 Year30.86%
Revenue Next 2Y43.27%
Revenue Next 3Y44.62%
Revenue Next 5Y33.86%
EBIT growth 1Y271.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year131.15%
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 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 4 / 10 to ELECTROVAYA INC (ELVA). This can be considered as Fairly Valued.


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 64.67 and the Price/Book (PB) ratio is 6.17.


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

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