NASDAQ: ELVA
Electrovaya Inc Stock

$3.83+0.04 (+1.06%)
Updated Jul 11, 2025
ELVA Price
$3.83
Fair Value Price
N/A
Market Cap
$153.61M
52 Week Low
$1.67
52 Week High
$3.89
P/E
N/A
P/B
7.27x
P/S
1.81x
PEG
N/A
Dividend Yield
N/A
Revenue
$48.02M
Earnings
-$30.00k
Gross Margin
30.2%
Operating Margin
7.64%
Profit Margin
-0.1%
Debt to Equity
1.15
Operating Cash Flow
$6M
Beta
0.53
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ELVA Overview

Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine ELVA's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Electrical Equipment & Part

Industry Rating
C
ELVA
Ranked
#12 of 39

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$87.62A
$49.38A
$8.62A
View Top Electrical Equipment & Part Stocks

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ELVA News

Overview

Due Diligence Score

Industry Average (27)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how ELVA scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ELVA is poor value based on its book value relative to its share price (7.27x), compared to the US Electrical Equipment & Parts industry average (5.35x)
P/B vs Industry Valuation
ELVA's Earnings (EBIT) of $3.67M are insufficient to safely cover interest payments on company debt ($15.08M)
Interest Coverage Financials
ELVA's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
There are 30 more ELVA due diligence checks available for Premium users.

Valuation

ELVA price to earnings (PE)

For valuing profitable companies with steady earnings

Company
0x
Industry
77.49x
Market
30.99x

ELVA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
7.27x
Industry
5.35x
ELVA is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ELVA's financial health

Profit margin

Revenue
$15.0M
Net Income
$828.0k
Profit Margin
5.5%
ELVA's Earnings (EBIT) of $3.67M... subscribe to Premium to read more.
Interest Coverage Financials
ELVA's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$45.4M
Liabilities
$24.3M
Debt to equity
1.15
ELVA's short-term assets ($35.30M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ELVA's short-term assets ($35.30M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ELVA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$2.2M
Investing
-$879.0k
Financing
-$2.5M
ELVA's operating cash flow ($6.17M)... subscribe to Premium to read more.
Debt Coverage Financials

ELVA vs Electrical Equipment & Part Stocks

TickerZen RatingMarket Cap1d %P/EP/B
ELVAC$153.61M+1.06%N/A7.27x
NEOVC$154.93M-0.22%-37.83x40.49x
ULBIA$143.38M-2.16%26.94x1.05x
ESPA$139.81M+4.20%17.70x3.02x
NVX$134.40M+0.92%-183.33x0.98x

Electrovaya Stock FAQ

What is Electrovaya's quote symbol?

(NASDAQ: ELVA) Electrovaya trades on the NASDAQ under the ticker symbol ELVA. Electrovaya stock quotes can also be displayed as NASDAQ: ELVA.

If you're new to stock investing, here's how to buy Electrovaya stock.

What is the 52 week high and low for Electrovaya (NASDAQ: ELVA)?

(NASDAQ: ELVA) Electrovaya's 52-week high was $3.89, and its 52-week low was $1.67. It is currently -1.57% from its 52-week high and 129.34% from its 52-week low.

How much is Electrovaya stock worth today?

(NASDAQ: ELVA) Electrovaya currently has 40,106,915 outstanding shares. With Electrovaya stock trading at $3.83 per share, the total value of Electrovaya stock (market capitalization) is $153.61M.

Electrovaya stock was originally listed at a price of $5.00 in Jul 6, 2023. If you had invested in Electrovaya stock at $5.00, your return over the last 2 years would have been -23.4%, for an annualized return of -12.48% (not including any dividends or dividend reinvestments).

How much is Electrovaya's stock price per share?

(NASDAQ: ELVA) Electrovaya stock price per share is $3.83 today (as of Jul 11, 2025).

What is Electrovaya's Market Cap?

(NASDAQ: ELVA) Electrovaya's market cap is $153.61M, as of Jul 13, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Electrovaya's market cap is calculated by multiplying ELVA's current stock price of $3.83 by ELVA's total outstanding shares of 40,106,915.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.