NASDAQ: ELVA
Electrovaya Inc Stock

$11.02-0.06 (-0.54%)
Updated Jan 23, 2026
ELVA Price
$11.02
Fair Value Price
N/A
Market Cap
$464.04M
52 Week Low
$1.80
52 Week High
$11.46
P/E
122.44x
P/B
14.91x
P/S
3.61x
PEG
1.42x
Dividend Yield
N/A
Revenue
$63.83M
Earnings
$3.36M
Gross Margin
30.9%
Operating Margin
2.05%
Profit Margin
5.3%
Debt to Equity
1.05
Operating Cash Flow
$9M
Beta
0.67
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
#16 of 44

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$29.62A
$173.41A
$16.95A
View Top Electrical Equipment & Part Stocks

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ELVA News

Overview

Due Diligence Score

Industry Average (29)
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 ($11.02) is trading above its intrinsic value of $3.35, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ELVA is poor value based on its earnings relative to its share price (122.44x), compared to the US market average (41.3x)
P/E vs Market Valuation
ELVA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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
122.44x
Industry
332.14x
Market
41.3x
ELVA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ELVA is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

ELVA price to book (PB)

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

Company
14.91x
Industry
8.71x
ELVA is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ELVA price to earnings growth (PEG)

For valuing profitable companies with growth potential

ELVA is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

ELVA's financial health

Profit margin

Revenue
$20.5M
Net Income
$2.0M
Profit Margin
10%
ELVA's cash burn is expected... 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
$63.9M
Liabilities
$32.8M
Debt to equity
1.05
ELVA's short-term assets ($41.96M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ELVA's short-term assets ($41.96M) 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
$3.5M
Investing
-$9.5M
Financing
$5.4M
ELVA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ELVA vs Electrical Equipment & Part Stocks

TickerZen RatingMarket Cap1d %P/EP/B
ELVAC$464.04M-0.54%122.44x14.91x
EAFC$447.46M-2.80%-2.19x-2.30x
FCELC$483.57M+2.12%-1.37x0.73x
LTBRD$570.38M-3.98%-22.03x3.72x
SKYXC$334.42M-6.07%-8.40x-87.11x

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 $11.46, and its 52-week low was $1.80. It is currently -3.84% from its 52-week high and 512.22% from its 52-week low.

How much is Electrovaya stock worth today?

(NASDAQ: ELVA) Electrovaya currently has 42,108,920 outstanding shares. With Electrovaya stock trading at $11.02 per share, the total value of Electrovaya stock (market capitalization) is $464.04M.

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 120.4%, for an annualized return of 48.46% (not including any dividends or dividend reinvestments).

How much is Electrovaya's stock price per share?

(NASDAQ: ELVA) Electrovaya stock price per share is $11.02 today (as of Jan 23, 2026).

What is Electrovaya's Market Cap?

(NASDAQ: ELVA) Electrovaya's market cap is $464.04M, as of Jan 26, 2026.

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 $11.02 by ELVA's total outstanding shares of 42,108,920.
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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.