NASDAQ: ELVA
Electrovaya Inc Stock

$10.34-0.08 (-0.77%)
Updated Jun 22, 2026
ELVA Price
$10.34
Fair Value Price
N/A
Market Cap
$511.91M
52 Week Low
$3.11
52 Week High
$12.78
P/E
86.17x
P/B
8.15x
P/S
5.4x
PEG
N/A
Dividend Yield
N/A
Revenue
$71.24M
Earnings
$5.01M
Gross Margin
32%
Operating Margin
3.53%
Profit Margin
7%
Debt to Equity
0.69
Operating Cash Flow
$10M
Beta
1.05
Next Earnings
Aug 13, 2026
Ex-Dividend
N/A
Next Dividend
N/A

ELVA Overview

Electrovaya Inc., including its various subsidiaries, focuses on the research, development, and manufacturing of advanced lithium-ion batteries and comprehensive battery systems within North America. Their diverse offerings encompass batteries and associated charging equipment for electric material handling vehicles, such as warehouse forklifts and automated guided vehicles. The company also provides power solutions for a variety of electric transportation needs, including electric trucks and buses, alongside industrial-grade products tailored for energy storage. Furthermore, Electrovaya designs and constructs specialized power systems for external clients. Founded in 1996, the company originally operated under the name Electrofuel Inc., changing to Electrovaya Inc. in March 2002. Its corporate headquarters are located 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

D
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
D
ELVA
Ranked
#17 of 43

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$67.10A
$21.50A
$184.34A
View Top Electrical Equipment & Part Stocks

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ELVA News

Overview

Due Diligence Score

Industry Average (28)
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 earnings relative to its share price (86.17x), compared to the US market average (7.94x)
P/E vs Market Valuation
ELVA is good value based on its earnings relative to its share price (86.17x), compared to the US Electrical Equipment & Parts industry average (-4,341.54x)
P/E vs Industry Valuation
ELVA is good value based... subscribe to Premium to read more.
P/B 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
86.17x
Industry
-4,341.54x
Market
7.94x
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
8.15x
Industry
14.43x
ELVA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ELVA's financial health

Profit margin

Revenue
$18.0M
Net Income
$1.0M
Profit Margin
5.6%
ELVA's cash and short-term investments... 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
$106.0M
Liabilities
$43.3M
Debt to equity
0.69
ELVA's short-term assets ($66.52M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ELVA's short-term assets ($66.52M) 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
$2.4M
Investing
-$1.8M
Financing
$7.2M
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$511.91M-0.77%86.17x8.15x
MVSTC$419.78M-2.33%-9.69x0.90x
KEB$624.55M+2.65%24.73x1.08x
SLDPD$629.95M-2.44%-5.83x1.20x
LTBRF$349.71M+1.22%-12.92x1.61x

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 $12.78, and its 52-week low was $3.11. It is currently -19.09% from its 52-week high and 232.48% from its 52-week low.

How much is Electrovaya stock worth today?

(NASDAQ: ELVA) Electrovaya currently has 49,507,480 outstanding shares. With Electrovaya stock trading at $10.34 per share, the total value of Electrovaya stock (market capitalization) is $511.91M.

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 106.8%, for an annualized return of 43.81% (not including any dividends or dividend reinvestments).

How much is Electrovaya's stock price per share?

(NASDAQ: ELVA) Electrovaya stock price per share is $10.34 today (as of Jun 22, 2026).

What is Electrovaya's Market Cap?

(NASDAQ: ELVA) Electrovaya's market cap is $511.91M, as of Jun 23, 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 $10.34 by ELVA's total outstanding shares of 49,507,480.
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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.