What is ELVA's current stock price?

ELVA (Electrovaya Inc.) is currently trading at $11.45 with a market cap of $447.6M.

What sector is Electrovaya Inc. in?

Electrovaya Inc. (ELVA) operates in the Industrials sector, specifically in the Electrical Equipment & Parts industry.

Is ELVA a good stock to buy?

Analysts have a Buy consensus on ELVA with a price target of $12.63. Check our detailed analysis for valuation, financials, and insider activity.

InvestLog

ELVA Electrovaya Inc.

Industrials

$11.45+0.00%OpenMarket Cap: $447.6M

As of 2026-05-26

Valuation

View Details

P/E (TTM)

66.97

PEG

0.17

P/B

8.50

P/S

6.01

EV/EBITDA

63.64

DCF Value

$-62.74

FCF Yield

-8.0%

Div Yield

0.0%

Margins & Returns

Gross Margin

31.1%

Operating Margin

10.2%

Net Margin

7.1%

ROE

11.3%

ROA

4.7%

ROIC

7.3%

Financials

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Period	Revenue	Net Income	EPS
Q2 null	$17.8M	$1.0M	$—
Q1 null	$15.6M	$1.0M	$—
Q4 null	$20.3M	$2.0M	$—
FY null	$63.6M	$3.4M	$—

Analyst Ratings

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Consensus

Buy

Target (Consensus)

$12.63

Target (Median)

$13.00

Target Range

$9.50 - $15.00

0 Strong Buy6 Buy0 Hold0 Sell0 Strong Sell

HC Wainwright & Co.Buy

2026-05-15

Latest News

Electrovaya: Finding New Markets For Battery TechnologySeeking Alpha · Fri May 15

Company Info

Sector

Industrials

Industry

Electrical Equipment & Parts

Country

Exchange

—

Beta

0.51

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.

Peers

CIX

NVX