Electrovaya Inc (ELVA)
Electrovaya Inc. is a Canadian company listed on the NASDAQ under the ticker ELVA. The company develops, manufactures, and sells lithium-ion battery systems, battery management systems, and related products for energy storage, clean electric transportation, and specialized industrial applications in North America. Its product lineup includes infinity battery systems with low- and high-voltage configurations, solid-state battery technology, battery systems for material handling equipment such as forklifts, charging accessories, robotic applications, and battery cells and modules supplied to OEM customers in defense, construction, and other uses. Electrovaya also provides high-voltage battery systems for electric buses, trucks, and defense applications, along with industrial energy storage products. Founded in 1996 and headquartered in Mississauga, Canada, the company was previously known as Electrofuel Inc. before adopting its current name in 2002.
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| Ticker | Fair Value | Fair Value Upside/Downside | Fair Value Rating | Analyst Price Target | Analyst Target Upside/Downside | Analyst Target Rating | Overall Financial Health | Dividend Yield | Next Earnings Date | P/E Ratio | Price-to-Book Ratio | Price-to-Sales Ratio | Market Cap | Enterprise Value | Total Debt / Total Capital | Free Float / Shares Outstanding | Altman Z-Score | Free Cash Flow / Net Income |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NASDAQ-ELVA
|
$6.45
|
-2.4% Downside
|
Fair
|
$14.60
|
120.9% Upside
|
Bargain
|
Fair
|
0.0%
|
December 11, 2026
|
75.0x
|
4.9x
|
4.6x
|
330.5 M
|
358.9 M
|
11.2%
|
65.1%
|
5.3
|
-354.5%
|