Industrials
Electrovaya Inc.(ELVA)
Live Price
Offline$10.42
+5.25% today
1Y Change
+176.01%
Window
Jun 25, 2025 โ Jun 24, 2026
- Market Cap
- $400.00M
- Revenue Growth
- +42.6%
- EPS Growth
- +297.7%
- Dividend Yield
- 0.0%
Coverage: 250 bars ยท Jun 25, 2025 โ Jun 24, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Electrovaya Inc. (ELVA) is a Industrials stock with a market cap of $400.00M and listed on NASDAQ. The stock last traded around $10.42 and up 176.0% across the available one-year price window (Jun 25, 2025 โ Jun 24, 2026). Baseline metrics include revenue growth of +42.6%, EPS growth of +297.7%, a dividend yield of 0.0%. What stands out right now is revenue +42.6%, EPS +297.7%, free cash flow -2654.3% with operating margin 10.4% and ROIC 7.9%. Valuation already assumes a fairly strong business story at P/E 90.5 and price/sales 5.9. Overall, the current profile looks closer to a higher-growth but lower-margin setup than a generic broad-market placeholder. Stock Foundry combines ELVA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Industrials peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+42.6% vs +6.8% peer median
Operating Margin
Below sector median
+10.4% vs +16.9% peer median
P/E
Above sector median
90.5 vs 36.7 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 13, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +42.6% and EPS at +297.7%, with operating margin around 10.4%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +0.5% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 13, 2026 | โ | +5.8% | -3.4% | -7.0% |
2026 Feb 12, 2026 | +100.0% | -11.4% | -12.3% | -8.8% |
2025 Dec 10, 2025 | +20.0% | +29.0% | +17.3% | +66.7% |
Benchmark Edge
ELVA vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
ELVA
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
ELVA Max Drawdown
-44.42%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for ELVA and SPY.
Company Overview
Electrovaya Inc.
NASDAQ Capital Market
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.
- Leadership
- Rajshekar Das Gupta
- IPO Date
- Jan 5, 2010
- Employees
- 97
- Street Address
- 6688 Kitimat Road
- Mailing
- Mississauga, ON, L5N 1P8
- Region
- Mississauga, ON, CA
- Reporting Currency
- USD
- Investor Line
- 905-855-4610
- Last Updated
- Apr 28, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 90.5
- EV/EBITDA
- 60.7
- Price/Sales
- 5.9
- Price/Book
- 7.2
Growth
- Revenue
- +42.6%
- EPS
- +297.7%
- Free Cash Flow
- -2654.3%
Profitability
- Gross Margin
- 31.2%
- Operating Margin
- 10.4%
- Net Margin
- 7.1%
- ROE
- 14.3%
- ROIC
- 7.9%
Balance Sheet
- Debt/Equity
- 0.48
- Current Ratio
- 6.02
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.