NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

NASDAQ · Electrical Equipment & Parts · USD

Electrovaya Inc. (ELVA) Stock Analysis

Electrovaya Inc. (ELVA) is a Electrical Equipment & Parts stock listed on NASDAQ and quoted in US Dollar.

ELVA

$6.90

+$0.15 (+2.22%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare ELVA with… →

ELVA Key Statistics

As of Sep 4, 2026
Trading
Open
$6.77
Previous Close
$6.75
Day's Range
6.77–6.92
52-Week Range
4.10–12.78
Volume
252.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.54
Valuation
Market Cap
$341.60M
P/E Ratio
69.00
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
30.33
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.11
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.76
EPS (ttm)Profit attributable to each share over the last twelve months.
0.10
Financials (FY)
Revenue (FY)
$63.58M+42.58%
Net Income (FY)
$3.36M
Profit marginThe share of revenue left as profit after all costs and taxes.
6.14%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
49.51M
1-Year Return
+7.98%
Dividend and dates
Avg Volume
1.04M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ELVA Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−12.66%
2025+218.55%
2024−18.95%
2023−17.30%
2022+2.78%
2021−38.98%
2020+686.67%
2019+50.00%
2018−80.77%
2017−67.09%
2016 (partial year)−36.03%

As of September 4, 2026.

ELVA Revenue and Earnings by Fiscal Year

FY ends September
Fiscal yearRevenueNet incomeNet margin
2025$63.58M$3.36M5.3%
2024$44.59M−$1.49M−3.3%
2023$43.37M−$1.48M−3.4%
2022$15.62M−$9.21M−59.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$63.58M$19.47M$5.54M$3.36M5.3%
2024$44.59M$13.66M$729.00K−$1.49M−3.3%
2023$43.37M$11.16M$1.20M−$1.48M−3.4%
2022$15.62M$3.22M−$7.27M−$9.21M−59.0%

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

ELVA Valuation vs Electrical Equipment & Parts Median

Median of 55 stocks
MetricELVAElectrical Equipment & Parts medianvs median
P/E69.0038.9977% above
P/S ratio4.761.93147% above
Profit margin6.14%0.00%6.1 pts above

Medians across 55 Electrical Equipment & Parts stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 8 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Electrovaya Inc. (ELVA) is capitalised at $341.60M on the latest close. It is classified in the Electrical Equipment & Parts industry, within the Industrials sector.

The 52-week range on file runs from $4.10 to $12.78. The most recent close on file for ELVA is $6.90, dated September 4, 2026. That is +$0.15 (+2.22%) against the previous close. The latest close sits 68.29% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $63.58M. Against the prior fiscal year total of $44.59M, that is a change of +42.58%. The same year closed with net income of $3.36M. The reported profit margin is 6.14%. That is 6.1 percentage points above the Electrical Equipment & Parts median of 0%. Earnings per share on a trailing basis come to 0.1.

Across the 4 fiscal years on file, revenue moves from $15.62M in 2022 to $63.58M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

ELVA trades at a trailing price-to-earnings ratio of 69. That is 76.97% above the Electrical Equipment & Parts median of 38.99. On forward earnings the ratio is 30.33. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.11. Measured against sales, the shares trade at 4.76 times revenue. On price-to-sales that is 146.59% above the Electrical Equipment & Parts median of 1.93. 55 Electrical Equipment & Parts companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.54. Annualized volatility over the trailing 10 years is 86.45%. The trailing one-year price return is +7.98%. Across 10 years the annualized return works out at −5.46%.

Growth & Income

No dividend is on file for ELVA.

2026 is still running; the price is −12.66% year to date. Across the complete calendar years on file, 2020 returned +686.67% and 2018 returned −80.77%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Electrovaya Inc. (ELVA) operates in the Electrical Equipment & Parts industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Electrovaya Inc. ELVA $341.60M 69.0
Vertiv Holdings Co VRT $108.00B 61.0
Bloom Energy Corporation BE $74.48B 304.7
nVent Electric plc NVT $25.25B 43.3

The Electrical Equipment & Parts industry average P/E ratio is 39.0x. Electrovaya Inc. trades at a P/E of 69.0.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Electrical Equipment & Parts Stocks

VRT

Vertiv Holdings Co

$108.00B

 BE

Bloom Energy Corporation

$74.48B

 NVT

nVent Electric plc

$25.25B

 HUBB

Hubbell Incorporated

$24.34B

 AEIS

Advanced Energy Industries, Inc.

$11.25B

 AYI

Acuity Inc.

$10.00B
View all Electrical Equipment & Parts stocks →

Popular Industrials Stocks

SPCX

Space Exploration Technologies Corp.

$1.95T

 CAT

Caterpillar Inc.

$374.15B

 GE

GE Aerospace

$349.78B

 RTX

RTX Corporation

$270.62B

 GEV

GE Vernova Inc.

$250.87B
View all Industrials stocks →

About Electrovaya Inc.

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. 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.

Visit website →