Bedrijfsoverzicht
Electrovaya Inc. is a specialized manufacturer focused on the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and related products tailored for energy storage, clean electric transportation, and other specialized applications within North America. The company operates within the Industrials sector and specifically the Electrical Equipment & Parts industry, positioning itself as a key player in the infrastructure supporting the transition to cleaner energy and electric mobility solutions. As of the latest reporting period, the entity carries a market capitalization of $407.91M and reports annual revenue (TTM) of $63.83M, while the specific count of employees is not disclosed in the available data. These valuation and revenue figures indicate that Electrovaya is a mid-sized enterprise operating in a high-growth industrial niche, suggesting a company that has secured significant market traction without yet reaching the scale of large-cap industrial conglomerates.
Financiële gezondheid
The company generated a trailing twelve-month revenue of $63.83M, which resulted in a net income of $3.36M and an EBITDA of $6.60M, revealing a cost structure where operating expenses and taxes account for approximately 47.6% of the total revenue before reaching the bottom line. The reported free cash flow stands at -$6,529,375, indicating that the company is currently burning cash, likely due to capital expenditures required for manufacturing expansion or research and development in its battery technology initiatives. Electrovaya maintains a gross margin of 30.9%, which reflects a healthy pricing power and manufacturing efficiency relative to the cost of goods sold, while an operating margin of 11.6% demonstrates effective control over administrative and selling expenses. The profit margin of 5.3% further contextualizes the final profitability after all costs, including interest and taxes, have been deducted from the top-line revenue. On the balance sheet, the company holds $6.36M in cash against $22.56M in debt, resulting in a debt-to-equity ratio of 72.47, which suggests a leveraged capital structure where equity is less than half the level of debt. Despite the leverage, the current ratio of 4.16 indicates a robust short-term liquidity position, implying that the company possesses more than four times the current assets necessary to cover its current liabilities. Return on Equity is calculated at 16.9%, showcasing an efficient use of shareholder equity to generate profits, whereas the return on assets sits at 6.7%, reflecting the lower profitability generated per dollar of total assets held.
Waarderingsbeoordeling
The valuation metrics present a distinct divergence between historical and future expectations, with a trailing P/E ratio of 75.09 compared to a forward P/E of 25.55, implying that the market anticipates a significant multiple expansion or earnings catch-up in the coming years. The price-to-book ratio stands at 11.18, indicating that the market values Electrovaya at more than eleven times its book value, which suggests a substantial premium assigned to the company's intangible assets, growth prospects, and strategic positioning in the battery sector. Alternative valuation measures such as the price-to-sales ratio of 6.39 and an EV/EBITDA of 51.89 further highlight that investors are willing to pay a high multiple for revenue and earnings relative to the company's current size and profitability. The stock has exhibited significant price volatility over the past year, trading between a 52-week low of $2.40 and a 52-week high of $11.88. Based on the available data points, the current trading range is constrained within this wide band, but without the specific current share price, the exact percentage deviation from the high or low cannot be calculated; however, the spread between $2.40 and $11.88 represents a substantial price discovery period. The beta value of 0.78 suggests that the stock's price movements are less volatile than the broader market, moving only about 78% as much as the market index during periods of fluctuation.
Growth & Income
Revenue growth for the trailing twelve months is reported at an impressive 77.5% year-over-year, signaling aggressive top-line expansion, whereas earnings growth is listed as N/A, which implies that while revenue is scaling rapidly, the net income trajectory is either volatile or not yet fully realized in the current period. As the company does not distribute dividends to shareholders, the dividend yield is N/A and the payout ratio is 0.0%, meaning that all net income is retained within the business to fund operations, reduce debt, or finance further growth initiatives. The absence of a dividend payout ratio indicates that the company prioritizes reinvestment into its battery manufacturing capabilities and product development over returning cash to investors in the form of regular income distributions. Overall, Electrovaya presents a growth-oriented profile characterized by rapid revenue expansion and a capital allocation strategy focused on internal reinvestment rather than income generation for shareholders.