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ELVA
Electrovaya Inc.
NASDAQ· Industrials· Electrical Equipment & Parts· CUSIP 28617B606
$5.07-5.41%Price as of Oct 17, 12:06 UTC · updated once a day, after the close
At a glance
Electrovaya Inc. (ELVA) is listed on NASDAQ and classified in Electrical Equipment & Parts, part of the Industrials sector. It is headquartered in Mississauga, Canada. The company is worth $253.49M and trades at 50.7x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $63.58M in fiscal 2025, up 42.6% from the year before. Net income was $3.36M. The share price is 60.3% below its 52-week high of $12.78. 3 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $786.04K. In that quarter, 1 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Key metrics
- Market cap
- $253.49M
- P/E
- 50.7x
- Forward P/E
- 18.5x
- P/B
- 3.8x
- Dividend yield
- 0.00%
- Payout
- —
- EPS
- $0.10
- ROE
- 9.85%
- Profit margin
- 6.14%
- Revenue growth
- +3.40%
- Beta
- 0.76
- 52-week high
- $12.78
- 52-week low
- $4.10
History
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
Price over time
▲ +16.6% over 5Y.
today you would have $1,034.69▲ +3.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $7.90 | $2.48 | $3.06 | $3.70 | |
| P/E | — | 98.8x | — | — | — |
| P/S | 3.8x | 5.2x | 1.9x | 2.4x | 7.0x |
| P/B | 10.7x | 10.7x | 9.9x | 14.5x | — |
| EPS | $0.08 | -$0.04 | -$0.04 |
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
$1.74
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Earnings
$2.43
Median P/E of 24.3 among peers in the sector.
Earnings
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Cash flow
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Operating
$1.32
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividends
—
Others in the same sector
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BNCBNB Standard Corp | $5.19 | 0.0x | 0.7x | 0.00% | 70.89% | $253.13M |
| POWWOutdoor Holding Co | $2.18 | 218.0x | 1.1x | 0.00% | 1.96% | $253.01M |
| GENCGencor Industries Inc | $17.45 | 17.1x | 1.1x | 0.00% | 6.85% | $255.78M |
| HQIHireQuest, Inc. | $17.89 |
About the company
- Mississauga, Canada