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Electrovaya Inc. Common Shares (ELVA)

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Upturn Advisory Summary
12/12/2025: ELVA (3-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $8
1 Year Target Price $8
| 3 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 43.3% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 301.29M USD | Price to earnings Ratio 82.75 | 1Y Target Price 8 |
Price to earnings Ratio 82.75 | 1Y Target Price 8 | ||
Volume (30-day avg) 5 | Beta 0.72 | 52 Weeks Range 1.80 - 7.72 | Updated Date 12/13/2025 |
52 Weeks Range 1.80 - 7.72 | Updated Date 12/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.08 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.27% | Operating Margin (TTM) 11.57% |
Management Effectiveness
Return on Assets (TTM) 6.7% | Return on Equity (TTM) 16.94% |
Valuation
Trailing PE 82.75 | Forward PE 27.4 | Enterprise Value 313875447 | Price to Sales(TTM) 4.72 |
Enterprise Value 313875447 | Price to Sales(TTM) 4.72 | ||
Enterprise Value to Revenue 4.94 | Enterprise Value to EBITDA 56.13 | Shares Outstanding 45511915 | Shares Floating 31305054 |
Shares Outstanding 45511915 | Shares Floating 31305054 | ||
Percent Insiders 29.77 | Percent Institutions 12.93 |
About Electrovaya Inc. Common Shares
Exchange NASDAQ | Headquaters Mississauga, ON, Canada | ||
IPO Launch date 2016-01-08 | CEO & Director Dr. Rajshekar Das Gupta Ph.D. | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees - | Website https://electrovaya.com |
Full time employees - | Website https://electrovaya.com | ||
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.

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