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Upturn AI SWOT - About
Electrovaya Inc. Common Shares (ELVA)
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Upturn Advisory Summary
08/14/2025: ELVA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $7.9
1 Year Target Price $7.9
| 3 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 6.92% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 185.69M USD | Price to earnings Ratio - | 1Y Target Price 7.9 |
Price to earnings Ratio - | 1Y Target Price 7.9 | ||
Volume (30-day avg) 5 | Beta 1.67 | 52 Weeks Range 1.73 - 5.24 | Updated Date 08/15/2025 |
52 Weeks Range 1.73 - 5.24 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.19% | Operating Margin (TTM) 11.45% |
Management Effectiveness
Return on Assets (TTM) 5.29% | Return on Equity (TTM) 8.02% |
Valuation
Trailing PE - | Forward PE 8.97 | Enterprise Value 200255052 | Price to Sales(TTM) 3.38 |
Enterprise Value 200255052 | Price to Sales(TTM) 3.38 | ||
Enterprise Value to Revenue 4.17 | Enterprise Value to EBITDA 48.68 | Shares Outstanding 40106900 | Shares Floating 23805789 |
Shares Outstanding 40106900 | Shares Floating 23805789 | ||
Percent Insiders 35.14 | Percent Institutions 17.94 |
Upturn AI SWOT
Electrovaya Inc. Common Shares
Company Overview
History and Background
Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada. The company focuses on the design, development, and manufacturing of lithium-ion batteries, battery systems, and energy storage solutions. It aims to provide innovative and environmentally friendly energy solutions for various applications.
Core Business Areas
- E-Bus, Truck and Industrial Electric Vehicle Batteries: Electrovaya designs, develops, and manufactures complete battery systems for heavy duty electric vehicles, including buses, delivery trucks and forklifts. Electrovaya's electric vehicle batteries power innovative, zero-emission vehicles with industry-leading safety and performance.
- Stationary Storage Batteries: Electrovaya manufactures stationary storage batteries with modules that are intended to be used for different purposes such as peak shaving, demand response, renewable energy storage or backup power.
- Electrovaya Lab: Electrovaya Lab Services offers customized lithium-ion battery engineering support for product development and research programs. It is based in Fremont, California.
Leadership and Structure
Electrovaya is led by Dr. Sankar Das Gupta (CEO). The organizational structure includes departments for research and development, manufacturing, sales and marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- Lithium-ion batteries: Electrovaya manufactures lithium ion batteries that are intended to be used for different purposes such as peak shaving, demand response, renewable energy storage or backup power. Market share data is fragmented and difficult to obtain precisely, but Electrovaya competes with established players like LG Energy Solution, CATL, and Panasonic in the broader lithium-ion battery market.
- Battery Management Systems (BMS): Electrovaya develops sophisticated BMS to optimize battery performance, safety, and lifespan. Competitors include Analog Devices, Texas Instruments, and NXP Semiconductors.
Market Dynamics
Industry Overview
The lithium-ion battery industry is experiencing significant growth due to the increasing demand for electric vehicles and energy storage solutions. It is a highly competitive market with rapid technological advancements.
Positioning
Electrovaya is positioned as an innovator in battery technology, with a focus on high-performance, safe, and long-lasting batteries. It differentiates itself through its proprietary technology and vertically integrated manufacturing capabilities.
Total Addressable Market (TAM)
The global lithium-ion battery market is projected to reach hundreds of billions of dollars. Electrovaya is positioned to capture a portion of this market by focusing on specific niche applications, such as electric buses, forklifts, and specialized energy storage.
Upturn SWOT Analysis
Strengths
- Proprietary battery technology
- Vertically integrated manufacturing
- Strong research and development capabilities
- Focus on high-performance and safe batteries
- Longstanding experience in the industry
Weaknesses
- Relatively small scale compared to major competitors
- Dependence on specific niche markets
- Limited brand recognition outside of its niche
- Financial constraints for rapid expansion
Opportunities
- Growing demand for electric vehicles and energy storage
- Expansion into new applications and markets
- Partnerships with major OEMs
- Government incentives and support for green technologies
Threats
- Intense competition from larger battery manufacturers
- Fluctuations in raw material prices
- Technological disruptions
- Economic downturns impacting demand
- Changes in government regulations
Competitors and Market Share
Key Competitors
- TSLA
- BLDP
- FCEL
- PLUG
Competitive Landscape
Electrovaya faces intense competition from larger, more established battery manufacturers. Its competitive advantage lies in its proprietary technology, high-performance batteries, and focus on niche applications.
Growth Trajectory and Initiatives
Historical Growth: Electrovaya's growth has been driven by increasing demand for its products, particularly in the electric bus and specialized energy storage sectors.
Future Projections: Analyst estimates suggest continued growth for Electrovaya, driven by the expansion of the electric vehicle market and increasing adoption of energy storage solutions.
Recent Initiatives: Recent initiatives include expanding production capacity, securing new partnerships with OEMs, and developing new battery technologies.
Summary
Electrovaya is a niche player in the lithium-ion battery market, with proprietary technology and a focus on specific applications. While it faces intense competition from larger players, it is positioned for growth due to the increasing demand for electric vehicles and energy storage solutions. Its financial health and scale are key factors to watch.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Market Analysis Reports
- Financial News Articles
Disclaimers:
The information provided is for general informational purposes only and should not be considered as financial advice. Market data and analyst estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology. 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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