Electrovaya Inc ELVA

Morningstar Rating
$9.57 −0.55 (5.43%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ELVA is trading at a 577% premium.
Price
$9.56
Fair Value
$9.34
Uncertainty
Ybcp Zxk
1-Star Price
$35.38
5-Star Price
$1.66
Economic Moat
Ydtpqd
Capital Allocation

News

Trading Information

Previous Close Price
$10.12
Day Range
$9.5510.27
52-Week Range
$3.1112.78
Bid/Ask
$9.40 / $12.09
Shares Outstanding
49.51M
Market Cap
$473.79M
Volume/Avg
112 / 405,518

Key Statistics

Price/Earnings (Normalized)
97.54
Price/Sales
6.23
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Growth
Total Number of Employees
123

Valuation

Metric
ELVA
Price/Earnings (Normalized)
97.54
Price/Book Value
7.49
Price/Sales
6.23
Price/Cash Flow
51.94
Price/Earnings
ELVA

Financial Strength

Metric
ELVA
Quick Ratio
4.59
Current Ratio
7.66
Interest Coverage
2.24
Quick Ratio
ELVA

Profitability

Metric
ELVA
Return on Assets (Normalized)
10.18%
Return on Equity (Normalized)
21.02%
Return on Invested Capital (Normalized)
14.83%
Return on Assets
ELVA

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