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Electrovaya Inc ELVA

Morningstar Rating
$2.49 0.00 (0.00%)
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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 317% premium.
Price
$2.48
Fair Value
$5.37
Uncertainty
Very High
1-Star Price
$9.49
5-Star Price
$7.19
Economic Moat
Lvyd
Capital Allocation
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News

Trading Information

Previous Close Price
$2.49
Day Range
$2.482.49
52-Week Range
$2.345.40
Bid/Ask
$2.44 / $2.54
Market Cap
$84.99 Mil
Volume/Avg
1,207 / 25,064

Key Statistics

Price/Earnings (Normalized)
79.08
Price/Sales
1.82
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
4.04%

Company Profile

Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Growth
Total Number of Employees
97

Comparables

Valuation

Metric
ELVA
688567
FREY
Price/Earnings (Normalized)
79.08
Price/Book Value
28.041.130.40
Price/Sales
1.820.73
Price/Cash Flow
20.56
Price/Earnings
ELVA
688567
FREY

Financial Strength

Metric
ELVA
688567
FREY
Quick Ratio
0.360.966.19
Current Ratio
0.991.237.05
Interest Coverage
0.36−4.68
Quick Ratio
ELVA
688567
FREY

Profitability

Metric
ELVA
688567
FREY
Return on Assets (Normalized)
−0.07%−3.17%−13.16%
Return on Equity (Normalized)
−3.36%−8.68%−15.89%
Return on Invested Capital (Normalized)
6.56%−4.77%−16.34%
Return on Assets
ELVA
688567
FREY
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