Electrovaya Inc ELVA

Morningstar Rating
CA$9.13 −0.17 (1.83%)
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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 LOCK|>^l?R! premium.
Price
CA$9.13
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

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Trading Information

Previous Close Price
CA$9.30
Day Range
CA$9.08–9.32
52-Week Range
CA$5.80–17.62
Bid/Ask
CA$9.13 / CA$9.21
Shares Outstanding
49.51M
Market Cap
CA$452.00M
Volume/Avg
110,245 / 194,499

Key Statistics

Price/Earnings (Normalized)
48.48
Price/Sales
4.52
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
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)
48.48
Price/Book Value
4.78
Price/Sales
4.52
Price/Cash Flow
30.02
Price/Earnings
ELVA

Financial Strength

Metric
ELVA
Quick Ratio
4.27
Current Ratio
7.53
Interest Coverage
2.01
Quick Ratio
ELVA

Profitability

Metric
ELVA
Return on Assets (Normalized)
10.36%
Return on Equity (Normalized)
19.95%
Return on Invested Capital (Normalized)
14.13%
Return on Assets
ELVA

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