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Electrovaya Inc ELVA

Morningstar Rating
CAD 4.35 +0.06 (1.40%)
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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 27% discount.
Price
CAD 4.31
Fair Value
CAD 8.63
Uncertainty
Very High
1-Star Price
CAD 74.27
5-Star Price
CAD 5.24
Economic Moat
Fxthc
Capital Allocation
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Trading Information

Previous Close Price
CAD 4.29
Day Range
CAD 4.104.37
52-Week Range
CAD 0.877.20
Bid/Ask
CAD 4.30 / CAD 4.39
Market Cap
CAD 148.28 Mil
Volume/Avg
9,804 / 14,376

Key Statistics

Price/Earnings (Normalized)
Price/Sales
2.48
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

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
NANO
688063
Price/Earnings (Normalized)
26.06
Price/Book Value
44.104.221.47
Price/Sales
2.487.79
Price/Cash Flow
217.6347.68
Price/Earnings
ELVA
NANO
688063

Financial Strength

Metric
ELVA
NANO
688063
Quick Ratio
0.447.784.79
Current Ratio
0.978.275.40
Interest Coverage
0.07−207.7517.42
Quick Ratio
ELVA
NANO
688063

Profitability

Metric
ELVA
NANO
688063
Return on Assets (Normalized)
−3.26%−56.26%3.72%
Return on Equity (Normalized)
−63.66%5.19%
Return on Invested Capital (Normalized)
3.05%−64.97%3.96%
Return on Assets
ELVA
NANO
688063
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