Electrovaya Inc
Research Electrovaya Inc (ELVA) on Bullrun: valuation model: 13.5% overvalued, market cap USD 333.49M, P/E 68.9. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerELVA
- ExchangeNASDAQ
- CountryCanada
- SectorIndustrials
- IndustryElectrical Equipment & Parts
- CurrencyUSD
- Valuation signal13.5% overvalued
- Market capUSD 333.49M
- P/E68.9
- Financial periodQ1 2026
- RevenueUSD 18.05M
- Net incomeUSD 1.02M
- Free cash flow-USD 8.34M
- Gross margin33.5%
Valuation Snapshot
Bullrun's latest valuation model marks Electrovaya Inc as 13.5% overvalued; latest market cap is USD 333.49M; P/E is 68.9.
Peer valuation comparison
Latest P/E is 68.9x versus a Industrials sector median of 20.76x (231.9% above).
Latest P/E is 68.9x versus a Canada median of 15.58x (342.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 67.96M | USD 4.82M | -USD 23.44M | 31.2% | 0.14 | USD 22.68M | USD 28.98M | USD 60.32M |
| FY2024 | USD 43.69M | -USD 1.70M | USD 1.89M | 31.1% | -0.08 | USD 8.17M | USD 17.37M | USD 20.06M |
| FY2023 | USD 45.29M | -USD 1.21M | USD 4.68M | 26.0% | -0.02 | USD 1.03M | USD 19.03M | USD 7.15M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 333.49M | 68.9 | n/a | n/a |
| 2025 | 2025-12-31 | USD 378.92M | 71.8 | n/a | n/a |
| 2024 | 2024-12-31 | USD 99.42M | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 103.53M | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 121.86M | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 105.34M | n/a | n/a | n/a |
About Electrovaya Inc
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. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology.
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Frequently asked questions
Is Electrovaya Inc overvalued or undervalued?
Bullrun's valuation model currently marks Electrovaya Inc as 13.5% overvalued.
What is Electrovaya Inc's market cap?
Electrovaya Inc's market capitalization is USD 333.49M.
What is Electrovaya Inc's P/E ratio?
Electrovaya Inc's price-to-earnings (P/E) ratio is 68.9.
What does Electrovaya Inc do?
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. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology.