US · ELVA
Electrovaya Inc.
- Sector
- Industrials · Electrical Equipment & Parts
- Headquarters
- Mississauga, ON L5N 1P8
- Website
- electrovaya.com
Price · as of 2025-09-30
$9.50
Market cap 295.48M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $50.48 | +431.37% |
| Intrinsic Value(DCF) | $179.77 | +1,792.32% |
| Graham-Dodd Method(GD) | $1.23 | -87.08% |
| Graham Formula(GF) | $4.21 | -55.73% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $5.20 | $41.41 | $325.99 | $0.15 | $0.00 |
| 2012 | $1.80 | $72.73 | $134.74 | $0.00 | $0.00 |
| 2013 | $3.85 | $28.62 | $0.00 | $0.00 | $19.28 |
| 2014 | $3.95 | $69.71 | $85.98 | $0.00 | $0.00 |
| 2015 | $2.80 | $108.84 | $10,219.73 | $0.00 | $0.00 |
| 2016 | $9.25 | $1,571.57 | $7,146.12 | $0.00 | $0.00 |
| 2017 | $3.10 | $30.11 | $0.00 | $0.00 | $91.74 |
| 2018 | $0.70 | $54.85 | $0.74 | $0.00 | $0.00 |
| 2019 | $0.70 | $45.35 | $0.00 | $0.00 | $1.64 |
| 2020 | $5.75 | $51.30 | $534.93 | $0.00 | $9.66 |
| 2021 | $4.15 | $51.12 | $0.15 | $0.00 | $4.87 |
| 2022 | $4.40 | $30.83 | $40.83 | $0.00 | $0.00 |
| 2023 | $2.93 | $49.43 | $2,408.03 | $0.00 | $0.00 |
| 2024 | $2.74 | $54.85 | $914.10 | $0.03 | $0.00 |
| 2025 | $5.36 | $50.48 | $528.71 | $1.23 | $4.21 |
AI valuation
Our deep-learning model estimates Electrovaya Inc.'s (ELVA) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $50.48
- Current price
- $9.50
- AI upside
- +431.37%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$179.77
+1,792.32% upside
Graham-Dodd
$1.23
-87.08% upside
Graham Formula
$4.21
-55.73% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ELVA | Electrovaya Inc. | $9.50 | 295.48M | +431% | +1,792% | -87% | -56% | 62.28 | 6.73 | 3.29 | 41.47 | — | 6.73 | 30.62% | 8.71% | 5.29% | 16.94% | 14.60% | 6.50% | 0.72 | 2.13 | 4.16 | 2.27 | 2.98 | -28673.00% | 4258.00% | -265430.00% | -4.54% | 0.17 | -25.04% | 0.00% | 0.00% | 1.81% | 40.73 | -23.75 | 3.55 | 2.95 |
| AIRJ | AirJoule Technologies Cor… | $3.23 | 215.87M | — | — | — | — | 1.83 | 1.57 | — | -32.82 | 0.02 | 1.57 | 0.00% | — | — | 175.21% | -43.92% | 116.46% | 0.00 | — | 7.83 | 7.67 | 2.49 | 1175294.00% | — | 36694.00% | -6.15% | -6.04 | -22.27% | 0.00% | 0.00% | 6.97% | -5.57 | -15.12 | — | 2.26 |
| FCEL | FuelCell Energy, Inc. | $8.14 | 388.58M | -47% | -63% | — | — | -1.02 | 0.27 | 1.23 | -0.32 | -0.07 | 0.27 | -16.70% | -76.65% | -118.80% | -26.56% | -20.68% | -20.19% | 0.20 | -11.68 | 6.63 | 5.13 | 1.07 | 141429.00% | 4105.00% | -2632.00% | -75.76% | -1.85 | -25.22% | 1.64% | -1.70% | 75.42% | -0.37 | -0.30 | 0.28 | -1.89 |
| GASS | StealthGas Inc. | $8.95 | 332.59M | +172% | -52% | +209% | +432% | 2.81 | 0.31 | 1.17 | 2.33 | 7.26 | 0.31 | 44.47% | 35.79% | 41.77% | 11.88% | 9.76% | 9.77% | 0.14 | 6.60 | 2.10 | 1.98 | 0.05 | 3869.00% | 1654.00% | -10345.00% | -1.36% | 2.36 | -0.44% | 0.00% | 0.00% | 21.67% | 3.35 | -75.12 | 1.20 | 2.10 |
| NVX | Novonix Limited | $0.95 | 140.87M | +1,681% | -29% | — | — | -1.78 | 1.05 | 29.41 | -4.03 | -5.34 | 1.14 | -433.30% | -929.63% | -1650.76% | -74.56% | -35.21% | -42.79% | 0.70 | -4.37 | 1.07 | 1.03 | -0.56 | 3333.00% | 4389.00% | 11831.00% | -61.97% | -0.51 | -69.66% | 0.00% | 0.00% | 0.00% | -3.67 | -1.87 | 34.14 | -1.52 |
| OFLX | Omega Flex, Inc. | $35.93 | 362.69M | +51% | -51% | — | — | 20.89 | 4.50 | 3.68 | 14.36 | — | 4.70 | 61.23% | 21.21% | 17.72% | 22.14% | 45.46% | 17.38% | 0.06 | — | 4.80 | 3.79 | -2.03 | -1359.00% | -878.00% | -1345.00% | 5.04% | 1.20 | 52.38% | 3.61% | 75.50% | 4.42% | 15.20 | 17.39 | 3.22 | 13.23 |
| SKYX | SKYX Platforms Corp. | $1.93 | 219.01M | +1,413% | +202% | — | — | -3.57 | 14.11 | 1.48 | -5.59 | — | -10.39 | 28.51% | -37.22% | -41.46% | -283.03% | -87.95% | -50.30% | 4.35 | -7.92 | 0.78 | 0.58 | -0.97 | -2000.00% | 4676.00% | — | -15.07% | -0.70 | -52.70% | 0.00% | 0.00% | 0.00% | -4.81 | -8.03 | 1.79 | -2.92 |
| SLDP | Solid Power, Inc. | $3.53 | 652.44M | +604% | -71% | — | — | -2.14 | 0.50 | 10.24 | -1.10 | -4.65 | 0.51 | -0.72% | -523.03% | -479.27% | -21.13% | -33.00% | -19.68% | 0.02 | -2289.85 | 6.27 | 5.99 | 0.18 | 4595.00% | 1567.00% | -1398.00% | -38.91% | -3.20 | -25.15% | 0.00% | 0.00% | 4.40% | -0.93 | -1.21 | 4.84 | 2.25 |
About Electrovaya Inc.
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
- CEO
- Rajshekar Das Gupta
- Employees
- 97
- Beta
- 0.78
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($179.77 ÷ $9.50) − 1 = +1,792.32% (DCF, example).