Electrovaya Inc.

General ticker "ELVA" information:

  • Sector: Industrials
  • Industry: Electrical Equipment & Parts
  • Capitalization: $314.1M (TTM average)

Electrovaya Inc. follows the US Stock Market performance with the rate: 64.5%.

Estimated limits based on current volatility of 3.6%: low 9.55$, high 10.26$

Factors to consider:

  • Current price 114.6% above estimated high
  • Earnings for 18 months up through Q2 (+1 year) exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-09-30 to 2026-09-30

  • 2024-09-30 to 2025-09-30 estimated range: [1.67$, 4.15$]
  • 2025-09-30 to 2026-09-30 estimated range: [2.07$, 4.86$]

Financial Metrics affecting the ELVA estimates:

  • Positive: with PPE of -168.5 at the end of fiscal year the price was very low
  • Positive: -5.39 < Operating profit margin, % of 1.63
  • Negative: Interest expense per share per price, % of 4.18 > 3.31
  • Negative: Inventory ratio change, % of 1.85 > 0.78
  • Negative: Industry earnings per price (median), % of 0 <= 0
  • Positive: -3.75 < Return on assets ratio (scaled to [-100,100]) of -3.62
  • Positive: Industry inventory ratio change (median), % of -1.86 <= -0.16
  • Positive: -4.41 < Investing cash flow per share per price, % of -0.87

Similar symbols

Short-term ELVA quotes

Long-term ELVA plot with estimates

Financial data

YTD 2022-09-30 2023-09-30 2024-09-30
Operating Revenue $15.62MM $43.37MM $44.59MM
Operating Expenses $22.89MM $42.16MM $43.86MM
Operating Income $-7.27MM $1.20MM $0.73MM
Non-Operating Income $-1.94MM $-3.36MM $-2.21MM
Interest Expense $2.29MM $2.50MM $3.20MM
R&D Expense $3.43MM $3.38MM $3.04MM
Income(Loss) $-9.21MM $-2.16MM $-1.49MM
Taxes $0.00MM $-0.68MM $0.00MM
Net Income(Loss)* $-9.21MM $-1.48MM $-1.49MM
Stockholders Equity $-6.71MM $7.15MM $8.59MM
Inventory $7.36MM $8.27MM $9.70MM
Assets $22.19MM $36.51MM $39.48MM
Operating Cash Flow $-8.82MM $-5.24MM $1.04MM
Capital expenditure $0.20MM $0.51MM $0.67MM
Investing Cash Flow $-0.21MM $-0.90MM $-0.67MM
Financing Cash Flow $7.89MM $6.55MM $-0.63MM
Earnings Per Share** $-0.31 $-0.04 $-0.04

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.