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    Electrovaya Inc. (ELVA)

    Official site

    INDUSTRIALS • ELECTRICAL EQUIPMENT & PARTS • NASDAQ

    $5.36
    +0.20 (+3.88%)

    Market Cap: $253.49M

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    52%(11/21)
    Avg Surprise
    -6.05%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.04
    Range$0.00 - $0.12
    6 analysts
    Revenue Consensus
    $16M
    Range$15M - $17M
    6 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.06
    Range$0.02 - $0.10
    2 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.06+9.1%
    60d ago$0.03+100.0%
    30d ago$0.02+200.0%
    7d ago$0.060.0%
    Current$0.06
    Revenue Consensus
    $20M
    Range$19M - $21M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.06---
    Sep 26EST
    		-$0.04---
    Jun 26
    Reported Aug 10
    		$0.01N/A-66.67%Miss-50.0%
    Mar 26
    Reported May 14
    		$0.02$0.01+100.00%Beat+0.0%
    Dec 25
    Reported Feb 12
    		$0.02$0.01+100.00%Beat+300.0%
    Sep 25
    Reported Dec 10
    		$0.04$0.05-23.81%Miss+1312.1%
    Jun 25
    Reported Aug 13
    		$0.02$0.04-50.00%Miss+300.0%
    Mar 25
    Reported May 14
    		$0.02$0.03-33.33%Miss+200.0%
    Dec 24
    Reported Feb 13
    		$-0.01$-0.02+50.00%Beat-150.0%
    Sep 24
    Reported Dec 12
    		$-0.00N/A+67.00%Beat-116.5%
    Jun 24
    Reported Aug 13
    		$-0.01N/A-133.33%Miss-534.8%
    Mar 24
    Reported May 14
    		$-0.02$0.02-200.00%Miss-484.6%
    Dec 23
    Reported Jan 2
    		$0.02$-0.02+200.00%Beat+120.0%
    Sep 23
    Reported Sep 30
    		$0.02$0.01+198.51%Beat+186.6%
    Jun 23
    Reported Aug 14
    		$0.00N/A+123.00%Beat+104.6%
    Mar 23
    Reported May 4
    		$0.01N/AN/ABeat+105.2%
    Dec 22
    Reported Feb 13
    		$-0.10N/AN/ABeat-35.5%
    Sep 22
    Reported Dec 5
    		$-0.02N/AN/ABeat+53.8%
    Jun 22
    Reported Aug 11
    		$-0.05$-0.02-150.00%Miss+0.0%
    Mar 22
    Reported May 10
    		$-0.10N/AN/ABeat+0.0%
    Dec 21
    Reported Feb 14
    		$-0.07N/AN/ABeat-47.6%
    Sep 21
    Reported Dec 19
    		$-0.05$-0.05+0.00%Beat-86.6%
    Jun 21
    Reported Aug 9
    		$-0.05N/AN/ABeat-126.4%
    Mar 21
    Reported May 10
    		$-0.10$-0.05-100.00%Miss-100.0%
    Dec 20
    Reported Feb 9
    		$-0.05N/AN/ABeat+50.0%
    Sep 20
    Reported Dec 1
    		$-0.03N/AN/ABeat+76.3%
    Jun 20
    Reported Jul 21
    		$0.19N/AN/ABeat+431.1%
    Mar 20
    Reported May 15
    		$-0.05N/AN/ABeat+43.1%
    Dec 19
    Reported Feb 14
    		$-0.10$-0.10+0.00%Beat-175.2%
    Sep 19
    Reported Dec 24
    		$-0.11N/AN/ABeat-0.8%
    Jun 19
    Reported Aug 14
    		$-0.06N/AN/ABeat+61.9%
    Mar 19
    Reported Jun 29
    		$-0.09N/AN/ABeat+41.5%
    Dec 18
    Reported Mar 30
    		$0.13N/AN/ABeat+116.5%
    Sep 18
    Reported Dec 13
    		$-0.11N/AN/ABeat+68.0%
    Jun 18
    Reported Aug 14
    		$-0.15$-0.15+0.00%Beat+57.1%
    Mar 18
    Reported Jun 29
    		$-0.15$-0.15+0.00%Beat-11.0%
    Dec 17
    Reported Mar 30
    		$-0.81N/AN/ABeat-
    Jun 17
    Reported Aug 1
    		$-0.35$-0.20-75.00%Miss-
    Mar 17
    Reported Jun 29
    		$-0.35$-0.15-133.33%Miss-
    Dec 16
    Reported Mar 30
    		$-0.14N/AN/ABeat-

    Key Metrics

    Valuation
    P/E Ratio59.56EV/EBITDA43.25x
    Price/FCF-6.37xFCF Yield-15.71%
    Profitability
    Profit Margin6.14%Operating Margin4.45%
    ROE9.85%ROIC4.96%
    Financial Health
    Debt/Equity0.58xInterest Coverage2.37x
    Current Ratio7.53xQuick Ratio5.72x
    Trading Statistics
    Beta0.76Avg Volume389.45K
    52-Week High$12.7852-Week Low$4.10

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$5.85
    SMA 20$6.16
    SMA 50$6.73
    SMA 200$8.60
    EMA 10$5.70
    EMA 20$6.03
    EMA 50$6.76
    EMA 200$7.67

    MACD

    Line: -0.40Signal: -0.31Hist: -0.09

    ADX

    ADX: 23.6+DI: 13.3-DI: 37.1

    Aroon & PSAR

    Aroon Up28.0
    Aroon Down100.0
    PSAR$6.32

    Bollinger Bands

    Upper Band$7.20
    Lower Band$5.12
    %B Position3378%(Upper)
    Band Width0.11

    RSI (14-Day)

    Neutral
    33.8

    Momentum Oscillators

    Stoch %K14.4
    Stoch %D10.0
    Williams %R-76.9
    ROC (10d)-16.6%
    Momentum-1.06
    CCI (20d)-144.7
    MFI (14d)33.8

    Volatility Measures

    ATR (14d)$0.35(6.6%)
    StdDev (20d)0.52
    Hist Vol55.5%(High)

    Volume Flow

    VWAP$5.25
    OBV26.0M
    AD Line22.8M
    CMF (20d)-0.043

    Volume Metrics

    Avg Vol (20d)392.3K
    Vol Ratio1.5x(High)
    VWMA (20d)$6.04

    Pivot Points

    R3$5.66
    R2$5.51
    R1$5.34
    Pivot Point$5.20
    S1$5.02
    S2$4.88
    S3$4.70

    Advanced Oscillators

    TSI-27.53
    Ultimate Osc41.3
    KST-114.24

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$17.27M$17.80M$15.55M$20.26M$17.13M$15.02M$11.17M$11.55M$10.27M$10.70M$12.09M$17.15M
    Cost of Revenue$11.72M$12.29M$10.44M$14.14M$11.86M$10.35M$7.76M$8.58M$6.82M$6.97M$8.56M$12.43M
    Gross Profit$5.54M$5.51M$5.11M$6.11M$5.28M$4.67M$3.41M$2.98M$3.46M$3.73M$3.53M$4.72M
    Operating Expenses$4.06M$3.99M$3.74M$3.74M$3.31M$3.28M$3.60M$2.27M$4.04M$3.02M$3.63M$275,000
    R&D$396,664$1.46M$1.22M$1.16M$1.17M$1.07M$984,000$395,000$1.04M$642,000$964,000$1.10M
    SG&A$3.74M$1.48M$1.56M$1.28M$1.18M$1.39M$1.58M$1.19M$1.75M$1.40M$1.70M$1.18M
    Operating Income$1.49M$1.52M$1.37M$2.37M$1.96M$1.40M$-190,000$710,000$-584,000$703,000$-100,000$4.45M
    Interest Income$0$0$0$0$0$0$0$0$130,000$0$0$0
    Interest Expense$374,248$537,450$483,000$825,000$452,000$642,000$685,000$932,000$697,000$1.53M$738,000$763,000
    Income Before Tax$297,254$1.00M$939,000$-5,000$907,000$828,000$-420,000$-114,000$-324,000$-839,000$-208,000$3.08M
    Income Tax Expense$0$0$-99,000$-2,053,000$0$0$0$0$-67$1$-3$0
    Net Income$297,254$1.00M$1.04M$2.05M$907,000$828,000$-420,000$-114,000$-324,000$-839,000$-208,000$3.08M
    EBITDA$1.97M$1.99M$1.84M$1.31M$1.75M$1.80M$582,000$1.13M$731,000$442,000$820,000$1.17M
    EBIT$1.49M$1.54M$1.42M$820,000$1.36M$1.47M$265,000$818,000$373,000$142,000$530,000$870,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    Record Year and a New York Factory: What Electrovaya (TSX:ELVA) Shared

    Electrovaya (TSX:ELVA) anticipates record annual revenue for its recently concluded fiscal year, aligning with previous guidance. The company is making significant progress on its New York manufacturing facility...

    Kalkine Media•10/16/26•Bullish

    Electrovaya's 2026 Outlook: Scaling Manufacturing to Support New Data Center Energy Storage

    Electrovaya (NASDAQ:ELVA) achieved profitability in 2025 and is scaling its manufacturing to meet demand, including expanding into the data center energy storage market with its ElvaPulse 1500 platform. The company's...

    The Globe and Mail•10/15/26•Somewhat-Bullish

    Electrovaya Provides a Business Update

    Electrovaya reported a record preliminary unaudited revenue of approximately $71 million for fiscal year 2026, despite macroeconomic challenges. The company is progressing with its Jamestown...

    Florida Today•10/14/26•Bullish

    Electrovaya expects record fiscal 2026 revenue

    Electrovaya anticipates record revenue of approximately $71 million for fiscal year 2026, aligning with previous guidance despite macroeconomic challenges. The company is transitioning to U.S. GAAP reporting and expects...

    TradingView•10/14/26•Bullish

    [6-K] Electrovaya Inc. Current Report (Foreign Issuer)

    Electrovaya Inc. (ELVA), a foreign private issuer, has filed a Form 6-K Current Report with the U.S. Securities and Exchange Commission on October 14...

    Stock Titan•10/14/26•Neutral

    ELVA Valuation and Fair Value

    P/E
    59.6x
    Forward P/E
    26.2x
    EV/EBITDA
    43.2x
    P/FCF
    -6.4x
    PEG
    0.4x
    P/B
    4.2x
    See GNG's fair value

    ELVA Profitability: Margins, ROIC and FCF

    Gross margin
    31.4%
    Operating margin
    4.5%
    Net margin
    6.1%
    ROIC
    5.0%
    ROE
    9.8%
    FCF margin
    -62.4%
    FCF yield
    -15.7%

    ELVA Competitors

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    TrueBlue IncTBI
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    RCM Technologies IncRCMT
    EVI Industries IncEVI

    Sector: Industrials

    ELVA Analyst Ratings

    Consensus
    Buy
    Analysts
    6
    Strong Buy
    0
    Buy
    6
    Hold
    0
    Sell
    0
    Strong Sell
    0

    ELVA Bull Case vs Bear Case

    Bull case

    • 100.0% of ELVA's analyst ratings are Buy or Strong Buy.

    Bear case

    • ELVA trades at 59.6x trailing earnings.

    ELVA Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    17.9%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.04

    Frequently Asked Questions About ELVA

    Does ELVA pay dividends?

    Electrovaya Inc. (ELVA) does not currently pay a regular dividend.

    What is ELVA's P/E ratio?

    Electrovaya Inc. has a price-to-earnings (P/E) ratio of 59.56.

    What is ELVA's market cap?

    Electrovaya Inc. (ELVA) has a market capitalization of $253.49M with a current stock price of $5.36.

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