Electrovaya Inc.
ELVANASDAQIndustrialsElectrical Equipment & Parts
As of Oct 23, 2026 close
- Market cap
- $271.41M
- P/E (TTM)
- 61.57
- Forward P/E
- 28.32
- Dividend yield
- -
- 52-week range
- $4.10$12.78
- Volume (live)
- -
- Avg. volume (3M)
- 368.75K
Electrovaya (ELVA) Stock Price & Financial Analysis
Electrovaya Stock Price Chart
Loading chart...
Financial Metrics & Key Statistics
Fundamental metrics, valuation ratios, and profitability indicators
| Day's Range | $5.03 - $5.25 |
|---|---|
| 52-Week High | $12.78 |
| 52-Week Low | $4.10 |
| Open | $5.14 |
| Volume (last close) | 289.39K |
| Average Volume (3M) | 368.75K |
| Revenue (TTM) | 71.52M |
|---|---|
| Net Income (TTM) | 4.41M |
| Free Cash Flow (TTM) | -41.82M |
| EPS (TTM) | $0.09 |
| Profit Margin | 6.16% |
| Operating Margin | 8.22% |
| Return on Equity (ROE) | 6.56% |
| Debt to Equity | 0.59 |
| Annual Dividend | $0.00 |
|---|---|
| Dividend Yield | 0.00% |
| Payout Ratio | 0.00% |
| Market Cap | 271.41M |
|---|---|
| Shares Outstanding | 52.50M |
| P/E Ratio (TTM) | 61.57 |
| Forward P/E | 28.32 |
| Price to Sales (P/S) | 3.80 |
| Price to Book (P/B) | 4.04 |
| EV/EBITDA | 49.69 |
| 50-Day MA | $6.48 |
|---|---|
| 200-Day MA | $8.56 |
| 1-Year Change | −17.33% |
Source: Market prices and company fundamentals. Data as of Oct 23, 2026. Data sources and methodology
Electrovaya at a Glance
As of the Oct 23, 2026 close, Electrovaya (ELVA) has a market capitalization of $271.41M. The stock trades at 61.6× trailing earnings, 28.3× forward earnings and 3.8× sales. Over the trailing twelve months it earned $4.41M on revenue of $71.52M (a 6.2% profit margin) and burned $41.82M of free cash flow. Revenue grew 32.7% year over year.
As of its latest reported balance sheet, it holds $13.08M in cash and securities against $39.82M of debt, a net debt position of $26.73M.
Electrovaya does not currently pay a dividend.
The share price is down 17.3% over the past year. At $5.17 (the Oct 23, 2026 close) it sits near the bottom of its 52-week range of $4.10 to $12.78, below its 200-day moving average of $8.56.
Based on 3 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $13.00, 151.5% above the Oct 23, 2026 close.
Frequently Asked Questions About Electrovaya
What is the current stock price for ELVA?
As of the Oct 23, 2026 close, ELVA stock trades at $5.17. The 52-week range is $4.10–$12.78, with a day range of $5.03–$5.25.
What is the P/E ratio for ELVA?
As of the Oct 23, 2026 close, Electrovaya's trailing twelve-month (TTM) P/E ratio is 61.6, meaning investors pay $61.6 for every $1 of annual earnings. The forward P/E is 28.3, reflecting analyst expectations for future earnings. Electrovaya operates in the Industrials sector.
Does ELVA pay dividends?
Electrovaya does not currently pay a regular dividend. The company retains its earnings to reinvest in the business. Check the Dividends tab for historical dividend information.
What do analysts recommend for ELVA?
Based on ratings from 3 professional analysts over the last 90 days, the consensus for ELVA is Buy. The average 12-month price target is $13.00, a 151.5% upside from the Oct 23, 2026 close of $5.17.
What is the market cap of ELVA?
As of the Oct 23, 2026 close, Electrovaya's market capitalization is $271.4M, classifying it as a micro-cap company. Electrovaya operates in the Industrials sector within the Electrical Equipment & Parts industry.