Electrovaya Inc.

$ 10.42 5.25 %

Electrovaya Inc., including its various subsidiaries, focuses on the research, development, and manufacturing of advanced lithium-ion batteries and comprehensive battery systems within North America. Their diverse offerings encompass batteries and associated charging equipment for electric material handling vehicles, such as warehouse forklifts and automated guided vehicles. The company also provides power solutions for a variety of electric transportation needs, including electric trucks and buses, alongside industrial-grade products tailored for energy storage. Furthermore, Electrovaya designs and constructs specialized power systems for external clients. Founded in 1996, the company originally operated under the name Electrofuel Inc., changing to Electrovaya Inc. in March 2002. Its corporate headquarters are located in Mississauga, Canada.

CEO: Rajshekar Das Gupta - https://electrovaya.com

Price objectif

$17.5 67.95 %

Recommandation

Buy

DCF

$ -59.01

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ELVA vs S&P500

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Quick ratio

5.93

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

94.73

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.11

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

11.31 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.31 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

7.16

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.55

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-0.69

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
5.54 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
2.71 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.33 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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