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Electrovaya Inc

NASDAQ • Industrials • Electrical Equipment & Parts • Quote as of 07/15/2026 15:37
Electrovaya Inc stock price and volume chart

Company Profile

IndustryElectrical Equipment & Parts
SectorIndustrials
ExchangeNASDAQ
Market Capitalization582.46 mln
Float32.10 mln
Earnings Date08/18/2026

EPS

0.11
Overpriced

P / E

102
Highly speculative

Piotroski F-Score

6 / 9
Solid

Beneish M-Score

47.11
Highly suspicious

1-Year Forecast

14.80
Strong upside

Relative Strength

89 / 100
Strongly outperforming

Business Description

Electrovaya Inc. is a Canadian company that designs, builds, and sells lithium-ion battery systems for a wide range of uses, including electric forklifts, robots, buses, trucks, and defense vehicles. Founded in 1996 and based in Mississauga, the company also develops solid-state battery technology and energy storage solutions for both industrial and commercial customers across North America. Its products include complete battery systems, management software, and chargers, serving sectors such as construction, defense, and automated materials handling.

Key Fundamentals

EPS0.11
P/E102
ROE12.67
RPS1.50
ROIC14.50
ROA6.79
Interest Cover3.42
EBITDA, mln6.91
EV / EBITDA74.37
EV / EBIT99.51
Revenue, mln70.99
EV / Revenue7.23

Financial Strength

Altman Z-Score6.79
Piotroski F-Score 6 / 9
Beneish M-Score47.11
Price to Graham Number5.33
1-Year Target Price14.80
Short Ratio5.04

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 25.14% 99 / 100   
1 Month 18.95% 93 / 100   
2 Months 49.47% 93 / 100   
6 Months 25.98% 86 / 100   
1 Year 199% 97 / 100   



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