Electrovaya Inc. (ELVA) fair value analysis
Nasdaq · Updated 2026-10-19
ELVA price how computed
Valuation status
Awaiting full valuationELVA does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under our standards.
We require at least six validated trailing price-to-earnings windows before publishing one. TickrTrends re-evaluates every covered stock weekly; a verdict publishes automatically once enough validated history accumulates.
- Last price
- $5.07
- Sector
- Industrials
- 12-month range
- $4.23–$12.26
- Market cap
- $253M
- From 52-week high
- -58.6%
- Shares outstanding
- 50M
- Rank in Industrials by quality score
- #110 of 152
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Electrovaya Inc. is a Canadian manufacturer of lithium-ion battery systems and energy storage solutions for industrial and commercial applications. The company operates primarily in Canada with a focus on serving customers in North America and internationally.
ELVA currently ranks #110 of 152 Industrials stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $253M
- P/E (trailing)
- 56x
- Revenue (TTM)
- $70.9M
- Net margin
- 6.2%
- EPS (TTM)
- $0.09
- Gross margin
- 32.1%
- Debt / equity
- 0.61
- Revenue growth (3-yr avg)
- 0.2%
- Shares outstanding
- 50M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Expanding
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 30 · neutral
- 50-day average
- $6.65
- 200-day average
- $8.59
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-12-09
- Last 8 quarters vs consensus
- 4 beat, 4 missed
- Quarter by quarter
- 2026-06 ▼ miss (-66.7%)
2026-03 ▲ beat (+100.0%)
2025-12 ▲ beat (+100.0%)
2025-09 ▼ miss (-23.8%)
2025-06 ▼ miss (-50.0%)
2025-03 ▼ miss (-33.3%)
2024-12 ▲ beat (+50.0%)
2024-09 ▲ beat (+67.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 6 buy · 0 hold · 0 sell (6 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $14.6
- Target vs last price
- +188.0%
What our data shows for ELVA
- Our model validated 4 trailing price-to-earnings windows for ELVA, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $4.23–$12.26.
- The 14-day relative strength index sits at a neutral 30.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- ELVA's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
What people are saying
Follow the ELVA conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ELVA stock undervalued?
ELVA does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under TickrTrends' standards; it is re-evaluated every week.
What is ELVA's TickrTrends verdict?
ELVA is currently marked 'Awaiting full valuation' - a verdict publishes automatically once at least six validated trailing P/E windows accumulate.
How does ELVA compare to other Industrials stocks?
ELVA ranks #110 of 152 Industrials stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is ELVA overbought or oversold?
ELVA's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does ELVA report earnings next?
ELVA's next earnings report is scheduled for 2026-12-09, per the published earnings calendar.
Does ELVA usually beat earnings estimates?
Over its last 8 reported quarters ELVA beat the consensus estimate 4 times and missed 4 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ELVA?
Of 6 analysts covering ELVA, 6 rate it a buy, 0 a hold and 0 a sell - buy-leaning, with a consensus price target of $14.6 (+188.0% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.