Added to YB: 2026-03-20
Pitch date: 2026-03-18
ELVA [neutral]
Electrovaya Inc.
+2.54%
current return
Author Info
Stock Pursuit researches domestic deep value equities below net cash, net current asset value or net tangible assets. Sign up for the newsletter.
Company Info
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.
Market Cap
CAD 428.8M
Pitch Price
CAD 10.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
50.29
P/E
83.80
EV/Sales
6.38
Sector
Electrical Equipment
Category
growth
Electrovaya Inc. - $ELVA
ELVA (watchlist): Lithium-ion battery co for material handling & energy storage. Sales +43% YoY in 2025, 11 consecutive qtrs of positive adj EBITDA, now net profitable. EPS forecast $0.15 in 2026 (+66% YoY), $0.32 in 2027 (+113%). Trading 25x 2027 EPS. Expanding into grid storage, robotics, data centers. 10K+ battery systems deployed at major distribution centers. Jamestown facility expansion underway.
Read full article (2 min)