Added to YB: 2026-03-26
Pitch date: 2026-03-25
ELVA [bullish]
Electrovaya Inc.
Author Info
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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
N/A
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 - $ELVA
ELVA: Li-ion battery mfr w/ patented ceramic separator moat, industry-leading safety (zero incidents across 30k units) & 14k+ cycle life vs 2.5k standard. Transitioned to profitability in 2025. Expanding into robotics, data centers, ESS, defense. Rev +43% YoY 2025, est +48% 2026 to $129M. EPS $0.32 2026e vs $0.16 2025e. Trading 4x sales, 25x fwd P/E. New 52-acre NY factory adds $200M capacity. Risks: high upfront costs vs BYD, market resistance to NMC in BESS market.
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