Battery Energy Storage System (BESS)LithiumEnergy StorageElectric VehicleCleanTechEnergyRenewable Energy
Description
Electrovaya Inc. (Electrovaya) engages in the design, development, manufacturing, and sale of lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.…
Analysis
Hope premium
Electrovaya Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 1288.8×; owner earnings: the cash an owner could take out each year.
Growth is solid and accelerating; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value. Analysts lean positive.
Flags to be aware of: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Mar 202668
51
2026
All-time high
68
Mar 2026
All-time low
51
Jun 2026
Average rank
60
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
29
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Price/Earnings
10
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Price/Book
25
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Dividend Yield
1
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Value (overall)
6
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Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.