Electrovaya Inc. (ELVA) Stock Score, Valuation & Financial Research

Electrovaya Inc. is in the Industrials sector and Electrical Equipment & Parts industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 36/100.

Quick answer for ELVA

Electrovaya Inc. currently has a Wall Street Score of 36/100. The stored market price is $6.19. Its financial score is 35/100. Its valuation score is 0/100. These figures are a research snapshot, not a buy or sell recommendation.

What Electrovaya Inc. does

Electrovaya, Inc. is a lithium-ion battery technology and manufacturing company. engages in designing, developing, and manufacturing proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The firm's businesses include lithium-ion batteries to power MHEVs including forklifts and Automated Guided Vehicles, as well as accessories such as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses and other transportation applications; industrial products for energy storage; and specialty applications which require complex power solutions, including competencies in building systems for third parties. The company was founded by Sankar Das Gupta in September 1996 and is headquartered in Mississauga, Canada.

ELVA financial snapshot

Wall Street Score:
36/100
Current price:
$6.19
Market capitalization:
$306.5M
Revenue:
$70.9M
Net income:
$4.4M
Free cash flow:
$-9.5M
Cash:
$13.1M
Total debt:
$41.1M
EPS:
0.10
P/E ratio:
62.7x
Financial score:
35/100
Valuation score:
0/100
Revenue score:
34/100

What stands out

  • Reported year-over-year revenue growth is +0.1%.
  • Free cash flow is $-9.5M, showing cash burn in the current stored period.
  • The balance sheet shows $13.1M of cash versus $41.1M of total debt, so leverage deserves attention.

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 35/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-07.

How to research ELVA

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.