ELECTROVAYA INC (ELVA) Stock Fundamental Analysis
NASDAQ:ELVA - Nasdaq - CA28617B6061 - Common Stock - Currency: USD
Taking everything into account, ELVA scores 3 out of 10 in our fundamental rating. ELVA was compared to 93 industry peers in the Electrical Equipment industry. ELVA may be in some trouble as it scores bad on both profitability and health. ELVA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ELVA has reported negative net income.
In the past year ELVA had a positive cash flow from operations.
In the past 5 years ELVA reported 4 times negative net income.
In the past 5 years ELVA reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of ELVA (-3.76%) is better than 61.54% of its industry peers.
ELVA's Return On Equity of -17.30% is in line compared to the rest of the industry. ELVA outperforms 59.34% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.29%, ELVA is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.76% | ||
| ROE | -17.3% | ||
| ROIC | 5.29% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of ELVA (4.41%) is better than 71.43% of its industry peers.
Looking at the Gross Margin, with a value of 30.68%, ELVA is in the better half of the industry, outperforming 72.53% of the companies in the same industry.
ELVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.41% | ||
| PM (TTM) | N/A | ||
| GM | 30.68% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELVA is destroying value.
ELVA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELVA has more shares outstanding
ELVA has a worse debt/assets ratio than last year.
2.2 Solvency
ELVA has an Altman-Z score of -1.42. This is a bad value and indicates that ELVA is not financially healthy and even has some risk of bankruptcy.
ELVA has a worse Altman-Z score (-1.42) than 70.33% of its industry peers.
The Debt to FCF ratio of ELVA is 22.75, which is on the high side as it means it would take ELVA, 22.75 years of fcf income to pay off all of its debts.
ELVA has a better Debt to FCF ratio (22.75) than 65.93% of its industry peers.
A Debt/Equity ratio of 2.36 is on the high side and indicates that ELVA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.36, ELVA is doing worse than 81.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.36 | ||
| Debt/FCF | 22.75 | ||
| Altman-Z | -1.42 |
ROIC/WACC0.52
WACC10.14%
2.3 Liquidity
A Current Ratio of 1.03 indicates that ELVA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.03, ELVA is not doing good in the industry: 80.22% of the companies in the same industry are doing better.
ELVA has a Quick Ratio of 1.03. This is a bad value and indicates that ELVA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.69, ELVA is doing worse than 75.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
ELVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.50%, which is quite impressive.
The Revenue has been growing slightly by 1.26% in the past year.
Measured over the past years, ELVA shows a very strong growth in Revenue. The Revenue has been growing by 55.61% on average per year.
EPS 1Y (TTM)62.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)1.26%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-24.4%
3.2 Future
ELVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 104.77% yearly.
ELVA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 39.75% yearly.
EPS Next Y825.32%
EPS Next 2Y331.97%
EPS Next 3Y225.98%
EPS Next 5Y104.77%
Revenue Next Year76.86%
Revenue Next 2Y54.02%
Revenue Next 3Y49.68%
Revenue Next 5Y39.75%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ELVA. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 12.45, which indicates a correct valuation of ELVA.
Based on the Price/Forward Earnings ratio, ELVA is valued cheaply inside the industry as 91.21% of the companies are valued more expensively.
ELVA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.45 |
4.2 Price Multiples
ELVA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELVA is cheaper than 70.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ELVA is valued a bit cheaper than 67.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 101.31 | ||
| EV/EBITDA | 27.57 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ELVA's earnings are expected to grow with 225.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y331.97%
EPS Next 3Y225.98%
5. Dividend
5.1 Amount
ELVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ELECTROVAYA INC
NASDAQ:ELVA (1/23/2025, 8:58:57 PM)
After market: 2.83 +0.12 (+4.43%)2.71
+0.19 (+7.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners3.85%
Inst Owner ChangeN/A
Ins Owners32.95%
Ins Owner ChangeN/A
Market Cap92.49M
Analysts81.82
Price Target3.88 (43.17%)
Short Float %0.44%
Short Ratio0.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.8%
Min EPS beat(2)-119.61%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-23.28%
Min EPS beat(4)-173.52%
Max EPS beat(4)100%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-25.43%
Min Revenue beat(2)-45.33%
Max Revenue beat(2)-5.52%
Revenue beat(4)0
Avg Revenue beat(4)-22.45%
Min Revenue beat(4)-45.33%
Max Revenue beat(4)-2.89%
Revenue beat(8)1
Avg Revenue beat(8)-14.4%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.07%
PT rev (3m)-6.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-123.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-50.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-36.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.45 | ||
| P/S | 2.07 | ||
| P/FCF | 101.31 | ||
| P/OCF | 89.11 | ||
| P/B | 10.77 | ||
| P/tB | 10.77 | ||
| EV/EBITDA | 27.57 |
EPS(TTM)-0.03
EYN/A
EPS(NY)0.22
Fwd EY8.03%
FCF(TTM)0.03
FCFY0.99%
OCF(TTM)0.03
OCFY1.12%
SpS1.31
BVpS0.25
TBVpS0.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.76% | ||
| ROE | -17.3% | ||
| ROCE | 17.96% | ||
| ROIC | 5.29% | ||
| ROICexc | 5.43% | ||
| ROICexgc | 5.43% | ||
| OM | 4.41% | ||
| PM (TTM) | N/A | ||
| GM | 30.68% | ||
| FCFM | 2.05% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.36 | ||
| Debt/FCF | 22.75 | ||
| Debt/EBITDA | 6.39 | ||
| Cap/Depr | 10.34% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 0.88 | ||
| Cash Conversion | 32.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | -1.42 |
F-Score6
WACC10.14%
ROIC/WACC0.52
Cap/Depr(3y)26.17%
Cap/Depr(5y)54.51%
Cap/Sales(3y)0.56%
Cap/Sales(5y)1.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y825.32%
EPS Next 2Y331.97%
EPS Next 3Y225.98%
EPS Next 5Y104.77%
Revenue 1Y (TTM)1.26%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-24.4%
Revenue Next Year76.86%
Revenue Next 2Y54.02%
Revenue Next 3Y49.68%
Revenue Next 5Y39.75%
EBIT growth 1Y140.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year383.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y115.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.83%
OCF growth 3YN/A
OCF growth 5YN/A