ELVA Valuation

Electrovaya Inc

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4.845

-0.175(-3.486%)1D

ELVA Relative Valuation

ELVA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ELVA is overvalued; if below, it's undervalued.

Historical Valuation

Electrovaya Inc (ELVA) is now in the Fair zone, suggesting that its current forward PS ratio of 5.10 is considered Fairly compared with the five-year average of -16.61. The fair price of Electrovaya Inc (ELVA) is between 1.73 to 5.91 according to relative valuation methord.

Relative Value

Fair Zone

1.73-5.91

Current Price：5.00

Fair

46.70

Trailing

Forward

18.82

EV/EBITDA

Electrovaya Inc. (ELVA) has a current EV/EBITDA of 18.82. The 5-year average EV/EBITDA is 5.87. The thresholds are as follows: Strongly Undervalued below -87.36, Undervalued between -87.36 and -40.74, Fairly Valued between 52.49 and -40.74, Overvalued between 52.49 and 99.11, and Strongly Overvalued above 99.11. The current Forward EV/EBITDA of 18.82 falls within the Historic Trend Line -Fairly Valued range.

28.43

EV/EBIT

Electrovaya Inc. (ELVA) has a current EV/EBIT of 28.43. The 5-year average EV/EBIT is 11.95. The thresholds are as follows: Strongly Undervalued below -203.62, Undervalued between -203.62 and -95.84, Fairly Valued between 119.73 and -95.84, Overvalued between 119.73 and 227.52, and Strongly Overvalued above 227.52. The current Forward EV/EBIT of 28.43 falls within the Historic Trend Line -Fairly Valued range.

5.02

Electrovaya Inc. (ELVA) has a current PS of 5.02. The 5-year average PS is 3.26. The thresholds are as follows: Strongly Undervalued below -2.07, Undervalued between -2.07 and 0.59, Fairly Valued between 5.92 and 0.59, Overvalued between 5.92 and 8.59, and Strongly Overvalued above 8.59. The current Forward PS of 5.02 falls within the Historic Trend Line -Fairly Valued range.

29.91

P/OCF

Electrovaya Inc. (ELVA) has a current P/OCF of 29.91. The 5-year average P/OCF is -21.30. The thresholds are as follows: Strongly Undervalued below -237.70, Undervalued between -237.70 and -129.50, Fairly Valued between 86.89 and -129.50, Overvalued between 86.89 and 195.09, and Strongly Overvalued above 195.09. The current Forward P/OCF of 29.91 falls within the Historic Trend Line -Fairly Valued range.

-6.21

P/FCF

Electrovaya Inc. (ELVA) has a current P/FCF of -6.21. The 5-year average P/FCF is -10.24. The thresholds are as follows: Strongly Undervalued below -90.05, Undervalued between -90.05 and -50.15, Fairly Valued between 29.66 and -50.15, Overvalued between 29.66 and 69.56, and Strongly Overvalued above 69.56. The current Forward P/FCF of -6.21 falls within the Historic Trend Line -Fairly Valued range.

Electrovaya Inc (ELVA) has a current Price-to-Book (P/B) ratio of 9.16. Compared to its 3-year average P/B ratio of 14.29 , the current P/B ratio is approximately -35.92% higher. Relative to its 5-year average P/B ratio of -6.93, the current P/B ratio is about -232.09% higher. Electrovaya Inc (ELVA) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -3.12%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -4.95% , the current FCF yield is about -100.00% lower.

9.01

P/B

Median3y

14.29

Median5y

-6.93

-0.01

FCF Yield

Median3y

-3.12

Median5y

-4.95

Competitors Valuation Multiple

The average P/S ratio for ELVA's competitors is 5.35, providing a benchmark for relative valuation. Electrovaya Inc Corp (ELVA) exhibits a P/S ratio of 5.02, which is -6.23% above the industry average. Given its robust revenue growth of 66.76%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Airjoule Technologies Corp

GrafTech International Ltd

Innoviz Technologies Ltd

Performance Decomposition

Market capitalization of ELVA increased by 90.15% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 47.20 to 184.72.

The secondary factor is the Revenue Growth, contributed 66.76%to the performance.

Overall, the performance of ELVA in the past 1 year is driven by P/E Change. Which is more unsustainable.

66.76%

10.27M → 17.13M

Revenue Growth

-267.94%

-3.15 → 5.29

Margin Expansion

291.33%

47.20 → 184.72

P/E Change

90.15%