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Electrovaya

DB:4EV
Snowflake Description

Limited growth with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4EV
DB
CA$22M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Electrovaya Inc., together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion based battery products in Canada, the United States, and internationally. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Electrovaya has significant price volatility in the past 3 months.
4EV Share Price and Events
7 Day Returns
7.2%
DB:4EV
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
8.9%
DB:4EV
-8.2%
DE Electrical
-17.5%
DE Market
4EV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Electrovaya (4EV) 7.2% -2.4% 0.9% 8.9% -93.1% -51.7%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 4EV outperformed the Electrical industry which returned -8.2% over the past year.
  • 4EV outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
4EV
Industry
5yr Volatility vs Market

4EV Value

 Is Electrovaya undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Electrovaya is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Electrovaya has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Electrovaya. This is due to cash flow or dividend data being unavailable. The share price is €0.1154.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Electrovaya's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Electrovaya's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:4EV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.07
TSX:EFL Share Price ** TSX (2020-03-31) in CAD CA$0.19
TSX:EFL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.705 $0.13
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Electrovaya.

DB:4EV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:EFL Share Price ÷ EPS (both in USD)

= 0.13 ÷ -0.07

-1.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electrovaya is loss making, we can't compare its value to the DE Electrical industry average.
  • Electrovaya is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Electrovaya's expected growth come at a high price?
Raw Data
DB:4EV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
117.5%per year
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Electrovaya, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Electrovaya's assets?
Raw Data
DB:4EV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $-0.14
TSX:EFL Share Price * TSX (2020-03-31) in CAD CA$0.19
TSX:EFL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.705 $0.13
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:4EV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:EFL Share Price ÷ Book Value per Share (both in USD)

= 0.13 ÷ -0.14

-0.93x

* Primary Listing of Electrovaya.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electrovaya has negative assets, we can't compare the value of its assets to the DE Electrical industry average.

Next steps:

  1. Take a look at our analysis of 4EV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Electrovaya's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Electrical industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Electrovaya's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Electrovaya has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

4EV Future Performance

 How is Electrovaya expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
117.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Electrovaya expected to grow at an attractive rate?
  • Unable to compare Electrovaya's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Electrovaya's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Electrovaya's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:4EV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:4EV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 117.5%
DB:4EV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 92.1%
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:4EV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:4EV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 35 0 1
2020-09-30 19 -3 1
2020-04-01
DB:4EV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 4 -4 -8
2019-09-30 5 -3 -3
2019-06-30 6 -4 -3
2019-03-31 5 -6 -4
2018-12-31 7 -4 -5
2018-09-30 6 -7 -10
2018-06-30 5 -8 -9
2018-03-31 5 -12 -9
2017-12-31 2 -19 -7
2017-09-30 2 -19 -5
2017-06-30 6 -19 -9
2017-03-31 8 -17 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Electrovaya is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Electrovaya's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:4EV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Electrovaya Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4EV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 0.00 0.00 0.00 1.00
2020-09-30 -0.02 -0.02 -0.02 1.00
2020-04-01
DB:4EV Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.07
2019-09-30 -0.03
2019-06-30 -0.03
2019-03-31 -0.04
2018-12-31 -0.05
2018-09-30 -0.10
2018-06-30 -0.10
2018-03-31 -0.09
2017-12-31 -0.07
2017-09-30 -0.05
2017-06-30 -0.10
2017-03-31 -0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Electrovaya will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Electrovaya's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Electrovaya has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

4EV Past Performance

  How has Electrovaya performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Electrovaya's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Electrovaya does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Electrovaya's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Electrovaya's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Electrovaya's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Electrovaya Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4EV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3.78 -7.50 3.70 2.34
2019-09-30 4.89 -2.84 3.87 2.86
2019-06-30 5.61 -2.68 3.26 3.40
2019-03-31 4.84 -3.95 3.48 3.89
2018-12-31 6.86 -4.73 4.15 4.03
2018-09-30 5.63 -10.17 4.33 3.83
2018-06-30 4.60 -9.34 3.43 3.05
2018-03-31 5.23 -8.74 2.55 3.08
2017-12-31 2.29 -6.57 -0.08 3.07
2017-09-30 2.28 -4.65 -0.69 2.99
2017-06-30 6.50 -8.75 1.70 4.25
2017-03-31 8.04 -9.92 2.91 5.17
2016-12-31 12.03 -12.52 5.15 6.22
2016-09-30 19.54 -8.79 5.32 6.40
2016-06-30 24.89 -1.86 3.17 6.18
2016-03-31 28.27 -0.49 2.70 5.75
2015-12-31 24.53 1.66 2.10 4.47
2015-09-30 16.57 -3.19 1.86 4.98
2015-06-30 8.45 -5.19 2.37 4.16
2015-03-31 4.63 -4.84 2.55 3.39
2014-12-31 5.89 -5.18 3.40 3.26
2014-09-30 7.40 -3.45 3.45 2.08
2014-06-30 6.54 -3.97 2.36 2.33
2014-03-31 4.55 -4.13 2.05 2.47
2013-12-31 3.08 -4.32 1.57 2.20
2013-09-30 2.84 -4.56 1.81 1.75
2013-06-30 5.48 -4.35 2.93 1.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Electrovaya has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Electrovaya has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Electrovaya improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Electrovaya's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Electrovaya has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

4EV Health

 How is Electrovaya's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Electrovaya's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Electrovaya's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Electrovaya's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Electrovaya's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Electrovaya has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Electrovaya Company Filings, last reported 3 months ago.

DB:4EV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -16.10 15.30 0.56
2019-09-30 -14.27 12.82 0.33
2019-06-30 -13.33 12.12 0.16
2019-03-31 -12.01 11.48 0.17
2018-12-31 -10.59 10.90 0.45
2018-09-30 -13.76 26.81 0.13
2018-06-30 -11.84 25.00 0.44
2018-03-31 -15.34 25.09 2.04
2017-12-31 -13.75 25.26 1.21
2017-09-30 -1.22 25.26 3.40
2017-06-30 1.24 22.30 0.70
2017-03-31 1.96 22.65 8.19
2016-12-31 5.58 15.18 4.43
2016-09-30 7.95 8.00 0.67
2016-06-30 13.23 6.73 2.68
2016-03-31 13.32 6.79 4.29
2015-12-31 14.79 6.61 3.26
2015-09-30 12.54 7.84 6.31
2015-06-30 11.31 7.27 3.19
2015-03-31 3.47 5.14 0.72
2014-12-31 4.63 5.58 1.66
2014-09-30 5.17 5.77 0.97
2014-06-30 6.23 6.06 2.71
2014-03-31 3.83 5.84 0.53
2013-12-31 4.26 5.14 1.40
2013-09-30 4.68 5.29 2.60
2013-06-30 5.56 5.14 3.35
  • Electrovaya has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Electrovaya's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Electrovaya has less than a year of cash runway based on current free cash flow.
  • Electrovaya has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.8% each year.
X
Financial health checks
We assess Electrovaya's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Electrovaya has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

4EV Dividends

 What is Electrovaya's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Electrovaya dividends.
If you bought €2,000 of Electrovaya shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Electrovaya's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Electrovaya's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:4EV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:4EV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-09-30
2020-09-30
2020-04-01

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Electrovaya has not reported any payouts.
  • Unable to verify if Electrovaya's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Electrovaya's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Electrovaya has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Electrovaya's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Electrovaya afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Electrovaya has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

4EV Management

 What is the CEO of Electrovaya's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sankar Gupta
COMPENSATION $199,433
AGE 68
CEO Bio

Dr. Sankar Das Gupta, Ph.D., DIC is the Founder of Electrovaya Inc. and serves as its Chief Executive Officer and President. Dr. Gupta served as the Chairman of Electrovaya Inc. since April 1999 and has served as its Director since April 1996. Dr. Gupta holds a PhD in Electrochemistry from Imperial College, University of London and is an adjunct professor at the University of Toronto.

CEO Compensation
  • Sankar's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sankar's remuneration is lower than average for companies of similar size in Germany.
Management Team

Sankar Gupta

TITLE
Co-Founder
COMPENSATION
$199K
AGE
68

Jim Jacobs

TITLE
Co-Founder & Independent Director
COMPENSATION
$10K
AGE
70

Richard Halka

TITLE
Executive VP
COMPENSATION
$139K
TENURE
4.8 yrs

Gitanjali Gupta

TITLE
Vice President of Operations
COMPENSATION
$504K

Raj Gupta

TITLE
Vice President of Business Development
COMPENSATION
$527K
TENURE
6.8 yrs

Jason Roy

TITLE
Director of Investor Relations & Communications
Board of Directors Tenure

Average tenure and age of the Electrovaya board of directors in years:

3.2
Average Tenure
69
Average Age
  • The tenure for the Electrovaya board of directors is about average.
Board of Directors

Alex McLean

TITLE
Independent Chairman of the Board
COMPENSATION
$10K
AGE
82

Sankar Gupta

TITLE
Co-Founder
COMPENSATION
$199K
AGE
68
TENURE
24.3 yrs

Jim Jacobs

TITLE
Co-Founder & Independent Director
COMPENSATION
$10K
AGE
70
TENURE
2.1 yrs

Bejoy Gupta

TITLE
Director
COMPENSATION
$10K
AGE
58
TENURE
21.3 yrs

Carolyn Hansson

TITLE
Independent Director
COMPENSATION
$10K
AGE
78
TENURE
3.2 yrs

John MacDonald

TITLE
Independent Director
COMPENSATION
$3K
AGE
62
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Nov 19 Buy Rajshekar Gupta Individual 13. Nov 19 13. Nov 19 87,000 €0.13 €11,020
X
Management checks
We assess Electrovaya's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Electrovaya has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

4EV News

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4EV Company Info

Description

Electrovaya Inc., together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion based battery products in Canada, the United States, and internationally. It provides lithium-ion batteries and systems for materials handling electric vehicles (MHEVs) and other electric transportation applications, as well as for electric stationary storage and other battery markets. The company also offers lithium ion battery systems to power MHEVs, including fork-lifts and automated guided vehicles; and accessories, such as battery chargers to charge the batteries. In addition, it provides electromotive power products for electric trucks, electric buses, and other transportation applications; industrial and residential products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada.

Details
Name: Electrovaya Inc.
4EV
Exchange: DB
Founded: 1996
CA$13,947,709
111,411,900
Website: http://electrovaya.com
Address: Electrovaya Inc.
6688 Kitimat Road,
Mississauga,
Ontario, L5N 1P8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX EFL Common Shares The Toronto Stock Exchange CA CAD 10. Nov 2000
OTCPK EFLV.F Common Shares Pink Sheets LLC US USD 10. Nov 2000
DB 4EV Common Shares Deutsche Boerse AG DE EUR 10. Nov 2000
Number of employees
Current staff
Staff numbers
37
Electrovaya employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 02:36
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/01/13
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.