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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Electrovaya's earnings available for a low price, and how does
this compare to other companies in the same industry?
Electrovaya has negative assets, we can't compare the value of its assets to the DE Electrical industry average.
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.
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.
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.
Electrovaya's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
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.
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.
Co-Founder & Independent Director
Vice President of Operations
Vice President of Business Development
Director of Investor Relations & Communications
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Electrovaya board of directors is about average.
Board of Directors
Independent Chairman of the Board
Co-Founder & Independent Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
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.
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