profit from every $100 of sales.
$0$100
Electrovaya
$5.03+2.44% today
-1.2% in 1 year
1-year low $4.231-year high $12.26
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $74.78 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Electrovaya sold, what it kept, and what it did with the cash.
Sales went from $15.6 million in 2022 to $63.6 million in 2025, with $3.36 million of profit last year.
SalesProfit
Electrovaya vs. similar companies
Electrovaya grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Electrovaya | 74.8× · Very expensive | ||
 Contemporary Amperex Technology | 21.1× · Fair price | ||
 ABB | 32.4× · Expensive | ||
 Vertiv | 59.7× · Expensive | ||
 Delta Electronics (Thailand) Public | 97.8× · Very expensive |
AI analysis
An AI analyst reads Electrovaya's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 16 | 43 | 45 | 64 | |
| 3 | 11 | 14 | 19 | |
| -7 | 1 | 1 | 6 | |
| -6 | 1 | 3 | 5 | |
| -9 | -1 | -1 | 3 | |
| -0.31 | -0.04 | -0.04 | 0.08 | |
| 20.6% | 25.7% | 30.6% | 30.6% | |
| -46.5% | 2.8% | 1.6% | 8.7% | |
| -59.0% | -3.4% | -3.3% | 5.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 22 | 37 | 39 | 64 |
| Cash | 1 | 1 | 1 | 6 |
| Total debt | 23 | 19 | 21 | 23 |
| Total liabilities | 29 | 29 | 31 | 33 |
| -7 | 7 | 9 | 31 | |
| – | – | – | – | |
| -33.3% | 1.0% | 4.6% | 5.8% | |
| 137.3% | -20.7% | -17.3% | 10.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -9 | -5 | 1 | 2 | |
| 0 | 1 | 1 | 11 | |
| -9 | -6 | 0 | -10 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| – | – | – | – | |
| 3 | 1 | 2 | 2 |
Valuation
- 74.8×
- 37.3×
- –
- 7.9×
- 4.0×
- –
- 49.2×
- -3.8%
- 1.3%
- 0.0%
Profitability
- 30.6%
- 8.7%
- 5.3%
- 9.9%
- 7.9%
- -27.4%
- 14.3%
- 4.8%
- 7.9%
- 6.8%
Growth
- +59.7%
- –
- −2,654.3%
- –
- +8.7%
Financial health
- 0.9×
- 0.48
- 29.0%
- 3.0×
- 6.02
- 4.69
- 0.68
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 47%of 982
Top 50%of 988
Bottom 8%of 870
Top 2%of 985
Bottom 11%of 988
What analysts expect
- Average price target
- $11.17
- Range
- $9.50 – $14.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | 0.02 | 0.01 | +100.0% |
| Feb 12, 2026 | 0.02 | 0.01 | +100.0% |
| Dec 10, 2025 | 0.06 | 0.05 | +20.0% |
| Aug 13, 2025 | 0.02 | 0.04 | −50.0% |
| May 14, 2025 | 0.02 | 0.03 | −33.3% |
| Feb 13, 2025 | -0.01 | -0.02 | +50.0% |
| Dec 12, 2024 | -0.00 | -0.01 | +66.5% |
| Aug 13, 2024 | -0.01 | 0.05 | −120.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
25No pass
Benjamin Graham
28No pass
Philip Fisher
28No pass
Peter Lynch
79Pass
Joel Greenblatt
4No pass
Charlie Munger
25No pass
Terry Smith
26No pass
Questions about Electrovaya
Is Electrovaya a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Electrovaya AI analysis
What does Electrovaya do?
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It is in Electrical Equipment & Parts.
Does Electrovaya pay a dividend?
No. Electrovaya does not pay a dividend at the moment.
Is Electrovaya stock halal?
Yes. Electrovaya passes our halal screen: its business is permitted and its debt is 9% of its market value, under the 30% limit. How we check
How has Electrovaya stock done over the past year?
Down 1.2% over the past twelve months, to $5.03. It traded between $4.23 and $12.26 and is 59.0% below its high.
Who are Electrovaya's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Electrovaya's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.