Electrovaya

Electrovaya

Electrical Equipment
Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.

$245.5M

Market Cap • 11/10/2026

1996

(30 years)

Founded

2023

(3 years ago)

IPO

NASDAQ

Listing Exchange

Flag of Canada

Canada

Country

Valuation

P/B

3,7

P/S

3,4

P/EBITDA

28,9

P/OCF

66,3

P/FCF

—

P/E

32,6

BVPS

1,3

EPS

0,1

Market Cap

Market Cap

245,5M

EV

274M

EV/Revenue

3,8

EV/EBITDA

32,2

EV/EBIT

40,8

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

-19,1%

Total Yield

-19,1%

Payout

0%

Retained Earnings

-123,5M

Profitability

Gross Margin

33%

EBITDA Margin

11,8%

EBIT Margin

9,3%

Net Margin

8,6%

D&A/EBITDA

21,8%

R&D/Revenue

4,8%

Capex/Revenue

10,2%

Capex/D&A

409,1%

Capex/OCF

197%

SBC/OCF

88,9%

% PPE

16,1%

% Goodwill

0%

ROE

13,7%

ROIC

9,7%

Growth

CAGR Revenue 5Y

38%

Leverage

N.D./EBITDA

3,4

Debt/Equity

0%

Current Ratio

7,5

Quick Ratio

4,3

Interest Coverage

—

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