Added to YB: 2026-03-19
Pitch date: 2026-03-16
ELVA [bullish]
Electrovaya Inc.
Author Info
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Company Info
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.
Market Cap
CAD 428.8M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
50.29
P/E
83.80
EV/Sales
6.38
Sector
Electrical Equipment
Category
turnaround
Electrovaya - A Turnaround Play
ELVA (new position): Battery maker's strategy shift yielded first-ever profit. Trading at high multiples assuming flawless execution, but successful turnaround could deliver multibagger returns. Market cap slightly above typical microcap range but compelling fundamentals warrant position.
Read full article (1 min)