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Upturn AI SWOT - About
Electrovaya Inc. Common Shares (ELVA)
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Upturn Advisory Summary
04/01/2025: ELVA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -53.42% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 105.83M USD | Price to earnings Ratio - | 1Y Target Price 5.83 |
Price to earnings Ratio - | 1Y Target Price 5.83 | ||
Volume (30-day avg) 65676 | Beta 1.42 | 52 Weeks Range 1.67 - 3.58 | Updated Date 04/2/2025 |
52 Weeks Range 1.67 - 3.58 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.04 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -3.88% | Operating Margin (TTM) -1.7% |
Management Effectiveness
Return on Assets (TTM) 0.99% | Return on Equity (TTM) -12.31% |
Valuation
Trailing PE - | Forward PE 52.63 | Enterprise Value 113381624 | Price to Sales(TTM) 2.42 |
Enterprise Value 113381624 | Price to Sales(TTM) 2.42 | ||
Enterprise Value to Revenue 2.61 | Enterprise Value to EBITDA 42.45 | Shares Outstanding 40088900 | Shares Floating 21880931 |
Shares Outstanding 40088900 | Shares Floating 21880931 | ||
Percent Insiders 39.66 | Percent Institutions 21.16 |
Analyst Ratings
Rating 4.6 | Target Price 6 | Buy 2 | Strong Buy 3 |
Buy 2 | Strong Buy 3 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Electrovaya Inc. Common Shares
Company Overview
History and Background
Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada. It focuses on the design, development, and manufacturing of lithium-ion batteries, battery systems, and battery management systems for electric vehicles, energy storage, and other applications. Over time, Electrovaya has grown from a research-focused company to a commercial supplier of advanced battery solutions.
Core Business Areas
- e-Mobility: Supplies battery systems for electric trucks, buses, and other commercial vehicles.
- Energy Storage: Offers battery solutions for grid-scale energy storage and other stationary applications.
- Industrial: Providing Electrovaya battery systems for applications such as forklifts and materials handling equipment.
Leadership and Structure
Dr. Sankar Das Gupta is the Chairman and CEO of Electrovaya. The company operates with a structure divided into research & development, manufacturing, sales, and marketing departments.
Top Products and Market Share
Key Offerings
- Infinity Battery Systems: High-performance lithium-ion battery systems for electric vehicles. Electrovaya is a smaller player compared to giants like CATL and LG Chem. Revenue figures are not widely publicized.
- Lithium Ion Ceramic (LIC) Technology: Patented battery technology offering safety and long cycle life. Electrovaya competes with companies like Samsung SDI, Panasonic, and SK Innovation in this segment, especially in applications requiring high safety standards. Specific market share data isn't readily available.
- Electrovaya Module: Electrovaya provides lithium ion battery products which are used in industrial applications. Electrovaya has made partnerships with OEM's to distribute such product in certain geographies. Competitors include LG, Tesla and CATL. Market share is small relative to the larger players.
Market Dynamics
Industry Overview
The lithium-ion battery market is experiencing rapid growth, driven by the increasing adoption of electric vehicles and renewable energy storage. The industry is characterized by intense competition and technological innovation.
Positioning
Electrovaya is positioned as a provider of safe and long-lasting lithium-ion battery solutions, with a focus on niche applications and customized solutions. Its competitive advantage lies in its patented LIC technology and ability to meet specific customer requirements.
Total Addressable Market (TAM)
The global lithium-ion battery market is projected to reach hundreds of billions of dollars in the coming years. Electrovaya, given its specialization, targets a specific subset of this market.
Upturn SWOT Analysis
Strengths
- Patented LIC technology
- Strong focus on safety
- Long cycle life
- Customized solutions
Weaknesses
- Smaller scale compared to major competitors
- Limited brand recognition
- Geographic concentration in North America
- Reliance on key customers
Opportunities
- Growing demand for electric vehicles and energy storage
- Expansion into new markets
- Partnerships with major OEMs
- Development of next-generation battery technologies
Threats
- Intense competition from established players
- Fluctuations in raw material prices
- Technological obsolescence
- Regulatory changes
Competitors and Market Share
Key Competitors
- TSLA
- PLUG
- QS
Competitive Landscape
Electrovaya distinguishes itself with its LIC technology and emphasis on safety, but faces intense competition from larger, better-funded companies.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: To be assessed based on historical financials.
Future Projections: Based on industry reports and analyst consensus; unavailable without real-time access.
Recent Initiatives: Recent initiatives would include technology development, partnerships, and market expansion efforts.
Summary
Electrovaya is a niche player in the lithium-ion battery market with strong technology, but it faces challenges competing with larger companies. Its patented LIC technology is a key strength, offering enhanced safety. The company needs to execute its market expansion strategy to fully capitalize on the growth in the electric vehicle and energy storage sectors. Electrovaya is a buy for investors looking for a high risk / high potential upside play.
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Sources and Disclaimers
Data Sources:
- Electrovaya's website
- Industry reports on lithium-ion batteries
- Public filings and press releases
- Market research reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Electrovaya Inc. Common Shares
Exchange NASDAQ | Headquaters Mississauga, ON, Canada | ||
IPO Launch date 2016-01-08 | CEO & Director Dr. Rajshekar Das Gupta Ph.D. | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees - | Website https://electrovaya.com |
Full time employees - | Website https://electrovaya.com | ||
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. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
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