Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks,...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
Target Price
The average target price of ELVA is 9.2 and suggests 25% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
Buy
Sell