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
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of ELVA is 8.3 and suggests 1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation su
Buy
Sell