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Investment Q&A

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Electrovaya Inc. (ELVA $10.60)
- $10.60 P/E (TTM): 73.88X Cap: $446M
- View ELVA Profile
- View Questions on ELVA

Q: TSX:ELVA (Electrovaya)

Buy, your outlook, long term?

Thank you.

Asked by Ross on February 10, 2026

5i Research Answer:

Please also see this recent answer and more recent minor comments in the Q&A forum. The stock is up 17% YTD but took a hit last week from its high. It has a Sept. year end, and EPS is expected to rise 50% in F2026 and more than double in F2027. The balance sheet is fine and while it is quite expensive, if it can hit these growth rates investors will stay interested. We think it is buyable after the dip a week ago.

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