ELVA (Electrovaya) EV-to-EBIT: 72.80 (As of Aug. 12, 2026)

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ELVA Electrovaya Inc ELVA
71 GF Score
Price $7.33
GF Value $4.11
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Electrovaya EV-to-EBIT?

Electrovaya ELVA -21.01% 71 EV-to-EBIT is 72.80 as of Aug. 12, 2026. GuruFocus rates ELVA with a GF Score™ of 71/100 and a GF Value™ of $4.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,377 Industrial Products companies, Electrovaya ranks worse than 85.91% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Electrovaya's Enterprise Value is $376.01 Mil. Electrovaya's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $5.17 Mil. Therefore, Electrovaya's EV-to-EBIT for today is 72.80.

The historical rank and industry rank for Electrovaya's EV-to-EBIT or its related term are showing as below:

ELVA' s EV-to-EBIT Range Over the Past 10 Years
Min: -493.41   Med: -9.4   Max: 119.55
Current: 73.72

During the past 13 years, the highest EV-to-EBIT of Electrovaya was 119.55. The lowest was -493.41. And the median was -9.40.

ELVA's EV-to-EBIT is ranked worse than
85.91% of 2377 companies
in the Industrial Products industry
Industry Median: 20.01 vs ELVA: 73.72

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Electrovaya's Enterprise Value for the quarter that ended in Mar. 2026 was $401.04 Mil. Electrovaya's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $5.17 Mil. Electrovaya's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.29%.


Electrovaya  (NAS:ELVA) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Electrovaya's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=5.165/401.03774
=1.29 %

Electrovaya's Enterprise Value for the quarter that ended in Mar. 2026 was $401.04 Mil.
Electrovaya's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.17 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Electrovaya EV-to-EBIT Related Terms


Electrovaya EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Electrovaya's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electrovaya EV-to-EBIT Chart

Electrovaya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.05 -18.87 328.05 58.10 67.91

Electrovaya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.88 39.09 67.91 74.84 78.42

ELVA vs VRT, BE: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, Electrovaya's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electrovaya EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrovaya's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Electrovaya's EV-to-EBIT falls into.


ELVA
71GF Score
Electrovaya Inc ELVA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovaya EV-to-EBIT Calculation

Electrovaya's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=376.013/5.165
=72.80

Electrovaya's current Enterprise Value is $376.01 Mil.
Electrovaya's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.17 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 72.80 mean?
Electrovaya (ELVA) has a EV-to-EBIT of 72.80 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Electrovaya and its competitors. According to the industry distribution chart, Electrovaya ranks #2042 out of 2377 companies in the Industrial Products industry, placing it in the top 85.9%.
Is Electrovaya's EV-to-EBIT too high?
Electrovaya's current EV-to-EBIT is 72.80. The Industrial Products industry median EV-to-EBIT is 20.01. Electrovaya's value of 72.80 is 263.8% above this industry median. Based on the distribution chart, Electrovaya ranks #2042 out of 2377 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Electrovaya has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrovaya's EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Electrovaya ranks #2042 out of 2377 companies for EV-to-EBIT. This places Electrovaya in the lower half of its industry. The industry median EV-to-EBIT is 20.01. Electrovaya's value of 72.80 is 263.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 20.01, based on 2,377 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electrovaya's current EV-to-EBIT of 72.80 is 263.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Electrovaya and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 20.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrovaya's current EV-to-EBIT is 72.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrovaya stock overvalued right now?
Based on GuruFocus' analysis, Electrovaya (ELVA) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.11, compared to a current price of $7.33 — trading 78.3% above its estimated fair value. The current EV-to-EBIT is 72.80 and 263.8% above the Industrial Products industry median of 20.01. Electrovaya's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Electrovaya (ELVA), the current EV-to-EBIT is 72.80 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electrovaya (ELVA) Overvalued in 2026?

Based on GuruFocus' analysis, Electrovaya stock appears to be overvalued. The current stock price of $7.33 is trading 78.3% above its estimated GF Value™ of $4.11. GuruFocus considers Electrovaya to be Significantly Overvalued.

Key valuation signals for ELVA:

  • EV-to-EBIT: 72.80
  • GF Value™: $4.11 vs. price of $7.33 (78.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 263.8% above the Industrial Products median (#2042 of 2377)

No single metric tells the full story. See the ELVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrovaya Business Description

Other Exchanges 4EV0:GermanyELVA:Canada
Address 6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.
71GF Score

Get the complete analysis for ELVA

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.33
Price
$4.11
GF Value