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Electrovaya (TSX:ELVA) Market Cap : C$147.26 Mil (As of Apr. 29, 2024)


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What is Electrovaya Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Electrovaya's share price for the quarter that ended in Sep. 2023 was C$3.75. Electrovaya's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 33.83 Mil. Therefore, Electrovaya's market cap for the quarter that ended in Sep. 2023 was C$126.87 Mil.

Electrovaya's quarterly market cap declined from Mar. 2023 (C$169.81 Mil) to Jun. 2023 (C$158.31 Mil) and declined from Jun. 2023 (C$158.31 Mil) to Sep. 2023 (C$126.87 Mil).

Electrovaya's annual market cap declined from Sep. 2021 (C$188.26 Mil) to Sep. 2022 (C$144.24 Mil) and declined from Sep. 2022 (C$144.24 Mil) to Sep. 2023 (C$126.87 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Electrovaya's Enterprise Value for Today is C$171.84 Mil.


Electrovaya Market Cap Historical Data

The historical data trend for Electrovaya's Market Cap 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.

* Premium members only.

Electrovaya Market Cap Chart

Electrovaya Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.98 116.65 188.26 144.24 126.87

Electrovaya Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Market Cap 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 144.24 164.84 169.81 158.31 126.87

Competitive Comparison of Electrovaya's Market Cap

For the Electrical Equipment & Parts subindustry, Electrovaya's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrovaya's Market Cap distribution charts can be found below:

* The bar in red indicates where Electrovaya's Market Cap falls into.



Electrovaya Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Electrovaya's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )=Share Price (A: Sep. 2023 )*Shares Outstanding (EOP) (A: Sep. 2023 )
=C$3.75*33.8328
=C$126.87

Electrovaya's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=C$3.75*33.8328
=C$126.87

* 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  (TSX:ELVA) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Electrovaya Market Cap Related Terms

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Electrovaya (TSX:ELVA) Business Description

Traded in Other Exchanges
Address
6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.