ElectrovayaELVA -4.12%69 Net Margin % is 5.64% as of Mar. 2026. GuruFocus rates ELVA with a GF Score™ of 69/100 and a GF Value™ of $4.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,039 Industrial Products companies, Electrovaya ranks better than 63.31% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Electrovaya's Net Income for the
three
months ended in Mar. 2026 was $1.02 Mil. Electrovaya's Revenue for the
three
months ended in Mar. 2026 was $18.05 Mil. Therefore, Electrovaya's net margin for the quarter that ended in Mar. 2026 was 5.64%.
The historical rank and industry rank for Electrovaya's Net Margin % or its related term are showing as below:
ELVA'
s Net Margin % Range Over the Past 10 Years
Min: -930.9 Med: -51.99 Max: 8.14
Current: 7.07
ELVA's Net Margin % is ranked better than 63.31% of 3039
companies
in the Industrial Products industry
Industry Median: 4.53
vs ELVA: 7.07
Electrovaya (NAS:ELVA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Electrovaya Net Margin % Related Terms
Electrovaya Net Margin % Historical Data
* Premium members only.
The historical data trend for Electrovaya's Net Margin % 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.
For the Electrical Equipment & Parts subindustry, Electrovaya's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Electrovaya's Net Margin % distribution charts can be found below:
* The bar in red indicates where Electrovaya's Net Margin % falls into.
* 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 (ELVA) has a Net Margin % of 5.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Electrovaya and its competitors. According to the industry distribution chart, Electrovaya ranks #1115 out of 3039 companies in the Industrial Products industry, placing it in the top 36.7%.
Is Electrovaya's Net Margin % too high?
Electrovaya's current Net Margin % is 5.64%. The Industrial Products industry median Net Margin % is 4.53. Electrovaya's value of 5.64% is 24.5% above this industry median. Based on the distribution chart, Electrovaya ranks #1115 out of 3039 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Electrovaya has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrovaya's Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Electrovaya ranks #1115 out of 3039 companies for Net Margin %. This puts Electrovaya in the upper half of its industry. The industry median Net Margin % is 4.53. Electrovaya's value of 5.64% is 24.5% 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 Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.53, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electrovaya's current Net Margin % of 5.64% is 24.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Electrovaya and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrovaya's current Net Margin % is 5.64%. 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 $4.04, compared to a current price of $9.55 — trading 136.4% above its estimated fair value. The current Net Margin % is 5.64% and 24.5% above the Industrial Products industry median of 4.53. Electrovaya's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Electrovaya (ELVA), the current Net Margin % is 5.64% as of Mar. 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 $9.55 is trading 136.4% above its estimated GF Value™ of $4.04.
GuruFocus considers Electrovaya to be Significantly Overvalued.
Key valuation signals for ELVA:
Net Margin %: 5.64%
GF Value™: $4.04 vs. price of $9.55 (136.4% above fair value)
Industry Position: 24.5% above the Industrial Products median (#1115 of 3039)
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 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.
69GF Score
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