ELVA (Electrovaya) Property, Plant and Equipment: $15.43 Mil (As of Mar. 2026)


ELVA Electrovaya Inc ELVA
69 GF Score
Price $9.69
GF Value $4.09
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Electrovaya Property, Plant and Equipment?

Electrovaya ELVA -0.31% 69 Property, Plant and Equipment is $15.43 Mil as of Mar. 2026. GuruFocus rates ELVA with a GF Score™ of 69/100 and a GF Value™ of $4.09 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Electrovaya's quarterly net PPE increased from Sep. 2025 ($13.04 Mil) to Dec. 2025 ($14.97 Mil) and increased from Dec. 2025 ($14.97 Mil) to Mar. 2026 ($15.43 Mil).

Electrovaya's annual net PPE declined from Sep. 2023 ($10.15 Mil) to Sep. 2024 ($9.97 Mil) but then increased from Sep. 2024 ($9.97 Mil) to Sep. 2025 ($13.04 Mil).


Electrovaya  (NAS:ELVA) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Electrovaya Property, Plant and Equipment Related Terms


Electrovaya Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Electrovaya's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Electrovaya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 7.31 10.15 9.97 13.04

Electrovaya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment 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 10.04 11.33 13.04 14.97 15.43
ELVA
69GF Score
Electrovaya Inc ELVA
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovaya Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of $15.43 Mil mean?
Electrovaya (ELVA) has a Property, Plant and Equipment of $15.43 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Electrovaya and its competitors.
Is Electrovaya's Property, Plant and Equipment too high?
Electrovaya's current Property, Plant and Equipment is $15.43 Mil. 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 Property, Plant and Equipment compare to VRT and BE?
Electrovaya's Property, Plant and Equipment of $15.43 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for an Industrial Products company?
A good Property, Plant and Equipment depends on the Industrial Products industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Electrovaya and its competitors. Electrovaya's current Property, Plant and Equipment is $15.43 Mil. 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 $4.09, compared to a current price of $9.69 — trading 136.9% above its estimated fair value. The current Property, Plant and Equipment is $15.43 Mil. 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Electrovaya (ELVA), the current Property, Plant and Equipment is $15.43 Mil 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 $9.69 is trading 136.9% above its estimated GF Value™ of $4.09. GuruFocus considers Electrovaya to be Significantly Overvalued.

Key valuation signals for ELVA:

  • Property, Plant and Equipment: $15.43 Mil
  • GF Value™: $4.09 vs. price of $9.69 (136.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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.
69GF Score

Get the complete analysis for ELVA

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.69
Price
$4.09
GF Value