As of 2026-09-16, the EV/EBITDA ratio of Electrovaya Inc (EFL.TO) is -36.84. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. EFL.TO's latest enterprise value is 154.87 mil CAD. EFL.TO's TTM EBITDA according to its financial statements is -4.20 mil CAD. Dividing these 2 quantities gives us the above EFL.TO EV/EBITDA ratio.
Note: valuation result may not be accurate due to the company's negative EBITDA.
| Range | Selected | |
| Trailing P/E multiples | 3.6x - 6.5x | 5.0x |
| Forward P/E multiples | 3.5x - 8.4x | 6.0x |
| Fair Price | (1.75) - (2.38) | (2.16) |
| Upside | -136.3% - -149.4% | -144.9% |
| Date | EV/EBITDA |