As of 2025-09-16, the EV/EBITDA ratio of Electrovaya Inc (EFL.TO) is -36.81. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. EFL.TO's latest enterprise value is 154.76 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 | 4.8x - 7.8x | 6.5x |
| Forward P/E multiples | 3.0x - 6.4x | 3.5x |
| Fair Price | (1.99) - (2.36) | (2.05) |
| Upside | -141.4% - -149.0% | -142.5% |
| Date | EV/EBITDA |