Is ELVA.TO a buy or a sell?
The Discounted Cash Flow (DCF) valuation of Electrovaya Inc (ELVA.TO) is 2.48 CAD. With the latest stock price at 4.11 CAD, the upside of Electrovaya Inc based on DCF is -39.5%. This means that ELVA.TO is a sell according to the DCF valuation model.
| Range | Selected | |
| WACC / Discount Rate | 8.6% - 12.1% | 10.3% |
| Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
| Fair Price | 1.62 - 4.70 | 2.48 |
| Upside | -60.7% - 14.3% | -39.5% |