Is ELVA.TO a good investment?
As of 2025-03-16, the Fair Value of Electrovaya Inc (ELVA.TO) is -0.36 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 3.37 CAD, the upside of Electrovaya Inc is -110.60%. This means that ELVA.TO is not a good investment.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 5Y Avg | |
| Net income | 1.11 | -7.53 | -6.55 | -1.48 | -1.49 | -3.19 |
| YoY growth | 139.08% | -778.38% | 13.01% | 77.42% | -0.41% | -109.85% |
| Market Cap (mil) | 115.02 |
| P/E | |
| Forward P/E | 1,922.60x |
| EPS | -0.05 |
| Avg earnings growth rate | -109.85% |
| TTM earnings | -1.70 |