Electrovaya Inc.
ELVAIndustrials Electrical Equipment & Parts
Electrovaya Inc.’s revenue for fiscal 2025 (year ended September 2025) was $63.8 million, up 43.1% from fiscal 2024.
- Revenue
- +3.40%
- EPS
- −69.5%
- Free cash flow
- −266.0%
- Total debt
- +97.4%
Quarter to June 2026, against a year earlier
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Electrovaya Inc. (ELVA) Return on invested capital
Electrovaya Inc.'s return on invested capital over the twelve months to 30 June 2026 was 4.60%, down 2.9 percentage points from fiscal 2025 (7.48%). Over the past ten years it has ranged from 0.00% (fiscal 2022) to 7.48% (fiscal 2025) — the current reading is the highest in ten years. That is above the Electrical Equipment & Parts industry median of 0.00% and above the Industrials sector median of 2.21%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.48% | 3.45 |
| FY2024 | 4.03% | (2.28) |
| FY2023 | 6.31% | 6.31 |
| FY2022 | 0.00% | 0.00 |
| FY2021 | 0.00% | 0.00 |
| FY2020 | 0.00% | 0.00 |
| FY2019 | 0.00% | — |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ESP Espey Mfg. & Electronics Corp. compare | 47.9% |
| KE Kimball Electronics, Inc. compare | 5.37% |
| ELVA Electrovaya Inc. | 4.60% |
| FAC Factorial Energy Inc. compare | 0.00% |
| ULBI Ultralife Corporation compare | −1.49% |
| EAF GrafTech International Ltd. compare | −9.87% |
| HYLN Hyliion Holdings Corp. compare | −33.1% |
| NEOV NeoVolta, Inc. compare | −79.8% |
| LTBR Lightbridge Corporation compare | −6,570.2% |
| Electrical Equipment & Parts industry median | 0.00% |
| Industrials sector median | 2.21% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)