Electrovaya Inc.

ELVA

Industrials 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

4.92 0.36 −6.82%
Market cap
$245.5M
P/E
46.4×
Fwd P/E
89.2×
Dividend yield
—
F-score
6/9
ROIC
4.60%
Net debt / EBITDA
2.2×
Dividend safety
n/a

Electrovaya Inc. (ELVA) Return on invested capital

Alert me on 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

Embed this chart

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

Low 0.00% High 7.48%
Ten-year median 0.00%
Current reading's percentile 100

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)

The full definition of Return on invested capital →

More on ELVA