Electrovaya (ELVA) EV to CFO (2023 - 2026)
Electrovaya's (ELVA) quarterly EV to CFO came in at 36.33 in Q2 2026, up 19.15% year-over-year from 30.49 in Q2 2025, and up 12.03% quarter-over-quarter from 41.29 in Q1 2026.
Analysis
Electrovaya (ELVA) EV to CFO (2023 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported EV to CFO for 4 consecutive years, with 36.33 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to CFO rose 19.15% year-over-year to 36.33 in Q2 2026; TTM through Jun 2026 was 352.85, a 2036.64% decrease from a year earlier, with the FY2025 full-year figure at 27.34, up 14.31% from the prior year.
- EV to CFO was 36.33 for Q2 2026 at Electrovaya, up from 41.29 in the prior quarter.
- Over five years, EV to CFO peaked at 220.27 in Q4 2023 and troughed at 135.89 in Q3 2023.
- A 4-year average of 41.35 and a median of 14.96 in 2025 frame the typical range for EV to CFO.
- Across the five-year window, EV to CFO jumped 182.8% in 2024 and plunged 202.49% in 2026, its largest moves.
- Over 4 years, EV to CFO stood at 220.27 in 2023, then sank by 48.92% to 112.51 in 2024, then soared by 43.27% to 161.2 in 2025, then slumped by 122.54% to 36.33 in 2026.
- The last three EV to CFO figures came in at 36.33 (Q2 2026), 41.29 (Q1 2026), and 161.2 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn |
| 10 | Ses Ai | 173.54 Mn | 173.54 Mn | 1.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.33 |
| Mar 31, 2026 | -41.29 |
| Dec 31, 2025 | 161.20 |
| Sep 30, 2025 | 14.96 |
| Jun 30, 2025 | -44.93 |
| Mar 31, 2025 | -13.65 |
| Sep 30, 2024 | 112.51 |
| Jun 30, 2024 | 134.91 |
| Mar 31, 2024 | 83.14 |
| Dec 31, 2023 | 220.27 |
| Sep 30, 2023 | -135.89 |