Electrovaya (ELVA) EV to EBIT (2024 - 2026)
Electrovaya's (ELVA) EV to EBIT stood at 63.90 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 43.4% from 44.55 a year earlier and up 63.2% from the prior quarter.
Electrovaya (ELVA) EV to EBIT (2024 - 2026) Analysis & Trends
On a TTM basis, Electrovaya's EV to EBIT came in at 56.54 as of Jun 30, 2026, up 38.0% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 43.62, down 59.6% from FY2024.
- Across earlier fiscal years, EV to EBIT came in at 108.04 in FY2024 (+37.2%) and 78.73 in FY2023.
- The fiscal Q3 2026 figure is the highest quarterly EV to EBIT since fiscal Q1 2025.
- On a year-over-year basis, EV to EBIT rose in four of the last seven quarters, with growth averaging 6.5%.
- Per Business Quant, the preceding three fiscal quarters came in at 39.16 (Q2 2026), 43.65 (Q1 2026) and 43.62 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Electrovaya | 185.70 Mn | 123.20 Mn | 6.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.05 |
| Mar 31, 2026 | 44.69 |
| Dec 31, 2025 | 68.29 |
| Jun 30, 2025 | 28.33 |
| Mar 31, 2025 | 28.02 |
| Dec 31, 2024 | 36.23 |
| Sep 30, 2024 | 35.78 |
Electrovaya EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=ELVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();