Electrovaya (ELVA) EV to EBIT (2023 - 2026)
Electrovaya's (ELVA) EV to EBIT stood at 63.90 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 94.4% from 32.86 a year earlier and up 63.2% from the prior quarter.
Powered by 
Analysis
Electrovaya (ELVA) EV to EBIT (2023 - 2026) Analysis & Trends
On a TTM basis, Electrovaya's EV to EBIT came in at 56.54 as of Jun 30, 2026, up 74.5% 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 Q4 2024.
- On a year-over-year basis, EV to EBIT rose in three of the last six quarters, with growth averaging 7.3%.
- Per Business Quant, the preceding three fiscal quarters came in at 39.16 (Q2 2026), 43.65 (Q1 2026) and 37.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.90 |
| Mar 31, 2026 | 39.16 |
| Dec 31, 2025 | 43.65 |
| Sep 30, 2025 | 37.42 |
| Jun 30, 2025 | 32.86 |
| Mar 31, 2025 | 35.02 |
| Dec 13, 2024 | 56.79 |
| Sep 30, 2024 | 109.09 |
| Jun 30, 2024 | 23.56 |
| Mar 31, 2024 | 40.38 |
| Dec 31, 2023 | 104.57 |
API Access
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_KEYimport 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();