Electrovaya (ELVA) EV to EBITDA (2023 - 2026)
Electrovaya's (ELVA) EV to EBITDA stood at 64.21 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 270.9% from 17.31 a year earlier and up 61.0% from the prior quarter.
Electrovaya (ELVA) EV to EBITDA (2023 - 2026) Analysis & Trends
On a TTM basis, Electrovaya's EV to EBITDA came in at 56.81 as of Jun 30, 2026, up 232.8% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 34.55, down 15.0% from FY2024.
- Across earlier fiscal years, EV to EBITDA came in at 40.64 in FY2024 (-9.5%) and 44.89 in FY2023.
- The fiscal Q3 2026 figure is the highest quarterly EV to EBITDA since fiscal Q1 2024.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with growth averaging 73.3% over the last six quarters.
- Per Business Quant, the preceding three fiscal quarters came in at 39.89 (Q2 2026), 35.83 (Q1 2026) and 24.88 (Q4 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.21 |
| Mar 31, 2026 | 39.89 |
| Dec 31, 2025 | 35.83 |
| Sep 30, 2025 | 24.88 |
| Jun 30, 2025 | 17.31 |
| Mar 31, 2025 | 14.81 |
| Dec 13, 2024 | 19.21 |
| Sep 30, 2024 | 40.79 |
| Jun 30, 2024 | 17.04 |
| Mar 31, 2024 | 29.46 |
| Dec 31, 2023 | 68.12 |
Electrovaya EV to EBITDA 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-ebitda&ticker=ELVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();