Electrovaya (ELVA) Return on Capital Employed [ROCE] (2023 - 2026)
Electrovaya's Return on Capital Employed [ROCE] came in at 6.57% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 2.38 percentage points from 8.95% a year earlier and down 1.80 percentage points from the prior quarter.
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Analysis
Electrovaya (ELVA) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Electrovaya's Return on Capital Employed [ROCE] was 13.31%, up 5.61 percentage points from FY2024.
- Going back by fiscal year, Return on Capital Employed [ROCE] was 7.70% in FY2024 (-36.20 pp) and 43.90% in FY2023.
- The fiscal Q3 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2023.
- Business Quant data shows ELVA's Return on Capital Employed [ROCE] at 8.37% (Q2 2026), 9.92% (Q1 2026) and 13.23% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.07% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 9.38% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 23.08% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 11.64% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.68% |
| 10 | Electrovaya | 279.18 Mn | 216.69 Mn | 6.19 Mn | 6.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.57% |
| Mar 31, 2026 | 8.37% |
| Dec 31, 2025 | 9.92% |
| Sep 30, 2025 | 13.23% |
| Jun 30, 2025 | 8.95% |
| Sep 30, 2023 | -7.48% |
API Access
Electrovaya Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();