EFL : Electrovaya Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Electrovaya Inc trades with the ticker EFL on the TSX and is in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.

Overview
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
 

Looking to invest in Electrovaya Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

EFL.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $159.916MM

PE Ratio:

Price: 31.36 (Updated: 3/12/2024 0:47:16)



Electrovaya Inc (EFL) vs Competitors in Machinery, Tools, Heavy Vehicles, Trains & Ships

Lets see how EFL.TO stacks up against others in the Machinery, Tools, Heavy Vehicles, Trains & Ships asset management industry. We have identified its main peers as:

ATS Automation Tooling Systems Inc

.

Machinery, Tools, Heavy Vehicles, Trains & Ships Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
ATS Automation Tooling Systems Inc (ATA) $4,008.33 29.322 15.564 0.0%
Electrovaya Inc (EFL) $159.916 N/A -64.154 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Machinery, Tools, Heavy Vehicles, Trains & Ships

  • Electrovaya Inc (EFL) vs ATS Automation Tooling Systems Inc (ATA)
    • ATA has higher EPS (1.49 vs -0.03). ATA has higher dividend yield (0.0% vs 0.0%). EFL has a P/E under 0, indicating ATA (P/E 29.322) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy EFL stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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