Electrovaya Inc. (ELVA) carries a Roarable Rating of D+ (Sell) with 58/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
FRED Regime × Technicals: 18% of 52W Range • RSI-14 at 41.6 (NEUTRAL RANGE)
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9
Disciplined Float (-0.40% YoY Shares) & executive Form 4 sales trim 11 pts from alignment
Even with a 58/100 (D+) score, ELVA faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.
Company executives have done more routine share selling than personal cash buying lately.
Dilution & Margin Drag: Disciplined Float (-0.40% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.
Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($6.14) or 200D SMA ($8.43) invalidates the momentum regime and cuts Target Base ($5.63) toward Bear Floor ($4.39).
Electrovaya Inc. (ELVA) dropped -2.09% to $5.63, trading at 18% of its 52-week range ($4.1 – $12.78). Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.
Conestoga Capital Advisors, an asset management company, released its third-quarter 2026 investor letter. The letter can be downloaded here. Conestoga Capital Advisors released its third-quarter 2026 investor letter, out
Electrovaya stock jumped on a Janus Electric order, but funding risks and U.S. delays cloud outlook. Read here for a detailed analysis of ELVA.
Conestoga Micro Cap Composite reports 3Q26 performance highlights and portfolio adjustments. Review the latest leadership and laggard insights here.
Electrovaya Inc. (ELVA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Electrovaya has also agreed to invest approximately $1.2 million shares, together with up to 6.
Oil surging to $114 a barrel has thrown fresh spotlight on higher costs, tighter margins, and the need for companies that can still grow briskly despite rising input prices. That is where a curated group of high growth C
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on ELVA today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for ELVA. Explore sector supply chains on /butterfly.
Across 485 tracked Industrials securities in the Roarable RQD universe, Electrovaya Inc. (ELVA) ranks #203 by composite RQD confidence (58/100, grade D+) and #327 by equity capitalization ($281.5M). Within this direct 5-issuer industry benchmark cohort, ELVA leads on earnings valuation at N/A trailing P/E, while HLP leads on capital efficiency and profitability with 3.4% ROIC and 32.5% gross margin. HLP currently holds the highest overall quantitative score in the immediate peer group at 61/100 (C-) compared with ELVA at 58/100 (D+).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| ELVA
ACTIVE
Electrovaya Inc. | D+ | 58/100 | — | — | — | -2.09% | $281.5M | Benchmark Subject |
| AZ A2Z Cust2Mate Solutions Corp. | D+ | 52/100 | — | — | — | +0.81% | $278.6M | /az-vs-elva → |
| ULBI Ultralife Corporation | D+ | 53/100 | — | 24.1% | -2.8% | +0.06% | $260.3M | /ulbi-vs-elva → |
| HLP Hongli Group Inc. (Class A) | C- | 61/100 | — | 32.5% | 3.4% | 0.00% | $313.2M | /hlp-vs-elva → |
| CHPT ChargePoint Holdings Inc. | E | 29/100 | — | 30.5% | -35.0% | +0.54% | $248.9M | /chpt-vs-elva → |
Electrovaya Inc. (ELVA) operates in Industrial Machinery/Components (Industrials) with an equity capitalization of $281.5M, trailing P/E of N/A, forward P/E of N/A, and EV/EBITDA of N/A. Operating profitability registers a gross margin of —, operating margin of —, net profit margin of —, ROIC of —, and free cash flow yield of —, alongside an Altman Z-Score of N/A and Piotroski F-Score of N/A.
As of 2026-11-01, Electrovaya Inc. (NASDAQ: ELVA) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 58/100 at a spot price of $5.63 (-2.09% 1D, market cap $281.5M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 15/20, and SEC Balance-Sheet Forensics 9/20. Across 485 tracked Industrials issuers, ELVA ranks #203 in composite RQD confidence.
Within the Industrials sector (Industrial Machinery/Components), ELVA carries a Roarable D+ (58/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, AZ (A2Z Cust2Mate Solutions Corp.) holds a D+ grade (52/100 RQD, P/E N/A, ROIC —, cap $278.6M) and ULBI (Ultralife Corporation) posts a D+ grade (53/100 RQD, P/E N/A, ROIC -2.8%, cap $260.3M). Among the 5-stock peer group, ELVA leads on earnings multiple (N/A) while HLP leads on capital efficiency (3.4% ROIC).
For Electrovaya Inc. (ELVA), key quantitative strengths include Established market leader in Industrials with deep daily trading liquidity. and sector rank #203 in Industrials, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and implied 5-year growth hurdle of 8.0%/yr. Institutional options positioning shows a 50% call / 50% put premium split.
ELVA last traded at $5.63 (-2.09% on volume of 469,503 shares), positioning the stock -8.31% below its 50-day simple moving average ($6.14) and -33.21% below its 200-day simple moving average ($8.43). Across its 52-week range of $4.10 to $12.78, ELVA sits at the 17.6% percentile with a 14-day RSI of 41.6 (NEUTRAL RANGE) and an implied next-earnings move of ±11.9% ($4.96 to $6.30).
Why ELVA Stock dropped -2.09% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.