ELVA Stock — Electrovaya Inc.

Electrovaya Inc. (ELVA)

Updated October 16, 2026.

ELVA is a Stock. Total return is 742.2% over the past 22.2 years, 216.5 points behind SPY at 958.7%.

Electrovaya Inc. designs, manufactures, and sells lithium-ion batteries, battery management systems, and related products for energy storage, electric transportation, and specialized applications across North America, including systems for electric buses and trucks, material handling equipment, robotics, and defense applications. The company does not currently have an established distribution schedule. This business appeals primarily to growth-oriented investors interested in the clean energy and electrification sectors rather than those seeking regular income.

ELVA performance versus SPY

Price and return data through 2026-10-16.

Total return is 742.2% over the past 22.2 years, 216.5 points behind SPY at 958.7%. Over the past year its total return — price change plus distributions reinvested — is -25.3%. Its deepest 1-year drawdown was 58.6%.

ELVA key facts

Asset type

Stock

Asset class

Equity

Inception date

08/10/2004

Distribution frequency

None

Last close

$5.07 (as of 2026-10-16)

Market cap

$253,494,408

Average volume

422897.0

Beta

0.763

Payout ratio

0.0%

P/E ratio

50.7

Forward P/E

26.178

EPS

$0.10

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ELVA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 58.6%.

Who may consider ELVA — and who may not

It is a weaker fit for investors who need monthly cash flow (ELVA does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ELVA

• All tickers starting with E

Tagged: Industrials.

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