Electrovaya Inc.

EFL-T

TSE:EFL

0.94
0.02 (2.17%)
Electrovaya Inc. is a developer and manufacturer of portable Lithium-ion battery power solutions for the automotive, power grid, medical and mobile device sectors. The company is based in Mississauga, Ontario, Canada.
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Analysis and Opinions about EFL-T

Signal
Opinion
Expert
BUY
BUY
October 7, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has been growing revenues well and has paid off a debenture. Revenue growth is expected to pick up and the company should be profitable this year. Trading at around 10x revenue and 41x expected earnings. A good prospect for the battery space. Unlock Premium - Try 5i Free

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Electrovaya Inc. (EFL-T)
October 7, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has been growing revenues well and has paid off a debenture. Revenue growth is expected to pick up and the company should be profitable this year. Trading at around 10x revenue and 41x expected earnings. A good prospect for the battery space. Unlock Premium - Try 5i Free

SPECULATIVE BUY
SPECULATIVE BUY
November 5, 2019

They make batteries for e-cars, a big player there. But it's a very small stock, so be careful. If you buy, make it a small part of your portfolio. Also, carmakers could develop their own next-generation batteries internally, so that's another caveat. It will take a while for e-cars to come to market, not till around 2025 when the big car companies compete with Tesla. Maybe those big carmakers will externally pick EFL as their battery--and that would be huge for EFL. If not, then EFL will languish as a penny stock.

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Electrovaya Inc. (EFL-T)
November 5, 2019

They make batteries for e-cars, a big player there. But it's a very small stock, so be careful. If you buy, make it a small part of your portfolio. Also, carmakers could develop their own next-generation batteries internally, so that's another caveat. It will take a while for e-cars to come to market, not till around 2025 when the big car companies compete with Tesla. Maybe those big carmakers will externally pick EFL as their battery--and that would be huge for EFL. If not, then EFL will languish as a penny stock.

WAIT
WAIT
August 1, 2019
He met the company a month ago. They make lithium batteries. They are focusing on forklift trucks, great for the warehouse system growth. He sees great opportunity. When it breaks above $0.32 per share the market will jump on.
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He met the company a month ago. They make lithium batteries. They are focusing on forklift trucks, great for the warehouse system growth. He sees great opportunity. When it breaks above $0.32 per share the market will jump on.
PAST TOP PICK
PAST TOP PICK
October 4, 2017

(A Top Pick July/16.) *Short* Up 74.69%. A lithium ion battery company. Made an acquisition in Germany, and the head of the company had to pay $250,000 to OSC over a disclosure that the OSC felt was a bit rosy. His analysis suggests this is worth significantly less then the current share price.

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Electrovaya Inc. (EFL-T)
October 4, 2017

(A Top Pick July/16.) *Short* Up 74.69%. A lithium ion battery company. Made an acquisition in Germany, and the head of the company had to pay $250,000 to OSC over a disclosure that the OSC felt was a bit rosy. His analysis suggests this is worth significantly less then the current share price.

DON'T BUY
DON'T BUY
July 13, 2017

There was a press release today with regards to a sale or a purchase order. About a year ago he had this as a short pick and it came down considerably. They missed the target considerably. He feels he is missing something on this stock.

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There was a press release today with regards to a sale or a purchase order. About a year ago he had this as a short pick and it came down considerably. They missed the target considerably. He feels he is missing something on this stock.

DON'T BUY
DON'T BUY
February 22, 2017

Last summer the company was talking about sales execution of $350 million from 2016 to 2018. He questioned that. They were about a third of the way through their fiscal year and were predicting executed sales of $180 million. First-quarter results came in with only $1.1 million. In November, the OSC put the company under a disclosure review, and so they had to put out a press release rewording the press releases. Also, had to amend their annual information form. Expects there may be a further delay in the roll-out of their mass production. He calculates they are sitting on 4 years’ worth of inventory from their German plant that they acquired. Thinks they are going to have to do an equity issue and there is going to be dissolution of some existing shareholders. There are better places to put your money.

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Electrovaya Inc. (EFL-T)
February 22, 2017

Last summer the company was talking about sales execution of $350 million from 2016 to 2018. He questioned that. They were about a third of the way through their fiscal year and were predicting executed sales of $180 million. First-quarter results came in with only $1.1 million. In November, the OSC put the company under a disclosure review, and so they had to put out a press release rewording the press releases. Also, had to amend their annual information form. Expects there may be a further delay in the roll-out of their mass production. He calculates they are sitting on 4 years’ worth of inventory from their German plant that they acquired. Thinks they are going to have to do an equity issue and there is going to be dissolution of some existing shareholders. There are better places to put your money.

DON'T BUY
DON'T BUY
October 3, 2016

It has gone up quite dramatically because of announcements. We need to see the money. You have to be skeptical with a small cap stock doing this. It is quite interesting in the battery space.

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Electrovaya Inc. (EFL-T)
October 3, 2016

It has gone up quite dramatically because of announcements. We need to see the money. You have to be skeptical with a small cap stock doing this. It is quite interesting in the battery space.

COMMENT
COMMENT
August 12, 2016

He still has a Short position on this, and his conviction is even stronger. There was a conference call today, which didn’t have a good set of results. Management has really talked the big game on this, and there are huge expectations. They talked about “sales execution” and the announced value of this was $356 million US. He is very dubious about many aspects of this company and its story. There are very few shares that are available to be lent out, so if the CEO and the major shareholders really have so much confidence in the stock, why don’t they lend out their stock?

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Electrovaya Inc. (EFL-T)
August 12, 2016

He still has a Short position on this, and his conviction is even stronger. There was a conference call today, which didn’t have a good set of results. Management has really talked the big game on this, and there are huge expectations. They talked about “sales execution” and the announced value of this was $356 million US. He is very dubious about many aspects of this company and its story. There are very few shares that are available to be lent out, so if the CEO and the major shareholders really have so much confidence in the stock, why don’t they lend out their stock?

COMMENT
COMMENT
August 9, 2016

(Market Call Minute.) This is playing the lithium theme, and they have won a bunch of contracts. It is too soon to tell on this one.

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(Market Call Minute.) This is playing the lithium theme, and they have won a bunch of contracts. It is too soon to tell on this one.

DON'T BUY
DON'T BUY
August 3, 2016

(Market Call Minute.) A company with a giant market cap with revenues not quite there, with lots of memoranda of understandings, but not that many contracts. Very interesting, but way too expensive.

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(Market Call Minute.) A company with a giant market cap with revenues not quite there, with lots of memoranda of understandings, but not that many contracts. Very interesting, but way too expensive.

TOP PICK
TOP PICK
July 6, 2016

*SHORT* Up 400% year to date. He hasn’t had this much conviction in a Short idea since Valeant (VRX-T) last year. First this is a sexy sector, lithium ion batteries. Then you spice it up even more by a few references to Tesla Motors, or Elon Musk. Mix in the leading edge technology that the previous owners paid you to take off their hands, and finally throw in some huge potential sales agreements, memorandum of understanding or Letter of Intents, with a prospect of more to come. A 20-year chart shows a series of very sharp peaks and valleys. The current CFO has been leading the firm since its IPO (2001?). Management has a history of overpromising and underdelivering. Thinks there will be a financing coming, and thinks it will be through an equity issue.

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*SHORT* Up 400% year to date. He hasn’t had this much conviction in a Short idea since Valeant (VRX-T) last year. First this is a sexy sector, lithium ion batteries. Then you spice it up even more by a few references to Tesla Motors, or Elon Musk. Mix in the leading edge technology that the previous owners paid you to take off their hands, and finally throw in some huge potential sales agreements, memorandum of understanding or Letter of Intents, with a prospect of more to come. A 20-year chart shows a series of very sharp peaks and valleys. The current CFO has been leading the firm since its IPO (2001?). Management has a history of overpromising and underdelivering. Thinks there will be a financing coming, and thinks it will be through an equity issue.

COMMENT
COMMENT
July 5, 2016

This has always been at the forefront of the lithium ion battery, and continues to do so. Tesla is not the only game in town, and this company provides an alternative competitive product which should find a home in the auto sector and other places where ion batteries are.

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This has always been at the forefront of the lithium ion battery, and continues to do so. Tesla is not the only game in town, and this company provides an alternative competitive product which should find a home in the auto sector and other places where ion batteries are.

COMMENT
COMMENT
August 29, 2014

Lithium batteries. Stock has pulled back significantly since mid June. Management still thinks opportunities are still pretty good for cars, but are really excited about the opportunity for backup power and smoothing the power grid, particularly in the UK. If that unfolds as expected, this would be a very interesting opportunity. The problem is that there is no one really following this company from an earnings viewpoint, so it is difficult to get a feel for it. If they are successful beyond cars, this offers a good opportunity.

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Electrovaya Inc. (EFL-T)
August 29, 2014

Lithium batteries. Stock has pulled back significantly since mid June. Management still thinks opportunities are still pretty good for cars, but are really excited about the opportunity for backup power and smoothing the power grid, particularly in the UK. If that unfolds as expected, this would be a very interesting opportunity. The problem is that there is no one really following this company from an earnings viewpoint, so it is difficult to get a feel for it. If they are successful beyond cars, this offers a good opportunity.

DON'T BUY
DON'T BUY
May 7, 2012
Doesn't see any sign that it is going to be profitable. Have about $10 million in revenues and in order to get $5 million profit, it would have to be about a 50% profit margin, which he doesn't see happening. He could see it even drifting lower in the coming year.
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Doesn't see any sign that it is going to be profitable. Have about $10 million in revenues and in order to get $5 million profit, it would have to be about a 50% profit margin, which he doesn't see happening. He could see it even drifting lower in the coming year.
DON'T BUY
DON'T BUY
December 12, 2011
One of his biggest shorts this year. A lot of promoters got into this thing and promoted the heck out of it. Not a lot more downside.
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Electrovaya Inc. (EFL-T)
December 12, 2011
One of his biggest shorts this year. A lot of promoters got into this thing and promoted the heck out of it. Not a lot more downside.
Showing 1 to 15 of 28 entries

Electrovaya Inc.(EFL-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Electrovaya Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Electrovaya Inc.(EFL-T) Frequently Asked Questions

What is Electrovaya Inc. stock symbol?

Electrovaya Inc. is a Canadian stock, trading under the symbol EFL-T on the Toronto Stock Exchange (EFL-CT). It is usually referred to as TSX:EFL or EFL-T

Is Electrovaya Inc. a buy or a sell?

In the last year, 2 stock analysts published opinions about EFL-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Electrovaya Inc..

Is Electrovaya Inc. a good investment or a top pick?

Electrovaya Inc. was recommended as a Top Pick by Stockchase Insights on 2020-10-07. Read the latest stock experts ratings for Electrovaya Inc..

Why is Electrovaya Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Electrovaya Inc. worth watching?

2 stock analysts on Stockchase covered Electrovaya Inc. In the last year. It is a trending stock that is worth watching.

What is Electrovaya Inc. stock price?

On 2020-10-21, Electrovaya Inc. (EFL-T) stock closed at a price of $0.94.