Evi Industries Stock Fundamentals
| EVI Stock | USD 21.44 1.42 7.09% |
EVI Industries fundamentals help investors to digest information that contributes to EVI Industries' financial success or failures. It also enables traders to predict the movement of EVI Stock. The fundamental analysis module provides a way to measure EVI Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EVI Industries stock.
As of now, EVI Industries' Gross Profit is increasing as compared to previous years. The EVI Industries' current Other Operating Expenses is estimated to increase to about 407.7 M, while Total Other Income Expense Net is forecasted to increase to (2.7 M). EVI | Select Account or Indicator |
EVI Industries Company Operating Margin Analysis
EVI Industries' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current EVI Industries Operating Margin | 0.03 % |
Most of EVI Industries' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EVI Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
EVI Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, EVI Industries has an Operating Margin of 0.0323%. This is 99.4% lower than that of the Trading Companies & Distributors sector and 99.57% lower than that of the Industrials industry. The operating margin for all United States stocks is 100.59% lower than that of the firm.
EVI Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EVI Industries's current stock value. Our valuation model uses many indicators to compare EVI Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EVI Industries competition to find correlations between indicators driving EVI Industries's intrinsic value. More Info.EVI Industries is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for EVI Industries is roughly 1.58 . As of now, EVI Industries' Return On Equity is decreasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value EVI Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EVI Industries' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EVI Industries' earnings, one of the primary drivers of an investment's value.EVI Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EVI Industries' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EVI Industries could also be used in its relative valuation, which is a method of valuing EVI Industries by comparing valuation metrics of similar companies.EVI Industries is currently under evaluation in operating margin category among related companies.
EVI Fundamentals
| Return On Equity | 0.0567 | ||||
| Return On Asset | 0.0358 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 309.24 M | ||||
| Shares Outstanding | 12.67 M | ||||
| Shares Owned By Insiders | 59.60 % | ||||
| Shares Owned By Institutions | 41.05 % | ||||
| Number Of Shares Shorted | 186.96 K | ||||
| Price To Earning | 312.50 X | ||||
| Price To Book | 2.12 X | ||||
| Price To Sales | 0.76 X | ||||
| Revenue | 354.17 M | ||||
| Gross Profit | 103.68 M | ||||
| EBITDA | 22.53 M | ||||
| Net Income | 9.72 M | ||||
| Cash And Equivalents | 5.92 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 44.45 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.41 X | ||||
| Book Value Per Share | 10.38 X | ||||
| Cash Flow From Operations | 940 K | ||||
| Short Ratio | 10.35 X | ||||
| Earnings Per Share | 0.49 X | ||||
| Number Of Employees | 705 | ||||
| Beta | 0.34 | ||||
| Market Capitalization | 271.74 M | ||||
| Total Asset | 253.85 M | ||||
| Retained Earnings | 32.61 M | ||||
| Working Capital | 49.05 M | ||||
| Current Asset | 6.72 M | ||||
| Current Liabilities | 1.78 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 253.85 M |
About EVI Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EVI Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EVI Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EVI Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 27.6 M | 28.9 M | |
| Total Revenue | 407.3 M | 427.7 M | |
| Cost Of Revenue | 288.1 M | 302.5 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.22 | 0.17 | |
| Research And Ddevelopement To Revenue | 0.0001 | 0.0001 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 25.39 | 26.66 | |
| Ebit Per Revenue | 0.04 | 0.03 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EVI Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EVI Industries' short interest history, or implied volatility extrapolated from EVI Industries options trading.
Pair Trading with EVI Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EVI Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EVI Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with EVI Stock
| 0.69 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.64 | AIT | Applied Industrial Financial Report 8th of August 2024 | PairCorr |
The ability to find closely correlated positions to EVI Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVI Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EVI Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EVI Industries to buy it.
The correlation of EVI Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EVI Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVI Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EVI Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out EVI Industries Piotroski F Score and EVI Industries Altman Z Score analysis. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for EVI Stock analysis
When running EVI Industries' price analysis, check to measure EVI Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
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Is EVI Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EVI Industries. If investors know EVI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EVI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Earnings Share 0.49 | Revenue Per Share 29.191 | Quarterly Revenue Growth 0.106 | Return On Assets 0.0358 |
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.