Evi Industries Stock Gross Profit
| EVI Stock | USD 20.52 0.95 4.42% |
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.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 119.2 M | 125.2 M | |
| Gross Profit Margin | 0.34 | 0.33 |
EVI | Gross Profit |
EVI Industries Company Gross Profit Analysis
EVI Industries' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current EVI Industries Gross Profit | 103.68 M |
Most of EVI Industries' fundamental indicators, such as Gross Profit, 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.
EVI Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for EVI Industries is extremely important. It helps to project a fair market value of EVI Stock properly, considering its historical fundamentals such as Gross Profit. Since EVI Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EVI Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EVI Industries' interrelated accounts and indicators.
Click cells to compare fundamentals
EVI Gross Profit Historical Pattern
Today, most investors in EVI Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EVI Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EVI Industries gross profit as a starting point in their analysis.
EVI Industries Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, EVI Industries reported 103.68 M of gross profit. This is 97.44% lower than that of the Trading Companies & Distributors sector and 90.02% lower than that of the Industrials industry. The gross profit for all United States stocks is 99.62% higher than that of the company.
EVI Gross Profit 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 Gross Profit 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 gross profit 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 | 309.62 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 | 272.12 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.
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
| 0.65 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.61 | FAST | Fastenal Financial Report 11th of July 2024 | PairCorr |
| 0.65 | 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
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.