EVI Industries, Inc. (EVI) 株式分析

企業概要

EVI Industries, Inc. is an industrial distribution firm that specializes in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment, offering solutions for washing, drying, finishing, and material handling. The company operates within the Industrials sector, specifically in the Industrial Distribution industry, which signifies its role as a critical supplier of specialized machinery to commercial sectors rather than a manufacturer of consumer goods. EVI Industries holds a market capitalization of $326.17M, generates annual revenue of $427.06M, and employs a workforce of 850 individuals. These valuation and revenue figures indicate that EVI operates as a mid-cap entity with significant operational scale, positioning it as an established player in a niche market where consistent demand for commercial laundry infrastructure exists.

財務健全性

The company reported a revenue of $427.06M over the trailing twelve months, resulting in a net income of $6.27M and an EBITDA of $22.05M, revealing a substantial gap between gross revenue and bottom-line profit that highlights a cost structure where operating expenses consume a significant portion of earnings. The free cash flow stands at -$1.90M, indicating that the company is currently burning cash, which suggests limited immediate financial flexibility for internal reinvestment or debt repayment without external capital raises. Profitability metrics show a gross margin of 30.8%, an operating margin of 3.7%, and a profit margin of 1.7%, illustrating that while the cost of goods sold is managed relatively well, high operating expenses severely compress the final profit margin. In terms of leverage, the company holds $4.25M in cash against $71.22M in total debt, resulting in a debt-to-equity ratio of 49.47, which characterizes the balance sheet as highly leveraged rather than conservative. Liquidity is assessed by the current ratio of 1.58, suggesting the firm possesses sufficient short-term assets to cover its current liabilities, though the margin is not excessively high. Return on equity is 5.2% and return on assets is 3.2%, metrics that indicate management effectiveness in generating returns is moderate given the high level of debt on the balance sheet.

バリュエーション評価

Valuation multiples for EVI show a trailing P/E ratio of 49.20 and a forward P/E of 24.33, implying that the market expects a significant expansion in earnings trajectory to justify the current high multiple relative to future performance. The price-to-book ratio is 2.02, indicating that the stock trades at a premium over its book value, which may reflect market confidence in future growth or specific intangible assets not captured on the balance sheet. Alternative valuation metrics include a price-to-sales ratio of 0.76 and an EV/EBITDA of 16.24, suggesting the company is priced based on revenue generation and earnings power at levels comparable to other industrial distributors but requiring careful scrutiny of cash conversion. The stock price has fluctuated between a 52-week low of $14.99 and a 52-week high of $34.82, and without the specific current share price provided in the facts, the exact percentage distance from these highs and lows cannot be calculated, though the range demonstrates significant volatility over the past year. The beta value is 0.10, which indicates that the stock exhibits very low price volatility relative to the broader market, behaving more like a defensive asset than a typical industrial stock.

Growth & Income

EVI Industries demonstrated robust growth with revenue increasing by 24.4% year-over-year and earnings surging by 114.3% year-over-year, indicating that earnings are growing significantly faster than revenue, which often implies improving operational leverage or cost efficiencies in a growing top line. As a non-dividend payer, the company does not distribute dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning that all generated earnings are retained within the business to fund operations, pay down the substantial debt load, or invest in new equipment inventory. The absence of a dividend payout ratio suggests the company prioritizes capital allocation toward growth initiatives or deleveraging rather than returning cash to shareholders in the form of income distributions. Overall, the company presents a growth-oriented profile characterized by double-digit revenue expansion and explosive earnings growth, albeit within a highly leveraged financial structure that requires careful monitoring of cash flow generation to sustain operations.