EVI Industries Inc.
Find Ratings ReportsEVI INDUSTRIES INC's gross profit margin for the second quarter of its fiscal year 2024 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. EVI INDUSTRIES INC has weak liquidity. Currently, the Quick Ratio is 0.74 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 5.49% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q2 FY24 | Q2 FY23 |
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Net Sales ($mil) | 91.36 | 82.64 |
EBITDA ($mil) | 4.41 | 5.14 |
EBIT ($mil) | 2.95 | 3.68 |
Net Income ($mil) | 1.34 | 2.22 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 4.26 | 4.38 |
Total Assets ($mil) | 247.02 | 246.73 |
Total Debt ($mil) | 41.77 | 44.35 |
Equity ($mil) | 131.58 | 124.73 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | 28.9 | 30.02 |
EBITDA Margin | 4.82 | 6.22 |
Operating Margin | 3.23 | 4.45 |
Sales Turnover | 1.49 | 1.25 |
Return on Assets | 2.94 | 2.68 |
Return on Equity | 5.53 | 5.31 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 1.62 | 1.61 |
Debt/Capital | 0.24 | 0.26 |
Interest Expense | 0.82 | 0.63 |
Interest Coverage | 3.59 | 5.88 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 12.67 | 12.57 |
Div / share | 0.28 | 0.0 |
EPS | 0.09 | 0.15 |
Book value / share | 10.38 | 9.93 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 19323.0 | 19916.0 |
HOLD. EVI INDUSTRIES INC's P/E ratio indicates a significant premium compared to an average of 24.06 for the Merchant Wholesalers, Durable Goods subsector and a significant premium compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 2.20 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 6.83. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount.
Price/Earnings |
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Price/Cash Flow |
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EVI 45.68 | Peers 24.06 | EVI 17.31 | Peers 17.73 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. EVI is trading at a significant premium to its peers. |
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. EVI is trading at a valuation on par to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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EVI NA | Peers 24.12 | EVI NA | Peers 3.31 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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EVI 2.20 | Peers 6.83 | EVI 8.69 | Peers -19.81 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. EVI is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. EVI is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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EVI 0.79 | Peers 1.87 | EVI 18.97 | Peers -0.87 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. EVI is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. EVI has a sales growth rate that significantly exceeds its peers. |
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