Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$18.41, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Trade Distributors industry in the US. Negligible returns to shareholders over past three years. Price Target Changed • May 14
Price target decreased by 8.6% to US$32.00 Down from US$35.00, the current price target is provided by 1 analyst. New target price is 86% above last closing price of US$17.17. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of US$0.53 for next year compared to US$0.50 last year. New Risk • May 13
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 12
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: US$0.05 (down from US$0.07 in 3Q 2025). Revenue: US$101.1m (up 8.1% from 3Q 2025). Net income: US$753.0k (down 16% from 3Q 2025). Profit margin: 0.7% (down from 1.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. Buy Or Sell Opportunity • May 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$19.26. The fair value is estimated to be US$24.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 8.0%. Revenue is forecast to grow by 6.4% in a year. Earnings are forecast to grow by 70% in the next year. Buy Or Sell Opportunity • Apr 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to US$19.99. The fair value is estimated to be US$25.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 8.0%. Revenue is forecast to grow by 6.4% in a year. Earnings are forecast to grow by 70% in the next year. Buy Or Sell Opportunity • Mar 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to US$20.01. The fair value is estimated to be US$25.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 8.0%. Revenue is forecast to grow by 6.4% in a year. Earnings are forecast to grow by 70% in the next year. Announcement • Mar 03
EVI Industries, Inc. (NYSEAM:EVI) acquired Belenky, Inc. from Robert Minster. EVI Industries, Inc. (NYSEAM:EVI) acquired Belenky, Inc. from Robert Minster on March 2, 2026.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Belenky, Inc. from Robert Minster on March 2, 2026. Buy Or Sell Opportunity • Feb 19
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.5% to US$18.63. The fair value is estimated to be US$25.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 8.0%. Revenue is forecast to grow by 6.4% in a year. Earnings are forecast to grow by 70% in the next year. Reported Earnings • Feb 10
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: US$0.16 (up from US$0.076 in 2Q 2025). Revenue: US$115.3m (up 24% from 2Q 2025). Net income: US$2.02m (up 108% from 2Q 2025). Profit margin: 1.7% (up from 1.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Nov 21
EVI Industries, Inc., Annual General Meeting, Dec 15, 2025 EVI Industries, Inc., Annual General Meeting, Dec 15, 2025. Location: meetnow.global/msdrhxq, United States Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$22.03, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 20x in the Trade Distributors industry in the US. Total returns to shareholders of 21% over the past three years. Reported Earnings • Nov 12
First quarter 2026 earnings: EPS misses analyst expectations First quarter 2026 results: EPS: US$0.14 (down from US$0.22 in 1Q 2025). Revenue: US$108.3m (up 16% from 1Q 2025). Net income: US$1.85m (down 33% from 1Q 2025). Profit margin: 1.7% (down from 3.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$34.36, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 19x in the Trade Distributors industry in the US. Total returns to shareholders of 129% over the past three years. Upcoming Dividend • Sep 18
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 25 September 2025. Payment date: 06 October 2025. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.4%). Reported Earnings • Sep 12
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: US$0.51 (up from US$0.39 in FY 2024). Revenue: US$389.8m (up 10% from FY 2024). Net income: US$6.43m (up 30% from FY 2024). Profit margin: 1.6% (up from 1.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 12
EVI Industries, Inc. Declares Special Cash Dividend, Payable on October 6, 2025 On September 11, 2025, the Board of Directors of EVI Industries, Inc. declared a special cash dividend on the Company’s common stock of $0.33per share. The special cash dividend is payable on October 6, 2025, to shareholders of record as of September 25, 2025. The aggregate amount of the dividend will be approximately $4.9 million. This special cash distribution reflects the Company’s strong fiscal 2025 results and its disciplined capital structure, allowing the Company to deliver value directly to its shareholders. Buy Or Sell Opportunity • Aug 13
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to US$24.45. The fair value is estimated to be US$19.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in a year. Earnings are forecast to grow by 21% in the next year. Announcement • Aug 05
EVI Industries, Inc. (NYSEAM:EVI) acquired ASN Laundry Group, Inc. EVI Industries, Inc. (NYSEAM:EVI) acquired ASN Laundry Group, Inc. on August 4, 2025.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of ASN Laundry Group, Inc. on August 4, 2025. Buy Or Sell Opportunity • Jul 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 45% to US$24.96. The fair value is estimated to be US$20.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in a year. Earnings are forecast to grow by 21% in the next year. Buy Or Sell Opportunity • Jul 08
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to US$25.81. The fair value is estimated to be US$20.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in a year. Earnings are forecast to grow by 21% in the next year. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$22.89, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 17x in the Trade Distributors industry in the US. Total returns to shareholders of 117% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$18.54, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 20x in the Trade Distributors industry in the US. Total returns to shareholders of 87% over the past three years. Reported Earnings • May 13
Third quarter 2025 earnings released: EPS: US$0.07 (vs US$0.066 in 3Q 2024) Third quarter 2025 results: EPS: US$0.07 (up from US$0.066 in 3Q 2024). Revenue: US$93.5m (up 11% from 3Q 2024). Net income: US$1.04m (up 25% from 3Q 2024). Profit margin: 1.1% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Apr 03
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Continental Girbau, Inc. from Girbau, SA. EVI Industries, Inc. (NYSEAM:EVI) entered into an definitive agreement to acquire Continental Girbau, Inc. from Girbau, SA for approximately $43 million on February 28, 2025. EVI will pay consideration of approximately $43 million in cash, subject to customary purchase price adjustments, which will be funded through EVI’s revolving credit facility. Simultaneously with the execution of the definitive agreement, EVI entered into a Commitment Letter with Bank of America, the in the Company’s existing Credit Agreement, and with Wells Fargo, primarily to amend the Credit Agreement to increase the amount of the revolving commitments by $50 million and to increase accordion feature, which may increase the revolving credit facility, by $10 million for a total of $200 million. It is contemplated that the amendment to the Credit Agreement will also include a new five-year term on financial terms consistent with the current terms commencing concurrent with the closing of the acquisition of GNA GNA will continue to be led by Mike Floyd and include every member of GNA’s team of laundry professionals. GNA will operate under its current name and from its present locations to continue to support its distributor customers and serve its business partners as it has historically. For the period ending December 31, 2024, Continental Girbau, Inc. reported total revenue of $75 million. The transaction is expected to be immediately accretive to EVI’s earnings.
Troutman Pepper Locke LLP acted as a legal advisor to EVI Industries, Inc. Manuel Echenique, Luis Acuña, Isabel Aguilar and Ingrid Pi of Uría Menéndez Abogados, S.L.P. acted as a legal advisor to Girbau.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Continental Girbau, Inc. from Girbau, SA on April 2, 2025. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$20.75, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 19x in the Trade Distributors industry in the US. Total returns to shareholders of 6.8% over the past three years. Announcement • Mar 04
EVI Industries, Inc. (NYSEAM:EVI) entered into an definitive agreement to acquire Continental Girbau, Inc. from Girbau, SA for approximately $43 million. EVI Industries, Inc. (NYSEAM:EVI) entered into an definitive agreement to acquire Continental Girbau, Inc. from Girbau, SA for approximately $43 million on March 3, 2025. EVI will pay consideration of approximately $43 million in cash, subject to customary purchase price adjustments, which will be funded through EVI’s revolving credit facility. Simultaneously with the execution of the definitive agreement, EVI entered into a Commitment Letter with Bank of America, the in the Company’s existing Credit Agreement, and with Wells Fargo, primarily to amend the Credit Agreement to increase the amount of the revolving commitments by $50 million and to increase accordion feature, which may increase the revolving credit facility, by $10 million for a total of $200 million. It is contemplated that the amendment to the Credit Agreement will also include a new five-year term on financial terms consistent with the current terms commencing concurrent with the closing of the acquisition of GNA GNA will continue to be led by Mike Floyd and include every member of GNA’s team of laundry professionals. GNA will operate under its current name and from its present locations to continue to support its distributor customers and serve its business partners as it has historically. For the period ending December 31, 2024, Continental Girbau, Inc. reported total revenue of $75 million. The transaction is expected to be immediately accretive to EVI’s earnings. Reported Earnings • Feb 11
Second quarter 2025 earnings released: EPS: US$0.08 (vs US$0.092 in 2Q 2024) Second quarter 2025 results: EPS: US$0.08 (down from US$0.092 in 2Q 2024). Revenue: US$92.7m (up 1.5% from 2Q 2024). Net income: US$1.13m (down 3.4% from 2Q 2024). Profit margin: 1.2% (down from 1.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year. Announcement • Feb 04
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Haiges Machinery, Inc. EVI Industries, Inc. (NYSEAM:EVI) entered into a definitive agreement to acquire Haiges Machinery, Inc. on January 21, 2025. Under the terms of the transaction, the consideration for the purchase of Haiges Machinery is to be paid in cash. The transaction is expected to close upon the satisfaction of customary closing conditions.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Haiges Machinery, Inc. on February 3, 2025. Announcement • Jan 21
EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire Haiges Machinery, Inc. EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire Haiges Machinery, Inc. on January 21, 2025. Consideration for the purchase of Haiges Machinery is to be paid in cash. The transaction is expected to close upon the satisfaction of customary closing conditions. Announcement • Nov 21
EVI Industries, Inc., Annual General Meeting, Dec 12, 2024 EVI Industries, Inc., Annual General Meeting, Dec 12, 2024. Reported Earnings • Nov 13
First quarter 2025 earnings released: EPS: US$0.26 (vs US$0.09 in 1Q 2024) First quarter 2025 results: EPS: US$0.26 (up from US$0.09 in 1Q 2024). Revenue: US$93.6m (up 6.3% from 1Q 2024). Net income: US$3.23m (up 186% from 1Q 2024). Profit margin: 3.5% (up from 1.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Nov 05
EVI Industries, Inc. (NYSEAM:EVI) acquired O’Dell Equipment and Supply, LLC. EVI Industries, Inc. (NYSEAM:EVI) acquired O’Dell Equipment and Supply, LLC on November 4, 2024. For the twelve months ended June 30, 2024, O’Dell generated revenues of approximately $10.5 million.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of O’Dell Equipment and Supply, LLC on November 4, 2024. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$19.25, the stock trades at a trailing P/E ratio of 49.5x. Average trailing P/E is 14x in the Trade Distributors industry in the US. Total loss to shareholders of 23% over the past three years. Upcoming Dividend • Sep 19
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 07 October 2024. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (1.6%). Reported Earnings • Sep 13
Full year 2024 earnings released: EPS: US$0.45 (vs US$0.68 in FY 2023) Full year 2024 results: EPS: US$0.45 (down from US$0.68 in FY 2023). Revenue: US$353.6m (flat on FY 2023). Net income: US$5.65m (down 34% from FY 2023). Profit margin: 1.6% (down from 2.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year. Announcement • Sep 13
EVI Industries, Inc. Declares Special Cash Dividend, Payable on October 7, 2024 EVI Industries, Inc. announced that its Board of Directors approved a special cash dividend of $0.31 per share on EVI’s common stock, a 10% increase over the amount of the special cash dividend paid by EVI in October 2023. The dividend is payable on October 7, 2024 to stockholders of record at the close of business on September 26, 2024. New Risk • Aug 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$17.03, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 17x in the Trade Distributors industry in the US. Total loss to shareholders of 40% over the past three years. Announcement • Jul 03
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Laundry Pro of Florida, Inc. EVI Industries, Inc. (NYSEAM:EVI) agreed to acquire Laundry Pro of Florida, Inc. on June 17, 2024. A cash consideration will be paid by EVI Industries, Inc. Laundry Pro will operate under its existing name and with its current team to provide continuity to customers, employees, and vendor partners. For the twelve months ended May 31, 2024, Laundry Pro generated revenues of approximately $12 million, which were derived from the sale of equipment, parts, and the performance of installation and maintenance services. The transaction is expected to close upon the satisfaction of customary closing conditions. EVI expects Laundry Pro’s results of operations to be accretive to its fiscal year ended June 30, 2025.EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Laundry Pro of Florida, Inc. on July 2, 2024. Reported Earnings • May 11
Third quarter 2024 earnings released: EPS: US$0.07 (vs US$0.19 in 3Q 2023) Third quarter 2024 results: EPS: US$0.07 (down from US$0.19 in 3Q 2023). Revenue: US$84.0m (down 11% from 3Q 2023). Net income: US$956.0k (down 60% from 3Q 2023). Profit margin: 1.1% (down from 2.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$24.01, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 17x in the Trade Distributors industry in the US. Total loss to shareholders of 25% over the past three years. Reported Earnings • Feb 11
Second quarter 2024 earnings released: EPS: US$0.092 (vs US$0.16 in 2Q 2023) Second quarter 2024 results: EPS: US$0.092 (down from US$0.16 in 2Q 2023). Revenue: US$91.4m (up 11% from 2Q 2023). Net income: US$1.17m (down 40% from 2Q 2023). Profit margin: 1.3% (down from 2.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Feb 10
EVI Industries, Inc. to Report Q2, 2024 Results on Feb 09, 2024 EVI Industries, Inc. announced that they will report Q2, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$19.82, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 15x in the Trade Distributors industry in the US. Total loss to shareholders of 39% over the past three years. Board Change • Dec 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Glen Kruger was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 21
EVI Industries, Inc., Annual General Meeting, Dec 13, 2023 EVI Industries, Inc., Annual General Meeting, Dec 13, 2023, at 11:00 US Eastern Standard Time. Agenda: To elect six directors to the Company’s Board of Directors to serve until the Company’s 2024 Annual Meeting of Stockholders; and to transact such other business as may properly be brought before the Annual Meeting or any adjournment or postponement thereof. Announcement • Oct 06
EVI Industries Regains Compliance with the NYSE American’s Continued Listing Standards On September 29, 2023, EVI Industries, Inc. (the ‘Company’) received notice (the ‘Notice’) from NYSE Regulation that the Company was not in compliance with the timely filing criteria established in the NYSE American Company Guide as a result of the delayed filing of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023 (the ‘Form 10-K’). In accordance with Section 1007 of the NYSE American Company Guide, the Company had an automatic six-month cure period to regain compliance with the NYSE American’s continued listing standards by filing the Form 10-K with the SEC. On October 5, 2023, the Company filed the Form 10-K with the SEC and, accordingly, has regained compliance with the NYSE American’s continued listing standards. Announcement • Oct 05
EVI Industries, Inc. Announces Special Cash Dividend, Payable on October 26, 2023 EVI Industries, Inc. announced that its Board of Directors has declared a special cash dividend on the Company’s common stock of $0.28 per share to be paid on October 26, 2023, to stockholders of record at the close of business on October 16, 2023. Announcement • Sep 15
EVI Industries, Inc. announced delayed annual 10-K filing On 09/14/2023, EVI Industries, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Sep 06
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of ALVF, Inc. EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire ALCO Washer Center on July 31, 2023. Upon closing, ALCO will join EVI’s Northeast Group. Consistent with EVI’s operating philosophy, ALCO will continue to operate under its current name and from its present location, and have the full extent of EVI’s resources with which to execute on various growth opportunities in its region. The transaction is expected to close upon the satisfaction of customary closing conditions.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of ALVF, Inc. on September 5, 2023. Announcement • Aug 01
EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire ALCO Washer Center. EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire ALCO Washer Center on July 31, 2023. Upon closing, ALCO will join EVI’s Northeast Group. Consistent with EVI’s operating philosophy, ALCO will continue to operate under its current name and from its present location, and have the full extent of EVI’s resources with which to execute on various growth opportunities in its region. The transaction is expected to close upon the satisfaction of customary closing conditions. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$26.50, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 15x in the Trade Distributors industry in the US. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$20.28, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 14x in the Trade Distributors industry in the US. Total loss to shareholders of 11% over the past three years. Recent Insider Transactions Derivative • Jun 12
President of Northeast Operation notifies of intention to sell stock Peter Limoncelli intends to sell 32k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of June. If the sale is conducted around the recent share price of US$25.00, it would amount to US$803k. As of today, Peter currently holds no shares directly (This sale likely refers to shares that have not yet been received). There has only been one transaction (US$33k sale) from insiders over the last 12 months. Announcement • Jun 07
EVI Industries, Inc. (NYSEAM:EVI) acquired Express Parts and Services. EVI Industries, Inc. (NYSEAM:EVI) acquired Express Parts and Services on June 5, 2023.EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Express Parts and Services on June 5, 2023. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$21.78, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 12x in the Trade Distributors industry in the US. Total loss to shareholders of 14% over the past three years. Reported Earnings • May 11
Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.003 in 3Q 2022) Third quarter 2023 results: EPS: US$0.19 (up from US$0.003 in 3Q 2022). Revenue: US$94.1m (up 57% from 3Q 2022). Net income: US$2.75m (up US$2.71m from 3Q 2022). Profit margin: 2.9% (up from 0.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: US$0.16 (vs US$0.039 in 2Q 2022) Second quarter 2023 results: EPS: US$0.16 (up from US$0.039 in 2Q 2022). Revenue: US$82.6m (up 36% from 2Q 2022). Net income: US$1.95m (up 310% from 2Q 2022). Profit margin: 2.4% (up from 0.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improved over the past week After last week's 23% share price gain to US$24.06, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 13x in the Trade Distributors industry in the US. Total loss to shareholders of 3.8% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 17% share price gain to US$24.94, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 12x in the Trade Distributors industry in the US. Total loss to shareholders of 6.1% over the past three years. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Glen Kruger was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 17% share price gain to US$22.16, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 12x in the Trade Distributors industry in the US. Total loss to shareholders of 20% over the past three years. Recent Insider Transactions Derivative • Nov 18
President of Northeast Operation notifies of intention to sell stock Peter Limoncelli intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of November. If the sale is conducted around the recent share price of US$17.00, it would amount to US$255k. As of today, Peter currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 09
First quarter 2023 earnings released: EPS: US$0.20 (vs US$0.15 in 1Q 2022) First quarter 2023 results: EPS: US$0.20 (up from US$0.15 in 1Q 2022). Revenue: US$83.4m (up 31% from 1Q 2022). Net income: US$2.85m (up 55% from 1Q 2022). Profit margin: 3.4% (up from 2.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$16.50, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 11x in the Trade Distributors industry in the US. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 17% share price gain to US$17.10, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 11x in the Trade Distributors industry in the US. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improved over the past week After last week's 19% share price gain to US$16.30, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 11x in the Trade Distributors industry in the US. Total loss to shareholders of 49% over the past three years. Reported Earnings • Sep 14
Full year 2022 earnings released: EPS: US$0.30 (vs US$0.63 in FY 2021) Full year 2022 results: EPS: US$0.30 (down from US$0.63 in FY 2021). Revenue: US$267.3m (up 11% from FY 2021). Net income: US$4.10m (down 47% from FY 2021). Profit margin: 1.5% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to US$9.15, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 13x in the Trade Distributors industry in the US. Total loss to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 24% share price decline to US$10.09, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 13x in the Trade Distributors industry in the US. Total loss to shareholders of 72% over the past three years. Reported Earnings • May 11
Third quarter 2022 earnings released: EPS: US$0.002 (vs US$0.046 in 3Q 2021) Third quarter 2022 results: EPS: US$0.002 (down from US$0.046 in 3Q 2021). Revenue: US$60.0m (down 3.8% from 3Q 2021). Net income: US$40.0k (down 93% from 3Q 2021). Profit margin: 0.1% (down from 0.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$21.64, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 17x in the Trade Distributors industry in the US. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 26% share price gain to US$21.49, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 18x in the Trade Distributors industry in the US. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$17.62, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 18x in the Trade Distributors industry in the US. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 11
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: US$0.04 (up from US$0.035 in 2Q 2021). Revenue: US$60.7m (up 6.2% from 2Q 2021). Net income: US$528.0k (up 26% from 2Q 2021). Profit margin: 0.9% (up from 0.7% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$23.26, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 20x in the Trade Distributors industry in the US. Total loss to shareholders of 27% over the past three years. Recent Insider Transactions Derivative • Nov 15
President of Northeast Operation notifies of intention to sell stock Peter Limoncelli intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$31.50, it would amount to US$236k. As of today, Peter currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 11
First quarter 2022 earnings released: EPS US$0.15 (vs US$0.04 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$63.7m (up 10% from 1Q 2021). Net income: US$2.02m (up 324% from 1Q 2021). Profit margin: 3.2% (up from 0.8% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Sep 21
President of Northeast Operation notifies of intention to sell stock Peter Limoncelli intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of September. If the sale is conducted around the recent share price of US$26.00, it would amount to US$325k. As of today, Peter currently holds no shares directly (This sale likely refers to shares that have not yet been received). There has only been one transaction (US$48k sale) from insiders over the last 12 months. Reported Earnings • Sep 15
Full year 2021 earnings released: EPS US$0.63 (vs US$0.06 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$242.0m (up 2.6% from FY 2020). Net income: US$7.65m (up US$6.94m from FY 2020). Profit margin: 3.2% (up from 0.3% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Feb 11
Second quarter 2021 earnings released: EPS US$0.038 (vs US$0.021 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$57.2m (down 14% from 2Q 2020). Net income: US$461.0k (up 88% from 2Q 2020). Profit margin: 0.8% (up from 0.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 29
New 90-day high: US$35.99 The company is up 23% from its price of US$29.21 on 30 October 2020. The American market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 25% over the same period. 