EVZ Limited (EVZ) AI Stock Analysis

• Market Cap: AU$35.84M
• Dividend Yield: N/A
• Average Volume (3M): 59.89K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.23
• Revenue Growth: -9.21%
• EPS Growth: -42.37%
• Country: AU
• Employees: 400
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.01
• Shares Outstanding: 121,503,040
• 10 Day Avg. Volume: 111,209
• 30 Day Avg. Volume: 59,889
• PEG Ratio: -0.37
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 5.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.02
• Revenue Forecast (FY): AU$114.90M

• Rating: 65 Neutral
• Price Target: AU$0.33 ▲(50.91% Upside)
• Action: Reiterated Date: 02/19/26
• Date: Action: Reiterated 02/19/26

The score is mainly supported by solid cash generation and a low-leverage balance sheet, which reduce financial risk. This is tempered by weakening profitability trends and inconsistent revenue, while technicals show an uptrend but with overbought signals. A relatively high P/E and no stated dividend yield further limit the score.

Positive Factors

Strong cash generation

Material free cash flow growth and a positive operating-cash-to-net-income conversion indicate the business consistently converts earnings into cash. That supports capex, working capital needs and deleveraging, providing durable funding flexibility through cycles over the next several months.

Conservative balance sheet

Low leverage and a healthy equity ratio reduce financial risk and preserve strategic optionality. With limited debt service pressure, management can prioritize reinvestment or smooth payouts, making the capital structure resilient to industry cyclicality over the medium term.

Integrated manufacturing & distribution

Vertical capability across manufacturing and distribution and exposure to multiple end markets (construction, mining, agriculture, industrial) provides diversified revenue channels and the ability to capture margin uplifts from value-added processing, supporting more stable demand capture.

Negative Factors

Declining profitability

A falling net profit margin signals structural pressure on the company's ability to translate sales into sustainable earnings. Persistently lower margins constrain reinvestment capacity and shareholder returns, and heighten sensitivity to input-cost pressure across the steel supply chain.

Inconsistent and declining revenue

An interrupted revenue trajectory with recent year-on-year decline undermines predictability of cash flows and operating leverage. This makes multi‑period planning and margin recovery harder, especially in capital‑intensive manufacturing where utilization drives fixed-cost absorption.

Operational margin & cash variability

Low operating margins limit buffer against cost shocks and reduce incremental profitability from volume. Coupled with fluctuating free cash flow relative to net income, this raises execution risk: earnings volatility may not reliably convert to cash across near-term cycles.

EVZ Limited Business Overview & Revenue Model

Company Description

EVZ Limited operates in the engineering and energy services sectors in Australia and Asia. It operates through Engineering, Energy, and Water segments. The Engineering segment designs, manufactures, and installs silos, cooling towers, pipe spooling, and pressure vessels, as well as large steel tanks for use in the water, petrochemical, and chemical industries; and fabricates structural steel. This segment also engages in the installation and provision of ongoing support and maintenance for its products. The Energy segment designs and installs constant load power stations, base and back-up power generation equipment, communications equipment, marine installations, and sustainable/clean energy solutions, as well as offers mobile generation capabilities. It also engages in the service, maintenance, and hiring of various generators and associated equipment. The Water segment is involved in the design and installation of syphonic roof drainage systems to various buildings, such as airports, shopping centers, and sporting venues; supply and installation of fiberglass panel tanks and prefabricated hydraulic systems. The company also provides design, construction, on-site installation, maintenance, and shutdown of engineering services to the mining, wood chip, petrochemical, aluminum, glass, cement, defense, and agriculture industries. EVZ Limited was incorporated in 1984 and is based in Docklands, Australia.

How the Company Makes Money

EVZ generates revenue primarily through the sale of its proprietary energy management systems and electric vehicle charging solutions. Key revenue streams include direct sales of hardware and software products, subscription services for ongoing software updates and maintenance, and consulting services for businesses looking to implement sustainable energy practices. The company also benefits from strategic partnerships with electric vehicle manufacturers and energy providers, which help to expand its market reach and enhance its product offerings. Additionally, EVZ may receive government grants and incentives related to its contributions to renewable energy advancements and infrastructure development.

EVZ Limited Financial Statement Overview

Summary

Financials are stable overall, supported by strong cash flow management (free cash flow growth and solid operating cash conversion) and a conservative balance sheet with low leverage. Offsetting this, revenue has been inconsistent with a recent decline, and net profit margins have trended down with relatively low EBIT/EBITDA margins, indicating weaker operating efficiency.

Income Statement

EVZ Limited's income statement shows a mixed performance. The company has maintained a positive gross profit margin, indicating effective cost management. However, the net profit margin has declined over the years, reflecting challenges in converting revenue into profit. Revenue growth has been inconsistent, with a recent decline, which could be a concern for future profitability. The EBIT and EBITDA margins are relatively low, suggesting limited operational efficiency.

Balance Sheet

The balance sheet of EVZ Limited is relatively stable. The debt-to-equity ratio is low, indicating a conservative approach to leverage, which reduces financial risk. The return on equity has decreased, reflecting a decline in profitability relative to shareholder equity. The equity ratio is healthy, showing a strong capital structure with a significant portion of assets financed by equity.

Cash Flow

EVZ Limited's cash flow statement indicates strong cash flow management. The company has achieved significant free cash flow growth, demonstrating improved cash generation capabilities. The operating cash flow to net income ratio is positive, indicating efficient conversion of income into cash. However, the free cash flow to net income ratio has fluctuated, suggesting variability in cash flow relative to net income.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	116.91M	107.96M	118.92M	111.20M	67.51M	57.85M
Gross Profit	20.78M	17.62M	17.42M	14.87M	12.42M	10.54M
EBITDA	7.16M	5.13M	4.63M	3.87M	3.15M	5.69M
Net Income	2.52M	1.24M	2.14M	1.45M	894.68K	3.40M
Balance Sheet
Total Assets	72.50M	69.42M	64.39M	59.94M	56.42M	41.77M
Cash, Cash Equivalents and Short-Term Investments	18.75M	10.64M	8.37M	9.27M	8.93M	3.96M
Total Debt	11.56M	6.04M	5.55M	2.73M	2.44M	3.99M
Total Liabilities	35.83M	34.77M	31.51M	29.49M	27.35M	17.33M
Stockholders Equity	36.67M	34.64M	32.88M	30.44M	29.07M	24.45M
Cash Flow
Free Cash Flow	10.11M	3.86M	-332.32K	2.70M	2.96M	1.19M
Operating Cash Flow	11.36M	5.05M	1.82M	4.08M	4.29M	1.95M
Investing Cash Flow	-1.24M	-1.17M	-2.14M	-2.16M	-1.32M	-763.24K
Financing Cash Flow	-2.14M	-1.60M	-576.40K	-1.59M	2.01M	-3.10M

EVZ Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EVZ, the sentiment is Positive. The current price of 0.22 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.25, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 63.52 is Neutral, neither overbought nor oversold. The STOCH value of 42.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EVZ.

EVZ Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVZ	65 Neutral	AU$35.84M	14.25	3.66%	―	-9.21%	-42.37%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
VBC	63 Neutral	AU$79.60M	15.12	17.38%	0.49%	-8.28%	89.71%
WSI	49 Neutral	AU$11.20M	-7.31	-11.81%	―	-36.40%	-192.91%
SOP	44 Neutral	AU$13.50M	-2.28	-90.66%	―	-6.10%	12.50%

EVZ Limited Corporate Events

EVZ Posts Record Cash Position as It Accelerates Shift to Diversified Industrial Group

EVZ Limited reported its strongest financial position to date in the second quarter of FY2026, with a record cash balance of $18.8 million, no drawn debt, and net operating cash inflow of $4.3 million, supported by a 10% year-on-year increase in quarterly cash receipts to $35.5 million and an $80 million contract backlog. All business units are trading profitably with improved margins, underlining the success of the company’s strategic shift toward a diversified industrial model, while its robust balance sheet enables continued pursuit of strategic acquisitions and expansion of its contract portfolio, particularly in businesses such as Brockman Engineering, which has moved beyond legacy contracts to operate sustainably and profitably in the energy and resources sector.

The most recent analyst rating on (AU:EVZ) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on EVZ Limited stock, see the AU:EVZ Stock Forecast page.

EVZ Limited Director Increases Shareholding

EVZ Limited announced a change in the director’s interest, with Richard Betts acquiring 110,677 ordinary shares through an on-market trade. This acquisition reflects a potential increase in confidence or strategic positioning by the director, which may impact stakeholder perceptions of the company’s future prospects.

The most recent analyst rating on (AU:EVZ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on EVZ Limited stock, see the AU:EVZ Stock Forecast page.

EVZ Limited Appoints Richard Betts to Board of Directors

EVZ Limited has announced the appointment of Richard Betts to its Board of Directors, effective from May 1, 2025. The company has now submitted the required Appendix 3X, detailing Mr. Betts’ initial interests as a director, which was not lodged at the time of his appointment. This update ensures compliance with ASX listing rules and reflects the company’s commitment to transparency and governance.

The most recent analyst rating on (AU:EVZ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on EVZ Limited stock, see the AU:EVZ Stock Forecast page.

EVZ Limited Completes Minimum Holding Share Buy-Back

EVZ Limited has completed a Minimum Holding Share Buy-Back, purchasing and canceling 512,880 shares from 1,148 shareholders, which represents less than 0.5% of its share capital. This move aims to reduce administrative and share registry costs associated with unmarketable parcels, with proceeds from the buy-back being remitted to shareholders.

The most recent analyst rating on (AU:EVZ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on EVZ Limited stock, see the AU:EVZ Stock Forecast page.

EVZ Limited Projects Strong First-Half Financial Performance for FY 2026

EVZ Limited has announced its earnings guidance for the first half of the financial year 2026, projecting revenue between $60 million and $65 million and an EBITDA of $3.7 million to $4.3 million. This reflects an improvement from the previous year’s first-half results, attributed to operational enhancements across its businesses, indicating stronger profit margins and a positive outlook for stakeholders.