EVI Industries (EVI) AI Stock Analysis

• Market Cap: $267.92M
• Dividend Yield: N/A
• Average Volume (3M): 21.49K
• Price to Earnings (P/E): 44.7
• Beta (1Y): 1.07
• Revenue Growth: 12.63%
• EPS Growth: -21.23%
• Country: US
• Employees: 750
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): 0.15
• Shares Outstanding: 12,862,149
• 10 Day Avg. Volume: 17,138
• 30 Day Avg. Volume: 21,490
• PEG Ratio: 1.58
• Price to Book (P/B): 2.33
• Price to Sales (P/S): 0.86
• P/FCF Ratio: 20.36
• Enterprise Value/Market Cap: 1.28
• Enterprise Value/Revenue: 0.81
• Enterprise Value/Gross Profit: 2.66
• Enterprise Value/Ebitda: 17.44
• 1Y Price Target: $35.00
• Price Target Upside: 68.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: $19.00 ▼(-8.79% Downside)
• Action: Reiterated Date: 02/10/26
• Date: Action: Reiterated 02/10/26

The score is mainly supported by steady revenue growth and currently strong cash generation, tempered by very thin/volatile profitability and increased leverage versus prior periods. Technical indicators are bearish and the high P/E valuation further drags the overall score.

Positive Factors

Strong cash generation

EVI's trailing‑12‑month operating cash flow ($24.2M) and growing free cash flow ($17.8M, +7.4%) with FCF roughly 0.75x of net income indicate reliable cash conversion. Durable FCF supports reinvestment in field service, aftermarket parts inventory and gradual debt reduction without relying on equity raises.

Recurring aftermarket revenue

EVI's business emphasizes parts, consumables, installation and maintenance tied to an installed equipment base. These recurring aftermarket streams provide predictable repeat revenue and higher lifetime customer value, stabilizing cashflows relative to one‑time equipment sales and supporting long‑term margin resilience.

Multi‑subsidiary distribution model

Operating via regional subsidiaries gives EVI localized service, broader customer access and redundancy across markets. This structure strengthens service economics, speeds field response, aids cross‑selling of parts/services and reduces single‑market concentration risk, reinforcing durable revenue sources over months.

Negative Factors

Thin operating profitability

With TTM net margin near 1.4% and operating margin around 3.1%, EVI has limited earnings cushion. Low margins constrain reinvestment capacity and make earnings highly sensitive to raw material, labor or warranty cost shocks, hindering sustainable return on capital and long‑term profitability improvement.

Higher leverage vs prior years

Leverage of ~0.46 with recently increased debt reduces financial flexibility, particularly given thin margins. Higher debt limits ability to fund expansion of service networks or absorb cyclical weakness without cutting costs or raising capital, raising refinancing and covenant risks over a multi‑month horizon.

Historic cash‑flow volatility

Prior years of weak or negative free cash flow demonstrate that cash generation can be volatile. This variability undermines planning for capital expenditure, inventory and field service investments, and makes consistent deleveraging or predictable shareholder returns more difficult to sustain over time.

EVI Industries Business Overview & Revenue Model

Company Description

EVI Industries, Inc., through its subsidiaries, distributes, sells, rents, and leases commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, Latin America, and Asia. The company sells and/or leases its customers commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. It also supplies related replacement parts and accessories; and provides installation, maintenance, and repair services to government, institutional, industrial, commercial, and retail customers. The company was formerly known as EnviroStar, Inc. and changed its name to EVI Industries, Inc. in December 2018. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.

How the Company Makes Money

EVI Industries generates revenue primarily through the sale of commercial laundry equipment and aftermarket services, including maintenance and repair. The company has established key revenue streams from its equipment sales, which include both new and refurbished machines. In addition, EVI earns income through service contracts and extended warranties that provide ongoing maintenance and support to customers. Partnerships with manufacturers and suppliers enhance EVI's ability to offer competitive pricing and a wide range of products. Furthermore, the company benefits from financing options that help customers invest in new equipment, facilitating sales and increasing customer retention.

EVI Industries Financial Statement Overview

Summary

Revenue growth is solid (TTM $427.1M, +5.6%) and gross margin is steady (~30%), while cash generation is a relative strength (TTM OCF $24.2M; FCF $17.8M, +7.4%). Offsetting this, profitability is thin and has softened versus FY2025 (TTM net margin ~1.4%, operating margin ~3.1%) with historical earnings/cash-flow variability and somewhat higher debt versus prior years.

Income Statement

TTM (Trailing-Twelve-Months) revenue is $427.1M with solid mid-single-digit growth (5.6%), and gross margin is steady around 30%, indicating decent pricing/discipline for a distributor. However, profitability is modest: TTM net margin is about 1.4% and operating margin is ~3.1%, and both are down versus FY2025 (annual) as earnings have not scaled with revenue. Net income has also been volatile across years (notably higher in FY2023), suggesting sensitivity to demand/mix and cost pressures.

Balance Sheet

Leverage looks manageable with debt-to-equity around 0.46 in TTM (Trailing-Twelve-Months), supported by a sizable equity base (~$144.0M). That said, debt has stepped up versus prior years (particularly compared with FY2024), which reduces balance-sheet flexibility if margins stay thin. Returns on equity are moderate (TTM ~4.1%), consistent with the company’s low-margin profile and recent profitability compression.

Cash Flow

Cash generation is a relative strength: TTM (Trailing-Twelve-Months) operating cash flow is $24.2M and free cash flow is $17.8M, with free cash flow up ~7.4%. Free cash flow is well supported by earnings (about 0.75x of net income), indicating good cash conversion recently. The key risk is variability—historically cash flow has been choppy (including weak/negative free cash flow in FY2022 and FY2023), so sustaining current conversion is important.

Breakdown	TTM	Jun 2025	Jun 2024	Sep 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	427.06M	389.83M	353.56M	354.17M	267.32M	242.00M
Gross Profit	129.44M	118.35M	105.25M	103.68M	73.71M	59.84M
EBITDA	19.73M	20.76M	17.61M	22.63M	11.60M	15.17M
Net Income	7.07M	7.50M	5.65M	9.72M	4.09M	8.38M
Balance Sheet
Total Assets	315.63M	313.58M	230.66M	257.54M	233.51M	179.62M
Cash, Cash Equivalents and Short-Term Investments	4.25M	8.85M	4.56M	5.92M	3.97M	6.06M
Total Debt	80.56M	64.78M	21.86M	44.45M	36.09M	19.57M
Total Liabilities	171.66M	170.10M	94.05M	126.58M	115.83M	72.88M
Stockholders Equity	143.97M	143.48M	136.61M	130.96M	117.68M	106.74M
Cash Flow
Free Cash Flow	17.79M	16.40M	27.79M	-2.77M	-5.88M	10.87M
Operating Cash Flow	24.15M	21.27M	32.65M	940.00K	-1.90M	13.69M
Investing Cash Flow	-47.47M	-51.79M	-6.82M	-5.99M	-15.93M	-7.64M
Financing Cash Flow	23.67M	34.81M	-27.20M	6.99M	15.75M	-9.78M

EVI Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.83
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVI, the sentiment is Negative. The current price of 20.83 is below the 20-day moving average (MA) of 22.79, below the 50-day MA of 24.01, and below the 200-day MA of 23.90, indicating a bearish trend. The MACD of -1.53 indicates Positive momentum. The RSI at 41.77 is Neutral, neither overbought nor oversold. The STOCH value of 23.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EVI.

EVI Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DXPE	77 Outperform	$2.50B	30.23	19.58%	―	12.76%	36.11%
AIT	72 Outperform	$10.53B	26.52	22.02%	0.70%	4.03%	5.93%
GIC	70 Outperform	$1.19B	17.60	22.61%	3.48%	0.16%	2.99%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DSGR	61 Neutral	$1.38B	-124.13	-1.68%	―	14.46%	-588.82%
EVI	57 Neutral	$267.92M	44.69	3.77%	―	12.63%	-21.23%
TITN	51 Neutral	$451.04M	-7.09	-9.63%	―	-8.92%	-304.76%

EVI Industries Corporate Events

EVI Industries Approves 2025 Equity Incentive Plan

At the Annual Meeting of Stockholders held on December 15, 2025, EVI Industries, Inc. received approval from its stockholders for the 2025 Equity Incentive Plan, which includes employees, officers, directors, and consultants as eligible participants. Additionally, the stockholders approved the election of six director nominees, the compensation of Named Executive Officers, and decided on holding future advisory votes on executive compensation every three years.

The most recent analyst rating on (EVI) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on EVI Industries stock, see the EVI Stock Forecast page.