EverGen Infrastructure Corp. (EVGN) AI Stock Analysis

• Market Cap: C$7.06M
• Dividend Yield: N/A
• Average Volume (3M): 23.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: -20.29%
• EPS Growth: -326.08%
• Country: CA
• Employees: 35
• Sector: Energy
• Sector Strength: 52
• Industry: Regulated Gas
• EPS (TTM): -0.05
• Shares Outstanding: 22,427,000
• 10 Day Avg. Volume: 50,580
• 30 Day Avg. Volume: 23,139
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 1.43
• P/FCF Ratio: 49.37
• 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): -0.19
• Revenue Forecast (FY): C$15.34M

• Rating: 39 Underperform
• Price Target: C$0.30 ▼(-46.00% Downside)

EverGen Infrastructure Corp. has a low overall stock score due to significant financial challenges and bearish technical indicators. The company's negative profitability and liquidity issues weigh heavily on its financial performance. Technical analysis further indicates a downtrend with oversold conditions. While recent corporate events show potential for future growth, they are not enough to offset the current financial and technical weaknesses.

Positive Factors

Business Model Strength

The company's focus on long-term contracts provides a stable income stream and reduces revenue volatility, supporting sustainable growth.

Market Position

Positioning in the renewable energy sector aligns with global sustainability trends, offering potential for long-term growth and market expansion.

Government Incentives

Government support for renewable energy provides financial benefits and enhances the company's ability to invest in new projects, aiding long-term profitability.

Negative Factors

Revenue Decline

Declining revenues indicate challenges in maintaining market share and demand, which could impact long-term financial stability and growth.

Negative Profitability

Negative profitability suggests operational inefficiencies and challenges in cost management, which may hinder sustainable growth and investment capacity.

Cash Flow Issues

Poor cash flow management can limit the company's ability to invest in growth opportunities and meet financial obligations, affecting long-term viability.

EverGen Infrastructure Corp. Business Overview & Revenue Model

Company Description

EverGen Infrastructure Corp. acquires, develops, builds, owns, and operates a portfolio of renewable natural gas, waste to energy, and related infrastructure projects in British Columbia. It operates Fraser Valley Biogas project, which is an anaerobic digestion facility that generates renewable natural gas and renewable fertilizers; the Zero Net Waste Abbotsford project; the Sea To Sky Soils project that processes organics to produce stable compost; the GrowTEC project; and the Radius project. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

EverGen Infrastructure generates revenue primarily through the sale of renewable natural gas (RNG) produced from its biogas facilities. The company enters into long-term contracts with customers, including utilities and industrial users, providing a steady income stream. Additionally, EverGen may earn revenue from tipping fees associated with organic waste management services, where businesses and municipalities pay to dispose of organic waste. Partnerships with local governments and other stakeholders enhance the company’s ability to secure organic waste sources and expand its operational footprint. Furthermore, incentives and subsidies from government programs aimed at promoting renewable energy can also contribute to its earnings.

EverGen Infrastructure Corp. Financial Statement Overview

Summary

EverGen Infrastructure Corp. faces significant financial challenges. The income statement shows declining revenues and negative profitability margins. The balance sheet reflects moderate leverage but poor returns on equity. Cash flow issues further compound the company's financial instability, with negative growth and liquidity concerns. Overall, the company's financial health is weak, requiring strategic improvements.

Income Statement

EverGen Infrastructure Corp. shows declining revenue with a negative growth rate of -11.29% in the TTM period. Profitability metrics are weak, with negative net profit and EBIT margins, indicating operational challenges. The gross profit margin is marginally positive at 6.89%, but overall, the income statement reflects financial instability and declining performance.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.68, suggesting a balanced approach to leverage. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholder investments. The equity ratio is not explicitly calculated, but the balance sheet shows a relatively stable equity base compared to total assets.

Cash Flow

Cash flow metrics are concerning, with a significant decline in free cash flow growth and a negative free cash flow to net income ratio. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. Overall, the cash flow statement highlights liquidity issues and inefficiencies in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.45M	14.23M	8.44M	7.46M	9.56M	0.00
Gross Profit	66.00K	994.00K	-1.46M	-2.49M	6.79M	0.00
EBITDA	-14.09M	-11.23M	-1.87M	-1.51M	770.00K	149.00K
Net Income	-17.46M	-16.73M	-4.42M	-4.10M	-1.95M	-2.23M
Balance Sheet
Total Assets	78.58M	77.70M	93.53M	85.96M	80.61M	50.51M
Cash, Cash Equivalents and Short-Term Investments	4.51M	414.00K	585.00K	8.85M	19.60M	4.68M
Total Debt	27.96M	26.63M	24.16M	11.54M	9.76M	3.45M
Total Liabilities	33.77M	35.70M	35.95M	24.57M	19.24M	18.60M
Stockholders Equity	42.28M	39.43M	55.32M	58.92M	61.37M	31.91M
Cash Flow
Free Cash Flow	-1.42M	411.00K	-16.77M	-9.02M	-3.51M	-46.00K
Operating Cash Flow	268.00K	4.06M	307.00K	-1.35M	-1.92M	-46.00K
Investing Cash Flow	1.08M	-3.65M	-16.66M	-7.47M	-14.99M	-23.53M
Financing Cash Flow	2.76M	-582.00K	8.08M	-1.92M	34.19M	28.58M

EverGen Infrastructure Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVGN, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.50, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 26.66 is Positive, neither overbought nor oversold. The STOCH value of 6.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EVGN.

EverGen Infrastructure Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
LCFS	57 Neutral	C$156.21M	-0.43	8.55%	―	-30.92%	―
BLM	54 Neutral	C$54.39M	―	-3.01%	―	63.49%	-133.70%
EVGN	39 Underperform	C$7.06M	―	-38.52%	―	-20.29%	-326.08%

EverGen Infrastructure Corp. Corporate Events

EverGen Infrastructure Reports Strong RNG Production and Strategic Advancements

EverGen Infrastructure Corp. reported operational updates for its renewable natural gas and organic waste processing facilities, demonstrating strong performance and growth potential. The company achieved significant production levels at its Fraser Valley Biogas and GrowTEC facilities and made strategic advancements at its Pacific Coast Renewables and Sea to Sky Soils sites. These efforts, including a key regulatory milestone and contract termination, are expected to enhance revenue and long-term profitability, positioning EverGen for sustainable growth and improved industry positioning.