EVI Competitors
| EVI Stock | USD 20.94 0.12 0.57% |
EVI Industries vs Wabash National Correlation
Weak diversification
The correlation between EVI Industries and WNC is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EVI Industries and WNC in the same portfolio, assuming nothing else is changed.
Moving against EVI Stock
The EVI Industries' current Return On Tangible Assets is estimated to increase to 0.04. The EVI Industries' current Return On Capital Employed is estimated to increase to 0.10. As of now, EVI Industries' Total Current Assets are increasing as compared to previous years. The EVI Industries' current Intangible Assets is estimated to increase to about 37.3 M, while Fixed Asset Turnover is projected to decrease to 11.69.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EVI Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EVI Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EVI Industries and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of EVI and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of EVI Industries does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between EVI Stock performing well and EVI Industries Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze EVI Industries' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LXFR | 1.20 | 0.29 | 0.20 | 0.33 | 1.02 | 2.92 | 6.05 | |||
| AIRJ | 4.31 | (0.64) | 0.00 | (0.13) | 0.00 | 13.28 | 31.81 | |||
| TITN | 2.33 | 0.14 | 0.09 | 0.12 | 2.39 | 4.93 | 27.01 | |||
| BBCP | 1.81 | 0.01 | 0.01 | 0.07 | 2.63 | 4.50 | 15.27 | |||
| ASLE | 1.32 | 0.20 | 0.11 | 0.41 | 1.31 | 2.92 | 6.61 | |||
| HSHP | 1.85 | 0.71 | 0.29 | (102.61) | 1.67 | 4.80 | 12.50 | |||
| ACCO | 1.30 | 0.29 | 0.14 | 3.84 | 1.22 | 3.25 | 7.18 | |||
| PANL | 2.15 | 0.43 | 0.18 | 0.49 | 2.01 | 3.77 | 22.60 | |||
| NPWR | 3.22 | (0.76) | 0.00 | (0.28) | 0.00 | 7.00 | 18.48 | |||
| WNC | 2.34 | 0.57 | 0.26 | 0.39 | 2.02 | 6.11 | 16.28 |
Cross Equities Net Income Analysis
Compare EVI Industries and related stocks such as Luxfer Holdings PLC, Montana Technologies, and Titan Machinery Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LXFR | 12.9 M | 43.4 M | 42.4 M | 34.1 M | 29.2 M | 16.1 M | 21.9 M | 11.5 M | 25 M | 3.1 M | 20 M | 29.9 M | 26.9 M | (1.9 M) | 18.4 M | 16.6 M | 17.3 M |
| AIRJ | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.8 M) | (11.4 M) | 215.7 M | 248 M | 260.5 M |
| TITN | 416 K | 44.2 M | 42.5 M | 8.9 M | (32.2 M) | (37.9 M) | (14.2 M) | (7 M) | 12.2 M | 14 M | 19.4 M | 66 M | 101.9 M | 110.9 M | (36.9 M) | (42.4 M) | (40.3 M) |
| BBCP | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.5 M | (317.7 K) | 28.4 M | (32.5 M) | (61.3 M) | (15.1 M) | 28.7 M | 31.8 M | 16.2 M | 6.4 M | 7.3 M | 7.7 M |
| ASLE | (31.9 M) | (31.9 M) | (31.9 M) | (31.9 M) | (31.9 M) | (31.9 M) | (31.9 M) | (31.9 M) | 8.9 M | 15.5 M | 8.1 M | 36.1 M | 43.9 M | (5.6 M) | 5.9 M | 6.7 M | 11.1 M |
| HSHP | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (973.9 K) | (2 M) | 1.5 M | 21 M | 24.2 M | 25.4 M |
| ACCO | 15.7 M | 56.7 M | 115.4 M | 77.1 M | 91.6 M | 85.9 M | 95.5 M | 131.7 M | 106.7 M | 106.8 M | 62 M | 101.9 M | (13.2 M) | (21.8 M) | (101.6 M) | (116.8 M) | (111 M) |
| PANL | 3.2 M | 3.2 M | (2.7 M) | 15.5 M | (12.1 M) | 11.3 M | 7.5 M | 7.8 M | 17.8 M | 11.7 M | 11.4 M | 67.2 M | 79.5 M | 26.3 M | 28.9 M | 33.2 M | 21.5 M |
| NPWR | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (38.3 M) | (54.8 M) | (77.2 M) | (49.2 M) | (44.3 M) | (46.5 M) |
| WNC | 2.8 M | 15 M | 105.6 M | 46.5 M | 60.9 M | 104.3 M | 119.4 M | 111.4 M | 69.4 M | 89.6 M | (97.4 M) | 1.2 M | 112.3 M | 231.3 M | (284.1 M) | 211.5 M | 222 M |
EVI Industries and related stocks such as Luxfer Holdings PLC, Montana Technologies, and Titan Machinery Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in EVI Industries financial statement analysis. It represents the amount of money remaining after all of EVI Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.EVI Industries Competitive Analysis
The better you understand EVI Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EVI Industries' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across EVI Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
EVI Industries Competition Performance Charts
Five steps to successful analysis of EVI Industries Competition
EVI Industries' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by EVI Industries in relation to its competition. EVI Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of EVI Industries in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact EVI Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EVI Industries, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out EVI Industries Correlation with its peers. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is there potential for Trading Companies & Distributors market expansion? Will EVI introduce new products? Factors like these will boost the valuation of EVI Industries. Projected growth potential of EVI fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about EVI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 0.39 | Revenue Per Share | Quarterly Revenue Growth 0.156 | Return On Assets |
Understanding EVI Industries requires distinguishing between market price and book value, where the latter reflects EVI's accounting equity. The concept of intrinsic value - what EVI Industries' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push EVI Industries' price substantially above or below its fundamental value.
It's important to distinguish between EVI Industries' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding EVI Industries should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, EVI Industries' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.