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EVTV
Upturn stock ratingUpturn stock rating

Envirotech Vehicles Inc (EVTV)

Upturn stock ratingUpturn stock rating
$0.26
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: EVTV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -44.66%
Avg. Invested days 25
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 4.85M USD
Price to earnings Ratio -
1Y Target Price 0.7
Price to earnings Ratio -
1Y Target Price 0.7
Volume (30-day avg) 438932
Beta 0.7
52 Weeks Range 0.24 - 2.99
Updated Date 03/30/2025
52 Weeks Range 0.24 - 2.99
Updated Date 03/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.62

Earnings Date

Report Date 2025-03-26
When After Market
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -424.87%

Management Effectiveness

Return on Assets (TTM) -19.04%
Return on Equity (TTM) -45.38%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 5377500
Price to Sales(TTM) 2.8
Enterprise Value 5377500
Price to Sales(TTM) 2.8
Enterprise Value to Revenue 3.11
Enterprise Value to EBITDA -6.24
Shares Outstanding 19722000
Shares Floating 10603478
Shares Outstanding 19722000
Shares Floating 10603478
Percent Insiders 27.7
Percent Institutions 4.88

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Envirotech Vehicles Inc

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Company Overview

History and Background

Envirotech Vehicles Inc. (formerly known as ADOMANI, Inc.) focuses on the development, production, and sale of zero-emission electric vehicles. Founded in 2009, the company aims to provide sustainable transportation solutions for commercial and last-mile delivery markets.

Core Business Areas

  • Electric Vehicle Production: Envirotech Vehicles focuses on the assembly and manufacturing of electric vehicles, including vans and trucks, designed for commercial use.
  • Sales and Distribution: The company sells and distributes its electric vehicles to various customers, including fleet operators, businesses, and government agencies.
  • After-Sales Service and Support: Provides service and support, and aftermarket parts for its electric vehicles

Leadership and Structure

The leadership team consists of executives with experience in the automotive and electric vehicle industries. The organizational structure includes departments for engineering, manufacturing, sales, and marketing.

Top Products and Market Share

Key Offerings

  • Envirotech Vehicles Class 4 Electric Vehicle: Electric commercial vehicle designed for delivery and service applications. Market share data is not publicly available due to the competitive landscape and Envirotech's relatively small size. Competitors include Ford, General Motors, and Rivian in the electric commercial vehicle space.
  • Envirotech Vehicles Class 8 Electric Vehicle: Heavy-duty electric vehicle tailored for larger transportation needs. Market share data is not publicly available. Competitors include Tesla, Daimler Truck, and Volvo.

Market Dynamics

Industry Overview

The electric vehicle industry is experiencing rapid growth, driven by increasing environmental concerns, government regulations, and technological advancements. Demand for commercial electric vehicles is rising, especially in urban areas.

Positioning

Envirotech Vehicles is positioned as a provider of affordable and practical electric commercial vehicles. Their focus is to offer alternatives to traditional gasoline-powered vehicles for fleet operators and businesses.

Total Addressable Market (TAM)

The global electric vehicle market is projected to reach hundreds of billions of dollars. Envirotech Vehicles aims to capture a portion of this market by providing tailored solutions for specific commercial applications.

Upturn SWOT Analysis

Strengths

  • Focus on commercial electric vehicles
  • Potential for growth in a rapidly expanding market
  • Established manufacturing capabilities

Weaknesses

  • Limited market share and brand recognition
  • Financial constraints and dependence on funding
  • Reliance on key suppliers for components

Opportunities

  • Government incentives and subsidies for electric vehicles
  • Partnerships with fleet operators and businesses
  • Expansion into new geographic markets

Threats

  • Competition from established automotive manufacturers
  • Technological advancements leading to obsolescence
  • Economic downturn affecting demand for commercial vehicles

Competitors and Market Share

Key Competitors

  • F
  • GM
  • RIVN
  • TSLA
  • NKLA

Competitive Landscape

Envirotech Vehicles faces significant competition from established automotive manufacturers and emerging EV companies. Their advantage lies in their focus on specific commercial applications, while their disadvantages include limited brand recognition and financial resources.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is variable. Refer to the companyu2019s financial reports for data on revenue and sales growth over the past years.

Future Projections: Future growth projections depend on market conditions, technological advancements, and the companyu2019s ability to execute its strategy. Analyst estimates need to be reviewed.

Recent Initiatives: Recent initiatives include expanding product lines, securing partnerships with fleet operators, and increasing manufacturing capacity.

Summary

Envirotech Vehicles Inc. is a smaller player in a highly competitive EV market. The company's focus on commercial vehicles presents an opportunity for growth, but it faces challenges due to financial constraints and competition. Securing partnerships and expanding market presence are critical for success. Continued monitoring of their financial performance and strategy execution is essential. They need to overcome the weakness of limited market share and brand recognition.

Similar Companies

  • FSR
  • WKHS
  • LCID
  • CENX

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is based on available information and should not be considered financial advice. Investment decisions should be made after consulting with a qualified professional.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Envirotech Vehicles Inc

Exchange NASDAQ
Headquaters Osceola, AR, United States
IPO Launch date 2022-07-06
Chairman of the Board & CEO Mr. Phillip W. Oldridge
Sector Consumer Cyclical
Industry Auto Manufacturers
Full time employees 14
Full time employees 14

Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is headquartered in Osceola, Arkansas.

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