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Envirotech Vehicles Inc (EVTV)



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Upturn Advisory Summary
03/27/2025: EVTV (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -44.66% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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 - |
Upturn AI SWOT
Envirotech Vehicles Inc
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.
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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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://evtvusa.com |
Full time employees 14 | Website https://evtvusa.com |
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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