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EVOLV TECHNOLOGIES HOLDINGS (EVLV) Stock Fundamental Analysis

NASDAQ:EVLV - Nasdaq - US30049H1023 - Common Stock - Currency: USD

3.59  -0.24 (-6.27%)

After market: 3.6 +0.01 (+0.28%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to EVLV. EVLV was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. The financial health of EVLV is average, but there are quite some concerns on its profitability. EVLV is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

EVLV had negative earnings in the past year.
EVLV had a negative operating cash flow in the past year.
In the past 5 years EVLV always reported negative net income.
In the past 5 years EVLV always reported negative operating cash flow.
EVLV Yearly Net Income VS EBIT VS OCF VS FCFEVLV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 -20M -40M -60M -80M -100M

1.2 Ratios

The Return On Assets of EVLV (-7.10%) is worse than 63.33% of its industry peers.
EVLV has a Return On Equity of -12.46%. This is in the lower half of the industry: EVLV underperforms 60.83% of its industry peers.
Industry RankSector Rank
ROA -7.1%
ROE -12.46%
ROIC N/A
ROA(3y)-21.13%
ROA(5y)-54.56%
ROE(3y)-38.14%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
EVLV Yearly ROA, ROE, ROICEVLV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 0 100 -100 200 -200 300

1.3 Margins

With an excellent Gross Margin value of 53.68%, EVLV belongs to the best of the industry, outperforming 92.50% of the companies in the same industry.
In the last couple of years the Gross Margin of EVLV has grown nicely.
EVLV does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 53.68%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.03%
GM growth 5YN/A
EVLV Yearly Profit, Operating, Gross MarginsEVLV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 0 -200 -400

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5

2. Health

2.1 Basic Checks

EVLV does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for EVLV has been increased compared to 1 year ago.
There is no outstanding debt for EVLV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
EVLV Yearly Shares OutstandingEVLV Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 50M 100M 150M
EVLV Yearly Total Debt VS Total AssetsEVLV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 100M 200M 300M

2.2 Solvency

EVLV has an Altman-Z score of 0.89. This is a bad value and indicates that EVLV is not financially healthy and even has some risk of bankruptcy.
EVLV has a worse Altman-Z score (0.89) than 71.67% of its industry peers.
EVLV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.89
ROIC/WACCN/A
WACC8.92%
EVLV Yearly LT Debt VS Equity VS FCFEVLV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 100M 200M

2.3 Liquidity

EVLV has a Current Ratio of 1.74. This is a normal value and indicates that EVLV is financially healthy and should not expect problems in meeting its short term obligations.
EVLV has a worse Current ratio (1.74) than 68.33% of its industry peers.
EVLV has a Quick Ratio of 1.50. This is a normal value and indicates that EVLV is financially healthy and should not expect problems in meeting its short term obligations.
EVLV has a Quick ratio (1.50) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 1.5
EVLV Yearly Current Assets VS Current LiabilitesEVLV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 100M 200M 300M

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6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 36.17% over the past year.
Looking at the last year, EVLV shows a quite strong growth in Revenue. The Revenue has grown by 17.66% in the last year.
The Revenue has been growing by 156.06% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)36.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
Revenue 1Y (TTM)17.66%
Revenue growth 3Y156.06%
Revenue growth 5YN/A
Sales Q2Q%28.83%

3.2 Future

The Earnings Per Share is expected to grow by 17.97% on average over the next years. This is quite good.
EVLV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 29.06% yearly.
EPS Next Y27.41%
EPS Next 2Y29.91%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue Next Year31.39%
Revenue Next 2Y29.48%
Revenue Next 3Y27.91%
Revenue Next 5Y29.06%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
EVLV Yearly Revenue VS EstimatesEVLV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M 250M
EVLV Yearly EPS VS EstimatesEVLV Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 -0.1 -0.2 -0.3 -0.4 -0.5

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0

4. Valuation

4.1 Price/Earnings Ratio

EVLV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for EVLV. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
EVLV Price Earnings VS Forward Price EarningsEVLV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
EVLV Per share dataEVLV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5

4.3 Compensation for Growth

A more expensive valuation may be justified as EVLV's earnings are expected to grow with 17.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.91%
EPS Next 3Y17.97%

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0

5. Dividend

5.1 Amount

No dividends for EVLV!.
Industry RankSector Rank
Dividend Yield N/A

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EVOLV TECHNOLOGIES HOLDINGS

NASDAQ:EVLV (2/21/2025, 8:16:22 PM)

After market: 3.6 +0.01 (+0.28%)

3.59

-0.24 (-6.27%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-08 2024-11-08/amc
Earnings (Next)02-26 2025-02-26/amc
Inst Owners56.77%
Inst Owner Change-98.39%
Ins Owners4.89%
Ins Owner Change0.56%
Market Cap565.60M
Analysts78
Price Target5.27 (46.8%)
Short Float %12.6%
Short Ratio10.49
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.28%
Min EPS beat(2)-32.35%
Max EPS beat(2)19.78%
EPS beat(4)3
Avg EPS beat(4)2.7%
Min EPS beat(4)-32.35%
Max EPS beat(4)19.78%
EPS beat(8)7
Avg EPS beat(8)7.24%
EPS beat(12)10
Avg EPS beat(12)36.66%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-7.63%
Max Revenue beat(2)5.03%
Revenue beat(4)3
Avg Revenue beat(4)3.19%
Min Revenue beat(4)-7.63%
Max Revenue beat(4)10.67%
Revenue beat(8)7
Avg Revenue beat(8)30.99%
Revenue beat(12)11
Avg Revenue beat(12)35.76%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.9%
PT rev (3m)0.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)0.11%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 6.34
P/FCF N/A
P/OCF N/A
P/B 3.69
P/tB 3.69
EV/EBITDA N/A
EPS(TTM)-0.3
EYN/A
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)-0.61
FCFYN/A
OCF(TTM)-0.25
OCFYN/A
SpS0.57
BVpS0.97
TBVpS0.97
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -7.1%
ROE -12.46%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 53.68%
FCFM N/A
ROA(3y)-21.13%
ROA(5y)-54.56%
ROE(3y)-38.14%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.03%
GM growth 5YN/A
F-Score4
Asset Turnover0.33
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 429.51%
Cap/Sales 63.95%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.74
Quick Ratio 1.5
Altman-Z 0.89
F-Score4
WACC8.92%
ROIC/WACCN/A
Cap/Depr(3y)405.5%
Cap/Depr(5y)393.89%
Cap/Sales(3y)46.91%
Cap/Sales(5y)58.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
EPS Next Y27.41%
EPS Next 2Y29.91%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue 1Y (TTM)17.66%
Revenue growth 3Y156.06%
Revenue growth 5YN/A
Sales Q2Q%28.83%
Revenue Next Year31.39%
Revenue Next 2Y29.48%
Revenue Next 3Y27.91%
Revenue Next 5Y29.06%
EBIT growth 1Y13.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.13%
EBIT Next 3Y25.06%
EBIT Next 5Y28.17%
FCF growth 1Y13.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y62.2%
OCF growth 3YN/A
OCF growth 5YN/A