Envirotech Vehicles Stock EBITDA

EVTV Stock  USD 1.40  0.07  5.26%   
Envirotech Vehicles fundamentals help investors to digest information that contributes to Envirotech Vehicles' financial success or failures. It also enables traders to predict the movement of Envirotech Stock. The fundamental analysis module provides a way to measure Envirotech Vehicles' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Envirotech Vehicles stock.
Last ReportedProjected for Next Year
EBITDA-8.6 M-9 M
EBITDA is likely to drop to about (9 M) in 2024.
  
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Envirotech Vehicles Company EBITDA Analysis

Envirotech Vehicles' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Envirotech Vehicles EBITDA

    
  (7.49 M)  
Most of Envirotech Vehicles' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Envirotech Vehicles is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Envirotech EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Envirotech Vehicles is extremely important. It helps to project a fair market value of Envirotech Stock properly, considering its historical fundamentals such as EBITDA. Since Envirotech Vehicles' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Envirotech Vehicles' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Envirotech Vehicles' interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Envirotech Ebitda

Ebitda

(9.04 Million)

Envirotech Vehicles reported EBITDA of (8.61 Million) in 2023
According to the company disclosure, Envirotech Vehicles reported earnings before interest,tax, depreciation and amortization of (7.49 Million). This is 100.73% lower than that of the Automobile Components sector and 100.09% lower than that of the Consumer Discretionary industry. The ebitda for all United States stocks is 100.19% higher than that of the company.

Envirotech EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Envirotech Vehicles' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Envirotech Vehicles could also be used in its relative valuation, which is a method of valuing Envirotech Vehicles by comparing valuation metrics of similar companies.
Envirotech Vehicles is currently under evaluation in ebitda category among its peers.

Envirotech Vehicles Institutional Holders

Institutional Holdings refers to the ownership stake in Envirotech Vehicles that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Envirotech Vehicles' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Envirotech Vehicles' value.
Shares
Corecap Advisors, Llc2024-09-30
K
Atwood & Palmer Inc2024-09-30
650
Royal Bank Of Canada2024-06-30
247
Bank Of America Corp2024-09-30
113
Morgan Stanley - Brokerage Accounts2024-09-30
60.0
Jpmorgan Chase & Co2024-09-30
38.0
Davis Capital Management2024-09-30
3.0
Pfg Investments, Llc2024-06-30
0.0
Wells Fargo & Co2024-06-30
0.0
Vanguard Group Inc2024-09-30
485.4 K
Blackrock Inc2024-06-30
160.5 K

Envirotech Fundamentals

About Envirotech Vehicles Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Envirotech Vehicles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envirotech Vehicles using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envirotech Vehicles based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Envirotech Stock Analysis

When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.