EVI Industries, Inc. has seen its shares rise by 64.3% over the past six months, vastly surpassing the industrial services sector’s average growth of 11.3%. The company, based in Miami, FL, is a key player in the commercial laundry sector, providing equipment and services across the U.S., Canada, and Latin America. For the nine months ending March 31, 2025, EVI reported revenues of $279.9 million, up from $263.4 million the previous year, while net income soared over 50% to $5.4 million.
In addition to its impressive financial performance, EVI has expanded its credit capacity to $200 million, allowing for continued strategic acquisitions and operational investments. However, the company faces challenges such as rising SG&A costs and the need for digital transformation to remain competitive.
Currently, EVI trades at 1.01X trailing 12-month EV/sales, significantly lower than the industry average of 7.8X, indicating a potential investment opportunity amid underlying growth drivers and operational challenges.
