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EVTV
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Envirotech Vehicles Inc (EVTV)

Upturn stock ratingUpturn stock rating
$1.77
Last Close (24-hour delay)
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PASS
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  • 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
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Upturn Advisory Summary

08/14/2025: EVTV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit -32.66%
Avg. Invested days 18
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
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 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 4.36M USD
Price to earnings Ratio -
1Y Target Price 0.7
Price to earnings Ratio -
1Y Target Price 0.7
Volume (30-day avg) -
Beta 0.63
52 Weeks Range 0.15 - 2.61
Updated Date 06/29/2025
52 Weeks Range 0.15 - 2.61
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.9

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -614.43%

Management Effectiveness

Return on Assets (TTM) -22.37%
Return on Equity (TTM) -132.63%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 9458293
Price to Sales(TTM) 2.64
Enterprise Value 9458293
Price to Sales(TTM) 2.64
Enterprise Value to Revenue 5.73
Enterprise Value to EBITDA -6.24
Shares Outstanding 25670200
Shares Floating 19891590
Shares Outstanding 25670200
Shares Floating 19891590
Percent Insiders 21.45
Percent Institutions 3.86

ai summary icon Upturn AI SWOT

Envirotech Vehicles Inc

stock logo

Company Overview

overview logo History and Background

Envirotech Vehicles, Inc., formerly known as ADOMANI, Inc., was founded in 2009. It focuses on providing zero-emission electric vehicles and drivetrains for commercial fleets. The company went public through a reverse merger and has aimed to capitalize on the growing demand for electric commercial vehicles.

business area logo Core Business Areas

  • Electric Vehicles: Designs, engineers, and manufactures electric commercial vehicles, including vans and trucks, targeting last-mile delivery and service applications.
  • Electric Drivetrains: Offers electric drivetrain systems for integration into existing commercial vehicles, enabling fleet electrification.

leadership logo Leadership and Structure

The leadership team consists of key executives responsible for strategy, operations, and finance. The organizational structure is designed to support manufacturing, engineering, and sales efforts.

Top Products and Market Share

overview logo Key Offerings

  • Electric Vans: Electric vans designed for last-mile delivery and service applications. Market share data is limited and highly competitive. Competitors include Ford (F), Rivian (RIVN), and Workhorse (WKHS).
  • Electric Trucks: Electric trucks designed for commercial use, including utility and delivery applications. Market share data is limited. Competitors include Ford (F), Rivian (RIVN), and Workhorse (WKHS).

Market Dynamics

industry overview logo Industry Overview

The electric vehicle industry is experiencing rapid growth, driven by increasing environmental concerns, government regulations, and technological advancements. The commercial EV segment is particularly attractive due to fleet electrification initiatives and cost savings from reduced fuel and maintenance expenses.

Positioning

Envirotech Vehicles aims to capture a portion of the commercial EV market by offering cost-effective electric vehicles and drivetrain solutions. However, they face strong competition from established automotive manufacturers and emerging EV startups.

Total Addressable Market (TAM)

The TAM for commercial EVs is projected to reach hundreds of billions of dollars by 2030. Envirotech Vehicles is positioned to capture a small portion of this market, but faces intense competition.

Upturn SWOT Analysis

Strengths

  • Focus on commercial EV segment
  • Electric drivetrain solutions
  • Potential for cost-effective EVs

Weaknesses

  • Limited brand recognition
  • Small scale of operations
  • Dependence on funding
  • Significant losses and negative cash flow.

Opportunities

  • Government incentives for EV adoption
  • Growing demand for last-mile delivery EVs
  • Partnerships with fleet operators

Threats

  • Intense competition from established automakers
  • Supply chain disruptions
  • Technological advancements by competitors
  • Limited access to capital markets

Competitors and Market Share

competitor logo Key Competitors

  • Ford (F)
  • Rivian (RIVN)
  • Workhorse (WKHS)
  • Canoo (GOEV)
  • Arrival (ARVL)

Competitive Landscape

Envirotech Vehicles faces a highly competitive landscape with established automakers and well-funded EV startups. The company's success depends on its ability to differentiate its products, secure funding, and scale production.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been limited due to funding constraints and operational challenges.

Future Projections: Future growth depends on securing funding, scaling production, and winning contracts.

Recent Initiatives: Recent initiatives include product development, partnerships, and efforts to expand manufacturing capacity.

Summary

Envirotech Vehicles is a small player in the competitive commercial EV market. The company needs to address funding challenges and scale production effectively. Intense competition and technological advancements pose significant hurdles. Future growth depends on strategic partnerships and product differentiation.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Research Reports
  • Financial News Sources

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial advisor. Market share data is approximate and may vary depending on the source.

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 Houston, TX, 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 22
Full time employees 22

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 provides 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. Envirotech Vehicles, Inc. is headquartered in Houston, Texas.