Envirotech Vehicles Inc. Common Stock (EVTV)

FairStock Score: 25/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style bargain hunter: I want an understandable business, durable competitive advantage, and a margin of safety. Envirotech makes zero-emission commercial vehicles—vans, trucks, school buses, forklifts, sweepers—so it sits in a capital-intensive, competitive industry. From the supplied data, I cannot identify a moat. In the latest quarter, 2026-Q2, revenue was $2.7 million but net loss was $6.6 million, a negative 249.26% margin. The supplied revenue growth rate is 154.33%, but profit growth is -28.96%, meaning growth has not translated into profits. Trailing free cash flow was -$13.6 million, which against a $22.0 million market cap at the 2026-07-20 close is a -62.1% FCF yield—burning cash equal to more than half the company's market value annually. FairStock calculations show severe warning signs: Altman Z-Score -13.42, Piotroski F-Score 2/9, ROE -5847.81%, and ROCE -88.18%. Valuation offers no anchor: FairStock's P/E is -0.16, P/B is N/A, and there is no dividend. The 52-week range of $0.33 to $4.91 shows speculation. Only zero years of filed results are available, so the Lynch category is none; I lack the multi-year record I require. This may be a story with a small market value, but the numbers show a business consuming capital, not compounding it. Without evidence of pricing power, self-funding, and a path to profits, I see no margin of safety.

In plain English: Envirotech Vehicles makes zero-emission commercial vehicles such as vans, trucks, school buses, and forklifts for fleets and schools. The business looks weak: in 2026-Q2 it brought in $2.7 million of revenue but lost $6.6 million, and cash is going out the door. At $1.80 a share, the price does not look supported by profits or cash flow, so it looks speculative rather than cheap.

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Data as of 2026-07-20 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer