Evolv Technologies Holdings Inc
NASDAQ:EVLV

Watchlist Manager
Evolv Technologies Holdings Inc Logo
Evolv Technologies Holdings Inc
NASDAQ:EVLV
Watchlist
Price: 2.49 USD -4.96% Market Closed
Market Cap: 392.3m USD
Have any thoughts about
Evolv Technologies Holdings Inc?
Write Note

Intrinsic Value

EVLV's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

The intrinsic value of one EVLV stock under the Base Case scenario is 3.7 USD. Compared to the current market price of 2.49 USD, Evolv Technologies Holdings Inc is Undervalued by 33%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

EVLV Intrinsic Value
3.7 USD
Undervaluation 33%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Evolv Technologies Holdings Inc

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for EVLV cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about EVLV?
Bearish
Neutral
Bullish
Discover Undervalued Stocks
Electrical Equipment Industry

Fundamental Analysis

Risks & Rewards

 

 

 

 

View All Risks & Rewards
Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Notes
AI Assistant
AI Assistant
Ask me anything about Evolv Technologies Holdings Inc

Provide an overview of the primary business activities
of Evolv Technologies Holdings Inc.

What unique competitive advantages
does Evolv Technologies Holdings Inc hold over its rivals?

What risks and challenges
does Evolv Technologies Holdings Inc face in the near future?

Has there been any significant insider trading activity
in Evolv Technologies Holdings Inc recently?

Summarize the latest earnings call
of Evolv Technologies Holdings Inc.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Evolv Technologies Holdings Inc.

Provide P/S
for Evolv Technologies Holdings Inc.

Provide P/E
for Evolv Technologies Holdings Inc.

Provide P/OCF
for Evolv Technologies Holdings Inc.

Provide P/FCFE
for Evolv Technologies Holdings Inc.

Provide P/B
for Evolv Technologies Holdings Inc.

Provide EV/S
for Evolv Technologies Holdings Inc.

Provide EV/GP
for Evolv Technologies Holdings Inc.

Provide EV/EBITDA
for Evolv Technologies Holdings Inc.

Provide EV/EBIT
for Evolv Technologies Holdings Inc.

Provide EV/OCF
for Evolv Technologies Holdings Inc.

Provide EV/FCFF
for Evolv Technologies Holdings Inc.

Provide EV/IC
for Evolv Technologies Holdings Inc.

Show me price targets
for Evolv Technologies Holdings Inc made by professional analysts.

What are the Revenue projections
for Evolv Technologies Holdings Inc?

How accurate were the past Revenue estimates
for Evolv Technologies Holdings Inc?

What are the Net Income projections
for Evolv Technologies Holdings Inc?

How accurate were the past Net Income estimates
for Evolv Technologies Holdings Inc?

What are the EPS projections
for Evolv Technologies Holdings Inc?

How accurate were the past EPS estimates
for Evolv Technologies Holdings Inc?

What are the EBIT projections
for Evolv Technologies Holdings Inc?

How accurate were the past EBIT estimates
for Evolv Technologies Holdings Inc?

Compare the revenue forecasts
for Evolv Technologies Holdings Inc with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Evolv Technologies Holdings Inc and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Evolv Technologies Holdings Inc against its competitors.

Analyze the profit margins
(gross, operating, and net) of Evolv Technologies Holdings Inc compared to its peers.

Compare the P/E ratios
of Evolv Technologies Holdings Inc against its peers.

Discuss the investment returns and shareholder value creation
comparing Evolv Technologies Holdings Inc with its peers.

Analyze the financial leverage
of Evolv Technologies Holdings Inc compared to its main competitors.

Show all profitability ratios
for Evolv Technologies Holdings Inc.

Provide ROE
for Evolv Technologies Holdings Inc.

Provide ROA
for Evolv Technologies Holdings Inc.

Provide ROIC
for Evolv Technologies Holdings Inc.

Provide ROCE
for Evolv Technologies Holdings Inc.

Provide Gross Margin
for Evolv Technologies Holdings Inc.

Provide Operating Margin
for Evolv Technologies Holdings Inc.

Provide Net Margin
for Evolv Technologies Holdings Inc.

Provide FCF Margin
for Evolv Technologies Holdings Inc.

Show all solvency ratios
for Evolv Technologies Holdings Inc.

Provide D/E Ratio
for Evolv Technologies Holdings Inc.

Provide D/A Ratio
for Evolv Technologies Holdings Inc.

Provide Interest Coverage Ratio
for Evolv Technologies Holdings Inc.

Provide Altman Z-Score Ratio
for Evolv Technologies Holdings Inc.

Provide Quick Ratio
for Evolv Technologies Holdings Inc.

Provide Current Ratio
for Evolv Technologies Holdings Inc.

Provide Cash Ratio
for Evolv Technologies Holdings Inc.

What is the historical Revenue growth
over the last 5 years for Evolv Technologies Holdings Inc?

What is the historical Net Income growth
over the last 5 years for Evolv Technologies Holdings Inc?

What is the current Free Cash Flow
of Evolv Technologies Holdings Inc?

Discuss the annual earnings per share (EPS)
trend over the past five years for Evolv Technologies Holdings Inc.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Evolv Technologies Holdings Inc

Current Assets 137.9m
Cash & Short-Term Investments 56.5m
Receivables 38.1m
Other Current Assets 43.3m
Non-Current Assets 130.6m
PP&E 122.2m
Other Non-Current Assets 8.4m
Current Liabilities 79.4m
Accounts Payable 5.6m
Accrued Liabilities 17.7m
Other Current Liabilities 56.2m
Non-Current Liabilities 36m
Other Non-Current Liabilities 36m
Efficiency

Earnings Waterfall
Evolv Technologies Holdings Inc

Revenue
89.2m USD
Cost of Revenue
-41.3m USD
Gross Profit
47.9m USD
Operating Expenses
-133m USD
Operating Income
-85.1m USD
Other Expenses
66m USD
Net Income
-19.1m USD

Free Cash Flow Analysis
Evolv Technologies Holdings Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

In Q2 2024, Evolv Express achieved record revenue of $25.5 million, a 29% increase year-over-year, driven by strong new customer growth and the expansion of existing accounts. They added 84 new customers, totaling over 800 clients. Annual recurring revenue surged to $89 million, up 64%. The company’s adjusted gross margin jumped to 58% from last year's 38%, thanks to a shift towards recurring revenue models. Their partnership with ASM Global doubled to 16 venues. Looking ahead, Evolv aims for a 25% revenue growth in 2024, reaching positive EBITDA by mid-2025, and continues to innovate with new subscription-based products.

What is Earnings Call?
Fundamental Scores

EVLV Profitability Score
Profitability Due Diligence

Evolv Technologies Holdings Inc's profitability score is 32/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Years Revenue Growth
Exceptional Revenue Growth Forecast
ROIC is Increasing
Positive Gross Profit
32/100
Profitability
Score

Evolv Technologies Holdings Inc's profitability score is 32/100. The higher the profitability score, the more profitable the company is.

EVLV Solvency Score
Solvency Due Diligence

Evolv Technologies Holdings Inc's solvency score is 51/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
Short-Term Solvency
Low Altman Z-Score
51/100
Solvency
Score

Evolv Technologies Holdings Inc's solvency score is 51/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

EVLV Price Targets Summary
Evolv Technologies Holdings Inc

Wall Street analysts forecast EVLV stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for EVLV is 5.14 USD with a low forecast of 3.54 USD and a high forecast of 6.3 USD.

Lowest
Price Target
3.54 USD
42% Upside
Average
Price Target
5.14 USD
107% Upside
Highest
Price Target
6.3 USD
153% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for EVLV?

Click here to dive deeper.

Dividends

Evolv Technologies Holdings Inc
does not pay dividends
Shareholder Yield

Current shareholder yield for EVLV is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
No dividends
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Ownership

EVLV Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Profile

Evolv Technologies Holdings Inc Logo
Evolv Technologies Holdings Inc

Country

United States of America

Industry

Electrical Equipment

Market Cap

392.1m USD

Dividend Yield

0%

Description

Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. The company is headquartered in Houston, Texas and currently employs 102 full-time employees. The company went IPO on 2020-02-29. The firm is a global artificial intelligence (AI)-based weapons detection for security screening. Its touchless security screening solutions use AI software, software as a service (SaaS) cloud services and advanced sensors to detect any weapons. The Company’s products include Evolv Express and Evolv Edge. Its Evolv Express product is a touchless security screening system designed to detect firearms, improvised explosive devices and tactical knives in unstructured people flows. Evolv Express supports a maximum screening throughput of over 3,600 people per hour. Evolv Edge product supports structured single-file people flows. The company provides maximum screening throughput of over 800 people per hour. Its subsidiaries include Evolv Technologies, Inc., Evolv Technology UK Ltd. and Give Evolv LLC.

Contact

TEXAS
Houston
12141 Wickchester Ln., Suite 325
+12126530153.0

IPO

2020-02-29

Employees

102

Officers

President, CEO & Director
Mr. Peter Gustav George
Chief Financial Officer
Mr. Mark Donohue
Chief Commercial Officer
Mr. Jay Muelhoefer
Co-Founder, Chief Innovation Officer & Director
Mr. Michael Philip Ellenbogen
Co-Founder & Chief Growth Officer
Mr. Anil R. Chitkara
Chief Scientist
Mr. Alec Rose
Show More
General Counsel & Secretary
Mr. Eric J. Pyenson Esq.
Chief Marketing Officer
Ms. Courtney Cunnane
Head of People
Ms. Liza Knapp
Chief Product Officer
Mr. Parag Vaish
Show Less

See Also

Discover More
What is the Intrinsic Value of one EVLV stock?

The intrinsic value of one EVLV stock under the Base Case scenario is 3.7 USD.

Is EVLV stock undervalued or overvalued?

Compared to the current market price of 2.49 USD, Evolv Technologies Holdings Inc is Undervalued by 33%.

Back to Top