Michael Steiner - EVI Industries President

EVI Stock  USD 20.08  1.08  5.68%   

President

Mr. Michael S. Steiner is Chief Operating Officer, Executive Vice President, Director of the Company. He has served as a director of the Company since 1998 and as Executive Vice President and Chief Operating Officer of the Company since March 2015. He served as the Companys Chairman from December 2012 through March 2015. He also served as Chief Executive Officer and President of the Company from November 1998, when the Company acquired SteinerAtlantic Corporationration, a wholly owned operating subsidiary of the Company, through March 2015 since 2018.
Age 63
Tenure 6 years
Address 4500 Biscayne Blvd., Miami, FL, United States, 33137
Phone305 402 9300
Webhttps://www.evi-ind.com
Steiner was President and Chief Executive Officer of SteinerAtlantic since 1988. The Board believes that, based on his positions with the Company and SteinerAtlantic, Mr. Steiner provides the Board with a deep understanding of the Company’s operations, products, customers, suppliers and employees, in addition to the Company’s challenges, needs, opportunities and strategies. The Board also believes that it benefits from Mr. Steiner’s understanding of finance, law and taxation gained through his BSs degree in finance, Juris Doctor degree and Masters of Law degree in taxation.

Michael Steiner Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Steiner against EVI Industries stock is an integral part of due diligence when investing in EVI Industries. Michael Steiner insider activity provides valuable insight into whether EVI Industries is net buyers or sellers over its current business cycle. Note, EVI Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell EVI Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

EVI Industries Management Efficiency

The company has Return on Asset of 0.0354 % which means that on every $100 spent on assets, it made $0.0354 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0563 %, implying that it generated $0.0563 on every 100 dollars invested. EVI Industries' management efficiency ratios could be used to measure how well EVI Industries manages its routine affairs as well as how well it operates its assets and liabilities. The EVI Industries' current Return On Tangible Assets is estimated to increase to 0.04. The EVI Industries' current Return On Capital Employed is estimated to increase to 0.10. As of now, EVI Industries' Total Current Assets are increasing as compared to previous years. The EVI Industries' current Intangible Assets is estimated to increase to about 23.1 M, while Debt To Assets are projected to decrease to 0.07.
EVI Industries has 21.86 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. EVI Industries has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for EVI to invest in growth at high rates of return.

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EVI Industries, Inc., through its subsidiaries, distributes, sells, rents, and leases commercial and industrial laundry and dry-cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, and Latin America. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida. Evi Industries operates under Industrial Distribution classification in the United States and is traded on AMEX Exchange. It employs 640 people. EVI Industries (EVI) is traded on NYSE MKT Exchange in USA. It is located in 4500 Biscayne Blvd., Miami, FL, United States, 33137 and employs 800 people. EVI Industries is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

EVI Industries Leadership Team

Elected by the shareholders, the EVI Industries' board of directors comprises two types of representatives: EVI Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EVI. The board's role is to monitor EVI Industries' management team and ensure that shareholders' interests are well served. EVI Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EVI Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Dennis Diaz, Director Marketing
Dennis Mack, Executive Vice President - Corporate Strategy, Director
Robert Lazar, Chief Financial Officer, Chief Accounting Officer, Vice President - Finance
Alan Grunspan, Independent Director
David Blyer, Independent Director
Hal Lucas, Independent Director
Timothy Lamacchia, Independent Director
Glen Kruger, Independent Director
Henry Nahmad, Chairman of the Board, President, Chief Executive Officer
Todd Oretsky, Independent Director
Michael Steiner, Chief Operating Officer, Executive Vice President, Director
Thomas Marks, Executive Vice President - Business Development
Lloyd Frank, Secretary
Peter Limoncelli, President Operation

EVI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EVI Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EVI Industries. If investors know EVI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EVI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.34
Earnings Share
0.49
Revenue Per Share
28.33
Quarterly Revenue Growth
0.063
Return On Assets
0.0354
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.