Is EVI (EVI) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 23.0% / 30% | 3.1% / 30% | 22.4% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 23.0% / 33% | 3.1% / 33% | 22.4% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 21.1% / 33% | 2.9% / 33% | 20.5% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 23.0% / 33% | 3.1% / 33% | 22.4% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 21.1% / 33% | 2.9% / 33% | 20.5% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.8% | |
| Operating Margin | 3.7% | |
| Net Margin | 1.7% | |
| Return on Equity (ROE) | 5.2% | |
| Return on Assets (ROA) | 3.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $21M |
| Free Cash Flow | $16M |
| Total Debt | $65M |
| Debt-to-Equity | 49.5 |
| Current Ratio | 1.6 |
| Total Assets | $307M |
Price & Trading
| Last Close | $20.01 |
| 50-Day MA | $21.96 |
| 200-Day MA | $24.23 |
| Avg Volume | 27K |
| Beta | 0.1 |
|
52-Week Range
$14.99
| |
About EVI (EVI)
EVI Industries, Inc., through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment. It sells and/or leases commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. The company offers washroom, finishing, material handling, and mechanical equipment, such as washers and dryers, tunnel systems, and vended machines; finishing equipment, such as sheet feeders, flatwork ironers, automatic sheet folders, and stackers; and material handling equipment, including conveyor and rail systems. It also provides mechanical equipment, such as boilers, hot water/steam systems, air compressors, and power generation products, as well as water purification, reuse, and recycling systems used for temperature control, heating, pressing and de-wrinkling, sterilization, product sealing, and other purposes in the laundry and dry cleaning, healthcare, food and beverage, and other industrial markets. In addition, the company supplies related replacement parts and accessories, offers planning, designing, and consulting services related to customers' commercial laundry operations, and provides installation, maintenance, and repair services to government, institutional, industrial, commercial, and retail customers. It has operations in the United States, Canada, the Caribbean, and Latin America. The company was formerly known as EnviroStar, Inc. and changed its name to EVI Industries, Inc. in December 2018. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.
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Frequently Asked Questions
Is EVI (EVI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EVI is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is EVI's debt ratio?
EVI's debt ratio is 23.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 21.1%.
What are EVI's key financial metrics?
EVI has a market capitalization of $294M, trailing P/E ratio of 44.3, and revenue of $390M. The company maintains a gross margin of 30.8% and a net margin of 1.7%. Return on equity stands at 5.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.