Market Summary
USD8.76+0.22
Market Closed2.58%
EVA Stock Price
EVA RSI Chart
EVA Valuation
EVA Price/Sales (Trailing)
EVA Profitability
EVA Fundamentals
EVA Revenue
EVA Earnings
Price Action
52 Week Range
6.6975.69
(Low)(High)
Last 7 days
-7.3%
Last 30 days
-59.3%
Last 90 days
-76.8%
Trailing 12 Months
-88.0%
EVA Financial Health
EVA Investor Care
Peers (Alternatives to Enviva)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
XOM | 420.6B | 409.7B | -12.08% | 9.35% | 6.82 | 1.03 | 29.26% | 139.20% |
CVX | 330.3B | 246.3B | -9.17% | -11.89% | 9.31 | 1.34 | 51.57% | 126.98% |
COP | 133.7B | 78.4B | -1.64% | -8.05% | 7.16 | 1.63 | 37.32% | 23.22% |
MPC | 63.5B | 176.6B | -11.65% | 6.88% | 4.37 | 0.35 | 29.47% | 51.45% |
ET | 40.6B | 88.4B | -3.03% | 14.51% | 8.97 | 1.48 | 24.63% | 33.29% |
| MID-CAP | ||||||||
PAA | 9.4B | 56.0B | 3.95% | 21.35% | 7.41 | 0.17 | 18.15% | 255.31% |
DCP | 8.2B | 14.3B | 0.27% | 17.84% | 9.89 | 0.59 | 21.93% | 146.67% |
NFE | 5.4B | 2.4B | -12.68% | -44.68% | 55.39 | 2.22 | 45.18% | -74.31% |
EVA | 3.1B | 1.1B | -59.26% | -88.01% | -28.22 | 3.06 | 9.36% | -90.80% |
ARLP | 3.1B | 2.6B | -15.65% | -7.83% | 10.03 | 1.57 | 52.35% | 284.31% |
BTU | 2.7B | 5.7B | -22.98% | -26.38% | 2.02 | 0.47 | 68.37% | 255.17% |
ARCH | 1.9B | 3.7B | -11.76% | -35.88% | 1.55 | 0.52 | 37.09% | 101.31% |
| SMALL-CAP | ||||||||
UEC | 929.7M | 115.2M | -4.60% | -35.82% | 45.77 | 8.07 | - | 261.37% |
UUUU | 900.4M | 12.5M | - | -14.01% | -15.02 | 71.94 | 293.06% | -4239.78% |
Financials for Enviva
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 3.3% | 1,130,376,000 | 1,094,276,000 | 1,133,157,000 | 1,044,895,000 | 1,033,616,000 |
| EBITDA | 97.6% | -1,787,000 | -73,194,000 | -80,110,000 | - | - |
| EBITDA Margin | -100.4% | -0.08 | 21.67 | - | - | - |
| Earnings Before Taxes | -43.1% | -237,430,000 | -165,874,000 | -254,218,000 | -236,068,000 | -206,055,000 |
| EBT Margin | -13.3% | -0.23 | -0.20 | - | - | - |
| Interest Expenses | 18.8% | 85,008,000 | 71,585,000 | 69,768,000 | 61,688,000 | 60,376,000 |
| Net Income | -42.5% | -239,904,000 | -168,307,000 | -110,663,000 | -128,230,000 | -125,739,000 |
| Net Income Margin | -46.2% | -0.09 | -0.06 | - | - | - |
| Free Cahsflow | -2.2% | -306,614,000 | -300,117,000 | -454,527,000 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -0.3% | 2,545 | 2,551 | 2,267 | 2,056 | 1,929 |
| Current Assets | -1.0% | 366 | 370 | 234 | 227 | 168 |
| Cash Equivalents | 6378.6% | 221 | 3.00 | 8.00 | 13.00 | 5.00 |
| Inventory | 16.9% | 186 | 159 | 86.00 | 74.00 | 66.00 |
| Net PPE | 0.9% | 1,599 | 1,585 | 1,567 | 1,552 | 1,536 |
| Goodwill | 0.0% | 104 | 104 | 104 | 104 | 104 |
| Liabilities | -4.3% | 2,167 | 2,265 | 1,886 | 1,622 | 1,428 |
| Current Liabilities | -0.1% | 457 | 458 | 215 | 235 | 212 |
| Long Term Debt | -10.9% | 1,400 | 1,572 | 1,505 | 1,220 | 1,058 |
| Shareholder's Equity | -61.5% | 129 | 335 | 429 | 434 | 501 |
| Retained Earnings | -69.5% | -285 | -168 | -90.90 | -72.64 | -45.31 |
| Additional Paid-In Capital | -8.2% | 462 | 503 | 520 | 554 | 594 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 84.3% | -13.97 | -88.77 | -50.52 | -97.67 | -7.96 |
| Share Based Compensation | 11.9% | 61.00 | 54.00 | 64.00 | 61.00 | 58.00 |
| Cashflow From Investing | -6.3% | -236 | -222 | -254 | -280 | -312 |
| Cashflow From Financing | -14.2% | 467 | 544 | 199 | 261 | 161 |
Risks for EVA
What is the probability of a big loss on EVA?
75.7%
Probability that Enviva stock will be more than 20% underwater in next one year
68.9%
Probability that Enviva stock will be more than 30% underwater in next one year.
46.0%
Probability that Enviva stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does EVA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Enviva was unfortunately bought at previous high price.
Drawdowns
Returns for EVA
Cumulative Returns on EVA
Which funds bought or sold EVA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-25 | Legato Capital Management LLC | sold off | -100 | -451,198 | - | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 23.47 | -3,627,800 | 7,471,200 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 15.72 | -311,000 | 529,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -45.25 | -1,426,000 | 606,000 | -% |
2023-05-18 | Harvest Portfolios Group Inc. | added | 39.34 | -179,096 | 566,192 | 0.03% |
2023-05-17 | B. Riley Wealth Advisors, Inc. | reduced | -64.64 | -1,535,960 | 366,867 | 0.01% |
2023-05-17 | Advisory Services Network, LLC | added | 279 | 51,012 | 98,638 | -% |
2023-05-16 | JANE STREET GROUP, LLC | added | 1,527 | 3,168,960 | 3,571,470 | -% |
2023-05-16 | Apollon Wealth Management, LLC | added | 54.64 | -105,993 | 569,745 | 0.04% |
2023-05-16 | Rockefeller Capital Management L.P. | sold off | -100 | -219,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Enviva News
Schedule 13G FIlings of Enviva
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 03, 2023 | riverstone echo continuation holdings, l.p. | 45.3% | 32,416,420 | SC 13D/A | |
| Mar 02, 2023 | inclusive capital partners, l.p. | 8.5% | 5,750,457 | SC 13D/A | |
| Feb 13, 2023 | capital international investors | 6.7% | 4,507,721 | SC 13G | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Mar 08, 2022 | inclusive capital partners, l.p. | 7.8% | 5,217,550 | SC 13D/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G | |
| Jan 10, 2022 | riverstone echo continuation holdings, l.p. | 0% | 0 | SC 13D/A | |
| Jan 04, 2022 | inclusive capital partners, l.p. | 9.4% | 5,716,862 | SC 13D/A | |
| Oct 22, 2021 | enviva cottondale acquisition i, llc | 45.4% | 27,690,475 | SC 13D/A | |
| Jun 10, 2021 | inclusive capital partners, l.p. | 12.9% | 5,713,987 | SC 13D/A |
EVA Fair Value
Recent SEC filings of Enviva
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 26, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 10, 2023 | 4 | Insider Trading | |
| May 10, 2023 | 4 | Insider Trading | |
| May 09, 2023 | 4 | Insider Trading | |
| May 09, 2023 | 8-K | Current Report | |
| May 05, 2023 | 8-K | Current Report | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 04, 2023 | 10-Q | Quarterly Report |
Latest Insider Trading transactions for EVA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-25 | BUMGARNER JOHN C JR | bought | 850,000 | 8.5 | 100,000 | - |
2023-05-19 | BUMGARNER JOHN C JR | bought | 166,600 | 8.33 | 20,000 | - |
2023-05-09 | Alexander Ralph | bought | 98,699 | 9.08 | 10,870 | - |
2023-05-08 | Coscio Mark A | bought | 104,500 | 10.45 | 10,000 | evp and cdo |
2023-05-08 | BUMGARNER JOHN C JR | bought | 1,022,000 | 10.22 | 100,000 | - |
2023-05-05 | BUMGARNER JOHN C JR | bought | 850,404 | 8.50404 | 100,000 | - |
2023-05-05 | Lansing Gerrit Livingston Jr. | bought | 38,250 | 7.65 | 5,000 | - |
2023-05-05 | WHITLOCK GARY L | bought | 229,320 | 8.82 | 26,000 | - |
2023-04-26 | UBBEN JEFFREY W | acquired | - | - | 1,526 | - |
2023-04-26 | Zlotnicka Eva T. | acquired | - | - | 1,709 | - |
Enviva Inc. produces and sells utility-grade wood pellets. The company's products are used as a substitute for coal in power generation, and combined heat and power plants. It serves power generators in the United Kingdom, Europe, and Japan. The company was formerly known as Enviva Partners, LP. Enviva Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland.
EVA Income Statement
2023-03-31Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Net revenue | $ 269,082 | $ 232,982 |
| Operating costs and expenses: | ||
| Cost of goods sold, excluding items below | 253,215 | 211,036 |
| Loss on disposal of assets | 3,629 | 901 |
| Selling, general, administrative, and development expenses | 30,954 | 33,691 |
| Depreciation and amortization | 34,674 | 22,559 |
| Total operating costs and expenses | 322,472 | 268,187 |
| Loss from operations | (53,390) | (35,205) |
| Other (expense) income: | ||
| Interest expense | (23,393) | (9,970) |
| Interest expense on repurchase accounting | (40,373) | 0 |
| Total interest expense | (63,766) | (9,970) |
| Other income (expense), net | 309 | (116) |
| Total other expense, net | (63,457) | (10,086) |
| Net loss before income taxes | (116,847) | (45,291) |
| Income tax expense | 12 | 16 |
| Net loss | (116,859) | (45,307) |
| Less net (income) attributable to noncontrolling interests | (40) | 0 |
| Net loss attributable to Enviva Inc. | $ (116,899) | $ (45,307) |
| Loss per common share: | ||
| Basic and diluted (in dollars per share) | $ (0.71) | |
| Weighted-average number of shares outstanding: | ||
| Basic and diluted (in shares) | 67,363,000 | 65,028,000 |
| Product sales | ||
| Net revenue | $ 260,248 | $ 230,912 |
| Other revenue | ||
| Net revenue | $ 8,834 | $ 2,070 |
EVA Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 5,275 | $ 3,417 |
| Accounts receivable | 128,737 | 169,847 |
| Other accounts receivable | 14,255 | 8,950 |
| Inventories | 185,746 | 158,884 |
| Short-term customer assets | 23,987 | 21,546 |
| Prepaid expenses and other current assets | 8,499 | 7,695 |
| Total current assets | 366,499 | 370,339 |
| Property, plant, and equipment, net | 1,598,543 | 1,584,875 |
| Operating lease right-of-use assets | 100,764 | 102,623 |
| Goodwill | 103,928 | 103,928 |
| Long-term restricted cash | 216,099 | 247,660 |
| Long-term customer assets | 117,656 | 118,496 |
| Other long-term assets | 41,242 | 23,519 |
| Total assets | 2,544,731 | 2,551,440 |
| Current liabilities: | ||
| Accounts payable | 24,646 | 37,456 |
| Accrued and other current liabilities | 133,395 | 146,497 |
| Customer liabilities | 36,828 | 75,230 |
| Current portion of interest payable | 16,908 | 32,754 |
| Current portion of long-term debt and finance lease obligations | 15,313 | 20,993 |
| Deferred revenue | 48,972 | 32,840 |
| Financial liability pursuant to repurchase accounting | 180,954 | 111,913 |
| Total current liabilities | 457,016 | 457,683 |
| Long-term debt and finance lease obligations | 1,393,076 | 1,571,766 |
| Long-term operating lease liabilities | 113,159 | 115,294 |
| Deferred tax liabilities, net | 2,104 | 2,107 |
| Long-term deferred revenue | 129,689 | 41,728 |
| Other long-term liabilities | 72,177 | 76,106 |
| Total liabilities | 2,167,221 | 2,264,684 |
| Commitments and contingencies | ||
| Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests | 248,589 | 0 |
| Shareholders’ equity: | ||
| Common stock, $0.001 par value, 600,000,000 shares authorized, 67,727,662 and 66,966,092 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively | 68 | 67 |
| Additional paid-in capital | 461,576 | 502,554 |
| Accumulated deficit | (285,206) | (168,307) |
| Accumulated other comprehensive income | 198 | 197 |
| Equity, Attributable to Parent, Total | 176,636 | 334,511 |
| Noncontrolling interests | (47,715) | (47,755) |
| Total shareholders’ equity | 128,921 | 286,756 |
| Total liabilities, Mezzanine equity, and shareholders’ equity | $ 2,544,731 | $ 2,551,440 |