Envipco Holding (ENVI) AI Stock Analysis

Envipco Holding

(Amsterdam:ENVI)

Select Model

Rating:47Neutral

Price Target:EUR 3.50▼(-0.28% Downside)

Action:reiterated

Date:05/21/26

The score is held back primarily by weak cash flow, recent losses, and poor price momentum. The main offset is a comparatively solid balance sheet with moderate leverage, but that strength is not yet translating into acceptable profitability or cash generation.

Positive Factors

DRS-aligned business modelEnvipco's core offering—RVM hardware, software and services tied to deposit return schemes—matches a structural regulatory trend. This creates durable demand opportunities, recurring service lifecycles and customer stickiness with retailers and network operators over a multi-month horizon.

Negative Factors

Sharp revenue declineA steep TTM revenue collapse reverses prior growth and reduces scale benefits. Lower installations and reduced service volumes weaken fixed-cost absorption, hinder margin recovery, and raise execution risk. Sustained revenue weakness threatens the company's path back to profitability.

Envipco Holding (ENVI) vs. iShares MSCI Netherlands ETF (EWN)

Market Cap: EUR 231.98M
Dividend Yield: ―
Average Volume (3M): 74.59K
Price to Earnings (P/E): -16.0
Beta (1Y): 0.99
Revenue Growth: -14.60%
EPS Growth: -155.38%
Country: Netherlands
Employees: 597
Sector: General
Sector Strength: 55
Industry: Industrial - Pollution & Treatment Controls

Envipco Holding Business Overview & Revenue Model

Company Description

Envipco Holding N.V., along with its subsidiaries, is engaged in designing, developing, manufacturing, and either selling or leasing automated reverse vending machines (RVMs). These machines are primarily used for collecting and processing used bever...

How the Company Makes Money

Envipco makes money primarily by supplying reverse vending machines and related DRS-enabled systems to customers such as retailers, beverage-container return network operators, and other organizations that operate collection points. A core revenue st...

Envipco Holding Financial Statement Overview

Summary

The balance sheet is a relative strength with moderate leverage and growing equity, but this is offset by weak cash generation and a recent return to operating and net losses. Revenue has grown over the longer term, yet recent momentum has softened and profitability has deteriorated, making the overall financial profile mixed.

Income Statement

32Negative

Balance Sheet

68Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	91.51M	90.35M	117.85M	87.61M	56.37M	38.44M
Gross Profit	28.77M	29.80M	43.10M	30.27M	18.46M	13.41M
EBITDA	-7.50M	1.45M	12.84M	8.32M	1.62M	5.48M
Net Income	-14.12M	-10.76M	-643.00K	603.00K	-4.18M	586.00K
Balance Sheet
Total Assets	155.96M	158.47M	129.40M	98.40M	78.89M	51.70M
Cash, Cash Equivalents and Short-Term Investments	18.84M	59.86M	30.75M	12.46M	16.12M	3.06M
Total Debt	24.65M	25.47M	31.05M	20.10M	16.52M	8.02M
Total Liabilities	60.37M	55.32M	61.84M	56.42M	50.95M	21.21M
Stockholders Equity	95.55M	103.12M	67.53M	41.93M	27.90M	30.45M
Cash Flow
Free Cash Flow	-122.93M	-15.93M	-5.31M	-2.93M	-10.17M	-3.77M
Operating Cash Flow	-96.25M	-9.70M	1.22M	2.78M	-1.76M	497.00K
Investing Cash Flow	-37.35M	-8.95M	-8.00M	-7.41M	-8.41M	-4.61M
Financing Cash Flow	603.62M	48.28M	25.03M	986.00K	23.27M	6.13M

Envipco Holding Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

NL:ENVI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LSCC	67Neutral	$13.20B	351.49	4.93%	―	33.25%	15.45%
DSGR	58Neutral	$1.62B	185.77	1.37%	―	6.45%	108.40%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
NL:ENVI	47Neutral	EUR 235.80M	-15.98	―	―	-14.60%	-155.38%

* General Sector Average

Performance Comparison

NL:ENVI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
NL:ENVI	Envipco Holding NV Class B	3.51	-1.67	-32.24%
LSCC	Lattice Semiconductor Corporation	92.97	20.15	27.67%
DSGR	Distribution Solutions Group, Inc.	34.98	7.97	29.51%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: May 21, 2026

Envipco Holding AI Stock Analysis