EverCommerce Inc.

EverCommerce Inc.

EVCMยทNASDAQ

$9.43

-16%
TechnologySoftware - Infrastructure

EverCommerce Inc., together with its subsidiaries, engages in providing integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software, including route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions that comprise e-invoicing, mobile payments, and integrated payment processing; customer engagement applications, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation. It also provides EverPro suite of solutions in home services; EverHealth suite of solutions within health services; and EverWell suite of solutions in fitness and wellness services. In addition, the company offers professional services, including implementation, configuration, installation, or training services. It serves home service professionals, such as home improvement contractors and home maintenance technicians; physician practices and therapists in the health services industry; and personal trainers and salon owners in the fitness and wellness sectors. The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. The company was incorporated in 2016 and is headquartered in Denver, Colorado.

At a Glance

Live Snapshot
Market Cap$1.67B
EPS0.0970
P/E Ratio97.22
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 97.2).

Valuation inputs: P/E 97.2, earnings yield +1.0%, momentum -16.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +2.5%, ROIC +4.0%).

Profitability stack: net margin +3.0%, ROE +2.5%, ROIC +4.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +47.7%, momentum -16.2%, net margin +3.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

evcm

EverCommerce Inc. Market vs Earnings Trajectory

EVCM ยท NASDAQ

Loading price and EPS data...

EverCommerce Inc.

EverCommerce Inc. Fair Value Envelope

EVCM ยท NASDAQ

Our analysis suggests that EVCM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.43, this represents a potential HIDDEN relative to our calculated worth for EverCommerce Inc..

Intrinsic Value
Current Price: $9.43
3Y-131.0%
5Y-131.0%
10Y-120.0%
3Y-5.0%
5Y+74.0%
10Y+143.0%
3Y-129.0%
5Y-129.0%
10Y-119.0%
3Y+72.0%
5Y+94.0%
10Y-18282.0%
3Y+134.0%
5Y+146.0%
10Y-884.0%
3Y-14.0%
5Y+3.0%
10Y+49.0%
EverCommerce Inc.

EverCommerce Inc. Profit Bridge

EVCM ยท NASDAQ
Revenue588.91M
Cost of Goods Sold (132.06M)
Gross Profit456.84M
Operating Expenses (397.59M)
Operating Income59.25M
Interest Expense (38.09M)
Other Income/Expense-38.18M
Pretax Income21.16M
Income Tax (2.96M)
Net Income17.60M
Net Income
17.60M

Profitability Analysis

Gross Margin

77.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

10.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.0%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

14.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

77.57%
Gross Profit Margin
15%
3Y+19.0%
5Y+18.0%
10Y+11.0%
10.06%
Operating Profit Margin
27770%
3Y-304.0%
5Y-254.0%
10Y-145.0%
2.99%
Net Profit Margin
-151%
3Y-131.0%
5Y-117.0%
10Y-108.0%
2.46%
Return on Equity
-145%
3Y-137.0%
5Y-121.0%
10Y-111.0%
1.28%
Return on Assets
-144%
3Y-134.0%
5Y-128.0%
10Y-113.0%
3.98%
Return on Invested Capital
20742%
3Y-309.0%
5Y-339.0%
10Y-175.0%
EVCM

EverCommerce Inc. Cash Conversion Engine

EVCM ยท NASDAQ
Net Income17.60M
Depreciation & Amortization68.42M
Stock-Based Compensation28.43M
Change in Working Capital-25.65M
Others22.79M
Capital Expenditures-2.23M
Free Cash Flow109.23M

Cash Flow Quality Analysis

FCF Conversion Rate

620.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

2.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+15.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$25.65M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

evcm

EverCommerce Inc. Funding & Solvency Profile

EVCM ยท NASDAQ
Cash & Cash Equivalents129.32M
Net Receivables38.47M
Inventory0.00
Other Current Assets48.01M
Total Current Assets216 M
Property, Plant & Equipment6.04M
Goodwill & Intangible Assets1.05B
Long-Term Investments0.00
Other Non-Current Assets100.37M
Total Non-Current Assets106 M
Total Assets
1.37B

Financial Health Analysis

Current Ratio

2.08x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.92x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

112 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

16% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

evcm

EverCommerce Inc. Street Expectations Map

EVCM ยท NASDAQ

Wall Street analysts project that EVCM stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 13.50, with estimates ranging from a low of 13.00 to a high of 14.00.

Lowest Target
13.00
37.86%
Consensus Target
13.50
43.16%
Highest Target
14.00
48.46%

The consensus 1-year price target stands at 13.50, with estimates ranging from a low of 13.00 to a high of 14.00.

Analyst Consensus Analysis

Upside Potential

+43.2%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

7.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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EverCommerce Inc. Insider Positioning

EVCM ยท NASDAQ

During the last 12 months, insiders have sold $14.61M worth of EVCM shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

304.4K

3.41M

Net Activity

-3.4M

-$3.41M

3-6 Months

Bought

0

0.00

Sold

367.1K

4.19M

Net Activity

-4.2M

-$4.19M

6-9 Months

Bought

0

0.00

Sold

290.5K

3.17M

Net Activity

-3.2M

-$3.17M

9-12 Months

Bought

0

0.00

Sold

351.1K

3.84M

Net Activity

-3.8M

-$3.84M

Top Buyers

No buying activity

Top Sellers

1
RER

Remer Eric Richard

Director, Officer: Chief Executive Officer

941.8K sharesโ€ข95 transactions

$10.43M

2
FMD

Feierstein Matthew David

Officer: President

313.5K sharesโ€ข31 transactions

$3.52M

3
SLE

Storey Lisa E

Officer: Chief Legal Officer

33.5K sharesโ€ข9 transactions

$382K

4
SRH

Siurek Ryan H

Officer: Chief Financial Officer

24.2K sharesโ€ข7 transactions

$275K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $14.61M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$3.41M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

EVCM has not reported any dividend yield values in the available annual periods.

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evcm Dividend History

EVCM
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%