Enviri (NVRI) AI Stock Analysis

• Market Cap: $1.48B
• Dividend Yield: N/A
• Average Volume (3M): 2.29M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: -2.91%
• EPS Growth: -67.18%
• Country: US
• Employees: 12,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): -0.08
• Shares Outstanding: 80,652,664
• 10 Day Avg. Volume: 1,941,442
• 30 Day Avg. Volume: 2,291,680
• PEG Ratio: -0.10
• Price to Book (P/B): 1.50
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -10.54
• Enterprise Value/Market Cap: 1.76
• Enterprise Value/Revenue: 1.16
• Enterprise Value/Gross Profit: 6.29
• Enterprise Value/Ebitda: 18.60
• 1Y Price Target: $18.25
• Price Target Upside: -0.11% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.71
• Revenue Forecast (FY): $2.24B

• Rating: 56 Neutral
• Price Target: $18.50 ▲(1.26% Upside)

Enviri's overall stock score is primarily impacted by its financial challenges, including negative profitability and high leverage. While technical indicators show strong momentum, overbought conditions suggest caution. The valuation is weak due to negative earnings, but the strategic sale of Clean Earth provides a positive outlook for shareholder value.

Positive Factors

Strategic Sale of Clean Earth

The sale of Clean Earth is expected to maximize shareholder value and enhance operational flexibility, providing significant cash inflow and reducing debt.

Strong Performance in Clean Earth

Clean Earth's strong performance and strategic interest highlight its robust market position and potential for future growth, enhancing Enviri's overall business strength.

Leadership Transition

The leadership transition with Russell Hochman as CEO of New Enviri is expected to drive strategic execution and operational efficiency in the new entity.

Negative Factors

High Leverage

High leverage indicates potential financial risk, limiting financial flexibility and potentially impacting long-term stability and growth opportunities.

Negative Profitability

Negative profitability metrics highlight operational inefficiencies, which could hinder the company's ability to invest in growth and maintain competitive advantage.

Cash Flow Challenges

Challenges in cash flow generation indicate potential liquidity issues, affecting the company's ability to fund operations and strategic initiatives.

Enviri Business Overview & Revenue Model

Company Description

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Harsco Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and produces value-added downstream products from industrial waste-stream. The Harsco Clean Earth segment provides specialty waste processing, treatment, and recycling and beneficial reuse solutions for waste needs, such as hazardous, non-hazardous, and contaminated soils and dredged materials. The company was formerly known as Harsco Corporation and changed its name to Enviri Corporation in June 2023. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania.

How the Company Makes Money

Enviri generates revenue through multiple key streams, including service fees from waste management and treatment operations, consulting fees for environmental compliance and strategy services, and sales from recycled materials. The company has established significant partnerships with industrial clients, municipalities, and regulatory agencies, which help secure long-term contracts and recurring revenue. Additionally, Enviri benefits from regulatory incentives for environmental compliance, which can enhance its earnings through increased demand for its sustainable services.

Enviri Financial Statement Overview

Summary

Enviri faces significant financial challenges with negative profitability and cash flow metrics. Despite some revenue growth, high leverage and operational inefficiencies are concerning, necessitating improvements in financial structure for stability.

Income Statement

Enviri's income statement shows mixed results. The company has experienced a modest revenue growth rate of 5.3% TTM, but profitability remains a challenge with a negative net profit margin of -7.02% and a negative EBIT margin of -1.12%. The gross profit margin is relatively stable at 18.36%, indicating some efficiency in managing production costs. However, the negative net income and declining EBIT suggest operational challenges.

Balance Sheet

The balance sheet reveals significant leverage with a high debt-to-equity ratio of 4.37 TTM, indicating potential financial risk. The return on equity is negative at -37.46%, reflecting the company's struggle to generate profits from shareholders' equity. The equity ratio stands at 12.93%, suggesting a low proportion of equity financing compared to total assets, which could be a concern for financial stability.

Cash Flow

Cash flow analysis indicates challenges with a negative free cash flow growth rate of -60.82% TTM and a free cash flow to net income ratio of -1.06. The operating cash flow to net income ratio is 0.11, showing limited cash generation relative to net income. These metrics highlight potential liquidity issues and the need for improved cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.24B	2.34B	2.37B	2.13B	1.85B	1.53B
Gross Profit	413.44M	440.06M	449.89M	338.06M	357.84M	291.74M
EBITDA	139.89M	190.35M	225.78M	72.76M	267.41M	219.73M
Net Income	-166.56M	-127.97M	-86.12M	-180.07M	-3.25M	-26.34M
Balance Sheet
Total Assets	2.79B	2.65B	2.85B	2.79B	3.05B	2.99B
Cash, Cash Equivalents and Short-Term Investments	115.36M	88.36M	124.61M	81.33M	82.91M	76.45M
Total Debt	1.67B	1.58B	1.54B	1.46B	1.48B	1.38B
Total Liabilities	2.39B	2.20B	2.28B	2.17B	2.25B	2.28B
Stockholders Equity	361.08M	411.45M	523.15M	569.44M	748.16M	657.15M
Cash Flow
Free Cash Flow	-27.86M	-59.84M	-25.08M	13.18M	-86.49M	-66.41M
Operating Cash Flow	99.30M	78.06M	114.45M	150.53M	72.20M	53.82M
Investing Cash Flow	-102.87M	-34.07M	-116.58M	-99.06M	-124.45M	-520.64M
Financing Cash Flow	25.54M	-63.40M	44.77M	-42.78M	60.24M	486.96M

Enviri Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVRI, the sentiment is Positive. The current price of 18.27 is above the 20-day moving average (MA) of 18.17, above the 50-day MA of 15.02, and above the 200-day MA of 10.34, indicating a bullish trend. The MACD of 0.89 indicates Positive momentum. The RSI at 74.88 is Negative, neither overbought nor oversold. The STOCH value of 70.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NVRI.

Enviri Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEG	69 Neutral	$920.90M	-27.66	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PESI	60 Neutral	$240.17M	-19.42	-23.26%	―	-9.64%	40.01%
NVRI	56 Neutral	$1.48B	-8.82	-38.53%	―	-2.91%	-67.18%
ESGL	52 Neutral	$167.26M	-61.92	-23.18%	―	―	―
LNZA	40 Underperform	$31.14M	-0.35	-696.09%	―	-31.28%	42.94%

Enviri Corporate Events

Enviri Announces Sale of Clean Earth Business

On November 20, 2025, Enviri Corporation announced a definitive agreement to sell its Clean Earth business to Veolia Environnement S.A. for $3.04 billion. The transaction includes a taxable spin-off of Enviri’s Harsco Environmental and Rail businesses into a new publicly traded company, New Enviri. Enviri shareholders will receive cash consideration of $14.50 to $16.50 per share and 0.33 shares of New Enviri for each Enviri share held. The transaction, expected to close in mid-2026, aims to maximize shareholder value and enhance New Enviri’s operational and financial flexibility. Russell Hochman will become CEO of New Enviri, leading its strategic execution.