Enviri (NVRI) AI Stock Analysis

• Market Cap: $1.48B
• Dividend Yield: N/A
• Average Volume (3M): 1.94M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• 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: 3,378,559
• 30 Day Avg. Volume: 1,944,947
• 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: -0.49% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.71
• Revenue Forecast (FY): $2.24B

• Rating: 55 Neutral
• Price Target: $18.00 ▼(-1.85% Downside)

Enviri's overall stock score reflects a mix of strong technical momentum and significant financial and operational challenges. While the technical indicators are positive, the company's financial performance and valuation are concerning, with negative profitability and high leverage. The earnings call provided some optimism with Clean Earth's performance, but challenges in other segments and lowered guidance weigh heavily on the outlook.

Positive Factors

Clean Earth Performance

The strong performance of Clean Earth, with high margins and growth, indicates a robust segment that can drive future profitability and stability for Enviri.

Strategic Review of Clean Earth

The strategic review of Clean Earth could unlock significant value, providing cash inflow and enhancing shareholder returns, supporting long-term financial health.

Harsco Environmental Improvement

Improved margins and cash flow in Harsco Environmental demonstrate operational efficiency and financial health, contributing positively to Enviri's overall performance.

Negative Factors

Harsco Rail Challenges

Persistent challenges in the Harsco Rail segment, including low demand, threaten Enviri's revenue stability and require strategic adjustments to mitigate long-term impacts.

High Leverage

Enviri's high leverage poses financial risk, limiting flexibility and increasing vulnerability to economic downturns, which could affect long-term sustainability.

Negative Free Cash Flow

The negative free cash flow growth indicates liquidity issues, constraining Enviri's ability to invest in growth opportunities and manage financial obligations effectively.

Enviri Business Overview & Revenue Model

Company Description

Enviri (NVRI) is a leading provider of environmental solutions and services dedicated to enhancing sustainability and compliance across various industries. The company operates primarily in the sectors of waste management, environmental remediation, and resource recovery, offering a range of core products and services including hazardous waste treatment, recycling services, and consulting on environmental regulations. Enviri focuses on helping businesses minimize their environmental impact while maximizing resource efficiency.

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: 18.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 18.34 is above the 20-day moving average (MA) of 14.15, above the 50-day MA of 13.08, and above the 200-day MA of 9.46, indicating a bullish trend. The MACD of 1.47 indicates Negative momentum. The RSI at 84.95 is Negative, neither overbought nor oversold. The STOCH value of 93.37 is Negative, 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	65 Neutral	$906.41M	―	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NVRI	55 Neutral	$1.48B	―	-38.53%	―	-2.91%	-67.18%
ESGL	52 Neutral	$158.48M	-58.67	-23.18%	―	―	―
PESI	47 Neutral	$237.71M	―	-23.26%	―	-9.64%	40.01%
LNZA	37 Underperform	$44.78M	-0.29	-696.09%	―	-31.28%	42.94%

Enviri Corporate Events

Enviri Corporation Reports Mixed Q3 2025 Results

Enviri Corporation, a global leader in environmental services, provides innovative solutions for waste management across various industries, operating in over 150 locations worldwide. In its third quarter of 2025, Enviri Corporation reported revenues of $575 million, with a GAAP consolidated loss from continuing operations amounting to $20 million and an adjusted EBITDA of $74 million. The company has amended its credit agreement to enhance financial flexibility and pursue strategic alternatives.

Enviri Corporation’s Earnings Call: Mixed Sentiments and Strategic Moves

The recent earnings call for Enviri Corporation presented a mixed sentiment, with notable achievements overshadowed by significant challenges. While Clean Earth demonstrated strong performance and strategic interest, the Harsco Rail segment faced considerable difficulties, leading to lowered guidance for both EBITDA and free cash flow.