Enviri (NVRI) AI Stock Analysis

• Market Cap: $983.10M
• Dividend Yield: N/A
• Average Volume (3M): 973.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.57
• Revenue Growth: -0.83%
• EPS Growth: -61.90%
• Country: US
• Employees: 12,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): -0.08
• Shares Outstanding: 80,647,980
• 10 Day Avg. Volume: 1,101,485
• 30 Day Avg. Volume: 973,480
• 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: 2.31
• Enterprise Value/Revenue: 1.01
• Enterprise Value/Gross Profit: 5.52
• Enterprise Value/Ebitda: 14.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.42
• Revenue Forecast (FY): $2.26B

• Rating: 47 Neutral
• Price Target: $11.50 ▼(-5.81% Downside)

Enviri's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, high leverage, and negative profitability. The technical analysis suggests a bearish trend, and the valuation metrics are unattractive due to a negative P/E ratio. While the earnings call provided some positive insights, particularly in the Environmental segment, the challenges in the Rail segment and the absence of a dividend yield weigh heavily on the stock's attractiveness.

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 streams, primarily by providing waste management and recycling services to industrial, commercial, and municipal clients. The company charges fees for the collection, processing, and disposal of waste, as well as for consulting services that help clients optimize their waste management practices. Key revenue streams include contracts with large corporations for waste services, government contracts for municipal waste management, and the sale of recycled materials. Additionally, partnerships with other environmental organizations and technology firms enhance Enviri's service offerings and contribute to its earnings by expanding its market reach and capabilities.

Enviri Financial Statement Overview

Summary

Enviri faces financial challenges with declining revenues, high leverage, and persistent net losses. While there are some positive aspects, such as EBITDA margins and operating cash flow, the overall financial health is concerning due to high debt levels and negative profitability metrics. The company needs to focus on improving revenue growth and managing debt to enhance financial stability.

Income Statement

Enviri's income statement shows a declining revenue trend with a negative revenue growth rate of -2.08% in the TTM period. The company has struggled with profitability, reflected in negative net profit margins and EBIT margins. Despite a positive EBITDA margin, the overall profitability is weak due to consistent net losses.

Balance Sheet

The balance sheet reveals high leverage with a debt-to-equity ratio of 4.30 in the TTM period, indicating significant reliance on debt financing. The return on equity is negative, suggesting inefficiencies in generating returns for shareholders. The equity ratio is low, highlighting potential financial instability.

Cash Flow

Cash flow analysis shows a positive operating cash flow, but free cash flow remains negative, indicating challenges in generating cash after capital expenditures. The free cash flow to net income ratio is negative, reflecting cash flow issues relative to net losses. However, there is a notable improvement in free cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.24B	2.34B	2.07B	1.89B	1.85B	1.86B
Gross Profit	411.85M	440.06M	435.56M	335.73M	357.84M	363.05M
EBITDA	152.64M	204.31M	266.23M	110.64M	256.90M	151.66M
Net Income	-157.41M	-127.97M	-86.12M	-180.07M	-3.25M	-26.34M
Balance Sheet
Total Assets	2.77B	2.65B	2.85B	2.79B	3.05B	2.99B
Cash, Cash Equivalents and Short-Term Investments	97.80M	88.36M	122.68M	81.33M	82.91M	76.45M
Total Debt	1.64B	1.53B	1.53B	1.46B	1.48B	1.39B
Total Liabilities	2.35B	2.20B	2.28B	2.17B	2.25B	2.28B
Stockholders Equity	376.27M	411.45M	523.15M	569.44M	748.16M	657.15M
Cash Flow
Free Cash Flow	-70.48M	-58.53M	-25.08M	13.18M	-86.49M	-66.72M
Operating Cash Flow	66.25M	78.06M	114.45M	150.53M	72.20M	53.82M
Investing Cash Flow	-76.09M	-34.07M	-116.58M	-99.06M	-124.45M	-520.64M
Financing Cash Flow	19.18M	-63.40M	43.12M	-42.78M	60.24M	486.96M

Enviri Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.21
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVRI, the sentiment is Neutral. The current price of 12.21 is below the 20-day moving average (MA) of 12.54, above the 50-day MA of 12.20, and above the 200-day MA of 9.06, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 47.64 is Neutral, neither overbought nor oversold. The STOCH value of 29.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NVRI.

Enviri Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEG	65 Neutral	$915.95M	―	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PESI	59 Neutral	$237.71M	―	-34.16%	―	-16.87%	-124.96%
ESGL	57 Neutral	$158.48M	-58.67	-23.18%	―	―	―
NVRI	47 Neutral	$983.10M	―	-35.66%	―	-0.83%	-61.90%
LNZA	39 Underperform	$44.78M	-0.29	-490.45%	―	-40.11%	-36.69%

Enviri Corporate Events

Enviri Corporation Reports Q2 2025 Financial Results

Enviri Corporation is a global leader in environmental services, providing innovative solutions for recycling and reusing waste streams to help customers achieve sustainability goals. The company operates in more than 150 locations across over 30 countries. In the second quarter of 2025, Enviri Corporation reported revenues of $562 million and a GAAP consolidated loss from continuing operations of $46 million. The adjusted EBITDA for the quarter was $65 million, with Clean Earth achieving record earnings despite challenges in other segments. Key financial metrics for the quarter included a diluted loss per share of $0.58 on a GAAP basis, with an adjusted loss per share of $0.22. The company saw a decline in revenues compared to the previous year, primarily due to divestitures and lower performance in Harsco Rail. Enviri’s management noted strong performance in Clean Earth and consistent results in Harsco Environmental, while Harsco Rail faced weak demand and operational challenges. Looking ahead, Enviri Corporation plans to continue executing its strategic priorities and is exploring strategic alternatives to unlock shareholder value. The company’s outlook for 2025 reflects a cautious view on Harsco Rail, with expectations for adjusted EBITDA between $290 million and $310 million.

Enviri Corporation’s Mixed Earnings Call Highlights

Enviri Corporation’s recent earnings call presented a mixed outlook, reflecting both resilience and challenges across its various segments. Clean Earth demonstrated growth and resilience, while the Rail segment grappled with significant demand and operational hurdles. Meanwhile, Harsco Environmental managed to control costs effectively despite facing market softness. The strategic review of options indicates that the company is taking proactive steps to unlock value amidst these mixed performances.

Enviri Evaluates Strategic Alternatives for Shareholder Value

On August 5, 2025, Enviri Corporation announced that its Board of Directors has authorized a formal process to evaluate strategic alternatives to enhance shareholder value. The company reported a second quarter 2025 revenue of $562 million, with a GAAP consolidated loss from continuing operations of $46 million. Despite challenges in the Harsco Rail segment due to weak demand and global trade tensions, Clean Earth achieved record earnings, and Harsco Environmental maintained consistent performance. The company revised its 2025 guidance, reflecting a cautious outlook for Harsco Rail, and emphasized its commitment to strategic priorities.

The most recent analyst rating on (NVRI) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Enviri stock, see the NVRI Stock Forecast page.