Perma-Fix (PESI) AI Stock Analysis

• Market Cap: $190.35M
• Dividend Yield: N/A
• Average Volume (3M): 168.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.76
• Revenue Growth: -28.62%
• EPS Growth: -543.45%
• Country: US
• Employees: 293
• Sector: Industrials
• Sector Strength: 87
• Industry: Waste Management
• EPS (TTM): -0.19
• Shares Outstanding: 18,444,572
• 10 Day Avg. Volume: 125,950
• 30 Day Avg. Volume: 168,481
• PEG Ratio: 0.03
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -29.75
• Enterprise Value/Market Cap: 0.24
• Enterprise Value/Revenue: 0.18
• Enterprise Value/Gross Profit: 37.44
• Enterprise Value/Ebitda: -1.13
• 1Y Price Target: $18.00
• Price Target Upside: 80.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: $10.00 ▲(0.20%Upside)

Perma-Fix's overall stock score reflects significant financial challenges, with a negative equity position and ongoing operational losses being the primary concerns. Technical indicators provide some mixed signals, while valuation metrics are unattractive due to negative earnings. The earnings call showed some operational improvements, but the ongoing financial issues overshadow these positives.

Positive Factors

Financial Performance

The recent $23M equity offering helps bolster the balance sheet as it capitalizes on multiple transformative opportunities that can drive substantial growth and sustainable profitability.

Growth Opportunities

Perma-Fix is ideally positioned to help with grouting the remaining low-level waste at Hanford, aligning with the new Administration's focus on commercialization and privatization.

Revenue Growth

Revenue did grow year-over-year for the first time in five quarters and should continue as waste receipts/backlog picked up late in the first quarter.

Negative Factors

Industry Impact

Procurements and activity levels industry-wide could be impacted for the next couple of quarters due to DOE layoffs.

Market Uncertainty

There is increased uncertainty on the timing of waste procurements and services activity due to Department of Government Efficiency initiatives and an upcoming government budget deadline.

Revenue Challenges

Lower revenue was reported due to delays in procurements and contract awards from government clients, primarily in Treatment.

Perma-Fix Business Overview & Revenue Model

Company Description

Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates in three segments: Treatment, Services, and Medical. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities. This segment is also involved in the research and development activities to identify, develop, and implement waste processing techniques for problematic waste streams. The Services segment provides technical services, including professional radiological measurement and site survey of government and commercial installations; integrated occupational safety and health services; and consulting, engineering, project and waste management, environmental, decontamination and decommissioning (D&D) field, technical, on-site waste management services, and management personnel and services. This segment also offers nuclear services, including technology-based services comprising engineering, D&D, specialty, construction, logistics, transportation, processing, and disposal; offers remediation of nuclear licensed and federal facilities, as well as cleanup of nuclear legacy sites; and owns an equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources health physics, industrial hygiene, and customized nuclear, environmental, and occupational safety and health instrumentation. The Medical segment is involved in the research and development of medical isotope production technology. The company provides its services to research institutions, commercial companies, public utilities, and governmental agencies through direct sales to customers or through intermediaries. Perma-Fix Environmental Services, Inc. was incorporated in 1990 and is based in Atlanta, Georgia.

How the Company Makes Money

Perma-Fix makes money primarily through its waste management services, which include the treatment and disposal of nuclear and hazardous waste. The company generates revenue from contracts with government agencies, such as the U.S. Department of Energy and Department of Defense, as well as commercial clients in various industries. Perma-Fix's revenue streams are bolstered by long-term contracts and its capability to handle complex waste streams, which often require specialized facilities and expertise. Additionally, the company benefits from strategic partnerships and collaborations that enhance its service offerings and expand its market reach.

Perma-Fix Financial Statement Overview

Summary

Perma-Fix is facing significant financial challenges with declining revenues, negative EBIT, and net income. The balance sheet shows negative equity, and cash flow is inconsistent, indicating operational and financial instability.

Income Statement

Perma-Fix's income statement reveals significant volatility. The company experienced a decline in total revenue in 2024, alongside negative EBIT and Net Income, which indicates operational challenges. However, in previous years, there were periods of revenue growth and positive net income, showing potential if the company can stabilize operations.

Balance Sheet

The balance sheet highlights concerns with a negative stockholders' equity in 2024, indicating financial instability. The company has low debt, which is positive, but the negative equity ratio poses a risk. Previous years showed a healthier balance sheet, suggesting the need for improved capital management.

Cash Flow

Cash flow analysis shows fluctuating cash flows with a lack of free cash flow in 2024, reflecting operational cash challenges. Historically, the company has had periods with positive operating cash flow, but the inability to generate consistent free cash flow is a significant concern.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
59.42M	59.12M	89.73M	70.60M	72.19M	105.43M
	Gross Profit
1.23M	2.00K	16.37M	9.61M	6.82M	15.89M
	EBIT
-14.96M	-15.68M	756.00K	-5.38M	-6.77M	1.82M
	EBITDA
-11.91M	-12.83M	3.92M	-1.24M	-823.00K	4.95M
	Net Income Common Stockholders
-19.99M	-19.98M	485.00K	-3.21M	835.00K	2.86M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	28.98M	7.50M	1.87M	4.44M	7.92M
	Total Assets
0.00	97.25M	78.75M	70.90M	77.30M	78.92M
	Total Debt
3.08M	4.86M	5.87M	1.04M	993.00K	6.73M
	Net Debt
3.08M	-24.11M	-1.64M	-827.00K	-3.45M	-1.20M
	Total Liabilities
12.87M	34.86M	39.37M	33.37M	36.72M	46.47M
	Stockholders Equity
59.19M	62.39M	39.38M	37.53M	40.58M	34.19M
Cash Flow		Free Cash Flow
-13.47M	-18.82M	4.43M	-1.58M	-8.41M	5.65M
	Operating Cash Flow
-10.15M	-14.74M	6.15M	-553.00K	-6.84M	7.37M
	Investing Cash Flow
-4.46M	-4.13M	-1.71M	-997.00K	-1.56M	-1.59M
	Financing Cash Flow
40.68M	40.95M	1.70M	-921.00K	4.94M	1.89M

Perma-Fix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PESI, the sentiment is Positive. The current price of 9.98 is below the 20-day moving average (MA) of 10.31, above the 50-day MA of 9.02, and below the 200-day MA of 10.57, indicating a neutral trend. The MACD of 0.30 indicates Positive momentum. The RSI at 57.53 is Neutral, neither overbought nor oversold. The STOCH value of 53.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PESI.

Perma-Fix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PPIH	72 Outperform	$115.75M	13.11	13.03%	―	5.12%	-14.55%
RCMT	72 Outperform	$169.17M	13.17	42.38%	―	8.53%	-16.64%
Sector *	66 Neutral	$4.51B	12.22	5.40%	3.63%	4.14%	-12.01%
TUSK	52 Neutral	$138.13M	―	-55.95%	―	-12.33%	-738.00%
IVAC	51 Neutral	$108.54M	―	-42.25%	1.25%	21.48%	-217.54%
SKYX	47 Neutral	$131.50M	―	-395.45%	―	12.42%	23.63%
PESI	46 Neutral	$190.35M	―	-41.10%	―	-28.62%	-543.45%

Perma-Fix Corporate Events

Perma-Fix Approves COO Employment Agreement

On April 17, 2025, Perma-Fix Environmental Services, Inc. approved an employment agreement with COO Troy Eshleman, effective through April 20, 2026. The agreement includes a base salary of $320,000 with potential increases, participation in benefit plans, and performance-based compensation. It also outlines terms for termination, including compensation for various scenarios. Additionally, the company scheduled its Annual Meeting of Stockholders for July 24, 2025, with a record date of June 2, 2025.