Perma-Fix (PESI) AI Stock Analysis

• Market Cap: $198.28M
• Dividend Yield: N/A
• Average Volume (3M): 125.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -28.62%
• EPS Growth: -543.45%
• Country: US
• Employees: 293
• Sector: Industrials
• Sector Strength: 86
• Industry: Waste Management
• EPS (TTM): -0.19
• Shares Outstanding: 18,444,572
• 10 Day Avg. Volume: 146,147
• 30 Day Avg. Volume: 125,383
• 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: 0.23
• Enterprise Value/Revenue: 0.18
• Enterprise Value/Gross Profit: 37.44
• Enterprise Value/Ebitda: -1.13
• 1Y Price Target: $18.00
• Price Target Upside: 63.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: $10.50 ▼(-4.37%Downside)

Perma-Fix's overall stock score is primarily impacted by weak financial performance and valuation concerns, with some support from technical indicators and a moderately positive earnings call. The financial challenges overshadow potential operational improvements seen in the earnings call.

Positive Factors

New Opportunities

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.

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

Procurement Delays

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

Revenue Challenges

Revenue trailed estimates on continued delays of project starts in Services, along with lower volumes in waste receipts 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 generates revenue through a variety of waste management services, primarily focused on the treatment and disposal of hazardous and radioactive wastes. Key revenue streams include contracts with government entities such as the U.S. Department of Energy and the Department of Defense, as well as commercial clients in industries that produce or manage hazardous materials. The company also earns income from its environmental consulting services and remediation projects, leveraging its expertise in managing complex waste challenges. Significant partnerships with governmental and commercial clients, along with compliance with regulatory standards, play a crucial role in sustaining and growing the company's earnings.

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
EBITDA	-11.91M	-12.83M	3.92M	-1.24M	-823.00K	4.95M
Net Income	-19.99M	-19.98M	485.00K	-3.21M	835.00K	2.86M
Balance Sheet
Total Assets	0.00	97.25M	78.75M	70.90M	77.30M	78.92M
Cash, Cash Equivalents and Short-Term Investments	0.00	28.98M	7.50M	1.87M	4.44M	7.92M
Total Debt	3.08M	4.86M	5.87M	1.04M	993.00K	6.73M
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: 10.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

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 10.98 is above the 20-day moving average (MA) of 10.19, above the 50-day MA of 9.70, and above the 200-day MA of 10.56, indicating a neutral trend. The MACD of 0.17 indicates Positive momentum. The RSI at 59.25 is Neutral, neither overbought nor oversold. The STOCH value of 85.64 is Negative, 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	77 Outperform	$179.61M	15.58	17.42%	―	9.97%	-4.70%
RCMT	71 Outperform	$183.36M	14.55	42.38%	―	8.53%	-16.64%
Sector *	68 Neutral	£2.93B	10.19	8.40%	3.47%	2.87%	-9.95%
PESI	54 Neutral	$198.28M	―	-41.10%	―	-28.62%	-543.45%
IVAC	51 Neutral	$108.54M	―	-42.25%	1.25%	21.48%	-217.54%
TUSK	51 Neutral	$135.24M	―	-55.95%	―	-12.33%	-738.00%
SKYX	44 Neutral	$114.40M	―	-395.45%	―	12.42%	23.63%

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.