Perma-Fix (PESI) AI Stock Analysis

• Market Cap: $237.71M
• Dividend Yield: N/A
• Average Volume (3M): 203.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.14
• Revenue Growth: -9.64%
• EPS Growth: 40.01%
• Country: US
• Employees: 293
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): -0.10
• Shares Outstanding: 18,470,201
• 10 Day Avg. Volume: 192,710
• 30 Day Avg. Volume: 203,000
• PEG Ratio: <0.01
• Price to Book (P/B): 2.67
• Price to Sales (P/S): 2.82
• P/FCF Ratio: -8.86
• Enterprise Value/Market Cap: 0.74
• Enterprise Value/Revenue: 2.90
• Enterprise Value/Gross Profit: 32.92
• Enterprise Value/Ebitda: -18.12
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $11.00 ▼(-18.64% Downside)

Perma-Fix's overall stock score is primarily impacted by its financial challenges, including declining profitability and liquidity issues. Technical analysis indicates bearish momentum, further weighing on the score. Valuation metrics are unfavorable due to negative earnings. However, the earnings call provided some optimism with strong performance in specific segments and a robust backlog, suggesting potential for future growth.

Positive Factors

Treatment Segment Growth

The significant growth in the Treatment segment indicates strong demand and operational efficiency, which can drive long-term revenue and margin expansion.

PFAS Destruction Initiative

Successful PFAS destruction positions Perma-Fix as a leader in emerging environmental solutions, potentially capturing a growing market and enhancing competitive advantage.

Strong Backlog

A strong backlog provides revenue visibility and stability, supporting future growth and operational planning, especially in volatile market conditions.

Negative Factors

Revenue Decline

The substantial decline in revenue indicates challenges in market demand or competitive positioning, which could impact long-term financial health and strategic initiatives.

Negative Cash Flow

Negative cash flow highlights operational inefficiencies and financial strain, potentially limiting investment in growth opportunities and increasing reliance on external financing.

Services Segment Challenges

Declining revenue in the Services segment suggests project delays and market challenges, which could hinder diversification and overall business resilience.

Perma-Fix Business Overview & Revenue Model

Company Description

Perma-Fix Environmental Services, Inc. (PESI) is a leading waste management company specializing in the treatment and disposal of radioactive and hazardous waste. Operating primarily within the environmental services sector, PESI offers a range of services including waste management, nuclear services, and environmental remediation. The company focuses on ensuring compliance with environmental regulations while providing innovative solutions for the safe handling of hazardous materials.

How the Company Makes Money

Perma-Fix generates revenue through multiple streams primarily focused on its waste management services. Key revenue sources include the treatment and disposal of radioactive and hazardous waste, which are charged based on the volume and type of waste processed. Additionally, the company earns income from environmental remediation projects, where it provides cleanup services at contaminated sites. Significant partnerships with government agencies and private sector clients bolster PESI's earnings, particularly through long-term contracts that ensure steady revenue. The company's expertise in regulatory compliance also allows it to command premium pricing for its specialized services.

Perma-Fix Financial Statement Overview

Summary

Perma-Fix is facing significant financial challenges. The income statement shows declining profitability and operational inefficiencies, with negative net profit and EBIT margins. The balance sheet reflects low leverage but poor returns on equity. Cash flow issues are prominent, with negative growth and liquidity concerns.

Income Statement

Perma-Fix's income statement reveals significant challenges. The TTM data shows a negative net profit margin of -31.25% and a declining EBIT margin of -18.82%, indicating operational inefficiencies. Despite a slight revenue growth of 1.07% in the TTM period, the company has struggled with profitability, as evidenced by consistent negative EBIT and EBITDA margins over recent years. The gross profit margin has also decreased significantly, reflecting cost management issues.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.05 in the TTM period, suggesting conservative leverage. However, the return on equity is negative at -33.98%, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio remains stable, but the declining ROE highlights profitability concerns.

Cash Flow

Cash flow analysis indicates severe challenges, with negative operating cash flow and free cash flow in the TTM period. The free cash flow to net income ratio is positive at 1.52, suggesting some efficiency in converting income to cash, but the overall negative cash flow growth and operating cash flow coverage ratio of -0.44 highlight liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.66M	59.12M	89.73M	70.60M	72.19M	105.43M
Gross Profit	5.34M	2.00K	16.37M	9.61M	6.82M	15.89M
EBITDA	-9.71M	-12.90M	3.83M	-1.30M	-864.00K	4.95M
Net Income	-11.61M	-19.98M	485.00K	-3.82M	835.00K	2.86M
Balance Sheet
Total Assets	91.16M	97.25M	78.75M	70.90M	77.30M	78.92M
Cash, Cash Equivalents and Short-Term Investments	16.41M	28.98M	7.50M	1.87M	4.44M	7.92M
Total Debt	4.12M	4.86M	5.87M	3.51M	4.64M	10.26M
Total Liabilities	35.79M	34.86M	39.37M	33.37M	36.72M	46.47M
Stockholders Equity	55.36M	62.39M	39.38M	37.53M	40.58M	34.19M
Cash Flow
Free Cash Flow	-15.82M	-18.82M	4.43M	-1.58M	-8.41M	5.65M
Operating Cash Flow	-11.93M	-14.74M	6.47M	-553.00K	-6.84M	7.37M
Investing Cash Flow	-4.00M	-4.13M	-2.04M	-997.00K	-1.56M	-1.59M
Financing Cash Flow	22.32M	40.95M	1.70M	-921.00K	4.94M	1.89M

Perma-Fix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.52
• 50DMA: Positive
• 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 PESI, the sentiment is Positive. The current price of 13.52 is above the 20-day moving average (MA) of 12.81, above the 50-day MA of 11.99, and above the 200-day MA of 10.24, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 47.87 is Neutral, neither overbought nor oversold. The STOCH value of 59.34 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
CLH	70 Outperform	$12.16B	31.57	14.64%	―	2.85%	-6.27%
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%
CWST	61 Neutral	$6.12B	401.79	0.98%	―	20.54%	106.35%
QRHC	53 Neutral	$39.24M	―	-44.35%	―	-9.25%	-189.37%
PESI	47 Neutral	$237.71M	―	-23.26%	―	-9.64%	40.01%

Perma-Fix Corporate Events

Perma-Fix Rescinds Stock Plan Amendment Amid Legal Challenge

On November 13, 2025, Perma-Fix‘s Board of Directors rescinded a previously approved amendment to its 2017 Stock Option Plan due to a legal challenge regarding voting procedures. The Board also amended the company’s bylaws to align with recent changes in Delaware law and to clarify voting requirements, aiming to resolve uncertainties and enhance corporate governance. These actions reflect Perma-Fix’s commitment to maintaining compliance and transparency, potentially impacting shareholder relations and corporate operations.

The most recent analyst rating on (PESI) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Perma-Fix stock, see the PESI Stock Forecast page.

Perma-fix Environmental Services: Earnings Call Highlights

The recent earnings call for Perma-fix Environmental Services showcased a mixed sentiment, highlighting strong performance in the Treatment segment and significant advancements in PFAS and Hanford operations. However, challenges in the Services segment and the impacts of a government shutdown were also notable. Despite these setbacks, the company remains well-positioned for future growth, supported by a strong backlog and operational improvements.

Perma-Fix Reports Strong Q3 Growth and Strategic Progress

Perma-Fix Environmental Services, Inc. is a nuclear services company specializing in the management and treatment of radioactive and mixed waste, serving both government and commercial sectors. In its latest earnings report for the third quarter of 2025, Perma-Fix reported a 45% increase in year-over-year revenue, driven by higher waste volumes and international shipments, with significant improvements in its Treatment Segment’s gross margin. The company also highlighted the commencement of hot commissioning at the DOE’s DFLAW facility and the progress of its PFAS destruction technology, which is expected to triple capacity by early 2026.

Perma-Fix Signs New Collective Bargaining Agreement

On September 25, 2025, Perma-Fix Environmental Services, Inc.’s subsidiary, Perma-Fix Northwest Richland, Inc., entered into a Collective Bargaining Agreement with the United Association of Plumbers and Steamfitters Local Union 598, effective October 1, 2025. The agreement, covering 71 production employees, aims to stabilize the workforce by governing compensation and working conditions, including annual wage increases and healthcare benefits, with a term lasting until October 1, 2030.

The most recent analyst rating on (PESI) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Perma-Fix stock, see the PESI Stock Forecast page.