(HDSN) Hudson Technologies - Overview
Sector: Basic Materials | Industry: Specialty Chemicals | Exchange: NASDAQ (USA) | Market Cap: 218m USD | Total Return: -29.5% in 12m
Avg Turnover: 2.44M
EPS Trend: -93.7%
Qual. Beats: -2
Rev. Trend: -80.6%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Shakeout
Hudson Technologies Inc. (HDSN) specializes in refrigerant lifecycle management and industrial gas supply within the United States. The company’s core business model focuses on the reclamation of refrigerants, laboratory testing, and system decontamination services designed to restore cooling efficiency. By providing diagnostic tools like Chiller Chemistry and SmartEnergy OPS, the firm helps commercial and industrial clients reduce energy consumption and identify mechanical issues before they lead to system failure.
The company operates within the environmental and facilities services sector, where demand is increasingly driven by environmental regulations such as the AIM Act, which mandates a phasedown of virgin HFC refrigerants. This regulatory environment benefits reclaimers like Hudson, as the industry must transition toward recycled supplies and lower global warming potential (GWP) alternatives. Additionally, the company participates in the carbon credit market through the generation of carbon offset projects linked to its reclamation activities.
Investors can evaluate the company’s historical performance and valuation metrics on ValueRay to gain deeper insight into its market position. Founded in 1990 and headquartered in Woodcliff Lake, New Jersey, Hudson Technologies serves a broad client base including wholesalers, contractors, and government entities.
- AIM Act phasedown of HFC production increases virgin refrigerant prices
- Reclamation volumes expand as regulatory mandates restrict new refrigerant supply
- Cooling season temperature volatility impacts seasonal demand and inventory turnover
- Pricing spreads between virgin and reclaimed gas drive gross margin fluctuations
| Net Income: 14.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.11 > 0.02 and ΔFCF/TA -44.13 > 1.0 |
| NWC/Revenue: 56.86% < 20% (prev 65.56%; Δ -8.70% < -1%) |
| CFO/TA -0.10 > 3% & CFO -30.1m > Net Income 14.2m |
| Net Debt (-10.9m) to EBITDA (23.1m): -0.47 < 3 |
| Current Ratio: 3.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (42.6m) vs 12m ago -6.68% < -2% |
| Gross Margin: 24.61% > 18% (prev 0.25%; Δ 2.44k% > 0.5%) |
| Asset Turnover: 81.52% > 50% (prev 73.80%; Δ 7.73% > 0%) |
| Interest Coverage Ratio: 11.74 > 6 (EBITDA TTM 23.1m / Interest Expense TTM 1.44m) |
| A: 0.46 (Total Current Assets 203.1m - Total Current Liabilities 60.1m) / Total Assets 308.9m |
| B: 0.49 (Retained Earnings 151.6m / Total Assets 308.9m) |
| C: 0.05 (EBIT TTM 16.9m / Avg Total Assets 308.4m) |
| D: 2.13 (Book Value of Equity 152.0m / Total Liabilities 71.2m) |
| Altman-Z'' = 7.25 = AAA |
| DSRI: 0.91 (Receivables 33.5m/33.2m, Revenue 251.4m/227.2m) |
| GMI: 1.01 (GM 24.61% / 24.80%) |
| AQI: 1.00 (AQ_t 0.25 / AQ_t-1 0.25) |
| SGI: 1.11 (Revenue 251.4m / 227.2m) |
| TATA: 0.14 (NI 14.2m - CFO -30.1m) / TA 308.9m) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 5.17 with a total of 1,234,959 shares traded.
Over the past week, the price has changed by +2.85%,
over one month by -18.39%,
over three months by -29.72% and
over the past year by -29.53%.
Hudson Technologies has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold HDSN.
- StrongBuy: 1
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 8.5 | 64.4% |
P/E Forward = 12.3153
P/S = 0.8651
P/B = 0.916
P/EG = 0.2942
Revenue TTM = 251.4m USD
EBIT TTM = 16.9m USD
EBITDA TTM = 23.1m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 8.43m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.27m
Net Debt = -10.9m USD (calculated: Debt 8.43m - CCE 19.4m)
Enterprise Value = 206.6m USD (217.5m + Debt 8.43m - CCE 19.4m)
Interest Coverage Ratio = 11.74 (Ebit TTM 16.9m / Interest Expense TTM 1.44m)
EV/FCF = -5.93x (Enterprise Value 206.6m / FCF TTM -34.8m)
FCF Yield = -16.87% (FCF TTM -34.8m / Enterprise Value 206.6m)
FCF Margin = -13.86% (FCF TTM -34.8m / Revenue TTM 251.4m)
Net Margin = 5.66% (Net Income TTM 14.2m / Revenue TTM 251.4m)
Gross Margin = 24.61% ((Revenue TTM 251.4m - Cost of Revenue TTM 189.5m) / Revenue TTM)
Gross Margin QoQ = 19.70% (prev 7.98%)
Tobins Q-Ratio = 0.67 (Enterprise Value 206.6m / Total Assets 308.9m)
Interest Expense / Debt = 17.12% (Interest Expense 1.44m / Debt 8.43m)
Taxrate = 26.55% (6.02m / 22.7m)
NOPAT = 12.4m (EBIT 16.9m * (1 - 26.55%))
Current Ratio = 3.38 (Total Current Assets 203.1m / Total Current Liabilities 60.1m)
Debt / Equity = 0.04 (Debt 8.43m / totalStockholderEquity, last quarter 237.7m)
Debt / EBITDA = -0.47 (Net Debt -10.9m / EBITDA 23.1m)
Debt / FCF = 0.31 (negative FCF - burning cash) (Net Debt -10.9m / FCF TTM -34.8m)
Total Stockholder Equity = 250.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.62% (Net Income 14.2m / Total Assets 308.9m)
RoE = 5.69% (Net Income TTM 14.2m / Total Stockholder Equity 250.4m)
RoCE = 6.81% (EBIT 16.9m / Capital Employed (Total Assets 308.9m - Current Liab 60.1m))
RoIC = 5.00% (NOPAT 12.4m / Invested Capital 248.8m)
WACC = 8.85% (E(217.5m)/V(225.9m) * Re(8.71%) + D(8.43m)/V(225.9m) * Rd(17.12%) * (1-Tc(0.27)))
Discount Rate = 8.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -4.70%
[DCF] Fair Price = unknown (Cash Flow -34.8m)
EPS Correlation: -93.69 | EPS CAGR: -40.64% | SUE: -1.89 | # QB: -2
Revenue Correlation: -80.63 | Revenue CAGR: -8.73% | SUE: 0.80 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=-19.51% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=-20.00% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=0.34 | Chg30d=-14.81% | Revisions=-20% | GrowthEPS=-21.6% | GrowthRev=+2.7%
EPS next Year (2027-12-31): EPS=0.41 | Chg30d=-7.78% | Revisions=N/A | GrowthEPS=+20.3% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: -20%