(NVRI) Enviri - Overview
Sector: Industrials | Industry: Waste Management | Exchange: NYSE (USA) | Market Cap: 1.641m USD | Total Return: 148.6% in 12m
Avg Turnover: 22.3M
Qual. Beats: 0
Rev. Trend: -8.7%
Qual. Beats: 0
Warnings
High Debt/EBITDA (9.9) with thin interest coverage (-0.1)
High Debt while negative Cash Flow
Interest Coverage Ratio -0.1 is critical
Fakeout
Tailwinds
Rs Leader, Idiosyncratic Leader
Enviri Corporation (NYSE: NVRI), formerly Harsco Corporation, provides environmental and industrial services across three primary segments: Harsco Environmental, Clean Earth, and Harsco Rail. The company specializes in managing industrial waste streams, hazardous materials processing, and railway maintenance infrastructure. Its business model relies heavily on long-term, on-site service contracts that integrate waste recovery directly into client supply chains.
The Harsco Environmental division focuses on resource recovery and the manufacturing of value-added products from industrial byproducts, such as slag and dross. The Clean Earth segment handles specialty waste treatment for the healthcare and construction sectors, while the Rail segment provides specialized equipment and diagnostic technology for global transit systems. In the environmental services sector, companies often benefit from high barriers to entry due to stringent regulatory compliance requirements and the capital intensity of waste processing facilities.
Investors can further evaluate these industrial segments and historical performance trends by reviewing the data on ValueRay. Founded in 1853 and headquartered in Philadelphia, Enviri operates as a diversified industrial entity with a significant international footprint in the circular economy.
- Global steel production volume directly impacts Harsco Environmental segment revenue and margins
- Hazardous waste processing demand from industrial and healthcare sectors drives Clean Earth profitability
- High debt levels and interest expense volatility influence net income and equity valuation
- Infrastructure spending and rail maintenance cycles dictate Harsco Rail equipment and service orders
| Net Income: -168.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: 3.63% < 20% (prev 6.92%; Δ -3.29% < -1%) |
| CFO/TA 0.04 > 3% & CFO 116.3m > Net Income -168.2m |
| Net Debt (1.74b) to EBITDA (175.4m): 9.92 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (82.3m) vs 12m ago 2.44% < -2% |
| Gross Margin: 17.83% > 18% (prev 0.19%; Δ 1.76k% > 0.5%) |
| Asset Turnover: 83.18% > 50% (prev 85.18%; Δ -2.01% > 0%) |
| Interest Coverage Ratio: -0.09 > 6 (EBITDA TTM 175.4m / Interest Expense TTM 112.6m) |
| A: 0.03 (Total Current Assets 722.1m - Total Current Liabilities 640.7m) / Total Assets 2.70b |
| B: 0.44 (Retained Earnings 1.20b / Total Assets 2.70b) |
| C: -0.00 (EBIT TTM -10.0m / Avg Total Assets 2.70b) |
| D: 0.35 (Book Value of Equity 843.1m / Total Liabilities 2.43b) |
| Altman-Z'' = 1.98 = BBB |
| DSRI: 0.99 (Receivables 358.1m/370.2m, Revenue 2.24b/2.29b) |
| GMI: 1.08 (GM 17.83% / 19.32%) |
| AQI: 0.97 (AQ_t 0.43 / AQ_t-1 0.44) |
| SGI: 0.98 (Revenue 2.24b / 2.29b) |
| TATA: -0.11 (NI -168.2m - CFO 116.3m) / TA 2.70b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of May 28, 2026, the stock is trading at USD 20.06 with a total of 3,370,037 shares traded.
Over the past week, the price has changed by +4.59%,
over one month by +3.67%,
over three months by +5.97% and
over the past year by +148.57%.
Enviri has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold NVRI.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.7 | 8% |
P/E Forward = 13.1752
P/S = 0.7229
P/B = 6.9519
P/EG = 2.111
Revenue TTM = 2.24b USD
EBIT TTM = -10.0m USD
EBITDA TTM = 175.4m USD
Long Term Debt = 1.56b USD (from longTermDebt, last quarter)
Short Term Debt = 64.5m USD (from shortTermDebt, last quarter)
Debt = 1.86b USD (from shortLongTermDebtTotal, last quarter) + Leases 135.5m
Net Debt = 1.74b USD (calculated: Debt 1.86b - CCE 121.5m)
Enterprise Value = 3.38b USD (1.64b + Debt 1.86b - CCE 121.5m)
Interest Coverage Ratio = -0.09 (Ebit TTM -10.0m / Interest Expense TTM 112.6m)
EV/FCF = -90.87x (Enterprise Value 3.38b / FCF TTM -37.2m)
FCF Yield = -1.10% (FCF TTM -37.2m / Enterprise Value 3.38b)
FCF Margin = -1.66% (FCF TTM -37.2m / Revenue TTM 2.24b)
Net Margin = -7.50% (Net Income TTM -168.2m / Revenue TTM 2.24b)
Gross Margin = 17.83% ((Revenue TTM 2.24b - Cost of Revenue TTM 1.84b) / Revenue TTM)
Gross Margin QoQ = 17.05% (prev 15.56%)
Tobins Q-Ratio = 1.25 (Enterprise Value 3.38b / Total Assets 2.70b)
Interest Expense / Debt = 6.04% (Interest Expense 112.6m / Debt 1.86b)
Taxrate = 21.0% (US default 21%)
NOPAT = -7.90m (EBIT -10.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.13 (Total Current Assets 722.1m / Total Current Liabilities 640.7m)
Debt / Equity = 7.99 (Debt 1.86b / totalStockholderEquity, last quarter 233.2m)
Debt / EBITDA = 9.92 (Net Debt 1.74b / EBITDA 175.4m)
Debt / FCF = -46.78 (negative FCF - burning cash) (Net Debt 1.74b / FCF TTM -37.2m)
Total Stockholder Equity = 306.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.24% (Net Income -168.2m / Total Assets 2.70b)
RoE = -54.89% (Net Income TTM -168.2m / Total Stockholder Equity 306.4m)
RoCE = -0.54% (EBIT -10.0m / Capital Employed (Equity 306.4m + L.T.Debt 1.56b))
RoIC = -0.39% (negative operating profit) (NOPAT -7.90m / Invested Capital 2.01b)
WACC = 7.27% (E(1.64b)/V(3.50b) * Re(10.11%) + D(1.86b)/V(3.50b) * Rd(6.04%) * (1-Tc(0.21)))
Discount Rate = 10.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 1.33%
[DCF] Fair Price = unknown (Cash Flow -37.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.60 | # QB: 0
Revenue Correlation: -8.75 | Revenue CAGR: -0.37% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.21 | Chg30d=-86.96% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.10 | Chg30d=-53.85% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=-0.28 | Chg30d=+42.42% | Revisions=+20% | GrowthEPS=+52.5% | GrowthRev=-29.0%
EPS next Year (2027-12-31): EPS=-0.39 | Chg30d=N/A | Revisions=-20% | GrowthEPS=-35.1% | GrowthRev=-18.0%
[Analyst] Revisions Ratio: -20%