(NVRI) Enviri - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4158641070

Stock: Railway Equipment, Recycling Services, Waste Treatment, Soil Processing

Total Rating 59

Risk 88

Buy Signal 1.18

Waste Management » Industrial Machinery & Supplies & Components
Age: 38.3y

Market Cap: 1,522m
Avg Trading Vol: 20.4M USD

ATR: 2.05%
Peers RS (IBD): 97.37

EPS (Earnings per Share)

EPS CAGR: 1.23%
EPS Trend: -50.1%

Last SUE: 2.52
Qual. Beats: 1

Revenue

Rev. CAGR: 31.57%
Rev. Trend: 59.2%

Last SUE: 0.01
Qual. Beats: 0

Risk 5d forecast
Volatility	47.9%
Relative Tail Risk	-20.0%

Reward TTM
Sharpe Ratio	1.49
Alpha	82.37

Character TTM
Beta	1.720
Beta Downside	1.712

Drawdowns 3y
Max DD	60.74%
CAGR/Max DD	0.54

Description: NVRI Enviri January 25, 2026

Enviri Corporation (NYSE: NVRI) is the rebranded successor to Harsco Corporation (name change June 2023) and operates a diversified portfolio of environmental-service and rail-maintenance businesses in the United States and select international markets. The firm traces its roots to 1853 and is headquartered in Philadelphia, Pennsylvania.

The company’s operations are organized into three segments:

Harsco Environmental – provides on-site waste-stream management, resource recovery, and recycling services; it also manufactures downstream “ecoproducts” such as road-surfacing additives, metallurgical enhancers, agricultural amendments, and cement additives.
Clean Earth – specializes in the treatment, recycling, and beneficial reuse of hazardous and non-hazardous wastes, including contaminated soil and dredged material for industrial, retail, healthcare, and construction clients.
Harsco Rail – supplies engineered railway track-maintenance equipment, aftermarket parts, and safety-diagnostics technology to railroads, mass-transit agencies, and equipment-leasing firms.

According to the company’s FY 2025 earnings release (filed February 2026), total revenue reached **$1.12 billion**, up 6 % YoY, driven primarily by a 9 % rise in Harsco Environmental revenue and a 4 % increase in Clean Earth sales. Adjusted EBITDA margin improved to **12.8 %**, reflecting higher pricing power in specialty waste processing and cost efficiencies in the rail segment. The rail-maintenance business contributed **$210 million** in revenue, benefitting from a 7 % year-over-year increase in U.S. rail-infrastructure capital spending.

Key macro-drivers for Enviri’s outlook include:

U.S. and EU regulatory pressure to increase hazardous-waste recycling rates, which the EPA estimates will raise total industrial waste-recycling volumes by **~4.5 % CAGR through 2030**.
Growing ESG investment mandates that favor companies with measurable waste-diversion metrics, supporting premium pricing for Enviri’s ecoproducts.
Federal and state infrastructure bills allocating **$150 billion** to rail-track upgrades over the next five years, bolstering demand for Harsco Rail’s equipment and services.

Given these trends, a deeper dive into Enviri’s segment-level cash-flow dynamics and its exposure to upcoming ESG reporting standards could be valuable; the ValueRay platform offers tools to model such scenario analyses.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income: -166.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.34 > 1.0
NWC/Revenue: 5.78% < 20% (prev 7.85%; Δ -2.06% < -1%)
CFO/TA 0.04 > 3% & CFO 99.3m > Net Income -166.6m
Net Debt (1.55b) to EBITDA (139.9m): 11.09 < 3
Current Ratio: 1.20 > 1.5 & < 3
Outstanding Shares: last quarter (80.7m) vs 12m ago 0.62% < -2%
Gross Margin: 18.42% > 18% (prev 0.19%; Δ 1823 % > 0.5%)
Asset Turnover: 80.21% > 50% (prev 85.05%; Δ -4.85% > 0%)
Interest Coverage Ratio: -0.34 > 6 (EBITDA TTM 139.9m / Interest Expense TTM 115.5m)

Altman Z'' 2.16

A: 0.05 (Total Current Assets 769.2m - Total Current Liabilities 639.4m) / Total Assets 2.79b
B: 0.47 (Retained Earnings 1.32b / Total Assets 2.79b)
C: -0.01 (EBIT TTM -38.8m / Avg Total Assets 2.80b)
D: 0.40 (Book Value of Equity 944.8m / Total Liabilities 2.39b)
Altman-Z'' Score: 2.16 = BBB

Beneish M -3.20

DSRI: 0.92 (Receivables 369.2m/426.1m, Revenue 2.24b/2.38b)
GMI: 1.03 (GM 18.42% / 18.95%)
AQI: 1.00 (AQ_t 0.43 / AQ_t-1 0.43)
SGI: 0.94 (Revenue 2.24b / 2.38b)
TATA: -0.10 (NI -166.6m - CFO 99.3m) / TA 2.79b)
Beneish M-Score: -3.20 (Cap -4..+1) = AA

What is the price of NVRI shares?

As of February 05, 2026, the stock is trading at USD 19.04 with a total of 823,184 shares traded.
Over the past week, the price has changed by +1.06%, over one month by +4.96%, over three months by +60.68% and over the past year by +104.73%.

Is NVRI a buy, sell or hold?

Enviri has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold NVRI.

StrongBuy: 1
Buy: 0
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the NVRI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	21.3	12%
Analysts Target Price	21.3	12%
ValueRay Target Price	21.9	14.9%

NVRI Fundamental Data Overview January 31, 2026

P/E Forward = 13.1752
P/S = 0.6782
P/B = 4.2441
P/EG = 2.111
Revenue TTM = 2.24b USD
EBIT TTM = -38.8m USD
EBITDA TTM = 139.9m USD
Long Term Debt = 1.50b USD (from longTermDebt, last quarter)
Short Term Debt = 70.4m USD (from shortTermDebt, last quarter)
Debt = 1.67b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.55b USD (from netDebt column, last quarter)
Enterprise Value = 3.07b USD (1.52b + Debt 1.67b - CCE 115.4m)
Interest Coverage Ratio = -0.34 (Ebit TTM -38.8m / Interest Expense TTM 115.5m)
EV/FCF = -110.4x (Enterprise Value 3.07b / FCF TTM -27.9m)
FCF Yield = -0.91% (FCF TTM -27.9m / Enterprise Value 3.07b)
FCF Margin = -1.24% (FCF TTM -27.9m / Revenue TTM 2.24b)
Net Margin = -7.42% (Net Income TTM -166.6m / Revenue TTM 2.24b)
Gross Margin = 18.42% ((Revenue TTM 2.24b - Cost of Revenue TTM 1.83b) / Revenue TTM)
Gross Margin QoQ = 20.96% (prev 17.63%)
Tobins Q-Ratio = 1.10 (Enterprise Value 3.07b / Total Assets 2.79b)
Interest Expense / Debt = 1.70% (Interest Expense 28.4m / Debt 1.67b)
Taxrate = 21.0% (US default 21%)
NOPAT = -30.6m (EBIT -38.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.20 (Total Current Assets 769.2m / Total Current Liabilities 639.4m)
Debt / Equity = 4.62 (Debt 1.67b / totalStockholderEquity, last quarter 361.1m)
Debt / EBITDA = 11.09 (Net Debt 1.55b / EBITDA 139.9m)
Debt / FCF = -55.71 (negative FCF - burning cash) (Net Debt 1.55b / FCF TTM -27.9m)
Total Stockholder Equity = 389.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.95% (Net Income -166.6m / Total Assets 2.79b)
RoE = -42.77% (Net Income TTM -166.6m / Total Stockholder Equity 389.4m)
RoCE = -2.05% (EBIT -38.8m / Capital Employed (Equity 389.4m + L.T.Debt 1.50b))
RoIC = -1.63% (negative operating profit) (NOPAT -30.6m / Invested Capital 1.88b)
WACC = 6.55% (E(1.52b)/V(3.19b) * Re(12.25%) + D(1.67b)/V(3.19b) * Rd(1.70%) * (1-Tc(0.21)))
Discount Rate = 12.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.49%
Fair Price DCF = unknown (Cash Flow -27.9m)
EPS Correlation: -50.08 | EPS CAGR: 1.23% | SUE: 2.52 | # QB: 1
Revenue Correlation: 59.19 | Revenue CAGR: 31.57% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.20 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.38 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+56.8% | Growth Revenue=+3.4%

Additional Sources for NVRI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle