(PRM) Perimeter Solutions - Overview

Sector: Basic Materials | Industry: Specialty Chemicals | Exchange: NYSE (USA) | Market Cap: 5.541m USD | Total Return: 163.8% in 12m

Fire Retardants, Firefighting Foams, Lubricant Additives, Medical Machinery
Total Rating 51
Safety 46
Buy Signal -0.30
Specialty Chemicals
Industry Rotation: -2.6
Market Cap: 5.54B
Avg Turnover: 42.2M
Risk 3d forecast
Volatility54.1%
VaR 5th Pctl8.66%
VaR vs Median-2.99%
Reward TTM
Sharpe Ratio2.20
Rel. Str. IBD89.1
Rel. Str. Peer Group75.5
Character TTM
Beta1.025
Beta Downside0.515
Hurst Exponent0.415
Drawdowns 3y
Max DD58.29%
CAGR/Max DD1.33
CAGR/Mean DD5.61
EPS (Earnings per Share) EPS (Earnings per Share) of PRM over the last years for every Quarter: "2021-03": -0.2109, "2021-06": 0.98, "2021-09": -0.04, "2021-12": -0.1802, "2022-03": -0.0525, "2022-06": 0.04, "2022-09": 0.45, "2022-12": -0.38, "2023-03": 0.06, "2023-06": 0.31, "2023-09": 0.32, "2023-12": -0.09, "2024-03": -0.57, "2024-06": 0.14, "2024-09": -0.614, "2024-12": 0.13, "2025-03": 0.03, "2025-06": 0.39, "2025-09": 0.82, "2025-12": 0.13, "2026-03": 0.06,
Last SUE: 0.08
Qual. Beats: 0
Revenue Revenue of PRM over the last years for every Quarter: 2021-03: 33.925, 2021-06: 87.121, 2021-09: 195.414, 2021-12: 45.878, 2022-03: 57.758, 2022-06: 100.965, 2022-09: 160.509, 2022-12: 41.273, 2023-03: 43.858, 2023-06: 76.137, 2023-09: 142.658, 2023-12: 59.455, 2024-03: 59.044, 2024-06: 127.276, 2024-09: 288.417, 2024-12: 86.231, 2025-03: 72.03, 2025-06: 162.639, 2025-09: 315.443, 2025-12: 102.75, 2026-03: 125.069,
Rev. CAGR: 40.80%
Rev. Trend: 95.7%
Last SUE: 0.12
Qual. Beats: 0

Warnings

Interest Coverage Ratio -3.8 is critical

Altman Z'' -1.07 < 1.0 - financial distress zone

Below Avwap Earnings

Tailwinds

Leader

Description: PRM Perimeter Solutions

Perimeter Solutions SA (PRM) is a global manufacturer specializing in firefighting chemicals and specialty industrial products. The company operates through two primary segments: Fire Safety, which supplies retardants and foams to government and commercial entities, and Specialty Products, which focuses on lubricant additives and engineered machinery for the medical and energy sectors.

The business model relies heavily on long-term contracts with government agencies for wildfire suppression, creating a seasonal revenue cycle tied to fire activity. In the specialty chemicals sector, the production of phosphorus pentasulfide serves as a critical precursor for high-performance engine lubricants and agricultural chemicals. For a deeper look into these segment fundamentals, investors may find additional data on ValueRay.

Headquartered in Missouri, the firm maintains a diverse manufacturing footprint across the United States and Germany. Its engineered machinery division provides specialized automation solutions for the production of complex medical devices, including catheters and guidewires.

Headlines to Watch Out For
  • Wildfire season severity and duration dictate federal fire retardant procurement volume
  • Phosphorus pentasulfide pricing and lubricant additive demand impact specialty segment margins
  • US Forest Service contract renewals and regulatory approval status influence long-term revenue
  • Raw material cost fluctuations for ammonium phosphates affect fire safety profitability
  • Expansion into electric battery technologies and medical device manufacturing diversifies revenue streams
Piotroski VR-10 (Strict) 3.0
Net Income: -190.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -5.20 > 1.0
NWC/Revenue: 38.15% < 20% (prev 54.31%; Δ -16.17% < -1%)
CFO/TA 0.04 > 3% & CFO 132.1m > Net Income -190.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 3.09 > 1.5 & < 3
Outstanding Shares: last quarter (165.1m) vs 12m ago 5.33% < -2%
Gross Margin: 53.15% > 18% (prev 0.57%; Δ 5.26k% > 0.5%)
Asset Turnover: 25.35% > 50% (prev 23.86%; Δ 1.49% > 0%)
Interest Coverage Ratio: -3.82 > 6 (EBITDA TTM -136.1m / Interest Expense TTM 53.8m)
Altman Z'' -1.07
A: 0.09 (Total Current Assets 398.2m - Total Current Liabilities 128.9m) / Total Assets 3.16b
B: -0.23 (Retained Earnings -720.2m / Total Assets 3.16b)
C: -0.07 (EBIT TTM -205.8m / Avg Total Assets 2.78b)
D: -0.37 (Book Value of Equity -733.1m / Total Liabilities 1.96b)
Altman-Z'' = -1.07 = CCC
Beneish M -2.57
DSRI: 1.39 (Receivables 87.5m/51.3m, Revenue 705.9m/574.0m)
GMI: 1.06 (GM 53.15% / 56.54%)
AQI: 1.03 (AQ_t 0.83 / AQ_t-1 0.80)
SGI: 1.23 (Revenue 705.9m / 574.0m)
TATA: -0.10 (NI -190.1m - CFO 132.1m) / TA 3.16b)
Beneish M = -2.57 (Cap -4..+1) = A
What is the price of PRM shares?

As of May 23, 2026, the stock is trading at USD 31.40 with a total of 842,351 shares traded.
Over the past week, the price has changed by -6.41%, over one month by +1.47%, over three months by +18.75% and over the past year by +163.78%.

Is PRM a buy, sell or hold?

Perimeter Solutions has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy PRM.

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

What are the forecasts/targets for the PRM price?
Analysts Target Price 37 17.8%
Perimeter Solutions (PRM) - Fundamental Data Overview as of 21 May 2026
P/E Forward = 15.9744
P/S = 7.8501
P/B = 4.5681
Revenue TTM = 705.9m USD
EBIT TTM = -205.8m USD
EBITDA TTM = -136.1m USD
Long Term Debt = 1.21b USD (from longTermDebt, last quarter)
 Short Term Debt = unknown (none)
 Debt = 1.41b USD (from shortLongTermDebtTotal, last quarter) + Leases 45.2m
Net Debt = 1.32b USD (calculated: Debt 1.41b - CCE 91.6m)
Enterprise Value = 6.86b USD (5.54b + Debt 1.41b - CCE 91.6m)
Interest Coverage Ratio = -3.82 (Ebit TTM -205.8m / Interest Expense TTM 53.8m)
EV/FCF = 79.76x (Enterprise Value 6.86b / FCF TTM 86.0m)
FCF Yield = 1.25% (FCF TTM 86.0m / Enterprise Value 6.86b)
FCF Margin = 12.19% (FCF TTM 86.0m / Revenue TTM 705.9m)
Net Margin = -26.93% (Net Income TTM -190.1m / Revenue TTM 705.9m)
Gross Margin = 53.15% ((Revenue TTM 705.9m - Cost of Revenue TTM 330.7m) / Revenue TTM)
Gross Margin QoQ = 22.54% (prev 59.94%)
Tobins Q-Ratio = 2.17 (Enterprise Value 6.86b / Total Assets 3.16b)
Interest Expense / Debt = 1.73% (Interest Expense 24.4m / Debt 1.41b)
Taxrate = 21.0% (US default 21%)
NOPAT = -162.5m (EBIT -205.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.09 (Total Current Assets 398.2m / Total Current Liabilities 128.9m)
Debt / Equity = 1.17 (Debt 1.41b / totalStockholderEquity, last quarter 1.20b)
 Debt / EBITDA = -9.70 (negative EBITDA) (Net Debt 1.32b / EBITDA -136.1m)
 Debt / FCF = 15.34 (Net Debt 1.32b / FCF TTM 86.0m)
Total Stockholder Equity = 1.16b (last 4 quarters mean from totalStockholderEquity)
RoA = -6.83% (Net Income -190.1m / Total Assets 3.16b)
RoE = -10.13% (Net Income TTM -190.1m / Total Stockholder Equity 1.88b)
RoCE = -6.67% (EBIT -205.8m / Capital Employed (Equity 1.88b + L.T.Debt 1.21b))
 RoIC = -5.52% (negative operating profit) (NOPAT -162.5m / Invested Capital 2.94b)
 WACC = 7.92% (E(5.54b)/V(6.95b) * Re(9.59%) + D(1.41b)/V(6.95b) * Rd(1.73%) * (1-Tc(0.21)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 20.0 | Cagr: 4.09%
[DCF] Terminal Value 73.10% ; FCFF base≈127.8m ; Y1≈112.1m ; Y5≈90.6m
[DCF] Fair Price = 0.82 (EV 1.45b - Net Debt 1.32b = Equity 133.9m / Shares 163.1m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.08 | # QB: 0
Revenue Correlation: 95.71 | Revenue CAGR: 40.80% | SUE: 0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.44 | Chg30d=+16.81% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.01 | Chg30d=+12.28% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.67 | Chg30d=+17.86% | Revisions=+20% | GrowthEPS=+24.8% | GrowthRev=+34.6%
EPS next Year (2027-12-31): EPS=1.95 | Chg30d=+18.61% | Revisions=+20% | GrowthEPS=+16.7% | GrowthRev=+12.1%