Enviri Corporation Common Stock (NVRI)

FairStock Score: 20/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn honest profits and sell for less than they are worth. Enviri operates in environmental services and waste handling, a necessary, compliance-driven field with switching costs. But the numbers are ugly. At the close on 2026-10-13, the stock was $20.42, giving a $1.6B market cap. FairStock's calculations show a negative P/E of -1.16 and a P/B of 0.89, so the price is below stated book value, but that book is being consumed by losses. In fiscal Q2 2026, the quarter ended 2026-06-30, Enviri reported revenue of $187.3M and net income of -$396.0M, or diluted EPS of -$14.21. A year earlier, in fiscal Q2 2025, the quarter ended 2025-06-30, revenue was $316.0M and net income was -$47.8M. That is a severe deterioration. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $549.8M and net income was -$10.7M, versus fiscal Q1 2025 revenue of $547.9M and net income of -$9.0M. So one quarter looked roughly flat on sales but still lost money. The cash picture is worse: trailing free cash flow is -$351.9M and FairStock's FCF yield is -21.9% on the market cap. FairStock's ROE is -78.08%, ROCE is -3.83%, and debt/equity is 0.62. Piotroski 3/9 and Altman Z 1.65 signal financial fragility. Without a credible path to positive earnings and cash flow, the low price-to-book is not a margin of safety; it may be a warning. The evidence does not yet support a margin of safety.

In plain English: Enviri handles industrial and specialty waste for other companies, including recycling and rail services. The business looks weak right now because it lost a lot of money in its latest reported quarter and is burning cash. The stock price is below its accounting value, which can look cheap, but the losses make it hard to call it a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer