Energy Recovery

Global Water Scarcity And Decarbonization Will Unlock Long-Term Opportunities

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Sep 24

Updated

05 Dec 25

Views

180

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-10.3%

7D

1.5%

Loading

1Y

-10.3%

7D

1.5%

You can edit this narrative until Dec 6 8:05 AM. Then, changes will post as Updates.

Author's Valuation

US$18.2420.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 05 Dec 25

Fair value Decreased 1.94%

ERII: Rising CO2 Refrigeration Adoption Will Drive Long-Term Upside

Analysts modestly lifted their price expectations for Energy Recovery, pointing to stronger long term profitability and supportive new targets in the high teens to low twenties, including a recent move to $23 from $17, even as they temper near term revenue growth assumptions. Analyst Commentary Recent Street research highlights a constructive but selective view on Energy Recovery, with valuation targets moving higher as analysts balance solid execution in core markets against pacing risks in newer growth channels.

Shared on 21 Nov 25

Fair value Increased 6.90%

ERII: Renewed OEM Partnerships Will Unlock Significant Upside Potential

Analysts have raised their fair value estimate for Energy Recovery from $17.40 to $18.60 per share. They cite increased confidence in both ongoing CO2 refrigeration performance and renewed OEM uptake expectations.

Shared on 06 Nov 25

Fair value Increased 5.45%

ERII: Profit Margins And Industry Tailwinds Will Drive Outperformance Ahead

Analysts have raised their price target for Energy Recovery from $16.50 to $17.40, citing improved revenue growth forecasts, higher profit margins, and a favorable outlook in recent research coverage. Analyst Commentary Recent analyst coverage reflects growing optimism about Energy Recovery’s future prospects, supported by increased price targets and positive forecasts.

Shared on 06 Aug 25

Fair value Increased 14%

The analyst price target for Energy Recovery was revised upward primarily due to a substantial increase in consensus revenue growth forecasts, partially offset by a decline in net profit margin, resulting in a new fair value estimate of $15.62. Valuation Changes Summary of Valuation Changes for Energy Recovery The Consensus Analyst Price Target has risen from $14.50 to $15.62.

Shared on 01 May 25

Fair value Decreased 24%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 1.95%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 34%

AnalystConsensusTarget has increased revenue growth from 10.3% to 12.8% and decreased profit margin from 28.3% to 24.5%.

Shared on 11 Mar 25

AnalystConsensusTarget Fair Value

US$18.24

20.8% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

13.82%

Machinery revenue growth rate

0.32%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.29%

Calculation

US$61.46m

Earnings '28

x

17.72x

PE Ratio '28

=

US$1.09b

Market Cap '28

US$1.09b

Market Cap '28

/

47.44m

No. shares '28

=

US$22.95

Share Price '28

US$22.95 Share Price '28

Discounted to 2025 @ 8.29% p.a.

=

US$18.07

Fair Value '25