Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for industrial fluid-flow markets worldwide.
Energy Recovery Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.94|
|52 Week High||US$8.64|
|52 Week Low||US$23.69|
|1 Month Change||2.15%|
|3 Month Change||-1.14%|
|1 Year Change||114.41%|
|3 Year Change||159.30%|
|5 Year Change||41.82%|
|Change since IPO||102.85%|
Recent News & Updates
Energy Recovery (NASDAQ:ERII) Is Looking To Continue Growing Its Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Calculating The Intrinsic Value Of Energy Recovery, Inc. (NASDAQ:ERII)
Does the September share price for Energy Recovery, Inc. ( NASDAQ:ERII ) reflect what it's really worth? Today, we will...
Energy Recovery: Despite Diversification Efforts, SWRO Still Rules The Roost
Energy Recovery has been trying to diversify its markets for many years. However, ERII is still arguably a one-trick pony: its SWRO desalination business. That said, the market obviously sees a lot of promise in the potential for new lines of business in industrial wastewater and CO2 refrigeration. Meantime, the many years-long efforts to commercialize Vor-Teq in the shale drilling patch have yet to bear fruit. And it may never do so. Yet the stock price is up 170% over the past year. With a forward P/E=88x, investors will be looking for some good "new markets" updates on ERII's upcoming August 5th Q2 conference call.
|ERII||US Machinery||US Market|
Return vs Industry: ERII exceeded the US Machinery industry which returned 24.7% over the past year.
Return vs Market: ERII exceeded the US Market which returned 27.6% over the past year.
Stable Share Price: ERII is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ERII's weekly volatility (5%) has been stable over the past year.
About the Company
|1992||216||Robert, Bob Mao||https://www.energyrecovery.com|
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for industrial fluid-flow markets worldwide. The company operates through Water, and Oil & Gas segments. It designs, engineers, manufactures, and supplies various energy recovery devices (ERDs), including positive displacement isobaric ERDs and centrifugal-type ERDs, such as our hydraulic turbochargers; and high-pressure feed and circulation pumps.
Energy Recovery Fundamentals Summary
|ERII fundamental statistics|
Is ERII overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ERII income statement (TTM)|
|Cost of Revenue||US$30.68m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.29|
|Net Profit Margin||16.23%|
How did ERII perform over the long term?See historical performance and comparison
Is Energy Recovery undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ERII ($19.94) is trading below our estimate of fair value ($26.13)
Significantly Below Fair Value: ERII is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ERII is poor value based on its PE Ratio (67.9x) compared to the US Machinery industry average (29.3x).
PE vs Market: ERII is poor value based on its PE Ratio (67.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: ERII is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ERII is overvalued based on its PB Ratio (6.3x) compared to the US Machinery industry average (2.8x).
How is Energy Recovery forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ERII's forecast earnings growth (54.4% per year) is above the savings rate (2%).
Earnings vs Market: ERII's earnings (54.4% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ERII's revenue (25% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: ERII's revenue (25% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ERII's Return on Equity is forecast to be low in 3 years time (19.1%).
How has Energy Recovery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ERII has high quality earnings.
Growing Profit Margin: ERII's current net profit margins (16.2%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: ERII has become profitable over the past 5 years, growing earnings by 27% per year.
Accelerating Growth: ERII's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ERII had negative earnings growth (-24.1%) over the past year, making it difficult to compare to the Machinery industry average (21.7%).
Return on Equity
High ROE: ERII's Return on Equity (9.3%) is considered low.
How is Energy Recovery's financial position?
Financial Position Analysis
Short Term Liabilities: ERII's short term assets ($147.8M) exceed its short term liabilities ($13.3M).
Long Term Liabilities: ERII's short term assets ($147.8M) exceed its long term liabilities ($16.3M).
Debt to Equity History and Analysis
Debt Level: ERII is debt free.
Reducing Debt: ERII has no debt compared to 5 years ago when its debt to equity ratio was 0.07%.
Debt Coverage: ERII has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ERII has no debt, therefore coverage of interest payments is not a concern.
What is Energy Recovery current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ERII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ERII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ERII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ERII's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ERII's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert, Bob Mao (77 yo)
Mr. Yu-Lang Mao, also known as Robert & Bob, serves as the President & Chief Executive Officer of Energy Recovery, Inc. since May 5, 2020. He serves as an Advisor at PAC-LINK Management Corp. Mr. Mao serve...
CEO Compensation Analysis
Compensation vs Market: Robert, Bob's total compensation ($USD2.09M) is about average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Robert, Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: ERII's management team is considered experienced (3.2 years average tenure).
Experienced Board: ERII's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ERII insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Energy Recovery, Inc.'s employee growth, exchange listings and data sources
- Name: Energy Recovery, Inc.
- Ticker: ERII
- Exchange: NasdaqGS
- Founded: 1992
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$1.140b
- Shares outstanding: 57.15m
- Website: https://www.energyrecovery.com
Number of Employees
- Energy Recovery, Inc.
- 1717 Doolittle Drive
- San Leandro
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 22:12|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.