Enviri Corporation logo

Enviri Corporation(NVRI)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$19.4
10/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for NVRI

10/28/2026: NVRI (3-star) is currently NOT-A-BUY. Pass it for now.

Enviri Corporation is an industrial environmental services company that provides essential slag management and waste recycling for steel producers alongside specialized rail maintenance infrastructure. The company is currently undergoing a strategic transformation, shifting its focus from legacy heavy industrial operations to environmental solutions. While this pivot offers growth potential in circular economy services, the company faces risks related to its cyclical end markets, significant debt load, and the execution of its business transition. The stock is best suited for investors with a higher risk tolerance who believe in the long-term demand for industrial sustainability. Monitoring deleveraging progress and contract renewal rates remains essential for assessing future performance.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth depends on the successful adoption of environmental services rather than rapid top-line scaling.
Momentum investorWeak fitThe stock often lacks consistent upward price momentum due to its ongoing restructuring phase.
Value investorMixed fitThe valuation may appear attractive to some, but earnings volatility complicates traditional value assessments.
Dividend investorWeak fitThe company does not currently provide a dividend yield, making it unsuitable for income-focused portfolios.
Low-risk investorWeak fitHigh leverage and exposure to cyclical industrial markets contribute to significant price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is subject to significant swings based on industrial output cycles.
Valuation riskMediumEarnings uncertainty makes it difficult to anchor valuation on traditional metrics.
Competition riskMedium / highIntense competition exists within industrial services and waste management.
Business qualityMediumThe transition to a pure-play environmental services model is still maturing.
Dividend incomeLow / noneNo dividend payments are provided.
Execution riskHighSuccessful integration of environmental acquisitions is critical to the future business model.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 57.08%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NVRI receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
NVRI has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-17.0%), weak cash generation (FCF margin -9.0%), negative revenue growth (-9.7%).

Financial Health Rating

★★★★★
NVRI's financial health is soft, with the relatively strongest area being moderate efficiency, including operating-expense and cost-of-revenue discipline (opex 16.8% of revenue). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is NVRI's strongest growth driver at +23.2% FY2025 versus FY2024 (solid, 4 stars). By comparison, while revenue growth (-9.7%, negative) and earnings growth (-17.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 96.5% and approximately 85.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.28% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 14.15%
Neuberger Berman Group LLC 7.34%
Newtyn Management LLC 6.65%
D. E. Shaw & Co LP 6.02%
Davidson Kempner Capital Management LP 5.64%

Unit Economics (Per $1K Revenue)

★★★★★
NVRI generates approximately $130 of gross profit, $-38 of operating income, and $-90 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -14.15% (Tax Credit)

Quantitative Style Profile

★★★★★
NVRI has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 544.07M USD
Price to earnings Ratio -
1Y Target Price 28.67
Price to earnings Ratio -
1Y Target Price 28.67
Volume (30-day avg) 294.2K shares
Beta 1.59
52 Weeks Range 11.15 - 24.20
Updated Date 10/28/2026
52 Weeks Range 11.15 - 24.20
Updated Date 10/28/2026
Dividends yield (FY) -
Basic EPS (TTM) -18.01

How Company Makes Money

Business areaWhat it includesRetail investor read
Environmental SolutionsSlag processing and material recycling services for steel manufacturers.The company makes money by turning industrial byproduct waste into useful materials for steel producers.
Rail TechnologiesTrack maintenance equipment and digital safety systems.The company earns revenue from long-term contracts to maintain and improve railway track safety.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE 13.18
Enterprise Value 710.91M
Price to Sales(TTM) 0.26
Enterprise Value 710.91M
Price to Sales(TTM) 0.26
Enterprise Value to Revenue 0.61
Enterprise Value to EBITDA 68.75
Shares Outstanding 28.19M
Shares Floating 24.21M
Shares Outstanding 28.19M
Shares Floating 24.21M
Percent Insiders 1.28
Percent Institutions 96.52

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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