Energy Recovery Inc. (ERII)
Energy Recovery Statistics
Share Statistics
Energy Recovery has 54.96M shares outstanding. The number of shares has increased by -4.14% in one year.
| Shares Outstanding | 54.96M |
| Shares Change (YoY) | -4.14% |
| Shares Change (QoQ) | -5.08% |
| Owned by Institutions (%) | 77.36% |
| Shares Floating | 53.01M |
| Failed to Deliver (FTD) Shares | 950 |
| FTD / Avg. Volume | 0.24% |
Short Selling Information
The latest short interest is 1.27M, so 2.32% of the outstanding shares have been sold short.
| Short Interest | 1.27M |
| Short % of Shares Out | 2.32% |
| Short % of Float | 2.37% |
| Short Ratio (days to cover) | 2.78 |
Valuation Ratios
The PE ratio is 36.49 and the forward PE ratio is 20.05. Energy Recovery's PEG ratio is 6.93.
| PE Ratio | 36.49 |
| Forward PE | 20.05 |
| PS Ratio | 5.83 |
| Forward PS | 3 |
| PB Ratio | 4 |
| P/FCF Ratio | 43.75 |
| PEG Ratio | 6.93 |
Enterprise Valuation
Energy Recovery has an Enterprise Value (EV) of 822.72M.
| EV / Sales | 5.7 |
| EV / EBITDA | 29.36 |
| EV / EBIT | 40.09 |
| EV / FCF | 42.8 |
Financial Position
The company has a current ratio of 7.41, with a Debt / Equity ratio of 0.05.
| Current Ratio | 7.41 |
| Quick Ratio | 6.35 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.4 |
| Debt / FCF | 0.59 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 10.98% and Return on Invested Capital is 27.29%.
| Return on Equity | 10.98% |
| Return on Assets | 9.49% |
| Return on Invested Capital | 27.29% |
| Revenue Per Employee | $568.15K |
| Profits Per Employee | $90.75K |
| Employee Count | 254 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 1.9 |
Taxes
| Income Tax | 2.69M |
| Effective Tax Rate | 10.43% |
Stock Price Statistics
The stock price has increased by 6.76% in the last 52 weeks. The beta is 1.05, so Energy Recovery's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | 6.76% |
| 50-Day Moving Average | 15.46 |
| 200-Day Moving Average | 16.05 |
| Relative Strength Index (RSI) | 49.8 |
| Average Volume (20 Days) | 391.6K |
Income Statement
In the last 12 months, Energy Recovery had revenue of 144.31M and earned 23.05M in profits. Earnings per share was 0.4.
| Revenue | 144.31M |
| Gross Profit | 96.92M |
| Operating Income | 67.44M |
| Net Income | 23.05M |
| EBITDA | 28.02M |
| EBIT | 22.2M |
| Earnings Per Share (EPS) | 0.4 |
Balance Sheet
The company has 29.63M in cash and 11.32M in debt, giving a net cash position of 18.31M.
| Cash & Cash Equivalents | 29.63M |
| Total Debt | 11.32M |
| Net Cash | 18.31M |
| Retained Earnings | 105.71M |
| Total Assets | 242.79M |
| Working Capital | 180.28M |
Cash Flow
In the last 12 months, operating cash flow was 20.52M and capital expenditures -1.3M, giving a free cash flow of 19.22M.
| Operating Cash Flow | 20.52M |
| Capital Expenditures | -1.3M |
| Free Cash Flow | 19.22M |
| FCF Per Share | 0.34 |
Margins
Gross margin is 67.16%, with operating and profit margins of 46.73% and 15.97%.
| Gross Margin | 67.16% |
| Operating Margin | 46.73% |
| Pretax Margin | 17.83% |
| Profit Margin | 15.97% |
| EBITDA Margin | 19.42% |
| EBIT Margin | 46.73% |
| FCF Margin | 13.32% |
Dividends & Yields
ERII does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 2.74% |
| FCF Yield | 2.29% |
Analyst Forecast
The average price target for ERII is $21, which is 38.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $21 |
| Price Target Difference | 38.5% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | 16.66 |
| Piotroski F-Score | 7 |