NYSE: NVRI ยท Waste Management
Enviri (NVRI) fair value and price range
As of 28 Sep 2026, Faircurve's model values Enviri (NVRI) at $25.40 a share. The stock last closed at $20.21, which puts the model's fair value 25.7% above the price. The inputs behind this valuation are under review, so no verdict is shown.
- Quarterly statements on file skip whole periods, so trailing figures come from the annual statement.
Revalued . Price is the close of 2 Oct 2026. Enviri Corporation.
What price range does the model give NVRI?
The calibrated range for NVRI over 63 trading days is $21.31 to $30.97. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is below this range. For names with fair value 15 to 30% above price, the calibrated range has held the price 50% of the time over 63 trading days, and 47% ended below it; the typical move was +4.1%.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $18.66 to $33.83. In 78% of the simulations the fair value came out above the price the model ran on.
How does NVRI score on business quality?
Enviri's overall quality score is 38 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 0 | -5.6%ROIC | 2.8% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 100 | ||
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 50 | -9.7%Revenue growth, trailing | 4.9% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 25 | 0.0%Net buybacks / market value | 3.3% |
| Balance sheetNet debt to EBITDA and interest coverage. | 23 | 4.84xNet debt / EBITDA | 4.01x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 33 | 1.7 ptsEBITDA margin downside volatility, 5y | 1.1 pts |
How does NVRI compare with similar companies?
The companies in waste management closest to Enviri in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| CWST Casella Waste Systems, Inc. | $82.77 | $83.05 | +0.3% | Fairly valued |
| CLH Clean Harbors, Inc. | $318.51 | $307.10 | -3.6% | Fairly valued |
| RSG Republic Services, Inc. | $209.56 | $214.10 | +2.2% | Fairly valued |
| WM Waste Management, Inc. | $204.45 | $225.68 | +10.4% | Fairly valued |
When does NVRI report earnings, and how has the stock reacted?
Enviri's next earnings report is scheduled for 16 Nov 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 9.0% in either direction through the nearest expiry, about 13 days out. That is the size the market is pricing, not a direction.
Enviri at a glance
Founded in 1853 and headquartered in Philadelphia, Pennsylvania, Enviri Corporation provides environmental solutions for industrial and specialized waste streams both domestically and abroad.
- Market value
- $540M
- Sector
- Industrials
- Industry
- Waste Management
- Revenue expected, next twelve months
- $1.7B
- Consensus revenue growth, next fiscal year
- +43.9%
- Analysts with estimates
- 2
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Enviri on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for NVRI was $23.21. As of 28 Sep 2026 it is $25.40, a change of +9.4%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Enviri's valuation
Is Enviri stock undervalued or overvalued?
Faircurve's model puts NVRI's fair value at $25.40 a share against a last close of $20.21, as of 28 Sep 2026. The inputs behind this valuation are under review, so no verdict is shown.
What is NVRI's fair value?
$25.40 a share as of 28 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $18.66 to $33.83.
What price range does the model give NVRI?
$21.31 to $30.97 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Enviri report earnings next?
The next report is scheduled for 16 Nov 2026. Companies can move their dates.
How confident is the model in this valuation?
The model's evidence grade for NVRI is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.