Stocktoria

Energy Recovery, Inc. ERII

Nasdaq · stock · Special Industry Machinery, NEC · website · IPO 2008-07-02 · LEI

Energy Recovery, Inc. (ERII) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $135.0M at a 17.0% net margin.

Chart by TradingView
66/100
Stocktoria Quality Score · grade B
5/9
Piotroski F — financial health
15.7
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-2.24
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
6 6 6 3 5 2 7 4 4 5 2016201720182019202020212022202320242025
Altman Z″
4.37 4.80 5.28 5.97 11.00 10.43 12.04 12.78 12.75 15.70 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$7.78 as of 2026-08-01 · -45.2% 1y
$7.78$17.1152-wk

Beneish M-score: -2.24 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$455M
P / E19.8×
Net margin 5y avg16.5%
Return on equity 5y avg10.6%
Beta0.92
Employees230

Analyst price target

$11.00 +41.4% vs last
· 3 analysts
target range $10.00 – $12.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Smart money · insiders, last 12 months

Insiders net sold -$1.6M on the open market · 5 trades

Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.

Revenue trend · last 10y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 63%
Net marginstronger than 90%
Return on equitystronger than 76%
Revenue growthstronger than 18%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 5/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.708
Retained earnings / assets0.556
EBIT / assets0.103
Equity / liabilities8.143

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
ERIIEnergy Recovery, Inc.5/915.719.8-6.9%
ASYSAMTECH SYSTEMS INC3/9-0.5-21.6%
VELOVelo3D, Inc.3/9-15.44+12.1%
TRTTRIO-TECH INTERNATIONAL4/910.09-13.8%
CVVCVD EQUIPMENT CORP4/911.5-4.1%
SOTKSONO TEK CORP4/98.78+2%
AZTAAzenta, Inc.6/99.11+3.6%

All Manufacturing companies →

About Energy Recovery, Inc.

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation pumps for use in water treatment industries, including seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. The company sells its products under the ERI, PX, PX Pressure Exchanger, Pressure Exchanger, Ultra High-Pressure PX, PX G1300, PX PowerTrain, PX G, AT, and Aquabold brands to supermarket chains, cold storage facilities, refrigeration system installers or OEMs, and other industrial users; and aftermarket customers consisting of desalination plant owners and operators. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.

FAQ

Is ERII financially healthy?

Energy Recovery, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does ERII pay a dividend?

No, Energy Recovery, Inc. does not currently pay a dividend.

How profitable is ERII?

In FY2025, Energy Recovery, Inc. had a net margin of 17.0% and a return on equity of 11.1%.

Is ERII overvalued or undervalued?

Energy Recovery, Inc. trades at about 18.5× trailing earnings — below its 10-year norm (10-year range 19.0×–146.3×, median 41.9×). Stocktoria reports the data, not buy/sell advice.

What is the analyst price target for ERII?

The average Wall-Street price target for Energy Recovery, Inc. is $11.00, about 41.4% above the recent price, from 3 analysts.

Is ERII a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Energy Recovery, Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 19.8×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.