Is Energy Recovery Inc (ERII) overvalued? · P/E 24, rev $144.9M
Energy Recovery Inc (ERII) is a pollution & treatment controls company listed on NASDAQ.
This page asks whether Energy Recovery Inc (ERII) looks expensive on cached numbers — not a short thesis.
Latest reported ERII revenue for 2024-12-31 was $144.9M. Net income was $23.1M. Revenue was up 12.9% from 2023-12-31 to 2024-12-31. ERII currently screens at market cap $463.4M and trailing P/E 24.3.
ERII currently screens at market cap $463.4M and trailing P/E 24.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ERII 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ERII stock page for the full model, not this heading.
Not investment advice.