Market cap
$390 Mln
Revenue (TTM)
$120 Mln
P/E Ratio
29.4
P/B Ratio
2.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 23.59 | -57.24 | -15.16 | 4.02 | 3.08 |
| EBIT | 200.00 | 487.35 | 34.49 | 48.76 | 19.80 |
| Net Profit | 73.90 | -255.70 | -36.42 | 13.28 | -1.77 |
| EPS | 73.29 | -264.84 | -31.76 | 15.95 | -0.62 |
| Book Value | -- | -- | 5.31 | 6.19 | 5.21 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 17.83 | 17.55 | 30.50 | 20.49 | 15.32 |
| Net Margin
| -- | 16.34 | 12.75 | -- | -- |
| Return on equity
| 10.79 | 10.75 | 8.10 | 11.03 | 10.73 |
| Return on Capital
| 10.19 | 10.03 | -- | 10.51 | 10.14 |
| Return on Assets
| 9.38 | 9.23 | 6.86 | 9.68 | 9.30 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.05 | 0.05 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
10.51
|
10.14
|
9.93
|
12.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
8.10
Lower than Peers by 5.93
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
8.10
|
11.03
|
10.73
|
10.62
|
13.21
|
|
Peer Median
|
14.03
|
--
|
--
|
--
|
--
|
ROA
6.86
Higher than Peers by 0.93
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
6.86
|
9.68
|
9.30
|
9.15
|
11.17
|
|
Peer Median
|
5.93
|
--
|
--
|
--
|
--
|
EBIT Margin
30.50
Higher than Peers by 15.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
30.50
|
20.49
|
15.32
|
17.69
|
20.76
|
|
Peer Median
|
14.70
|
--
|
--
|
--
|
--
|
Net Margin
12.75
Higher than Peers by 2.65
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
12.75
|
17.05
|
15.90
|
16.75
|
18.96
|
|
Peer Median
|
10.10
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-15.16
Lower than Peers by 20.06
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
-15.16
|
-0.07
|
0.13
|
0.02
|
0.21
|
|
Peer Median
|
4.91
|
--
|
--
|
--
|
--
|
EBIT Growth
34.49
Higher than Peers by 28.91
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
34.49
|
24.30
|
-2.22
|
-12.91
|
86.17
|
|
Peer Median
|
5.58
|
--
|
--
|
--
|
--
|
Net Profit Growth
-36.42
Lower than Peers by 47.18
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
-36.42
|
-0.38
|
7.19
|
-10.58
|
68.54
|
|
Peer Median
|
10.75
|
--
|
--
|
--
|
--
|
EPS Growth
-31.76
Lower than Peers by 45.49
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
-31.76
|
0.07
|
0.08
|
-0.11
|
0.72
|
|
Peer Median
|
13.73
|
--
|
--
|
--
|
--
|
Book Value Growth
-1.40
Lower than Peers by 11.49
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
-1.40
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.08
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
0.05
|
0.05
|
0.06
|
0.08
|
|
Peer Median
|
0.43
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
0.02
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
8.05
Higher than Peers by 5.50
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
8.05
|
10.44
|
7.41
|
8.64
|
8.63
|
|
Peer Median
|
2.55
|
--
|
--
|
--
|
--
|
Quick Ratio
5.99
Higher than Peers by 4.40
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
5.99
|
9.04
|
6.35
|
7.42
|
7.08
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
--
|
--
|
--
|
28.71
|
|
Peer Median
|
11.34
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
11.84
Lower than Peers by 4.97
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
11.84
|
56.90
|
46.55
|
37.48
|
28.74
|
|
Peer Median
|
16.80
|
--
|
--
|
--
|
--
|
Asset Turnover
0.54
Lower than Peers by 0.08
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
0.54
|
0.57
|
0.58
|
0.55
|
0.58
|
|
Peer Median
|
0.62
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
195.39
|
145.63
|
119.82
|
83.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
191.35
|
194.19
|
241.24
|
232.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
20.33
|
23.24
|
16.88
|
8.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
366.42
|
316.59
|
344.18
|
307.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
29.42
Lower than Peers by 2.33
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
29.42
|
31.35
|
36.50
|
50.53
|
48.93
|
|
Peer Median
|
31.76
|
--
|
--
|
--
|
--
|
Price / Book Value
2.24
Lower than Peers by 1.62
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
2.24
|
3.49
|
4.01
|
4.94
|
6.35
|
|
Peer Median
|
3.86
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.71
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.80
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
13.80
|
20.86
|
27.65
|
34.84
|
34.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
390
Lower than Peers by 581
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Energy Recovery (ERII)
|
390
|
--
|
--
|
--
|
--
|
|
Peer Median
|
971
|
--
|
--
|
--
|
--
|