Added to YB: 2026-06-05
Pitch date: 2026-06-03
NVRI [bullish]
Enviri Corporation
Author Info
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Company Info
Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally.
Market Cap
$499.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.67
P/E
-8.70
EV/Sales
0.96
Sector
Commercial Services and Supplies
Category
special_situation
$NVRI: take the USD 15, keep the stub — New Enviri trades regular-way today
NVRI: Cash-and-stub breakup. Holders got $15/sh cash post Clean Earth sale to Veolia; New Enviri (regular-way June 2) = Harsco Environmental (17.2% margin, ~$175M EBITDA) + money-losing Rail (-$23M). Stub ~5.4x EBITDA; 6x on HE alone covers whole co—Rail free. Forced-seller overhang. Risks: steel cycle, Rail turnaround.
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