Perma-Fix Environmental Services (PESI)
Market Price (3/30/2026): $10.71 | Market Cap: $198.3 MilSector: Consumer Discretionary | Industry: Specialized Consumer Services
Perma-Fix Environmental Services (PESI)
Market Price (3/30/2026): $10.71Market Cap: $198.3 MilSector: Consumer DiscretionaryIndustry: Specialized Consumer Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Sustainable Infrastructure, and Circular Economy & Recycling. Themes include Waste Management Solutions, and Advanced Recycling Technologies. | Weak multi-year price returns2Y Excs Rtn is -27%, 3Y Excs Rtn is -43% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.16 | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% | ||
| Key risksPESI key risks include [1] significant delays to major government projects like the DFLAW facility, Show more. |
| Megatrend and thematic driversMegatrends include Sustainable Infrastructure, and Circular Economy & Recycling. Themes include Waste Management Solutions, and Advanced Recycling Technologies. |
| Weak multi-year price returns2Y Excs Rtn is -27%, 3Y Excs Rtn is -43% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.16 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| Key risksPESI key risks include [1] significant delays to major government projects like the DFLAW facility, Show more. |
Qualitative Assessment
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Perma-Fix Environmental Services (PESI) stock has lost about 15% since 11/30/2025 because of the following key factors:
1. Perma-Fix Environmental Services significantly missed analyst expectations for its fourth-quarter 2025 financial results, announced on March 24, 2026. The company reported a net loss of $0.31 per share, which was substantially wider than analysts' consensus estimate of a $0.09 loss per share. Additionally, revenue for the quarter reached $15.72 million, falling short of the $17.70 million analysts had anticipated. This earnings miss led to a 16.8% decline in the stock on the day of the announcement.
2. The company experienced a widening net loss in Q4 2025 and a notable reduction in its cash reserves, raising concerns about its short-term financial flexibility. The net loss for the fourth quarter of 2025 expanded to $5.7 million, compared to a net loss of $3.5 million in the same period of 2024. Concurrently, the cash balance on the company's balance sheet decreased significantly from $29 million at the end of 2024 to $11.8 million by the end of 2025.
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1. Perma-Fix Environmental Services significantly missed analyst expectations for its fourth-quarter 2025 financial results, announced on March 24, 2026. The company reported a net loss of $0.31 per share, which was substantially wider than analysts' consensus estimate of a $0.09 loss per share. Additionally, revenue for the quarter reached $15.72 million, falling short of the $17.70 million analysts had anticipated. This earnings miss led to a 16.8% decline in the stock on the day of the announcement.
2. The company experienced a widening net loss in Q4 2025 and a notable reduction in its cash reserves, raising concerns about its short-term financial flexibility. The net loss for the fourth quarter of 2025 expanded to $5.7 million, compared to a net loss of $3.5 million in the same period of 2024. Concurrently, the cash balance on the company's balance sheet decreased significantly from $29 million at the end of 2024 to $11.8 million by the end of 2025.
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Stock Movement Drivers
Fundamental Drivers
The -13.2% change in PESI stock from 11/30/2025 to 3/29/2026 was primarily driven by a -14.4% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.27 | 10.65 | -13.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 61 | 62 | 1.7% |
| P/S Multiple | 3.7 | 3.2 | -14.4% |
| Shares Outstanding (Mil) | 18 | 19 | -0.2% |
| Cumulative Contribution | -13.2% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PESI | -13.2% | |
| Market (SPY) | -5.3% | 59.6% |
| Sector (XLY) | -10.4% | 46.7% |
Fundamental Drivers
The -10.4% change in PESI stock from 8/31/2025 to 3/29/2026 was primarily driven by a -12.5% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.89 | 10.65 | -10.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 60 | 62 | 2.8% |
| P/S Multiple | 3.7 | 3.2 | -12.5% |
| Shares Outstanding (Mil) | 18 | 19 | -0.3% |
| Cumulative Contribution | -10.4% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PESI | -10.4% | |
| Market (SPY) | 0.6% | 36.2% |
| Sector (XLY) | -8.5% | 25.6% |
Fundamental Drivers
The 32.5% change in PESI stock from 2/28/2025 to 3/29/2026 was primarily driven by a 68.9% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.04 | 10.65 | 32.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 67 | 62 | -8.1% |
| P/S Multiple | 1.9 | 3.2 | 68.9% |
| Shares Outstanding (Mil) | 16 | 19 | -14.6% |
| Cumulative Contribution | 32.5% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PESI | 32.5% | |
| Market (SPY) | 9.8% | 32.7% |
| Sector (XLY) | -1.3% | 32.0% |
Fundamental Drivers
The 52.6% change in PESI stock from 2/28/2023 to 3/29/2026 was primarily driven by a 144.4% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.98 | 10.65 | 52.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 71 | 62 | -13.1% |
| P/S Multiple | 1.3 | 3.2 | 144.4% |
| Shares Outstanding (Mil) | 13 | 19 | -28.2% |
| Cumulative Contribution | 52.6% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PESI | 52.6% | |
| Market (SPY) | 69.4% | 25.7% |
| Sector (XLY) | 49.0% | 23.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PESI Return | 6% | -44% | 123% | 41% | 14% | -14% | 82% |
| Peers Return | 58% | -8% | 17% | 12% | 6% | -1% | 99% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| PESI Win Rate | 58% | 17% | 58% | 58% | 50% | 33% | |
| Peers Win Rate | 67% | 47% | 53% | 55% | 57% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| PESI Max Drawdown | -6% | -47% | 0% | -3% | -41% | -14% | |
| Peers Max Drawdown | -3% | -30% | -15% | -16% | -17% | -7% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CLH, RSG, GFL, MEG, ACM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | PESI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -57.9% | -25.4% |
| % Gain to Breakeven | 137.6% | 34.1% |
| Time to Breakeven | 85 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -55.1% | -33.9% |
| % Gain to Breakeven | 122.6% | 51.3% |
| Time to Breakeven | 1,100 days | 148 days |
| 2018 Correction | ||
| % Loss | -60.2% | -19.8% |
| % Gain to Breakeven | 151.2% | 24.7% |
| Time to Breakeven | 280 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.1% | -56.8% |
| % Gain to Breakeven | 336.8% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to CLH, RSG, GFL, MEG, ACM
In The Past
Perma-Fix Environmental Services's stock fell -57.9% during the 2022 Inflation Shock from a high on 3/19/2021. A -57.9% loss requires a 137.6% gain to breakeven.
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About Perma-Fix Environmental Services (PESI)
Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates in three segments: Treatment, Services, and Medical. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities. This segment is also involved in the research and development activities to identify, develop, and implement waste processing techniques for problematic waste streams. The Services segment provides technical services, including professional radiological measurement and site survey of government and commercial installations; integrated occupational safety and health services; and consulting, engineering, project and waste management, environmental, decontamination and decommissioning (D&D) field, technical, on-site waste management services, and management personnel and services. This segment also offers nuclear services, including technology-based services comprising engineering, D&D, specialty, construction, logistics, transportation, processing, and disposal; offers remediation of nuclear licensed and federal facilities, as well as cleanup of nuclear legacy sites; and owns an equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources health physics, industrial hygiene, and customized nuclear, environmental, and occupational safety and health instrumentation. The Medical segment is involved in the research and development of medical isotope production technology. The company provides its services to research institutions, commercial companies, public utilities, and governmental agencies through direct sales to customers or through intermediaries. Perma-Fix Environmental Services, Inc. was incorporated in 1990 and is based in Atlanta, Georgia.
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Analogy: The Clean Harbors (CLH) for nuclear and radioactive waste.
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- Waste Treatment & Disposal: Provides comprehensive treatment, processing, and disposal services for nuclear, radioactive, mixed, hazardous, and non-hazardous waste streams.
- Environmental Remediation & Decommissioning (D&D): Offers services for the cleanup of nuclear legacy sites, as well as decontamination and decommissioning of nuclear and federal facilities.
- Technical & Consulting Services: Delivers professional radiological measurement, site surveys, occupational safety and health services, engineering, and environmental project management.
- Specialty Nuclear Services: Includes technology-based services like construction, logistics, transportation, and on-site waste management for nuclear operations.
- Instrumentation Calibration & Maintenance: Operates a laboratory for servicing, maintaining, calibrating, and sourcing specialized health physics and environmental instrumentation.
- Research & Development: Conducts R&D activities to develop new waste processing techniques and medical isotope production technology.
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```htmlPerma-Fix Environmental Services (PESI) primarily provides its services to a diverse range of organizations and entities rather than individuals. Based on the company description, its major customers fall into the following categories:
- Research institutions
- Commercial companies
- Public utilities
- Governmental agencies
The provided information does not list specific names of commercial companies or public utilities that are major customers.
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Mark Duff, President and Chief Executive Officer
Mr. Duff has served as President and CEO of Perma-Fix Environmental Services since September 2017 and became a Board member in April 2023. He joined the company in 2016 and has focused on strategies to meet growth objectives in both the Treatment and Services segments, including facility upgrades, modernization of treatment capabilities, and expansion into international markets and new sectors like commercial power and oil and gas. Prior to his current role, Mr. Duff co-founded a consulting firm and possesses over 40 years of management and technical experience in the DOE and DOD environmental and construction markets.
Ben Naccarato, Executive Vice President and Chief Financial Officer
Mr. Naccarato has been the CFO of Perma-Fix Environmental Services since February 2009, joining the company in September 2004. He brings over 37 years of experience in senior financial positions within the waste management and used oil industries. Before joining Perma-Fix, Mr. Naccarato served as the CFO for a privately-held company in the fuel distribution and used waste oil industry from 2002 to 2004. He also held various senior financial roles at companies such as Safety-Kleen Corp., Laidlaw Environmental Services Inc., and USPCI Inc.
Dr. Louis F. Centofanti, Executive Vice President, Strategic Initiatives
Dr. Centofanti is the founder of Perma-Fix Environmental Services, serving as a director since its inception in 1991. He held the position of President and CEO of the company from 1991 to 1995 and again from 1996 to 2017, and has been the EVP of Strategic Initiatives since September 2017. Earlier in his career, in 1981, Dr. Centofanti co-founded PPM, Inc., a hazardous waste management company specializing in treating PCB-contaminated oil, which was subsequently sold to USPCI, Inc.
Troy Eshleman, Chief Operating Officer
Mr. Eshleman was appointed COO of Perma-Fix Environmental Services on January 23, 2025. He has more than 34 years of experience in radioactive waste management facility operations, environmental remediation, hazardous and radioactive material logistics, and facility decommissioning. From 2019 to 2024, Mr. Eshleman founded and served as President of Oakleaf Environmental, Inc., a consulting firm that provided specialized support, including mergers and acquisitions, business strategy, and technical assistance, to private equity and commercial clients, as well as government entities like the U.S. Department of Energy.
Richard Grondin, Executive Vice President, Hanford and International Waste Operations
Mr. Grondin has held the position of EVP of Hanford and International Waste Operations since January 23, 2025. Prior to this, he served as the company's EVP of Waste Treatment Operations starting in July 2020. Since joining Perma-Fix in 2002, Mr. Grondin has held various positions within the company's Treatment Segment, including Vice President of Technical Services, Vice President/General Manager of the Perma-Fix Northwest Richland, Inc. Facility, and Vice President of Western Operations.
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```htmlThe key risks to Perma-Fix Environmental Services (PESI) primarily stem from its reliance on government contracts and the highly regulated nature of its operations.
- Dependency on Government Contracts and Funding: Perma-Fix Environmental Services largely depends on contracts with U.S. federal agencies, including the Department of Energy, Environmental Protection Agency, and Department of Defense, for a significant portion of its revenue. This reliance exposes the company to risks associated with federal budget allocations, the timing of large-scale government project phases, and potential government shutdowns. Changes in government spending priorities or delays in contract awards can lead to unpredictable revenue streams and impact the company's financial stability.
- Highly Regulated Industry and Operational Hazards: Operating in nuclear, low-level radioactive, and hazardous waste treatment, Perma-Fix Environmental Services is subject to stringent environmental regulations and high government standards. The inherent hazards of handling such materials pose operational risks. Failure to comply with evolving regulations or manage the complexities of the nuclear services market can result in regulatory penalties, operational vulnerabilities, and potential liabilities.
- Project Delays and Revenue Volatility: The company's revenue can be inconsistent ("lumpy") due to the often-delayed nature of large government projects, such as the Hanford Site cleanup. Delays in the commencement or progression of these significant projects can impact the timing and realization of anticipated revenues, creating volatility in the company's financial performance.
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```htmlPerma-Fix Environmental Services (PESI) operates in several addressable markets, primarily in the United States, covering waste management, environmental services, and medical isotope production.
Treatment Segment (Nuclear, Radioactive, Mixed, and Hazardous/Non-Hazardous Waste Treatment)
- Radioactive and Nuclear Waste Management: The global radioactive waste management market was estimated at approximately $5.514.2 million in 2024 and is projected to reach $27402.7 million by 2033, exhibiting a compound annual growth rate (CAGR) of 6.189% from 2025 to 2033. North America held a major market share of more than 40% of the global revenue for radioactive waste management in 2024, with a market size of $2205.68 million. The U.S. nuclear waste management market is projected to be worth around $1.47 billion by 2034, growing from $1.23 billion in 2025, at a CAGR of 1.97% from 2025 to 2034. The low-level waste segment dominated the nuclear waste management market in 2024.
- Hazardous Waste Management: The global hazardous waste management market size was valued at $18.94 billion in 2025 and is projected to grow to $31.68 billion by 2034, with a CAGR of 5.88% during the forecast period. The hazardous waste management market in the United States is expected to reach a projected revenue of $7,257.5 million by 2033, growing from $4,660.1 million in 2025 at a CAGR of 5.8% from 2026 to 2033.
Services Segment (Decontamination and Decommissioning, Environmental Consulting, etc.)
- Nuclear Decommissioning Services: The U.S. nuclear decommissioning services market generated revenue of $1,974.8 million in 2023 and is expected to reach $2,751.4 million by 2030, growing at a CAGR of 4.9% from 2024 to 2030. Globally, the nuclear decommissioning market size was valued at $4.52 billion in 2024 and is poised to grow to $7.07 billion by 2033, at a CAGR of 5.1% during the forecast period (2026–2033).
- Environmental Consulting Services: The global environmental consulting services market size was estimated at $43.20 billion in 2024 and is predicted to increase to approximately $92.85 billion by 2034, expanding at a CAGR of 7.95% from 2025 to 2034. The market size of environmental consulting in the U.S. was $26.9 billion in 2024. North America is anticipated to continue its dominance in the environmental consulting services market.
Medical Segment (Medical Isotope Production Technology)
- Medical Isotopes and Radiopharmaceuticals: The global medical isotope production market size accounted for $4.71 billion in 2025 and is predicted to increase to approximately $9.69 billion by 2034, expanding at a CAGR of 8.34% from 2025 to 2034. The global radiopharmaceuticals market size was valued at $7.9 billion in 2023 and is estimated to reach $21.8 billion by 2033, exhibiting a CAGR of 10.6% from 2024 to 2033. North America held a significant share of over 40% in the radiopharmaceuticals industry in 2023. The U.S. radiopharmaceuticals market size was evaluated at $2.43 billion in 2024 and is projected to be worth around $5.13 billion by 2034, growing at a CAGR of 7.38% from 2025 to 2034.
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Perma-Fix Environmental Services (PESI) is expected to drive future revenue growth over the next two to three years through several key initiatives and market opportunities:
- Hanford Waste Shipments (DFLAW Program): The company is positioned to generate significant revenue from the Department of Energy's (DOE) Direct-Feed Low-Activity Waste (DFLAW) facility at Hanford. Perma-Fix Northwest is the designated commercial treatment pathway for secondary waste streams generated during vitrification operations, with an anticipated $1 million to $2 million in monthly revenue commencing in late 2025 or early 2026.
- Advancements in PFAS Destruction Technology: Perma-Fix is developing and commercializing its proprietary PFAS (Per- and polyfluoroalkyl substances) destruction technology. The first-generation Perma-FAS system is operational, and a second-generation unit, capable of tripling capacity, is slated for commissioning in the first quarter of 2026, with projected revenue ramping up to $500,000 per month by the end of 2026.
- Growth in the Treatment Segment: The company's Treatment segment has demonstrated strong year-over-year revenue increases, fueled by higher waste volumes, a more favorable waste mix with higher average prices, and an expansion of international and commercial customer shipments. This segment's growing backlog provides revenue visibility into 2026.
- New Federal and Commercial Contracts in Services: Despite previous project delays, Perma-Fix continues to actively bid on various federal projects and is pursuing new growth opportunities in both government and commercial sectors that align with its core competencies. Notably, the company secured a position on the Navy's $240 million indefinite-delivery, indefinite-quantity (IDIQ) contract.
- Expanded Capacity at Richland Facility: Perma-Fix Environmental Services received an expanded Dangerous Mixed Waste Permit Renewal for its Perma-Fix Northwest (PFNW) Mixed Waste Facility in Richland, Washington, effective January 1, 2026. This expansion approximately triples the facility's liquid mixed waste processing capacity, enabling the company to handle larger waste volumes and cater to increased demand.
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Share Repurchases
- Perma-Fix Environmental Services has shown a negative 3-Year Average Share Buyback Ratio of -11.6, indicating share repurchases over the period.
- The company's Buyback Yield for the last 12 months was -23.99%.
Share Issuance
- In December 2024, Perma-Fix announced the pricing of a $22 million public offering of common stock.
Inbound Investments
- During the fourth quarter of 2025, Mak Capital One LLC significantly boosted its stake, acquiring shares valued at approximately $11.57 million.
- Millennium Management LLC, Squarepoint Ops LLC, Price T Rowe Associates Inc. MD, and Barclays PLC also acquired new or increased stakes in Perma-Fix Environmental Services during Q4 2025, with individual investments ranging from approximately $142,000 to $486,000.
Capital Expenditures
- Perma-Fix's capital expenditures for the most recent 12 months were approximately $3.79 million.
- Over the past five years, the average capital expenditure for the company was around $1.04 million, reaching a high of $1.42 million.
- The company plans to build a second, larger PFAS treatment facility by mid-year 2025, with a new, larger unit expected to be operational in Q1 2026, focusing on expanding its PFAS destruction capabilities.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Perma-Fix Environmental Services Earnings Notes | 12/16/2025 | |
| Perma-Fix Environmental Services Stock Rallied 20% - Have You Assessed the Risk | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
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| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 62.21 |
| Mkt Cap | 12.6 |
| Rev LTM | 6,323 |
| Op Inc LTM | 505 |
| FCF LTM | 306 |
| FCF 3Y Avg | 255 |
| CFO LTM | 804 |
| CFO 3Y Avg | 779 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.9% |
| Rev Chg 3Y Avg | 5.9% |
| Rev Chg Q | 3.5% |
| QoQ Delta Rev Chg LTM | 0.8% |
| Op Mgn LTM | 5.9% |
| Op Mgn 3Y Avg | 5.1% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 13.7% |
| CFO/Rev 3Y Avg | 11.0% |
| FCF/Rev LTM | 5.6% |
| FCF/Rev 3Y Avg | 4.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 12.6 |
| P/S | 2.3 |
| P/EBIT | 19.8 |
| P/E | 13.7 |
| P/CFO | 12.9 |
| Total Yield | 3.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -12.3% |
| 3M Rtn | -10.9% |
| 6M Rtn | -10.6% |
| 12M Rtn | 15.7% |
| 3Y Rtn | 9.7% |
| 1M Excs Rtn | -4.8% |
| 3M Excs Rtn | -2.8% |
| 6M Excs Rtn | -6.8% |
| 12M Excs Rtn | 4.0% |
| 3Y Excs Rtn | -42.4% |
Price Behavior
Price Behavior
| Market Price | $10.65 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 08/18/1995 | |
| Distance from 52W High | -32.4% | |
| 50 Days | 200 Days | |
| DMA Price | $13.86 | $12.36 |
| DMA Trend | up | down |
| Distance from DMA | -23.1% | -13.9% |
| 3M | 1YR | |
| Volatility | 54.1% | 63.1% |
| Downside Capture | 1.67 | 0.96 |
| Upside Capture | 257.97 | 146.73 |
| Correlation (SPY) | 63.6% | 31.6% |
PESI Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.68 | 3.16 | 2.92 | 2.17 | 1.02 | 1.11 |
| Up Beta | 4.01 | 4.05 | 2.98 | 3.65 | 0.93 | 1.03 |
| Down Beta | 2.93 | 3.95 | 4.01 | 2.94 | 0.94 | 1.01 |
| Up Capture | 150% | 312% | 310% | 154% | 166% | 174% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 6 | 21 | 30 | 66 | 131 | 365 |
| Down Capture | 280% | 207% | 191% | 122% | 99% | 105% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 15 | 20 | 31 | 58 | 114 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PESI | |
|---|---|---|---|---|
| PESI | 38.5% | 63.9% | 0.77 | - |
| Sector ETF (XLY) | 4.6% | 23.6% | 0.13 | 30.5% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 31.3% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 8.6% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 12.0% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 22.7% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 27.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PESI | |
|---|---|---|---|---|
| PESI | 7.2% | 58.5% | 0.35 | - |
| Sector ETF (XLY) | 5.6% | 23.7% | 0.20 | 19.7% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 21.3% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 6.7% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 7.0% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 17.8% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PESI | |
|---|---|---|---|---|
| PESI | 11.6% | 59.2% | 0.43 | - |
| Sector ETF (XLY) | 11.6% | 21.9% | 0.49 | 18.9% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 20.4% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 4.7% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 9.9% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 19.4% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 9.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/23/2023 | 3.1% | 26.1% | -10.9% |
| 1/6/2022 | 1.6% | 3.1% | -1.9% |
| 8/11/2021 | -1.5% | -2.2% | 7.9% |
| 3/29/2021 | 2.6% | 2.5% | 2.6% |
| 11/5/2020 | -9.3% | -0.9% | -4.2% |
| 8/7/2020 | 0.0% | -2.7% | -4.7% |
| 3/19/2020 | -2.8% | 26.4% | 38.4% |
| SUMMARY STATS | |||
| # Positive | 4 | 4 | 3 |
| # Negative | 3 | 3 | 4 |
| Median Positive | 2.1% | 14.6% | 7.9% |
| Median Negative | -2.8% | -2.2% | -4.5% |
| Max Positive | 3.1% | 26.4% | 38.4% |
| Max Negative | -9.3% | -2.7% | -10.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/24/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/13/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Duggan, Kerry C | Direct | Sell | 9162025 | 8.60 | 5,653 | 48,616 | 31,648 | Form | |
| 2 | Duff, Mark | President and CEO | Direct | Buy | 9122025 | 8.05 | 897 | 7,221 | 1,083,176 | Form |
| 3 | Shelton, Larry | Direct | Buy | 9122025 | 8.58 | 1,000 | 8,575 | 1,628,259 | Form | |
| 4 | Shelton, Larry | Direct | Buy | 9102025 | 9.61 | 1,000 | 9,610 | 1,815,156 | Form | |
| 5 | Duggan, Kerry C | Direct | Sell | 6022025 | 0.00 | 16,634 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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