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Energy Recovery, Inc. (ERII)

Special Industry Machinery, NEC

Latest Price
$8.65
TTM P/E
23.38
Normalized P/E
27.76
Div Yield
--
Book Value
3.50
P/B Ratio
2.47

Valuation metrics

adjust assumptions →
EPS: $0.42
Book value / share: $3.90
Formula: √(22.5 × EPS × BVPS)
Graham Number
$6.07
30% downside
Norm. op. income: $20M (median of 7yr)
Tax rate: 11%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$4.76
45% downside
Base FCF: $17M (median of recent 5yr)
Growth: -9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$3.46
60% downside
EPS: $0.42
Target P/E: 28×
Formula: EPS × P/E
P/E Fair Value
$11.76
+36% upside

Institutional Ownership

83.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.6.09M$61.0M11.69%-246.5K2026-03-31
AMERIPRISE FINANCIAL INC5.26M$52.0M10.10%+696.5K2026-03-31
Amundi3.74M$37.0M7.18%+888.6K2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC2.23M$22.0M4.28%--2026-03-31
FIL Ltd1.99M$20.0M3.82%-5.6K2026-03-31
Legal & General Group Plc1.90M$19.0M3.65%+558.7K2026-03-31
STATE STREET CORP1.77M$17.0M3.40%+8.4K2026-03-31
GEODE CAPITAL MANAGEMENT, LLC1.30M$13.0M2.49%+34.2K2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC1.26M$12.0M2.42%--2026-03-31
DIMENSIONAL FUND ADVISORS LP877.4K$8.0M1.68%-72.1K2026-03-31
View all institutional holders →