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Energy RecoveryERII +6.85%65 Net Cash per Share is $1.32 as of Jun. 2026, which is 92% below its 10-year median of 16.86. GuruFocus rates ERII with a GF Score™ of 65/100 and a GF Value™ of $12.99 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 612 Industrial Products companies, Energy Recovery ranks better than 67.65% on this metric.
Energy Recovery (NAS:ERII) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Energy Recovery Net Cash per Share Related Terms
Energy Recovery Net Cash per Share Historical Data
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The historical data trend for Energy Recovery's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ERII vs ZONE, ARQ, FTEK: Net Cash per Share Comparison
For the Pollution & Treatment Controls subindustry, Energy Recovery's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Recovery Price-to-Net-Cash vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Energy Recovery's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Energy Recovery's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Energy Recovery's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Recovery (ERII) has a Net Cash per Share of $1.32 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Energy Recovery and its competitors. This is 92% below median its historical median of 16.86. Over the past decade, Energy Recovery's Net Cash per Share has ranged from 6.17 to 66.58. According to the industry distribution chart, Energy Recovery ranks #198 out of 612 companies in the Industrial Products industry, placing it in the top 32.4%.
Is Energy Recovery's Net Cash per Share too high?
Energy Recovery's current Net Cash per Share of $1.32 is 92% below median its 10-year median of 16.86. Over the past 10 years, this metric has ranged from a low of 6.17 to a high of 66.58. The Industrial Products industry median Net Cash per Share is 9.97. Energy Recovery's value of $1.32 is 86.8% below this industry median. Based on the distribution chart, Energy Recovery ranks #198 out of 612 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Energy Recovery has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy Recovery's Net Cash per Share compare to ZONE and ARQ?
According to the Industrial Products industry distribution chart, Energy Recovery ranks #198 out of 612 companies for Net Cash per Share. This puts Energy Recovery in the upper half of its industry. The industry median Net Cash per Share is 9.97. Energy Recovery's value of $1.32 is 86.8% below this benchmark. Historically, Energy Recovery's own Net Cash per Share has ranged from 6.17 to 66.58 over the past decade. While the company's 10-year median is 16.86 vs. the industry median of 9.97, Energy Recovery has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Industrial Products company?
The median Net Cash per Share among Industrial Products companies is 9.97, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Recovery's current Net Cash per Share of $1.32 is 86.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Energy Recovery and its competitors. For the Industrial Products industry, the median Net Cash per Share is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Recovery's current Net Cash per Share is $1.32, which is 92% below median its own 10-year median of 16.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Recovery stock overvalued right now?
Based on GuruFocus' analysis, Energy Recovery (ERII) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.99, compared to a current price of $8.36 — trading 35.6% below its estimated fair value. The current Net Cash per Share is $1.32, which is 92% below median its 10-year median of 16.86 and 86.8% below the Industrial Products industry median of 9.97. Energy Recovery's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Energy Recovery (ERII), the current Net Cash per Share is $1.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Recovery (ERII) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Recovery stock appears to be undervalued.
The current stock price of $8.36 is trading 35.6% below its estimated GF Value™ of $12.99.
GuruFocus considers Energy Recovery to be Significantly Undervalued.
Key valuation signals for ERII:
Net Cash per Share: $1.32 (92% below median its 10-year median of 16.86)
GF Value™: $12.99 vs. price of $8.36 (35.6% below fair value)
Industry Position: 86.8% below the Industrial Products median (#198 of 612)
No single metric tells the full story. See the ERII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Recovery Inc designs and manufactures energy-saving technologies. The firm uses its proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Using its proprietary technology, it offers energy recovery devices, including pressure exchangers, pumps, and turbochargers, mainly used for seawater desalination and wastewater treatment. Additionally, the company is involved in the development of emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. The firm's reportable operating segments are: Water, which generates maximum revenue, and Emerging Technologies. Geographically, it generates maximum revenue from the Middle East, and the rest from other markets.
65GF Score
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