Perma Fix Environmental Services Inc. (PESI) intrinsic value & 10-year financials
Perma Fix Environmental Services Inc. (PESI) has a Graham intrinsic value of $1.33 per share. At $12.31 on Oct 17, 2026, the stock trades 826% above that value. Over the last 10 fiscal years revenue grew 34.0% a year to $61.7M, with an average return on invested capital of -13.4%.
- Graham intrinsic value
- $1.33
- Share price (Oct 17, 2026)
- $12.31
- Price vs Graham value
- 826% above
- Market cap
- $227.3M
- Revenue (FY2025)
- $61.7M
- Revenue growth (10-yr CAGR)
- 34.0%
- ROIC (10-yr avg)
- -13.4%
- Free cash flow (FY2025)
- -$15.5M
PESI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $61.7M | -$13.8M | -$0.75 | -$15.5M | -19.0% | -34.6% |
| FY2024 | $59.1M | -$20.0M | -$1.33 | -$18.1M | -26.5% | -43.4% |
| FY2023 | $89.7M | $485.0K | $0.04 | $4.4M | 0.8% | 2.0% |
| FY2022 | $70.6M | -$3.8M | -$0.29 | -$1.6M | -7.6% | -13.3% |
| FY2021 | $72.2M | $835.0K | $0.00 | -$8.4M | -9.4% | -9.7% |
| FY2020 | $105.4M | $2.9M | $0.00 | $5.7M | 3.2% | 9.9% |
| FY2019 | $73.5M | $2.3M | $0.00 | -$6.2M | 4.0% | 8.6% |
| FY2018 | $49.5M | -$1.4M | -$0.00 | $528.0K | -7.3% | -11.8% |
| FY2017 | $49.8M | -$3.7M | -$0.00 | $3.0K | -9.5% | -9.8% |
| FY2016 | $4.4M | -$13.4M | -$0.00 | -$332.0K | -357.4% | -32.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PERMA FIX ENVIRONMENTAL SERVICES INC is a consistent compounder, expanding top-line revenue at 34.0% annually over the past decade.
PERMA FIX ENVIRONMENTAL SERVICES INC has historically struggled to out-earn its cost of capital, averaging just -13.4% ROIC.
Over the decade, PERMA FIX ENVIRONMENTAL SERVICES INC shows that management has aggressively returned capital to shareholders by retiring 99.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, PERMA FIX ENVIRONMENTAL SERVICES INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.33 per share.