ERII vs BMI vs CLWT Stock Comparison

Energy Recovery, Badger Meter and Euro Tech Holdings Prices as of Oct 27, 2026 Peers: Industry group
ERII Energy Recovery, Inc.
$6.86 +0.7% 1M -61.0% 1Y
Market cap
$350.46M
P/E
22.8x
Revenue (TTM)
$120.57M
Div. yield
–
Water Treatment Industrials
2 wins
BMI Badger Meter Inc
$151.82 +17.1% 1M -17.1% 1Y
Market cap
$4.20B
P/E
33.2x
Revenue (TTM)
$881.24M
Div. yield
0.01%
Water Treatment Industrials
5 wins

Head to Head

8 decided of 12

Badger Meter leads on 5 of the 12 questions below (Badger Meter 5, Energy Recovery 2, Euro Tech Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionERIIBMICLWTLeader
Larger companyMarket capitalisation $350.46M $4.20B $9.81M BMI
Cheaper on earningsLower P/E, profitable companies only 22.8x 33.2x 60.1x ERII
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 32.1x — –
Faster revenue growthRevenue growth, trailing twelve months -15.0% -2.2% — BMI
More profitableNet margin, trailing twelve months 12.7% 14.4% — BMI
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -61.0% -17.1% +6.5% CLWT
Better 5-year returnAnnualised price return, 5 years -19.4%/yr +8.3%/yr -18.0%/yr BMI
Less volatileAnnualised volatility, 1 year 63.7% 49.5% 89.0% BMI
Higher overall scoreMean of the five percentile scores vs peers 90/100 70/100 — ERII

Percentile Scorecard

ERIIBMICLWT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisERIIBMICLWT
Valuation 95 #2 of 21 55 #10 of 21 85 #4 of 21
Growth 67 #7 of 19 61 #8 of 19 –
Profitability 88 #3 of 17 94 #2 of 17 –
Financial Health 100 #1 of 22 62 #9 of 22 67 #8 of 22
Shareholder Returns 100 #1 of 10 78 #3 of 10 –
Overall 90 70 –
  • ERII ranked among 22 companies in Environmental Equipment
  • BMI ranked among 22 companies in Environmental Equipment
  • CLWT ranked among 22 companies in Environmental Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodERIIBMICLWTSPY
1 month +0.7%+17.1%-3.6% -0.2%
3 months -18.3%+12.8%-13.7% +3.9%
6 months -38.1%+28.2%+3.9% +8.2%
Year to date -49.1%-13.0%+10.0% +12.9%
1 year -61.0%-17.1%+6.5% +12.3%
3 years -53.8%+10.1%-7.0% +87.4%
3 years, per year -22.7%+3.3%-2.4% +23.3%
5 years -66.0%+48.8%-62.9% +67.9%
5 years, per year -19.4%+8.3%-18.0% +10.9%
10 years -45.7%+381.5%-49.6% +261.1%
10 years, per year -5.9%+17.0%-6.6% +13.7%

Risk

MeasureERIIBMICLWTSPY
Volatility, 1Y 63.7%49.5%89.0% 12.7%
Downside volatility, 1Y 82.0%55.9%76.6% 12.7%
Beta vs S&P 500, 1Y 1.710.67-0.12 1.00
Return / volatility, 1Y -0.96-0.350.07 0.97
Max drawdown, 5Y -78.3%-55.4%-72.8% -25.4%
From 52-week high -61.0%-19.2%-38.6% -1.2%
52-week high $17.59$187.87$2.15 $779.14
52-week low $6.64$113.41$1.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleERIIBMICLWT
P/E now vs peer median 23.0xmedian 25.6x 34.5xmedian 25.6x 60.1xmedian 25.6x
P/S now vs peer median 2.9xmedian 2.4x 4.9xmedian 2.4x 0.7xmedian 2.4x
EV/EBITDA now vs peer median 14.3xmedian 16.7x 21.0xmedian 16.7x —median 16.7x
P/FCF now vs peer median 9.1xmedian 23.6x 30.5xmedian 23.6x -6.9xmedian 23.6x
P/B now vs peer median 2.0xmedian 2.0x 6.7xmedian 2.0x 0.6xmedian 2.0x
PEG now vs peer median 1.37median 1.68 2.33median 1.68 —median 1.68

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsERIIBMICLWT
Revenue $120.57M $881.24M –
Gross profit $77.18M $366.94M –
Operating income $14.23M $165.34M –
Net income $15.34M $126.53M –
Free cash flow $38.60M $142.39M –
R&D $12.22M – –
EPS (diluted) $0.30 $4.38 –
Cash & equivalents $61.44M $67.93M $4.28M
Shares (diluted) 51.46M 28.87M 7.60M
Enterprise value $25.63M $3.60B -$9.29M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricERIIBMICLWT
P/E 23.0x 34.5x 60.1x
P/FCF 9.1x 30.5x -6.9x
P/Operating cash flow 8.5x 27.3x –
P/S 2.9x 4.9x 0.7x
P/B 2.0x 6.7x 0.6x
P/Tangible book 2.0x 8.8x 0.6x
EV/EBITDA 14.3x 21.0x –
EV/EBIT 18.1x 25.8x –
EV/Revenue 2.1x 4.8x –
EV/FCF 6.7x 30.0x –
EV/Operating cash flow 6.2x 26.9x –
PEG (3Y EPS CAGR) 1.37 2.33 –

Growth

14 metrics
MetricERIIBMICLWT
Revenue growth (1Y) -15.0% -2.2% –
Revenue CAGR (3Y) 4.1% 9.6% –
Gross profit growth (1Y) -18.5% -1.3% –
Gross profit CAGR (3Y) 2.0% 11.9% –
Operating income growth (1Y) -34.1% -7.9% –
Operating income CAGR (3Y) 17.3% 15.1% –
Net income growth (1Y) -36.4% -8.8% –
Net income CAGR (3Y) 13.3% 14.0% –
EPS growth (1Y) -32.7% -6.6% –
EPS CAGR (3Y) 16.8% 14.8% –
Operating cash flow growth (1Y) 98.7% -12.3% –
Operating cash flow CAGR (3Y) 62.2% 15.9% –
Free cash flow growth (1Y) 91.3% -14.4% –
Free cash flow CAGR (3Y) 76.4% 16.2% –

Profitability

14 metrics
MetricERIIBMICLWT
Gross margin 64.0% 41.6% –
EBITDA margin 15.0% 23.1% –
Operating margin 11.8% 18.8% –
Pretax margin 14.6% 19.1% –
Net margin 12.7% 14.4% –
FCF margin 32.0% 16.2% –
Operating cash flow margin 34.2% 18.0% –
Return on equity 8.6% 19.0% –
Return on assets 7.5% 13.0% –
Return on invested capital – – –
Return on capital employed 7.7% 20.1% –
Asset turnover 0.6x 0.9x –
Cash conversion (OCF / net income) 2.7x 1.3x –
Stock comp / revenue 5.9% 1.2% –

Financial Health

11 metrics
MetricERIIBMICLWT
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 12.8% 31.0% 22.3%
Equity / assets 87.2% 69.0% 77.7%
Interest coverage – – –
Current ratio 8.1x 2.5x 2.0x
Quick ratio 5.8x 1.2x 1.4x
Cash ratio 5.0x 0.5x 0.9x
Altman Z-score 10.78 11.73 –

Shareholder Returns

7 metrics
MetricERIIBMICLWT
Dividend yield – 1.1% –
Net buyback yield 9.8% 2.7% –
Shareholder yield 9.8% 3.8% 0.0%
Payout ratio (earnings) – 37.7% –
Payout ratio (FCF) – 33.5% –
Dividend growth (1Y) – 14.1% –
Dividend CAGR (3Y) – 19.8% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusERIIBMICLWT
Forward P/E – 32.1xFY2026 –
EPS, next fiscal year $-0.20FY2026 $4.73FY2026 –
EPS growth, next FY -147.6%FY2026 -1.3%FY2026 –
EPS growth, the year after – +10.4% –
Revenue, next fiscal year $69.90MFY2026 $930.20MFY2026 –
Revenue growth, next FY -48.2%FY2026 +1.5%FY2026 –
Revenue growth, the year after +45.2% +10.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersERIIBMICLWT
Held by institutions 85.0% 100.0% –
Institutions holding 197 479 –
Change in shares held, QoQ -1.1% +7.9% –
Institutions buying 120 254 –
Institutions selling 45 157 –
Buyers to sellers 2.67 1.62 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ERIIBMICLWT
ERII 1.00 0.13 0.07
BMI 0.13 1.00 0.08
CLWT 0.07 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ERII, BMI and CLWT?

Badger Meter (BMI) is the largest by market capitalisation: Energy Recovery (ERII) $350.46M, Badger Meter (BMI) $4.20B, Euro Tech Holdings (CLWT) $9.81M.

Which stock is cheaper, ERII, BMI and CLWT?

Energy Recovery (ERII) trades on the lowest price-to-earnings ratio (Energy Recovery (ERII) 22.8x, Badger Meter (BMI) 33.2x, Euro Tech Holdings (CLWT) 60.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Badger Meter (BMI) grew revenue fastest over the trailing twelve months: Energy Recovery (ERII) -15.0%, Badger Meter (BMI) -2.2%.

Which company is more profitable?

Badger Meter (BMI) has the highest net margin (Energy Recovery (ERII) 12.7%, Badger Meter (BMI) 14.4%).

Which stock has performed better?

Over the past year Euro Tech Holdings (CLWT) returned the most: Energy Recovery (ERII) -61.0%, Badger Meter (BMI) -17.1%, Euro Tech Holdings (CLWT) +6.5%. Over five years, Badger Meter (BMI) compounded fastest (Energy Recovery (ERII) -19.4%/yr, Badger Meter (BMI) +8.3%/yr, Euro Tech Holdings (CLWT) -18.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Energy Recovery (ERII) 0.00%, Badger Meter (BMI) 0.01%, Euro Tech Holdings (CLWT) 0.00%. Energy Recovery (ERII) and Euro Tech Holdings (CLWT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Badger Meter (BMI) has been the steadiest (Energy Recovery (ERII) 63.7%, Badger Meter (BMI) 49.5%, Euro Tech Holdings (CLWT) 89.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ERII, BMI and CLWT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Badger Meter (BMI) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.