Clean Harbors Inc (CLH) is overvalued and Enviri Corp (NVRI) is overvalued.
Both trade above our estimate of their intrinsic value. CLH is the closer of the two: -62%, against -74% for NVRI.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $195.96; the price of $316.61 is 62% above that value, and 76% of that value comes from beyond year five.
Leak Score 49/100 on 12 of 12 signals
Discounting its cash flows at 6.9% values the shares at $11.15; the price of $19.38 is 74% above that value, and 84% of that value comes from beyond year five.
Leak Score 15/100 on 8 of 12 signals
| Metric | CLH | NVRI |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $316.61 | $19.38 |
| Intrinsic value | $195.96 | $11.15 |
| Margin of safety | -62% | -74% |
| Leak Score | 49/100 (12/12) | 15/100 (8/12) |
| Market cap | $16.7B | $546M |
| Revenue growth, 5 years | 13.9% | — |
| Operating margin | 11.8% | -18.9% |
| Net margin | 7.0% | -29.5% |
| Return on equity | 15.6% | -81.2% |
| Debt to equity | 1.04 | 0.66 |
| P/E | 38.4x | — |
| Forward P/E | 30.9x | — |
| P/B | 5.7x | 0.8x |