GFL Environmental Inc vs Enviri Corp

We do not publish a verdict for GFL Environmental Inc (GFL) and Enviri Corp (NVRI) is overvalued.

We publish an intrinsic value for NVRI but not for GFL, so the two cannot be ranked on price.

Values as of the 19 Oct 2026 close.

GFL Environmental Inc (GFL)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

No Leak Score yet

Enviri Corp (NVRI)

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

MetricGFLNVRI
VerdictNot valuedOvervalued
Price$44.68$19.38
Intrinsic value—$11.15
Margin of safety—-74%
Leak Score—15/100 (8/12)
Market cap$19.5B$546M
Revenue growth, 5 years8.6%—
Operating margin5.6%-18.9%
Net margin-2.9%-29.5%
Return on equity-2.4%-81.2%
Debt to equity1.380.66
Forward P/E53.6x—
P/B3.1x0.8x
Dividend yield0.1%—

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