Perma-Fix Environmental Services, Inc. is rated a Buy at $11, with an anticipated inflection point and profitability return in Q2 as Hanford and PFAS businesses scale. PESI's Hanford-related waste treatment is ramping, with DOE contracts and supplemental grouting programs expected to drive revenue and backlog growth through 2040. PFAS destruction capacity is set to triple with new technology, targeting high incremental margins and offering a cost-effective, emission-free alternative to incineration.
Perma-Fix Environmental Services, Inc. ( PESI ) Q3 2025 Earnings Call November 10, 2025 10:00 AM EST Company Participants Mark Duff - President, CEO & Director Ben Naccarato - CFO, Executive VP & Secretary Louis Centofanti - Founder, Executive VP of Strategic Initiatives & Executive Director Conference Call Participants David Waldman - Crescendo Communications, LLC Howard Brous Aaron Spychalla - Craig-Hallum Capital Group LLC, Research Division Aaron Warwick Anthony Harpel Anthony Harpel Presentation Operator Good morning, everyone, and welcome to the Perma-Fix Fiscal Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.
Perma-Fix is well-positioned for growth with catalysts like Hanford DFLAW, PFAS Gen 2.0, and international contracts driving revenue and margin expansion in 2025. Improving financials, robust liquidity, and a growing order book mitigate risks from federal contract delays and competition with larger peers. DCF valuation suggests a fair value of $10.08–$12.19 per share, with upside if key projects execute successfully and revenue targets are met.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 20 | $145 | $290.59 | $145.59 | 100.41% |
Joseph Castro Nuveen LLC | 22,454 | $181,307.66 | $322,663.98 | $141,356.32 | 77.96% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 5 | $61.35 | $74.1 | $12.75 | 20.78% |
Candace Cavalier Congress Wealth Management LLC / DE / | 30,500 | $254,235 | $452,620 | $198,385 | 78.03% |
| WJ William Jollie Quent Capital LLC | 16,199 | $203,945.41 | $250,274.55 | $46,329.14 | 22.72% |
| Commercial Services & Supplies Industry | Industrials Sector | Mark J. Duff CEO | NASDAQ (CM) Exchange | 714157203 CUSIP |
| US Country | 307 Employees | - Last Dividend | 15 Oct 2013 Last Split | 8 Dec 1992 IPO Date |
Perma-Fix Environmental Services, Inc. is a multifaceted environmental and technology company based in the United States, engaging in the provision of critical environmental and waste management services. Incorporated in 1990 and headquartered in Atlanta, Georgia, the company operates through its subsidiaries and is divided into two primary segments: Treatment and Services. Perma-Fix Environmental Services focuses on offering comprehensive solutions for the treatment, processing, and disposal of a wide range of waste types, including nuclear, low-level radioactive, mixed, hazardous, and non-hazardous wastes. The company is dedicated to advancing its methods and technologies through continuous research and development efforts, aimed at efficiently handling complex and challenging waste streams. Additionally, Perma-Fix extends its expertise through technical and consulting services across various sectors, offering specialized support for decontamination, decommissioning, waste management, and environmental services to research institutions, commercial entities, public utilities, and governmental agencies.
Focuses on the treatment, processing, and disposal of nuclear, low-level radioactive, mixed, hazardous, and non-hazardous waste. Perma-Fix utilizes its treatment and storage facilities to handle these waste types, ensuring safe and compliant disposal solutions. This segment is also integral in driving the company's research and development efforts towards discovering innovative waste processing techniques for problematic waste streams.
Offers a wide range of services aimed at ensuring the safety and compliance of various installations. This includes professional radiological measurement and site surveys, health physics services, and integrated occupational safety and health services. Additionally, it provides consulting, engineering, and project and waste management services tailored to meet the specific needs of its clients in government and commercial sectors.
Specializes in the D&D of government and commercial facilities, encompassing a broad spectrum of activities from engineering and technology applications to specialty services such as logistics, transportation, processing, and disposal. Perma-Fix offers comprehensive support for license termination, including project management, planning, characterization, waste stream identification, remediation, and demolition, as well as compliance demonstration and emergency response.
Provides maintenance, servicing, calibrating, and sourcing of health physics, industrial hygiene, and environmental, occupational safety and health instruments. This service ensures that clients have access to the necessary equipment for monitoring and maintaining safety standards in their operations.