WallStSmart

Energy Recovery Inc (ERII)vsLiqTech International Inc (LIQT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Energy Recovery Inc generates 681% more annual revenue ($120.57M vs $15.43M). ERII leads profitability with a 12.7% profit margin vs -63.2%. LIQT appears more attractively valued with a PEG of 0.80. LIQT earns a higher WallStSmart Score of 49/100 (D+).

ERII

Hold

45

out of 100

Grade: D+

Growth: 4.7Profit: 5.0Value: 4.0Quality: 9.0
Piotroski: 4/9Altman Z: 7.49

LIQT

Hold

49

out of 100

Grade: D+

Growth: 5.3Profit: 2.0Value: 6.0Quality: 7.0
Piotroski: 4/9Altman Z: -4.40
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ERIIOvervalued (-10.1%)

Margin of Safety

-10.1%

Fair Value

$14.03

Current Price

$7.55

$6.48 premium

UndervaluedFair: $14.03Overvalued

Intrinsic value data unavailable for LIQT.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ERII4 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0510/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
7.4910/10

Safe zone — low bankruptcy risk

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

EPS GrowthGrowth
20.1%8/10

Earnings expanding 20.1% YoY

LIQT4 strengths · Avg: 9.3/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

EPS GrowthGrowth
459.2%10/10

Earnings expanding 459.2% YoY

Debt/EquityHealth
0.229/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.808/10

Growing faster than its price suggests

Areas to Watch

ERII4 concerns · Avg: 2.8/10
P/E RatioValuation
29.7x4/10

Moderate valuation

Market CapQuality
$394.58M3/10

Smaller company, higher risk/reward

PEG RatioValuation
3.332/10

Expensive relative to growth rate

Revenue GrowthGrowth
-57.2%2/10

Revenue declined 57.2%

LIQT4 concerns · Avg: 2.3/10
Market CapQuality
$18.74M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-79.3%2/10

ROE of -79.3% — below average capital efficiency

Revenue GrowthGrowth
-12.0%2/10

Revenue declined 12.0%

Free Cash FlowQuality
$-3.10M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ERII

The strongest argument for ERII centers on Debt/Equity, Altman Z-Score, Price/Book.

Bull Case : LIQT

The strongest argument for LIQT centers on Price/Book, EPS Growth, Debt/Equity. PEG of 0.80 suggests the stock is reasonably priced for its growth.

Bear Case : ERII

The primary concerns for ERII are P/E Ratio, Market Cap, PEG Ratio.

Bear Case : LIQT

The primary concerns for LIQT are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

ERII profiles as a declining stock while LIQT is a turnaround play — different risk/reward profiles.

LIQT carries more volatility with a beta of 1.09 — expect wider price swings.

LIQT is growing revenue faster at -12.0% — sustainability is the question.

ERII generates stronger free cash flow (15M), providing more financial flexibility.

Bottom Line

LIQT scores higher overall (49/100 vs 45/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Energy Recovery Inc

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

Energy Recovery, Inc. designs, manufactures and sells various solutions for the industrial fluid flow markets worldwide. The company is headquartered in San Leandro, California.

LiqTech International Inc

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

LiqTech International, Inc., a cleantech company, designs, develops, produces, markets and sells automated filtration systems and applications of ceramic silicon carbide liquid and diesel particulate air filters in the United States, Canada, Europe, Asia and South America. . The company is headquartered in Ballerup, Denmark.

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