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$Energy Recovery (ERII.US)$In the past 5 years, in addition ...

$Energy Recovery (ERII.US)$In the past 5 years, in addition to the 12.7% decline in 2021, revenue increased for 4 years. The average growth rate was 15%. Operating profit also fell sharply by 59% in 2021. The average growth rate in the past 4 years was 25.6%. The net profit curve affected by income tax rebates was slightly distorted. The average growth rate in the past 3 years was 30%.
Currently, the price-earnings ratio is 52. There is no discount compared to the growth rate, and the valuation is unattractive.
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