59.85 USD
-0.22 (-0.37%)
59.85 USD
0 (0%)
Overall CECO gets a fundamental rating of 4 out of 10. We evaluated CECO against 132 industry peers in the Machinery industry. While CECO is still in line with the averages on profitability rating, there are concerns on its financial health. CECO is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year CECO was profitable.
In the past year CECO has reported a negative cash flow from operations.
CECO had positive earnings in each of the past 5 years.
CECO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.82%, CECO is doing good in the industry, outperforming 64.39% of the companies in the same industry.
CECO has a Return On Equity of 16.78%. This is in the better half of the industry: CECO outperforms 77.27% of its industry peers.
CECO has a Return On Invested Capital (5.78%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CECO is below the industry average of 10.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 16.78% | ||
| ROIC | 5.78% |
ROA(3y)2.43%
ROA(5y)1.92%
ROE(3y)6.31%
ROE(5y)4.73%
ROIC(3y)6.39%
ROIC(5y)5.34%
1.3 Margins
CECO's Profit Margin of 7.22% is fine compared to the rest of the industry. CECO outperforms 62.88% of its industry peers.
In the last couple of years the Profit Margin of CECO has declined.
With a Operating Margin value of 6.42%, CECO perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
CECO's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 34.91%, CECO is doing good in the industry, outperforming 62.88% of the companies in the same industry.
In the last couple of years the Gross Margin of CECO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.42% | ||
| PM (TTM) | 7.22% | ||
| GM | 34.91% |
OM growth 3Y24.13%
OM growth 5Y5.02%
PM growth 3Y75.18%
PM growth 5Y-14.81%
GM growth 3Y4.29%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CECO is destroying value.
Compared to 1 year ago, CECO has more shares outstanding
Compared to 5 years ago, CECO has less shares outstanding
The debt/assets ratio for CECO is higher compared to a year ago.
2.2 Solvency
CECO has an Altman-Z score of 3.39. This indicates that CECO is financially healthy and has little risk of bankruptcy at the moment.
CECO's Altman-Z score of 3.39 is in line compared to the rest of the industry. CECO outperforms 59.85% of its industry peers.
CECO has a Debt/Equity ratio of 0.71. This is a neutral value indicating CECO is somewhat dependend on debt financing.
CECO's Debt to Equity ratio of 0.71 is on the low side compared to the rest of the industry. CECO is outperformed by 68.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.39 |
ROIC/WACC0.61
WACC9.48%
2.3 Liquidity
A Current Ratio of 1.33 indicates that CECO should not have too much problems paying its short term obligations.
With a Current ratio value of 1.33, CECO is not doing good in the industry: 81.06% of the companies in the same industry are doing better.
A Quick Ratio of 0.76 indicates that CECO may have some problems paying its short term obligations.
CECO has a worse Quick ratio (0.76) than 79.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
CECO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.18%, which is quite good.
Measured over the past 5 years, CECO shows a small growth in Earnings Per Share. The EPS has been growing by 4.06% on average per year.
Looking at the last year, CECO shows a very strong growth in Revenue. The Revenue has grown by 29.86%.
Measured over the past years, CECO shows a quite strong growth in Revenue. The Revenue has been growing by 10.29% on average per year.
EPS 1Y (TTM)19.18%
EPS 3Y35.41%
EPS 5Y4.06%
EPS Q2Q%85.71%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y19.85%
Revenue growth 5Y10.29%
Sales Q2Q%45.82%
3.2 Future
Based on estimates for the next years, CECO will show a very strong growth in Earnings Per Share. The EPS will grow by 42.16% on average per year.
CECO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.98% yearly.
EPS Next Y39.51%
EPS Next 2Y43.92%
EPS Next 3Y42.16%
EPS Next 5YN/A
Revenue Next Year36.55%
Revenue Next 2Y25.1%
Revenue Next 3Y19.98%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CECO is valuated quite expensively with a Price/Earnings ratio of 68.79.
Based on the Price/Earnings ratio, CECO is valued a bit more expensive than the industry average as 68.94% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.51. CECO is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 40.13, the valuation of CECO can be described as expensive.
67.42% of the companies in the same industry are cheaper than CECO, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.13. CECO is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.79 | ||
| Fwd PE | 40.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CECO is valued a bit more expensive than the industry average as 73.48% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 33.97 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CECO's earnings are expected to grow with 42.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.74
PEG (5Y)16.93
EPS Next 2Y43.92%
EPS Next 3Y42.16%
5. Dividend
5.1 Amount
No dividends for CECO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
59.85
-0.22 (-0.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners82.74%
Inst Owner Change-99.96%
Ins Owners10.36%
Ins Owner Change-0.64%
Market Cap2.13B
Revenue(TTM)718.25M
Net Income(TTM)51.87M
Analysts81.67
Price Target62.22 (3.96%)
Short Float %7.62%
Short Ratio5.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.36%
Min EPS beat(2)-0.35%
Max EPS beat(2)33.06%
EPS beat(4)3
Avg EPS beat(4)12.35%
Min EPS beat(4)-0.35%
Max EPS beat(4)33.06%
EPS beat(8)5
Avg EPS beat(8)7.03%
EPS beat(12)8
Avg EPS beat(12)9.13%
EPS beat(16)12
Avg EPS beat(16)28.78%
Revenue beat(2)2
Avg Revenue beat(2)1.75%
Min Revenue beat(2)1.73%
Max Revenue beat(2)1.77%
Revenue beat(4)3
Avg Revenue beat(4)3.78%
Min Revenue beat(4)-2.69%
Max Revenue beat(4)14.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.36%
Revenue beat(12)8
Avg Revenue beat(12)1.6%
Revenue beat(16)12
Avg Revenue beat(16)3.9%
PT rev (1m)3.68%
PT rev (3m)18.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.39%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.11%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.79 | ||
| Fwd PE | 40.13 | ||
| P/S | 2.97 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 6.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 33.97 |
EPS(TTM)0.87
EY1.45%
EPS(NY)1.49
Fwd EY2.49%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)-0.06
OCFYN/A
SpS20.15
BVpS8.68
TBVpS-2.63
PEG (NY)1.74
PEG (5Y)16.93
Graham Number13.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 16.78% | ||
| ROCE | 7.76% | ||
| ROIC | 5.78% | ||
| ROICexc | 6.12% | ||
| ROICexgc | 21.74% | ||
| OM | 6.42% | ||
| PM (TTM) | 7.22% | ||
| GM | 34.91% | ||
| FCFM | N/A |
ROA(3y)2.43%
ROA(5y)1.92%
ROE(3y)6.31%
ROE(5y)4.73%
ROIC(3y)6.39%
ROIC(5y)5.34%
ROICexc(3y)7.22%
ROICexc(5y)6.02%
ROICexgc(3y)29.86%
ROICexgc(5y)24.41%
ROCE(3y)8.61%
ROCE(5y)7.19%
ROICexgc growth 3Y24.08%
ROICexgc growth 5Y-0.02%
ROICexc growth 3Y22.84%
ROICexc growth 5Y2.33%
OM growth 3Y24.13%
OM growth 5Y5.02%
PM growth 3Y75.18%
PM growth 5Y-14.81%
GM growth 3Y4.29%
GM growth 5Y1.11%
F-Score4
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.2 | ||
| Cap/Depr | 67.6% | ||
| Cap/Sales | 2.09% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 3.39 |
F-Score4
WACC9.48%
ROIC/WACC0.61
Cap/Depr(3y)72.83%
Cap/Depr(5y)56.98%
Cap/Sales(3y)1.82%
Cap/Sales(5y)1.5%
Profit Quality(3y)163.14%
Profit Quality(5y)251.6%
High Growth Momentum
Growth
EPS 1Y (TTM)19.18%
EPS 3Y35.41%
EPS 5Y4.06%
EPS Q2Q%85.71%
EPS Next Y39.51%
EPS Next 2Y43.92%
EPS Next 3Y42.16%
EPS Next 5YN/A
Revenue 1Y (TTM)29.86%
Revenue growth 3Y19.85%
Revenue growth 5Y10.29%
Sales Q2Q%45.82%
Revenue Next Year36.55%
Revenue Next 2Y25.1%
Revenue Next 3Y19.98%
Revenue Next 5YN/A
EBIT growth 1Y8.66%
EBIT growth 3Y48.77%
EBIT growth 5Y15.83%
EBIT Next Year118.38%
EBIT Next 3Y49.62%
EBIT Next 5YN/A
FCF growth 1Y-152.59%
FCF growth 3Y-11.27%
FCF growth 5Y10.3%
OCF growth 1Y-105.76%
OCF growth 3Y23.13%
OCF growth 5Y19.4%
CECO ENVIRONMENTAL CORP / CECO FAQ
What is the ChartMill fundamental rating of CECO ENVIRONMENTAL CORP (CECO) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CECO.
What is the valuation status for CECO stock?
ChartMill assigns a valuation rating of 1 / 10 to CECO ENVIRONMENTAL CORP (CECO). This can be considered as Overvalued.
What is the profitability of CECO stock?
CECO ENVIRONMENTAL CORP (CECO) has a profitability rating of 5 / 10.
How financially healthy is CECO ENVIRONMENTAL CORP?
The financial health rating of CECO ENVIRONMENTAL CORP (CECO) is 2 / 10.
Can you provide the dividend sustainability for CECO stock?
The dividend rating of CECO ENVIRONMENTAL CORP (CECO) is 0 / 10 and the dividend payout ratio is 0%.