CLEAN HARBORS INC (CLH)
US1844961078 - Common Stock
Overall CLH gets a fundamental rating of 5 out of 10. We evaluated CLH against 85 industry peers in the Commercial Services & Supplies industry. While CLH has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, CLH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CLH was profitable.
In the past year CLH had a positive cash flow from operations.
In the past 5 years CLH has always been profitable.
CLH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.92%, CLH belongs to the top of the industry, outperforming 81.93% of the companies in the same industry.
CLH has a better Return On Equity (16.81%) than 84.34% of its industry peers.
CLH has a Return On Invested Capital of 8.69%. This is in the better half of the industry: CLH outperforms 78.31% of its industry peers.
CLH had an Average Return On Invested Capital over the past 3 years of 7.88%. This is below the industry average of 10.11%.
The 3 year average ROIC (7.88%) for CLH is below the current ROIC(8.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.92% | ||
| ROE | 16.81% | ||
| ROIC | 8.69% |
ROA(3y)5.41%
ROA(5y)4.37%
ROE(3y)17.22%
ROE(5y)13.88%
ROIC(3y)7.88%
ROIC(5y)6.79%
1.3 Margins
CLH has a Profit Margin of 6.99%. This is amongst the best in the industry. CLH outperforms 81.93% of its industry peers.
In the last couple of years the Profit Margin of CLH has grown nicely.
CLH's Operating Margin of 11.32% is fine compared to the rest of the industry. CLH outperforms 77.11% of its industry peers.
CLH's Operating Margin has improved in the last couple of years.
The Gross Margin of CLH (30.74%) is comparable to the rest of the industry.
CLH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.32% | ||
| PM (TTM) | 6.99% | ||
| GM | 30.74% |
OM growth 3Y14.33%
OM growth 5Y15.4%
PM growth 3Y17.67%
PM growth 5Y28.58%
GM growth 3Y-1.33%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CLH is still creating some value.
Compared to 1 year ago, CLH has less shares outstanding
The number of shares outstanding for CLH has been reduced compared to 5 years ago.
Compared to 1 year ago, CLH has an improved debt to assets ratio.
2.2 Solvency
CLH has an Altman-Z score of 3.41. This indicates that CLH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CLH (3.41) is better than 72.29% of its industry peers.
The Debt to FCF ratio of CLH is 7.43, which is on the high side as it means it would take CLH, 7.43 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.43, CLH is in line with its industry, outperforming 57.83% of the companies in the same industry.
A Debt/Equity ratio of 1.02 is on the high side and indicates that CLH has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.02, CLH is doing worse than 66.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 7.43 | ||
| Altman-Z | 3.41 |
ROIC/WACC1.06
WACC8.19%
2.3 Liquidity
A Current Ratio of 1.98 indicates that CLH should not have too much problems paying its short term obligations.
The Current ratio of CLH (1.98) is better than 71.08% of its industry peers.
A Quick Ratio of 1.66 indicates that CLH should not have too much problems paying its short term obligations.
CLH has a better Quick ratio (1.66) than 72.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
The earnings per share for CLH have decreased by -2.10% in the last year.
Measured over the past years, CLH shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.10% on average per year.
Looking at the last year, CLH shows a small growth in Revenue. The Revenue has grown by 4.69% in the last year.
CLH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.39% yearly.
EPS 1Y (TTM)-2.1%
EPS 3Y44.23%
EPS 5Y41.1%
EPS growth Q2Q26.39%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y19.82%
Revenue growth 5Y10.39%
Revenue growth Q2Q4.7%
3.2 Future
The Earnings Per Share is expected to grow by 14.75% on average over the next years. This is quite good.
Based on estimates for the next years, CLH will show a small growth in Revenue. The Revenue will grow by 5.22% on average per year.
EPS Next Y7.5%
EPS Next 2Y13.43%
EPS Next 3Y14.75%
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y5.31%
Revenue Next 3Y5.79%
Revenue Next 5Y5.22%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.66, CLH can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as CLH.
Compared to an average S&P500 Price/Earnings ratio of 28.28, CLH is valued at the same level.
Based on the Price/Forward Earnings ratio of 27.59, the valuation of CLH can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CLH is on the same level as its industry peers.
CLH is valuated rather expensively when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.66 | ||
| Fwd PE | 27.59 |
4.2 Price Multiples
CLH's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CLH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.59 | ||
| EV/EBITDA | 13.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CLH does not grow enough to justify the current Price/Earnings ratio.
CLH has an outstanding profitability rating, which may justify a higher PE ratio.
CLH's earnings are expected to grow with 14.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.96
PEG (5Y)0.72
EPS Next 2Y13.43%
EPS Next 3Y14.75%
5. Dividend
5.1 Amount
CLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CLEAN HARBORS INC
NYSE:CLH (5/3/2024, 7:04:00 PM)
After market: 207.35 0 (0%)207.35
+1.8 (+0.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.66 | ||
| Fwd PE | 27.59 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.96
PEG (5Y)0.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.92% | ||
| ROE | 16.81% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.32% | ||
| PM (TTM) | 6.99% | ||
| GM | 30.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-2.1%
EPS 3Y44.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y7.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.69%
Revenue growth 3Y19.82%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y