CLEAN HARBORS INC (CLH) Stock Fundamental Analysis
NYSE:CLH - New York Stock Exchange, Inc. - US1844961078 - Common Stock - Currency: USD
Taking everything into account, CLH scores 5 out of 10 in our fundamental rating. CLH was compared to 83 industry peers in the Commercial Services & Supplies industry. CLH has an average financial health and profitability rating. CLH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CLH had positive earnings in the past year.
CLH had a positive operating cash flow in the past year.
In the past 5 years CLH has always been profitable.
Each year in the past 5 years CLH had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.40%, CLH is doing good in the industry, outperforming 67.47% of the companies in the same industry.
CLH's Return On Equity of 15.21% is fine compared to the rest of the industry. CLH outperforms 73.49% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.88%, CLH is in the better half of the industry, outperforming 63.86% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CLH is below the industry average of 11.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 15.21% | ||
| ROIC | 7.88% |
ROA(3y)6.03%
ROA(5y)4.99%
ROE(3y)17.95%
ROE(5y)15.47%
ROIC(3y)8.67%
ROIC(5y)7.33%
1.3 Margins
Looking at the Profit Margin, with a value of 6.58%, CLH is in the better half of the industry, outperforming 72.29% of the companies in the same industry.
In the last couple of years the Profit Margin of CLH has grown nicely.
Looking at the Operating Margin, with a value of 11.04%, CLH is in the better half of the industry, outperforming 74.70% of the companies in the same industry.
In the last couple of years the Operating Margin of CLH has grown nicely.
CLH has a Gross Margin (30.76%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CLH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.04% | ||
| PM (TTM) | 6.58% | ||
| GM | 30.76% |
OM growth 3Y7.87%
OM growth 5Y11.1%
PM growth 3Y8.55%
PM growth 5Y18.99%
GM growth 3Y-0.48%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CLH is creating some value.
CLH has about the same amout of shares outstanding than it did 1 year ago.
CLH has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CLH has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.40 indicates that CLH is not in any danger for bankruptcy at the moment.
CLH has a better Altman-Z score (3.40) than 68.67% of its industry peers.
CLH has a debt to FCF ratio of 8.22. This is a slightly negative value and a sign of low solvency as CLH would need 8.22 years to pay back of all of its debts.
CLH's Debt to FCF ratio of 8.22 is fine compared to the rest of the industry. CLH outperforms 61.45% of its industry peers.
A Debt/Equity ratio of 1.08 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 1.08, CLH is doing worse than 67.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.4 |
ROIC/WACC0.96
WACC8.21%
2.3 Liquidity
A Current Ratio of 2.37 indicates that CLH has no problem at all paying its short term obligations.
CLH has a better Current ratio (2.37) than 78.31% of its industry peers.
A Quick Ratio of 1.98 indicates that CLH should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.98, CLH is doing good in the industry, outperforming 79.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
CLH shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.34%.
The Earnings Per Share has been growing by 31.46% on average over the past years. This is a very strong growth
CLH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
CLH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.54% yearly.
EPS 1Y (TTM)4.34%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-15.5%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
3.2 Future
CLH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.30% yearly.
The Revenue is expected to grow by 5.21% on average over the next years.
EPS Next Y3.52%
EPS Next 2Y10.81%
EPS Next 3Y15.96%
EPS Next 5Y12.3%
Revenue Next Year4.15%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
Revenue Next 5Y5.21%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
The Price/Earnings ratio is 32.25, which means the current valuation is very expensive for CLH.
Compared to the rest of the industry, the Price/Earnings ratio of CLH is on the same level as its industry peers.
CLH's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 25.56, which means the current valuation is very expensive for CLH.
CLH's Price/Forward Earnings is on the same level as the industry average.
CLH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 25.56 |
4.2 Price Multiples
CLH's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.86 | ||
| EV/EBITDA | 13.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CLH may justify a higher PE ratio.
A more expensive valuation may be justified as CLH's earnings are expected to grow with 15.96% in the coming years.
PEG (NY)9.15
PEG (5Y)1.03
EPS Next 2Y10.81%
EPS Next 3Y15.96%
5. Dividend
5.1 Amount
CLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
232.88
+1.63 (+0.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.22%
Inst Owner Change0.05%
Ins Owners5.57%
Ins Owner Change-0.87%
Market Cap12.48B
Analysts82.35
Price Target257.56 (10.6%)
Short Float %1.48%
Short Ratio2.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.06%
Min EPS beat(2)1.24%
Max EPS beat(2)12.88%
EPS beat(4)3
Avg EPS beat(4)4.91%
Min EPS beat(4)-3.86%
Max EPS beat(4)12.88%
EPS beat(8)6
Avg EPS beat(8)2.12%
EPS beat(12)10
Avg EPS beat(12)9.57%
EPS beat(16)14
Avg EPS beat(16)13.49%
Revenue beat(2)0
Avg Revenue beat(2)-1.31%
Min Revenue beat(2)-1.58%
Max Revenue beat(2)-1.03%
Revenue beat(4)2
Avg Revenue beat(4)-0.52%
Min Revenue beat(4)-1.58%
Max Revenue beat(4)0.5%
Revenue beat(8)3
Avg Revenue beat(8)-1.17%
Revenue beat(12)7
Avg Revenue beat(12)0.7%
Revenue beat(16)11
Avg Revenue beat(16)2.34%
PT rev (1m)0%
PT rev (3m)-4.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 25.56 | ||
| P/S | 2.1 | ||
| P/FCF | 36.86 | ||
| P/OCF | 16.4 | ||
| P/B | 4.85 | ||
| P/tB | 30.81 | ||
| EV/EBITDA | 13.47 |
EPS(TTM)7.22
EY3.1%
EPS(NY)9.11
Fwd EY3.91%
FCF(TTM)6.32
FCFY2.71%
OCF(TTM)14.2
OCFY6.1%
SpS110.96
BVpS47.99
TBVpS7.56
PEG (NY)9.15
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 15.21% | ||
| ROCE | 10.47% | ||
| ROIC | 7.88% | ||
| ROICexc | 8.7% | ||
| ROICexgc | 14.08% | ||
| OM | 11.04% | ||
| PM (TTM) | 6.58% | ||
| GM | 30.76% | ||
| FCFM | 5.69% |
ROA(3y)6.03%
ROA(5y)4.99%
ROE(3y)17.95%
ROE(5y)15.47%
ROIC(3y)8.67%
ROIC(5y)7.33%
ROICexc(3y)9.76%
ROICexc(5y)8.32%
ROICexgc(3y)16.3%
ROICexgc(5y)13.8%
ROCE(3y)11.52%
ROCE(5y)9.73%
ROICexcg growth 3Y10.92%
ROICexcg growth 5Y12.41%
ROICexc growth 3Y14.1%
ROICexc growth 5Y9.64%
OM growth 3Y7.87%
OM growth 5Y11.1%
PM growth 3Y8.55%
PM growth 5Y18.99%
GM growth 3Y-0.48%
GM growth 5Y0.63%
F-Score7
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Debt/EBITDA | 2.58 | ||
| Cap/Depr | 101.08% | ||
| Cap/Sales | 7.1% | ||
| Interest Coverage | 4.14 | ||
| Cash Conversion | 70.83% | ||
| Profit Quality | 86.54% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 3.4 |
F-Score7
WACC8.21%
ROIC/WACC0.96
Cap/Depr(3y)108.74%
Cap/Depr(5y)95.27%
Cap/Sales(3y)7.36%
Cap/Sales(5y)6.97%
Profit Quality(3y)77.75%
Profit Quality(5y)110.67%
High Growth Momentum
Growth
EPS 1Y (TTM)4.34%
EPS 3Y26.79%
EPS 5Y31.46%
EPS Q2Q%-15.5%
EPS Next Y3.52%
EPS Next 2Y10.81%
EPS Next 3Y15.96%
EPS Next 5Y12.3%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
Revenue Next Year4.15%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
Revenue Next 5Y5.21%
EBIT growth 1Y6.39%
EBIT growth 3Y24.78%
EBIT growth 5Y23.92%
EBIT Next Year74.71%
EBIT Next 3Y27.96%
EBIT Next 5Y20.03%
FCF growth 1Y1.22%
FCF growth 3Y3.81%
FCF growth 5Y11.72%
OCF growth 1Y9.82%
OCF growth 3Y12.52%
OCF growth 5Y13.49%