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. Both the profitability and the financial health of CLH get a neutral evaluation. Nothing too spectacular is happening here. CLH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CLH had positive earnings in the past year.
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 5.40%, CLH is in the better half of the industry, outperforming 67.47% of the companies in the same industry.
CLH has a better Return On Equity (15.21%) than 73.49% of its industry peers.
CLH's Return On Invested Capital of 7.88% is fine compared to the rest of the industry. CLH outperforms 63.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CLH is below the industry average of 10.89%.
| 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
The Profit Margin of CLH (6.58%) is better than 73.49% of its industry peers.
CLH's Profit Margin has improved in the last couple of years.
CLH's Operating Margin of 11.04% is fine compared to the rest of the industry. CLH outperforms 75.90% of its industry peers.
CLH's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 30.76%, CLH is in line with its industry, outperforming 50.60% of the companies in the same industry.
CLH's Gross Margin has been stable in the last couple of years.
| 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
CLH has an Altman-Z score of 3.39. This indicates that CLH is financially healthy and has little risk of bankruptcy at the moment.
CLH has a Altman-Z score of 3.39. This is in the better half of the industry: CLH outperforms 67.47% 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.
The Debt to FCF ratio of CLH (8.22) is better than 62.65% 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.
CLH has a Debt to Equity ratio of 1.08. This is in the lower half of the industry: CLH underperforms 66.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.39 |
ROIC/WACC0.95
WACC8.29%
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 Current ratio of 2.37. This is in the better half of the industry: CLH outperforms 75.90% of its industry peers.
A Quick Ratio of 1.98 indicates that CLH should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.98, CLH belongs to the top of the industry, outperforming 80.72% 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%.
Measured over the past years, CLH shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.46% on average per year.
CLH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
Measured over the past years, CLH shows a quite strong growth in Revenue. The Revenue has been growing by 11.54% on average per year.
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 12.71% yearly.
Based on estimates for the next years, CLH will show a small growth in Revenue. The Revenue will grow by 5.49% on average per year.
EPS Next Y3.52%
EPS Next 2Y10.81%
EPS Next 3Y15.96%
EPS Next 5Y12.71%
Revenue Next Year3.85%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
Revenue Next 5Y5.49%
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
CLH is valuated quite expensively with a Price/Earnings ratio of 31.37.
Compared to the rest of the industry, the Price/Earnings ratio of CLH is on the same level as its industry peers.
When comparing the Price/Earnings ratio of CLH to the average of the S&P500 Index (25.82), we can say CLH is valued slightly more expensively.
With a Price/Forward Earnings ratio of 24.86, CLH is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as CLH.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, CLH is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.37 | ||
| Fwd PE | 24.86 |
4.2 Price Multiples
CLH's Enterprise Value to EBITDA is on the same level as the industry average.
CLH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.27 | ||
| EV/EBITDA | 13.43 |
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 a very decent profitability rating, which may justify a higher PE ratio.
CLH's earnings are expected to grow with 15.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)8.9
PEG (5Y)1
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 |
226.51
-1.21 (-0.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners92.22%
Inst Owner Change-1.98%
Ins Owners5.93%
Ins Owner Change1.18%
Market Cap12.28B
Analysts81.18
Price Target257.56 (13.71%)
Short Float %1.66%
Short Ratio1.73
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)-4.2%
PT rev (3m)-8.79%
EPS NQ rev (1m)1.7%
EPS NQ rev (3m)-7.01%
EPS NY rev (1m)1.25%
EPS NY rev (3m)-7.34%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)-0.58%
Revenue NY rev (3m)-1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.37 | ||
| Fwd PE | 24.86 | ||
| P/S | 2.06 | ||
| P/FCF | 36.27 | ||
| P/OCF | 16.14 | ||
| P/B | 4.77 | ||
| P/tB | 30.32 | ||
| EV/EBITDA | 13.43 |
EPS(TTM)7.22
EY3.19%
EPS(NY)9.11
Fwd EY4.02%
FCF(TTM)6.25
FCFY2.76%
OCF(TTM)14.04
OCFY6.2%
SpS109.69
BVpS47.44
TBVpS7.47
PEG (NY)8.9
PEG (5Y)1
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 | 3.39 |
F-Score7
WACC8.29%
ROIC/WACC0.95
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 5Y12.71%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.67%
Revenue growth 5Y11.54%
Sales Q2Q%4.01%
Revenue Next Year3.85%
Revenue Next 2Y4.61%
Revenue Next 3Y5.35%
Revenue Next 5Y5.49%
EBIT growth 1Y6.39%
EBIT growth 3Y24.78%
EBIT growth 5Y23.92%
EBIT Next Year75.15%
EBIT Next 3Y28.22%
EBIT Next 5Y20.01%
FCF growth 1Y1.22%
FCF growth 3Y3.81%
FCF growth 5Y11.72%
OCF growth 1Y9.82%
OCF growth 3Y12.52%
OCF growth 5Y13.49%