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.
In the past year CLH had a positive cash flow from operations.
Each year in the past 5 years CLH has been profitable.
Each year in the past 5 years CLH had a positive operating cash flow.
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's Return On Equity of 15.21% is fine compared to the rest of the industry. CLH outperforms 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 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
With a decent Profit Margin value of 6.58%, CLH is doing good in 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.
With a decent Operating Margin value of 11.04%, CLH is doing good in the industry, outperforming 74.70% of the companies in the same industry.
CLH's Operating Margin has improved in the last couple of years.
CLH's Gross Margin of 30.76% is in line compared to the rest of the industry. CLH outperforms 49.40% of 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CLH is destroying value.
The number of shares outstanding for CLH remains at a similar level compared to 1 year ago.
Compared to 5 years ago, CLH has less shares outstanding
The debt/assets ratio for CLH is higher compared to a year ago.
2.2 Solvency
CLH has an Altman-Z score of 3.36. This indicates that CLH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CLH (3.36) is better than 65.06% of its industry peers.
The Debt to FCF ratio of CLH is 8.22, which is on the high side as it means it would take CLH, 8.22 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.22, CLH is in the better half of the industry, outperforming 61.45% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that CLH has dependencies on debt financing.
With a Debt to Equity ratio value of 1.08, CLH is not doing good in the industry: 67.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 3.36 |
ROIC/WACC0.8
WACC9.8%
2.3 Liquidity
CLH has a Current Ratio of 2.37. This indicates that CLH is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.37, CLH is doing good in the industry, outperforming 78.31% of the companies in the same industry.
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 is in the better half of 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
The Earnings Per Share has been growing slightly by 4.34% over the past year.
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%.
The Revenue has been growing by 11.54% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 12.30% on average over the next years. This is quite good.
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 Year3.85%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.35 indicates a quite expensive valuation of CLH.
CLH's Price/Earnings is on the same level as the industry average.
CLH's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 24.84, which indicates a rather expensive current valuation of 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 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.35 | ||
| Fwd PE | 24.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLH is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.83 | ||
| EV/EBITDA | 13.23 |
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.
The decent profitability rating of CLH 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)8.89
PEG (5Y)1
EPS Next 2Y10.81%
EPS Next 3Y15.96%
5. Dividend
5.1 Amount
No dividends for CLH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
226.34
+0.77 (+0.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.22%
Inst Owner Change-1.11%
Ins Owners5.57%
Ins Owner Change0.09%
Market Cap12.13B
Analysts81.18
Price Target257.56 (13.79%)
Short Float %1.45%
Short Ratio1.88
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)-5.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.35 | ||
| Fwd PE | 24.84 | ||
| P/S | 2.04 | ||
| P/FCF | 35.83 | ||
| P/OCF | 15.94 | ||
| P/B | 4.72 | ||
| P/tB | 29.95 | ||
| EV/EBITDA | 13.23 |
EPS(TTM)7.22
EY3.19%
EPS(NY)9.11
Fwd EY4.03%
FCF(TTM)6.32
FCFY2.79%
OCF(TTM)14.2
OCFY6.27%
SpS110.96
BVpS47.99
TBVpS7.56
PEG (NY)8.89
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 | 3.36 |
F-Score7
WACC9.8%
ROIC/WACC0.8
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 Year3.85%
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%