GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) Stock Fundamental Analysis
TSX:GFL - CA36168Q1046 - Common Stock
68.7 CAD
+0.89 (+1.31%)
GFL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 24 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of GFL while its profitability can be described as average. GFL is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GFL had positive earnings in the past year.
In the past year GFL had a positive cash flow from operations.
In the past 5 years GFL always reported negative net income.
Each year in the past 5 years GFL had a positive operating cash flow.
1.2 Ratios
GFL has a better Return On Assets (19.14%) than 95.83% of its industry peers.
With an excellent Return On Equity value of 46.28%, GFL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With a Return On Invested Capital value of 1.89%, GFL perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GFL is significantly below the industry average of 6.97%.
The 3 year average ROIC (1.09%) for GFL is below the current ROIC(1.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 46.28% | ||
| ROIC | 1.89% |
ROA(3y)-1.87%
ROA(5y)-3.18%
ROE(3y)-5.77%
ROE(5y)-9.45%
ROIC(3y)1.09%
ROIC(5y)N/A
1.3 Margins
GFL has a Profit Margin of 49.00%. This is amongst the best in the industry. GFL outperforms 100.00% of its industry peers.
GFL has a Operating Margin of 6.08%. This is in the better half of the industry: GFL outperforms 62.50% of its industry peers.
Looking at the Gross Margin, with a value of 20.03%, GFL is doing worse than 62.50% of the companies in the same industry.
GFL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.08% | ||
| PM (TTM) | 49% | ||
| GM | 20.03% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.55%
GM growth 5Y15.32%
2. Health
2.1 Basic Checks
GFL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GFL has more shares outstanding
Compared to 5 years ago, GFL has more shares outstanding
Compared to 1 year ago, GFL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.82 indicates that GFL is not a great score, but indicates only limited risk for bankruptcy at the moment.
GFL has a Altman-Z score (1.82) which is in line with its industry peers.
The Debt to FCF ratio of GFL is 37.92, which is on the high side as it means it would take GFL, 37.92 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 37.92, GFL is in line with its industry, outperforming 50.00% of the companies in the same industry.
A Debt/Equity ratio of 0.92 indicates that GFL is somewhat dependend on debt financing.
The Debt to Equity ratio of GFL (0.92) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 37.92 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.25
WACC7.62%
2.3 Liquidity
A Current Ratio of 0.67 indicates that GFL may have some problems paying its short term obligations.
GFL's Current ratio of 0.67 is on the low side compared to the rest of the industry. GFL is outperformed by 75.00% of its industry peers.
GFL has a Quick Ratio of 0.67. This is a bad value and indicates that GFL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of GFL (0.67) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
GFL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.60%, which is quite good.
GFL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.56% yearly.
Looking at the last year, GFL shows a decrease in Revenue. The Revenue has decreased by -5.22% in the last year.
GFL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.63% yearly.
EPS 1Y (TTM)10.6%
EPS 3Y24.56%
EPS 5YN/A
EPS Q2Q%-10.34%
Revenue 1Y (TTM)-5.22%
Revenue growth 3Y12.47%
Revenue growth 5Y18.63%
Sales Q2Q%-18.68%
3.2 Future
GFL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.27% yearly.
GFL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.97% yearly.
EPS Next Y-22.04%
EPS Next 2Y15.92%
EPS Next 3Y21.89%
EPS Next 5Y20.27%
Revenue Next Year-16.18%
Revenue Next 2Y-5.53%
Revenue Next 3Y-1.56%
Revenue Next 5Y3.97%
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 stable.
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
With a Price/Earnings ratio of 95.42, GFL can be considered very expensive at the moment.
GFL's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.13. GFL is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 61.53, GFL can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as GFL.
GFL is valuated expensively when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 95.42 | ||
| Fwd PE | 61.53 |
4.2 Price Multiples
GFL'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 GFL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 131.31 | ||
| EV/EBITDA | 16.96 |
4.3 Compensation for Growth
The decent profitability rating of GFL may justify a higher PE ratio.
GFL's earnings are expected to grow with 21.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.92%
EPS Next 3Y21.89%
5. Dividend
5.1 Amount
GFL has a yearly dividend return of 0.12%, which is pretty low.
GFL's Dividend Yield is comparable with the industry average which is at 2.33.
Compared to an average S&P500 Dividend Yield of 2.32, GFL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
5.2 History
GFL has been paying a dividend for over 5 years, so it has already some track record.
GFL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
GFL pays out 0.86% of its income as dividend. This is a sustainable payout ratio.
DP0.86%
EPS Next 2Y15.92%
EPS Next 3Y21.89%
TSX:GFL (8/29/2025, 7:00:00 PM)
68.7
+0.89 (+1.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners100.89%
Inst Owner ChangeN/A
Ins Owners2.88%
Ins Owner ChangeN/A
Market Cap24.96B
Analysts76.92
Price Target76.91 (11.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
Yearly Dividend0.07
Dividend Growth(5Y)N/A
DP0.86%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-340.24%
Min EPS beat(2)-694.06%
Max EPS beat(2)13.57%
EPS beat(4)2
Avg EPS beat(4)-167.91%
Min EPS beat(4)-694.06%
Max EPS beat(4)13.57%
EPS beat(8)3
Avg EPS beat(8)-94.31%
EPS beat(12)6
Avg EPS beat(12)-39.7%
EPS beat(16)10
Avg EPS beat(16)20.31%
Revenue beat(2)0
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-1.57%
Max Revenue beat(2)-0.82%
Revenue beat(4)0
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-2.86%
Max Revenue beat(4)-0.51%
Revenue beat(8)1
Avg Revenue beat(8)-0.81%
Revenue beat(12)4
Avg Revenue beat(12)0.6%
Revenue beat(16)7
Avg Revenue beat(16)1.15%
PT rev (1m)3.22%
PT rev (3m)8.9%
EPS NQ rev (1m)-4.14%
EPS NQ rev (3m)-46.28%
EPS NY rev (1m)-37.25%
EPS NY rev (3m)-37.25%
Revenue NQ rev (1m)1.37%
Revenue NQ rev (3m)-21.2%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 95.42 | ||
| Fwd PE | 61.53 | ||
| P/S | 3.45 | ||
| P/FCF | 131.31 | ||
| P/OCF | 17.93 | ||
| P/B | 3.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.96 |
EPS(TTM)0.72
EY1.05%
EPS(NY)1.12
Fwd EY1.63%
FCF(TTM)0.52
FCFY0.76%
OCF(TTM)3.83
OCFY5.58%
SpS19.91
BVpS21.09
TBVpS-1.55
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 46.28% | ||
| ROCE | 2.63% | ||
| ROIC | 1.89% | ||
| ROICexc | 1.91% | ||
| ROICexgc | 3.79% | ||
| OM | 6.08% | ||
| PM (TTM) | 49% | ||
| GM | 20.03% | ||
| FCFM | 2.63% |
ROA(3y)-1.87%
ROA(5y)-3.18%
ROE(3y)-5.77%
ROE(5y)-9.45%
ROIC(3y)1.09%
ROIC(5y)N/A
ROICexc(3y)1.1%
ROICexc(5y)N/A
ROICexgc(3y)2.86%
ROICexgc(5y)N/A
ROCE(3y)1.52%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.55%
GM growth 5Y15.32%
F-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 37.92 | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | 82.98% | ||
| Cap/Sales | 16.61% | ||
| Interest Coverage | 0.82 | ||
| Cash Conversion | 73.72% | ||
| Profit Quality | 5.36% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 1.82 |
F-Score6
WACC7.62%
ROIC/WACC0.25
Cap/Depr(3y)66.3%
Cap/Depr(5y)56.37%
Cap/Sales(3y)13.58%
Cap/Sales(5y)12.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.6%
EPS 3Y24.56%
EPS 5YN/A
EPS Q2Q%-10.34%
EPS Next Y-22.04%
EPS Next 2Y15.92%
EPS Next 3Y21.89%
EPS Next 5Y20.27%
Revenue 1Y (TTM)-5.22%
Revenue growth 3Y12.47%
Revenue growth 5Y18.63%
Sales Q2Q%-18.68%
Revenue Next Year-16.18%
Revenue Next 2Y-5.53%
Revenue Next 3Y-1.56%
Revenue Next 5Y3.97%
EBIT growth 1Y40.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year264.02%
EBIT Next 3Y61.98%
EBIT Next 5Y40.44%
FCF growth 1Y34.92%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y21.86%
OCF growth 3Y19.71%
OCF growth 5Y43.74%