GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) Stock Fundamental Analysis
Canada - TSX:GFL - CA36168Q1046 - Common Stock
64.02 CAD
+0.41 (+0.64%)
Taking everything into account, GFL scores 4 out of 10 in our fundamental rating. GFL was compared to 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GFL had positive earnings in the past year.
GFL had a positive operating cash flow in the past year.
GFL had negative earnings in each of the past 5 years.
GFL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GFL has a better Return On Assets (19.14%) than 95.83% of its industry peers.
GFL's Return On Equity of 46.28% is amongst the best of the industry. GFL outperforms 100.00% of its industry peers.
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.
Measured over the past 3 years, the Average Return On Invested Capital for GFL is significantly below the industry average of 7.32%.
The last Return On Invested Capital (1.89%) for GFL is above the 3 year average (1.09%), which is a sign of increasing profitability.
| 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
The Profit Margin of GFL (49.00%) is better than 100.00% of its industry peers.
GFL has a better Operating Margin (6.08%) than 62.50% of its industry peers.
With a Gross Margin value of 20.03%, GFL is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GFL is destroying value.
Compared to 1 year ago, GFL has more shares outstanding
Compared to 5 years ago, GFL has more shares outstanding
GFL has a worse debt/assets ratio than last year.
2.2 Solvency
GFL has an Altman-Z score of 1.72. This is a bad value and indicates that GFL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, GFL is in line with its industry, outperforming 54.17% of the companies in the same industry.
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.
GFL has a Debt to FCF ratio (37.92) which is comparable to the rest of the industry.
GFL has a Debt/Equity ratio of 0.92. This is a neutral value indicating GFL is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.92, GFL is in line with its industry, outperforming 54.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 37.92 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.26
WACC7.4%
2.3 Liquidity
A Current Ratio of 0.67 indicates that GFL may have some problems paying its short term obligations.
GFL has a Current ratio of 0.67. This is in the lower half of the industry: GFL underperforms 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.
With a Quick ratio value of 0.67, GFL is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| 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.
GFL shows a decrease in Revenue. In the last year, the revenue decreased by -5.22%.
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
The Earnings Per Share is expected to grow by 20.18% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.88% on average over the next years.
EPS Next Y-22.04%
EPS Next 2Y15.92%
EPS Next 3Y21.89%
EPS Next 5Y20.18%
Revenue Next Year-16.18%
Revenue Next 2Y-5.53%
Revenue Next 3Y-1.56%
Revenue Next 5Y3.88%
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.
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 88.92, GFL can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of GFL is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.41, GFL is valued quite expensively.
The Price/Forward Earnings ratio is 57.33, which means the current valuation is very expensive for GFL.
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 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 88.92 | ||
| Fwd PE | 57.33 |
4.2 Price Multiples
GFL's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as GFL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 122.36 | ||
| EV/EBITDA | 16.06 |
4.3 Compensation for Growth
GFL has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as GFL's earnings are expected to grow with 21.89% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.92%
EPS Next 3Y21.89%
5. Dividend
5.1 Amount
With a yearly dividend of 0.13%, GFL is not a good candidate for dividend investing.
GFL's Dividend Yield is comparable with the industry average which is at 2.38.
Compared to an average S&P500 Dividend Yield of 2.38, GFL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
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
0.86% of the earnings are spent on dividend by GFL. This is a low number and sustainable payout ratio.
DP0.86%
EPS Next 2Y15.92%
EPS Next 3Y21.89%
TSX:GFL (9/19/2025, 7:00:00 PM)
64.02
+0.41 (+0.64%)
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 Cap23.26B
Analysts76.92
Price Target76.91 (20.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
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)-0.04%
PT rev (3m)5.61%
EPS NQ rev (1m)-3.56%
EPS NQ rev (3m)-47.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-37.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-21.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 88.92 | ||
| Fwd PE | 57.33 | ||
| P/S | 3.21 | ||
| P/FCF | 122.36 | ||
| P/OCF | 16.71 | ||
| P/B | 3.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.06 |
EPS(TTM)0.72
EY1.12%
EPS(NY)1.12
Fwd EY1.74%
FCF(TTM)0.52
FCFY0.82%
OCF(TTM)3.83
OCFY5.98%
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 | 1.72 |
F-Score6
WACC7.4%
ROIC/WACC0.26
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 5Y20.18%
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 5Y3.88%
EBIT growth 1Y40.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year264.02%
EBIT Next 3Y61.98%
EBIT Next 5Y40.33%
FCF growth 1Y34.92%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y21.86%
OCF growth 3Y19.71%
OCF growth 5Y43.74%