GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Fundamental Analysis
USA - NYSE:GFL - CA36168Q1046 - Common Stock
46.03 USD
+0.06 (+0.13%)
46.03 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to GFL. GFL was compared to 84 industry peers in the Commercial Services & Supplies industry. GFL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
GFL had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 19.14%, GFL belongs to the best of the industry, outperforming 98.81% of the companies in the same industry.
GFL has a better Return On Equity (46.28%) than 97.62% of its industry peers.
The Return On Invested Capital of GFL (2.08%) is worse than 60.71% of its industry peers.
GFL had an Average Return On Invested Capital over the past 3 years of 1.20%. This is significantly below the industry average of 10.60%.
The last Return On Invested Capital (2.08%) for GFL is above the 3 year average (1.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 46.28% | ||
| ROIC | 2.08% |
ROA(3y)-1.87%
ROA(5y)-3.18%
ROE(3y)-5.77%
ROE(5y)-9.45%
ROIC(3y)1.2%
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 98.81% of its industry peers.
The Operating Margin of GFL (6.08%) is comparable to the rest of the industry.
GFL's Gross Margin of 20.03% is on the low side compared to the rest of the industry. GFL is outperformed by 75.00% of its industry peers.
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.
GFL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GFL has been increased compared to 5 years ago.
GFL has a worse debt/assets ratio than last year.
2.2 Solvency
GFL has an Altman-Z score of 1.71. This is a bad value and indicates that GFL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GFL (1.71) is comparable to the rest of the industry.
GFL has a debt to FCF ratio of 37.92. This is a negative value and a sign of low solvency as GFL would need 37.92 years to pay back of all of its debts.
GFL has a Debt to FCF ratio of 37.92. This is comparable to the rest of the industry: GFL outperforms 41.67% of its industry peers.
GFL has a Debt/Equity ratio of 0.92. This is a neutral value indicating GFL is somewhat dependend on debt financing.
GFL has a worse Debt to Equity ratio (0.92) than 63.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 37.92 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.27
WACC7.58%
2.3 Liquidity
GFL has a Current 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 Current ratio of GFL (0.67) is worse than 88.10% 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: 84.52% 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
The Earnings Per Share has grown by an nice 10.60% over the past year.
The Earnings Per Share has been growing by 24.56% on average over the past years. This is a very strong growth
Looking at the last year, GFL shows a decrease in Revenue. The Revenue has decreased by -5.22% in the last year.
The Revenue has been growing by 18.63% on average over the past years. This is quite good.
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 20.18% yearly.
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.
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
GFL is valuated quite expensively with a Price/Earnings ratio of 88.52.
The rest of the industry has a similar Price/Earnings ratio as GFL.
When comparing the Price/Earnings ratio of GFL to the average of the S&P500 Index (27.41), we can say GFL is valued expensively.
With a Price/Forward Earnings ratio of 57.00, GFL can be considered very expensive at the moment.
GFL's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.87. GFL is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 88.52 | ||
| Fwd PE | 57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GFL is on the same level as its industry peers.
GFL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 121.65 | ||
| EV/EBITDA | 15.99 |
4.3 Compensation for Growth
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.
Compared to an average industry Dividend Yield of 2.28, GFL pays a bit more dividend than its industry peers.
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 decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
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%
46.03
+0.06 (+0.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners100.89%
Inst Owner Change-2.59%
Ins Owners2.88%
Ins Owner ChangeN/A
Market Cap16.72B
Analysts76.92
Price Target55.57 (20.73%)
Short Float %1.76%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
Yearly Dividend0.05
Dividend Growth(5Y)N/A
DP0.86%
Div Incr Years1
Div Non Decr Years1
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)-1.7%
PT rev (3m)4.62%
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 | 88.52 | ||
| Fwd PE | 57 | ||
| P/S | 3.2 | ||
| P/FCF | 121.65 | ||
| P/OCF | 16.61 | ||
| P/B | 3.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.99 |
EPS(TTM)0.52
EY1.13%
EPS(NY)0.81
Fwd EY1.75%
FCF(TTM)0.38
FCFY0.82%
OCF(TTM)2.77
OCFY6.02%
SpS14.4
BVpS15.25
TBVpS-1.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 46.28% | ||
| ROCE | 2.63% | ||
| ROIC | 2.08% | ||
| ROICexc | 2.1% | ||
| ROICexgc | 4.16% | ||
| 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)1.2%
ROIC(5y)N/A
ROICexc(3y)1.21%
ROICexc(5y)N/A
ROICexgc(3y)3.14%
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 | 1.71 |
F-Score6
WACC7.58%
ROIC/WACC0.27
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%